Devon Energy DVN
NYSE DVN
$48.06 -0.74 (-1.52%)
At close: Sep 4, 2026 · 4:00 PM EDT

Devon Energy (DVN) Payout Ratio (2009 - 2026)

Devon Energy's (DVN) quarterly Payout Ratio came in at 0.22 in Q2 2026, down 3.55% year-over-year from 0.23 in Q2 2025, and down 81.74% quarter-over-quarter from 1.22 in Q1 2026.

Analysis

Devon Energy (DVN) Payout Ratio (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has reported Payout Ratio for 18 consecutive years, with 0.22 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Payout Ratio fell 3.55% year-over-year to 0.22 in Q2 2026; TTM through Jun 2026 was 0.32, a 14.28% decrease from a year earlier, with the FY2025 full-year figure at 0.36, down 17.16% from the prior year.
  • Payout Ratio was 0.22 for Q2 2026 at Devon Energy, down from 1.22 in the prior quarter.
  • Over five years, Payout Ratio peaked at 1.22 in Q1 2026 and troughed at 0.22 in Q2 2026.
  • A 5-year average of 0.54 and a median of 0.49 in 2022 frame the typical range for Payout Ratio.
  • Across the five-year window, Payout Ratio jumped 105.87% in 2023 and plunged 63.4% in 2024, its largest moves.
  • Over 5 years, Payout Ratio stood at 0.73 in 2022, then retreated by 22.55% to 0.56 in 2023, then plunged by 35.19% to 0.36 in 2024, then rose by 21.56% to 0.44 in 2025, then tumbled by 49.74% to 0.22 in 2026.
  • The last three Payout Ratio figures came in at 0.22 (Q2 2026), 1.22 (Q1 2026), and 0.44 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Conocophillips 161.33 Bn 153.64 Bn 12.81 Bn
2 Canadian Natural Resources 104.99 Bn 103.10 Bn 8.84 Bn
3 Eog Resources 76.13 Bn 71.22 Bn -
4 Diamondback Energy 55.89 Bn 61.52 Bn 5.55 Bn
5 Devon Energy 52.87 Bn 51.86 Bn 6.02 Bn
6 Expand Energy 22.67 Bn 21.40 Bn 2.33 Bn
7 Permian Resources 19.56 Bn 19.30 Bn -
8 Ovintiv 17.91 Bn 17.03 Bn 2.83 Bn
9 Apa 14.98 Bn 15.46 Bn 2.28 Bn
10 Antero Resources 12.17 Bn 11.60 Bn 1.56 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.22
Mar 31, 2026 1.22
Dec 31, 2025 0.44
Sep 30, 2025 0.33
Jun 30, 2025 0.23
Mar 31, 2025 0.63
Dec 31, 2024 0.36
Sep 30, 2024 0.43
Jun 30, 2024 0.32
Mar 31, 2024 0.67
Dec 31, 2023 0.56
Sep 30, 2023 0.42
Jun 30, 2023 0.88
Mar 31, 2023 0.71
Dec 31, 2022 0.73
Sep 30, 2022 0.53
Jun 30, 2022 0.43
Mar 31, 2022 0.67
Dec 31, 2021 0.37
Sep 30, 2021 0.39