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
DateValue
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%