Devon Energy (DVN) Operating Leases (2019 - 2026)
Devon Energy (DVN) posted quarterly Operating Leases of $206.0 million for Q1 2026, up 167.53% year-over-year from $77.0 million in Q1 2025, and up 4.57% quarter-over-quarter from $197.0 million in Q4 2025.
Devon Energy (DVN) Operating Leases (2019 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Operating Leases for 8 consecutive years, with $206.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases rose 167.53% year-over-year to $206.0 million; the TTM figure through Mar 2026 stood at $206.0 million (up 167.53% YoY), while the FY2025 annual figure was $197.0 million, down 38.44% from the prior year.
- Operating Leases improved to $206.0 million in Q1 2026 per DVN's latest filing, from $197.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $328.0 million in Q3 2024 and bottomed at $77.0 million in Q1 2025.
- Historically, Operating Leases has averaged $245.9 million across 5 years, with a median of $259.0 million in 2022.
- Annual changes were most pronounced in 2025 — Operating Leases plunged 74.42% — and 2026, when it soared 167.53%.
- Devon Energy's Operating Leases stood at $257.0 million in 2022, then advanced by 14.79% to $295.0 million in 2023, then increased by 8.47% to $320.0 million in 2024, then slumped by 38.44% to $197.0 million in 2025, then climbed by 4.57% to $206.0 million in 2026.
- Business Quant data shows DVN's Operating Leases at $206.0 million in Q1 2026, $197.0 million in Q4 2025, and $158.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - |
| 10 | Expand Energy | 22.90 Bn | 21.63 Bn | 2.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 356.00 Mn |
| Mar 31, 2026 | 206.00 Mn |
| Dec 31, 2025 | 197.00 Mn |
| Sep 30, 2025 | 158.00 Mn |
| Jun 30, 2025 | 113.00 Mn |
| Mar 31, 2025 | 77.00 Mn |
| Dec 31, 2024 | 320.00 Mn |
| Sep 30, 2024 | 328.00 Mn |
| Jun 30, 2024 | 315.00 Mn |
| Mar 31, 2024 | 301.00 Mn |
| Dec 31, 2023 | 295.00 Mn |
| Sep 30, 2023 | 290.00 Mn |
| Jun 30, 2023 | 299.00 Mn |
| Mar 31, 2023 | 256.00 Mn |
| Dec 31, 2022 | 257.00 Mn |
| Sep 30, 2022 | 259.00 Mn |
| Jun 30, 2022 | 259.00 Mn |
| Mar 31, 2022 | 251.00 Mn |
| Dec 31, 2021 | 252.00 Mn |
| Sep 30, 2021 | 256.00 Mn |