Devon Energy (DVN) Return on Capital Employed (2009 - 2026)
Devon Energy (DVN) reported Return on Capital Employed of 0.21% for Q1 2026, up 1378.0% year-over-year from 0.01% in Q1 2025, and up 169.85% quarter-over-quarter from 0.3% in Q4 2025.
Devon Energy (DVN) Return on Capital Employed (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has 18 years of Return on Capital Employed data on file, last reported at 0.21% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 0.21%, up 1378.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.21% (up 1378.0% YoY), and the FY2025 annual result was 2.7%, down 53.0% from the prior year.
- Return on Capital Employed rose to 0.21% in Q1 2026 per DVN's latest filing, from 0.3% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 28.17% in Q3 2022 and troughed at 13.57% in Q1 2025.
- A 5-year average of 6.36% and a median of 5.53% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2024: Return on Capital Employed surged 3365 bps in 2022, then plunged 2202 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 26.91% in 2022, then plunged by 72 bps to 7.56% in 2023, then plunged by 271 bps to 12.89% in 2024, then jumped by 98 bps to 0.3% in 2025, then surged by 170 bps to 0.21% in 2026.
- Business Quant data shows DVN's Return on Capital Employed at 0.21% in Q1 2026, 0.3% in Q4 2025, and 0.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 13.66% |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 22.41% |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 15.04% |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 19.02% |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | -0.44% |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 23.41% |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 12.16% |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 34,022.25% |
| 10 | Devon Energy | 27.08 Bn | 27.08 Bn | 3.61 Bn | 0.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.21% |
| Dec 31, 2025 | -0.30% |
| Sep 30, 2025 | -0.04% |
| Jun 30, 2025 | -13.19% |
| Mar 31, 2025 | -13.57% |
| Dec 31, 2024 | -12.89% |
| Sep 30, 2024 | -12.03% |
| Jun 30, 2024 | 5.53% |
| Mar 31, 2024 | 5.45% |
| Dec 31, 2023 | 7.56% |
| Sep 30, 2023 | 9.99% |
| Jun 30, 2023 | 14.57% |
| Mar 31, 2023 | 22.56% |
| Dec 31, 2022 | 26.91% |
| Sep 30, 2022 | 28.17% |
| Jun 30, 2022 | 24.67% |
| Mar 31, 2022 | 14.52% |
| Dec 31, 2021 | 4.15% |
| Sep 30, 2021 | -3.93% |
| Jun 30, 2021 | -8.98% |