Devon Energy Corp (DVN) Financial Statements
Industry: Crude Petroleum & Natural Gas
In fiscal 2025, Devon Energy reported revenue of $17.19B, up 7.8% from $15.94B the year before. Net income was $2.64B (a 15.4% net margin), or $4.17 per diluted share. Operating activities generated $6.71B of cash, leaving $3.12B of free cash flow. At fiscal year end, Devon Energy held $31.60B in total assets against $16.07B in total liabilities, including $1.38B of cash and equivalents.
Open the full interactive Devon Energy financials → Quarterly statements, key ratios, valuation history and price charts.
Devon Energy Key Stats
| Share Price | $50.21 |
|---|---|
| Market Cap | $47.20B |
| P/E Ratio | 12.0 |
| Revenue YoY Growth | +7.8% |
| 52-Week Range | $30.95 – $51.37 |
| Shares Outstanding | 937.0 million (basic, 2026 Q2) |
Devon Energy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $4.83B | $12.21B | $19.17B | $15.26B | $15.94B | $17.19B |
| Pre-Tax Income | -$3.09B | $2.88B | $7.78B | $4.62B | $3.71B | $3.47B |
| Income Tax | -$547.0M | $65.0M | $1.74B | $841.0M | $770.0M | $785.0M |
| Net Income | -$2.68B | $2.81B | $6.01B | $3.75B | $2.89B | $2.64B |
| Diluted EPS | -$7.12 | $4.19 | $9.12 | $5.84 | $4.56 | $4.17 |
Devon Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $4.33B | $4.12B | $3.81B | $7.42B |
| Net Income | $687.0M | $562.0M | $120.0M | $1.91B |
| Diluted EPS | $1.09 | $0.89 | $0.19 | $2.03 |
Devon Energy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.05B | $2.10B | $1.31B | $853.0M | $811.0M | $1.38B |
| Current Assets | $3.26B | $4.25B | $3.89B | $3.16B | $3.43B | $4.01B |
| Total Assets | $9.91B | $21.02B | $23.72B | $24.49B | $30.49B | $31.60B |
| Current Liabilities | $1.44B | $3.09B | $3.10B | $2.95B | $3.31B | $4.09B |
| Total Long-Term Debt | $4.30B | $6.48B | $6.44B | $6.16B | $8.88B | $8.39B |
| Total Liabilities | $7.03B | $11.76B | $12.55B | $12.43B | $15.99B | $16.07B |
| Shareholders' Equity | $2.88B | $9.26B | $11.17B | $12.06B | $14.50B | $15.53B |
Devon Energy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.46B | $4.90B | $8.53B | $6.54B | $6.60B | $6.71B |
| Cash From Investing | — | — | — | -$3.94B | -$7.33B | -$3.39B |
| Cash From Financing | — | — | — | -$3.18B | $706.0M | -$2.73B |
| Free Cash Flow | $311.0M | $2.91B | $5.99B | $2.66B | $2.96B | $3.12B |
| Dividends Paid | — | $1.31B | $3.38B | $1.86B | $937.0M | — |
Figures from Devon Energy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Devon Energy financials page for every line item.
Devon Energy Company Profile
| Ticker | DVN |
|---|---|
| Exchange | NYSE |
| Industry | Crude Petroleum & Natural Gas |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001090012 |
Frequently Asked Questions
What was Devon Energy's revenue in fiscal 2025?
Devon Energy (DVN) reported revenue of $17.19B for fiscal 2025.
What is Devon Energy's annual revenue history?
Devon Energy's annual revenue by fiscal year: 2020: $4.83B; 2021: $12.21B; 2022: $19.17B; 2023: $15.26B; 2024: $15.94B; 2025: $17.19B.
What was Devon Energy's net income in fiscal 2025?
Devon Energy reported net income of $2.64B for fiscal 2025.
What was Devon Energy's earnings per share (EPS) in fiscal 2025?
Devon Energy's diluted EPS was $4.17 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Devon Energy generate in fiscal 2025?
Devon Energy generated $3.12B of free cash flow in fiscal 2025.
What was Devon Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Devon Energy reported revenue of $7.42B.
How much debt does Devon Energy have?
Devon Energy reported $8.39B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Devon Energy are outstanding?
Devon Energy reported a weighted average of 937.0 million basic shares outstanding in 2026 Q2.
What is Devon Energy's market cap?
Based on its latest closing price, Devon Energy (DVN) has a market capitalization of about $47.20B.
When does Devon Energy's fiscal year end?
Devon Energy's fiscal year end, as registered with the SEC, is December 31.
Where is Devon Energy headquartered?
Devon Energy lists its business address in Houston, Texas in its SEC filings.