Devon Energy Long-Term Debt decreased by 0.1% to $7.39B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 12.0%, from $8.40B to $7.39B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 11.5% CAGR.
An increase indicates higher financial leverage, which can amplify returns on equity but also increases interest expense and financial risk.
Loans and financial obligations with a maturity period exceeding one year, typically consisting of corporate bonds and n...
Capital-intensive firms or those with aggressive share buyback programs often carry higher long-term debt than asset-light competitors.
long_term_debt| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $6.50B | $6.49B | $6.48B | $6.47B | $6.46B | $6.20B | $6.19B | $6.18B | $6.17B | $5.68B | $5.67B | $5.67B | $5.67B | $8.88B | $8.40B | $8.40B | $8.39B | $7.39B | $7.39B | $7.39B |
| QoQ Change | — | -0.2% | -0.2% | -0.2% | -0.2% | -4.1% | -0.1% | -0.2% | -0.1% | -8.0% | -0.1% | -0.1% | -0.1% | +56.8% | -5.5% | -0.0% | -0.0% | -11.9% | -0.0% | -0.1% |
| YoY Change | — | — | — | — | -0.6% | -4.6% | -4.5% | -4.6% | -4.5% | -8.4% | -8.4% | -8.2% | -8.2% | +56.5% | +48.1% | +48.1% | +48.2% | -16.8% | -12.0% | -12.0% |