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

Devon Energy's (DVN) quarterly Return on Invested Capital came in at 0.01% in Q1 2026, down 2.0% year-on-year from 0.01% in Q1 2025, and down 18.9% on a QoQ basis from 0.01% in Q4 2025.

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

Devon Energy (DVN) has 18 years of Return on Invested Capital data on file, last reported at 0.01% in Q1 2026.

  • On a quarterly basis, Return on Invested Capital fell 2.0% year-over-year to 0.01% in Q1 2026; TTM through Mar 2026 was 0.01%, a 2.0% decrease from a year earlier, with the FY2025 full-year figure at 0.05%, changed N/A from the prior year.
  • Return on Invested Capital for Q1 2026 stood at 0.01%, down from 0.01% in the prior quarter.
  • Over the last five years, Return on Invested Capital for DVN reached as high as 0.18% in Q4 2022 and fell as low as 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.
  • Across the five-year window, Return on Invested Capital advanced 17 bps in 2022 and fell 15 bps in 2023, its largest moves.
  • Year by year, Return on Invested Capital stood at 0.18% in 2022, then plunged by 81 bps to 0.03% in 2023, then fell by 25 bps to 0.03% in 2024, then tumbled by 58 bps to 0.01% in 2025, then declined by 19 bps to 0.01% in 2026.
  • Per Business Quant data, the three most recent Return on Invested Capital figures were 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 141.43 Bn 135.06 Bn 9.48 Bn 0.05%
2 Eog Resources 74.61 Bn 70.76 Bn - 0.04%
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 0.00%
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 0.01%
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 0.00%
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 0.02%
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 0.01%
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn -
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn 0.01%

Historic Data

Download Data
DateValue
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%
Sep 30, 2020 -0.02%