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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |