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| Date | Value |
|---|---|
| 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% |