Devon Energy (DVN) Return on Assets [ROA] (2009 - 2026)
Devon Energy's Return on Assets [ROA] was 6.35% in Q2 2026, down 2.97 percentage points from 9.32% a year earlier and down 0.79 percentage points from the prior quarter.
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Analysis
Devon Energy (DVN) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Devon Energy came in at 8.64%, down 2.07 percentage points from FY2024.
- Return on Assets [ROA] has now declined for three consecutive years, though with a five-year change of +31.24 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 10.70% in FY2024 (-5.13 pp), 15.84% in FY2023 (-11.42 pp), 27.26% in FY2022 (+8.94 pp) and 18.31% in FY2021 (+40.92 pp).
- The Q2 2026 figure marks the lowest quarterly Return on Assets [ROA] since Q3 2021.
- Compared with a year earlier, Return on Assets [ROA] has declined for 13 straight quarters, with an average year-over-year change of -3.57 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q4 2021 (a gain of 39.86 percentage points); the worst was Q1 2024 (a drop of 12.20 percentage points).
- Per Business Quant data, DVN's Return on Assets [ROA] in the three quarters before Q2 2026 was 7.15% (Q1 2026), 8.54% (Q4 2025) and 8.85% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 741.55 Bn | 698.03 Bn | - | 7.26% |
| 2 | Chevron | 445.98 Bn | 418.10 Bn | 33.45 Bn | 6.36% |
| 3 | Shell | 311.46 Bn | 241.21 Bn | 30.13 Bn | 4.70% |
| 4 | TotalEnergies SE | 199.07 Bn | 79.65 Bn | 61.77 Bn | 3.63% |
| 5 | Conocophillips | 177.07 Bn | 149.78 Bn | 12.81 Bn | 7.52% |
| 6 | Equinor Asa | 120.07 Bn | 34.52 Bn | - | 658.73% |
| 7 | Phillips 66 | 113.83 Bn | 101.62 Bn | 8.38 Bn | 8.67% |
| 8 | Canadian Natural Resources | 112.90 Bn | 109.91 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 94.39 Bn | 80.14 Bn | - | 14.59% |
| 10 | Devon Energy | 46.11 Bn | 46.11 Bn | 5.54 Bn | 6.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.35% |
| Mar 31, 2026 | 7.15% |
| Dec 31, 2025 | 8.54% |
| Sep 30, 2025 | 8.85% |
| Jun 30, 2025 | 9.32% |
| Mar 31, 2025 | 9.25% |
| Dec 31, 2024 | 9.69% |
| Sep 30, 2024 | 12.45% |
| Jun 30, 2024 | 14.14% |
| Mar 31, 2024 | 13.70% |
| Dec 31, 2023 | 15.52% |
| Sep 30, 2023 | 16.07% |
| Jun 30, 2023 | 20.55% |
| Mar 31, 2023 | 25.89% |
| Dec 31, 2022 | 25.78% |
| Sep 30, 2022 | 27.14% |
| Jun 30, 2022 | 23.52% |
| Mar 31, 2022 | 16.88% |
| Dec 31, 2021 | 13.46% |
| Sep 30, 2021 | 5.95% |
API Access
Devon Energy Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();