Devon Energy DVN
NYSE DVN
$49.10 -0.20 (-0.41%)
At close: Aug 21, 2026 · 4:00 PM EDT

Devon Energy (DVN) Return on Invested Capital (2009 - 2026)

Devon Energy (DVN) posted quarterly Return on Invested Capital of 0.01% for Q1 2026, down 2.0% year-over-year from 0.01% in Q1 2025, and down 18.9% quarter-over-quarter from 0.01% in Q4 2025.

Devon Energy (DVN) Return on Invested Capital (2009 - 2026) Analysis & Trends

Devon Energy (DVN) has reported Return on Invested Capital for 18 consecutive years, with 0.01% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Return on Invested Capital fell 2.0% year-over-year to 0.01%; the TTM figure through Mar 2026 stood at 0.01% (down 2.0% YoY), while the FY2025 annual figure was 0.05%, changed N/A from the prior year.
  • Return on Invested Capital retreated to 0.01% in Q1 2026 per DVN's latest filing, from 0.01% in the prior quarter.
  • Across five years, Return on Invested Capital topped out at 0.18% in Q4 2022 and bottomed at 0.01% in Q1 2026.
  • Historically, Return on Invested Capital has averaged 0.04% across 5 years, with a median of 0.03% in 2024.
  • Annual changes were most pronounced in 2022 — Return on Invested Capital grew 17 bps — and 2023, when it decreased 15 bps.
  • Devon Energy's Return on Invested Capital stood at 0.18% in 2022, then plunged by 81 bps to 0.03% in 2023, then retreated by 25 bps to 0.03% in 2024, then slumped by 58 bps to 0.01% in 2025, then slipped by 19 bps to 0.01% in 2026.
  • Business Quant data shows DVN's Return on Invested Capital at 0.01% in Q1 2026, 0.01% in Q4 2025, and 0.02% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Conocophillips 164.44 Bn 156.75 Bn 12.81 Bn 0.06%
2 Canadian Natural Resources 106.98 Bn 105.09 Bn 10.66 Bn 0.02%
3 Eog Resources 80.47 Bn 75.56 Bn - 0.14%
4 Diamondback Energy 59.28 Bn 58.82 Bn 5.55 Bn 0.00%
5 Woodside Energy 46.13 Bn 40.18 Bn 6.02 Bn -
6 Devon Energy 46.12 Bn 45.11 Bn 6.02 Bn 0.01%
7 Occidental Petroleum 39.25 Bn 35.10 Bn 7.73 Bn 0.01%
8 Eqt 33.67 Bn 33.56 Bn 1.42 Bn 0.02%
9 Texas Pacific Land 26.50 Bn 26.25 Bn - -
10 Expand Energy 22.89 Bn 21.63 Bn 2.33 Bn 0.03%

Historic Data

Download Data
DateValue
Jun 30, 2026 0.01%
Mar 31, 2026 0.01%
Dec 31, 2025 0.01%
Sep 30, 2025 0.02%
Jun 30, 2025 0.03%
Mar 31, 2025 0.03%
Dec 31, 2024 0.03%
Sep 30, 2024 0.03%
Jun 30, 2024 0.02%
Mar 31, 2024 0.03%
Dec 31, 2023 0.03%
Sep 30, 2023 0.03%
Jun 30, 2023 0.06%
Mar 31, 2023 0.11%
Dec 31, 2022 0.18%
Dec 31, 2021 0.01%
Sep 30, 2021 0.00%
Jun 30, 2021 0.01%
Mar 31, 2021 0.00%
Dec 31, 2020 -0.01%