Devon Energy (DVN) Net Margin (2009 - 2026)
Devon Energy's (DVN) quarterly Net Margin came in at 4.79% in Q1 2026, down 310.0% year-on-year from 2.28% in Q1 2025, and down 78.34% on a QoQ basis from 22.12% in Q4 2025.
Devon Energy (DVN) Net Margin (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Net Margin data on file, last reported at 4.79% in Q1 2026.
- On a quarterly basis, Net Margin fell 310.0% year-over-year to 4.79% in Q1 2026; TTM through Mar 2026 was 14.48%, a 419.0% decrease from a year earlier, with the FY2025 full-year figure at 15.48%, down 324.0% from the prior year.
- Net Margin for Q1 2026 stood at 4.79%, down from 22.12% in the prior quarter.
- Over the last five years, Net Margin for DVN reached as high as 46.51% in Q4 2023 and fell as low as 4.79% in Q1 2026.
- Historically, Net Margin has averaged 23.31% across 5 years, with a median of 21.12% in 2023.
- Across the five-year window, Net Margin soared 3033 bps in 2022 and slumped 2205 bps in 2023, its largest moves.
- Year by year, Net Margin stood at 27.67% in 2022, then surged by 68 bps to 46.51% in 2023, then plunged by 38 bps to 29.04% in 2024, then slipped by 24 bps to 22.12% in 2025, then slumped by 78 bps to 4.79% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 4.79% in Q1 2026, 22.12% in Q4 2025, and 12.91% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 13.85% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 28.61% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 3.40% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 26.39% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 60.71% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 15.55% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 60.34% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 4.79% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 26.36% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 15.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.79% |
| Dec 31, 2025 | 22.12% |
| Sep 30, 2025 | 12.91% |
| Jun 30, 2025 | 19.21% |
| Mar 31, 2025 | 7.89% |
| Dec 31, 2024 | 29.04% |
| Sep 30, 2024 | 18.54% |
| Jun 30, 2024 | 19.44% |
| Mar 31, 2024 | 15.37% |
| Dec 31, 2023 | 46.51% |
| Sep 30, 2023 | 21.12% |
| Jun 30, 2023 | 17.48% |
| Mar 31, 2023 | 26.58% |
| Dec 31, 2022 | 27.67% |
| Sep 30, 2022 | 43.17% |
| Jun 30, 2022 | 38.70% |
| Mar 31, 2022 | 25.78% |
| Dec 31, 2021 | 28.55% |
| Sep 30, 2021 | 22.20% |
| Jun 30, 2021 | 8.37% |