Devon Energy (DVN) Payout Ratio (2010 - 2026)
Devon Energy's (DVN) Payout Ratio came in at 0.25 for Q2 2026, down 3.0% from 0.26 a year earlier and down 7.1% from the prior quarter.
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Analysis
Devon Energy (DVN) Payout Ratio (2010 - 2026) Analysis & Trends
For FY2025, Devon Energy's Payout Ratio stood at 0.23, down 28.8% from FY2024.
- Annual Payout Ratio has declined for three consecutive years.
- In prior years, Devon Energy's Payout Ratio was 0.32 in FY2024 (-34.6%), 0.50 in FY2023 (-11.7%), 0.56 in FY2022 (+20.2%) and 0.47 in FY2021.
- Quarterly Payout Ratio has run from a low of 0.23 in Q3 2025 to a high of 0.67 in Q3 2021 over five years.
- On a year-over-year basis, Payout Ratio has declined in each of the last 11 quarters, with an average decline of 27.3% over the last eight quarters.
- The strongest year-over-year quarter for Payout Ratio in the past five years was Q2 2023, with growth of 36.1%; the weakest was Q2 2022, with a decline of 75.9%.
- According to Business Quant data, Payout Ratio for the three prior quarters was 0.27 (Q1 2026), 0.23 (Q4 2025) and 0.23 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 733.04 Bn | 689.52 Bn | - |
| 2 | Chevron | 441.43 Bn | 413.55 Bn | 33.45 Bn |
| 3 | Shell | 308.13 Bn | 237.88 Bn | 30.13 Bn |
| 4 | TotalEnergies SE | 197.09 Bn | 77.68 Bn | 61.77 Bn |
| 5 | Conocophillips | 175.22 Bn | 147.93 Bn | 12.81 Bn |
| 6 | Equinor Asa | 118.55 Bn | 33.01 Bn | - |
| 7 | Phillips 66 | 112.95 Bn | 100.74 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 111.96 Bn | 108.96 Bn | 8.84 Bn |
| 9 | Suncor Energy | 94.00 Bn | 79.74 Bn | - |
| 10 | Devon Energy | 45.73 Bn | 45.73 Bn | 5.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.25 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.23 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | 0.38 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.50 |
| Sep 30, 2023 | 0.59 |
| Jun 30, 2023 | 0.62 |
| Mar 31, 2023 | 0.55 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.45 |
| Mar 31, 2022 | 0.50 |
| Dec 31, 2021 | 0.47 |
| Sep 30, 2021 | 0.67 |
API Access
Devon Energy Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "DVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();