Devon Energy (DVN) Invested Capital (2009 - 2026)
Devon Energy's (DVN) quarterly Invested Capital came in at $999.0 million in Q1 2026, up 105.98% year-on-year from $485.0 million in Q1 2025, and little changed on a QoQ basis from $998.0 million in Q4 2025.
Devon Energy (DVN) Invested Capital (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Invested Capital data on file, last reported at $999.0 million in Q1 2026.
- On a quarterly basis, Invested Capital rose 105.98% year-over-year to $999.0 million in Q1 2026; TTM through Mar 2026 was $3.5 billion, a 140.83% increase from a year earlier, with the FY2025 full-year figure at $998.0 million, up 105.77% from the prior year.
- Invested Capital for Q1 2026 stood at $999.0 million, roughly flat from $998.0 million in the prior quarter.
- Over the last five years, Invested Capital for DVN reached as high as $999.0 million in Q1 2026 and fell as low as $244.0 million in Q2 2023.
- Historically, Invested Capital has averaged $526.5 million across 5 years, with a median of $484.0 million in 2023.
- Across the five-year window, Invested Capital increased 0.41% in 2024 and soared 105.98% in 2026, its largest moves.
- Year by year, Invested Capital stood at $251.0 million in 2022, then surged by 92.43% to $483.0 million in 2023, then climbed by 0.41% to $485.0 million in 2024, then surged by 105.77% to $998.0 million in 2025, then increased by 0.1% to $999.0 million in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $999.0 million in Q1 2026, $998.0 million in Q4 2025, and $998.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 1.07 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 27.00 Mn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 749.00 Mn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 1.50 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 424.00 Mn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 114.96 Mn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 999.00 Mn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 875.00 Mn |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 999.00 Mn |
| Dec 31, 2025 | 998.00 Mn |
| Sep 30, 2025 | 998.00 Mn |
| Jun 30, 2025 | 485.00 Mn |
| Mar 31, 2025 | 485.00 Mn |
| Dec 31, 2024 | 485.00 Mn |
| Jun 30, 2024 | 475.00 Mn |
| Mar 31, 2024 | 479.00 Mn |
| Dec 31, 2023 | 483.00 Mn |
| Sep 30, 2023 | 487.00 Mn |
| Jun 30, 2023 | 244.00 Mn |
| Mar 31, 2023 | 247.00 Mn |
| Dec 31, 2022 | 251.00 Mn |
| Sep 30, 2022 | 255.00 Mn |
| Mar 31, 2021 | 226.00 Mn |
| Dec 31, 2020 | 4.35 Bn |
| Sep 30, 2020 | 750.00 Mn |
| Jun 30, 2020 | 1.25 Bn |
| Mar 31, 2020 | 366.00 Mn |
| Dec 31, 2019 | 675.00 Mn |