Non-Current Assets

PP&E (Net)

Devon Energy PP&E (Net) increased by 0.7% to $25.60B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 2.1%, from $25.08B to $25.60B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 36.4% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026

How to read this metric

An increase indicates investment in future capacity or infrastructure, while a decrease suggests asset aging or a shift toward an asset-light model.

Detailed definition

The book value of long-term physical assets such as manufacturing facilities, data centers, and retail stores, net of ac...

Peer comparison

Varies significantly based on whether a company owns its manufacturing plants or outsources production to third-party partners.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$15.19B$15.08B$15.01B$15.07B$15.11B$17.79B$18.11B$18.52B$18.76B$19.03B$19.33B$19.58B$19.79B$24.95B$25.01B$25.08B$25.12B$25.29B$25.42B$25.60B
QoQ Change-0.7%-0.5%+0.4%+0.3%+17.7%+1.8%+2.3%+1.3%+1.4%+1.6%+1.3%+1.0%+26.1%+0.2%+0.3%+0.1%+0.7%+0.5%+0.7%
YoY Change-0.5%+18.0%+20.6%+22.8%+24.2%+7.0%+6.7%+5.8%+5.4%+31.1%+29.4%+28.1%+26.9%+1.4%+1.6%+2.1%
Range$15.01B$25.60B
CAGR+11.6%
Avg YoY Growth+14.4%
Median YoY Growth+12.5%
Current Streak17 quarters growth

Frequently Asked Questions

What is Devon Energy's pp&e (net)?
Devon Energy (DVN) reported pp&e (net) of $25.60B in Q1 2026.
How has Devon Energy's pp&e (net) changed year-over-year?
Devon Energy's pp&e (net) increased by 2.1% year-over-year, from $25.08B to $25.60B.
What is the long-term trend for Devon Energy's pp&e (net)?
Over 5 years (2020 to 2025), Devon Energy's pp&e (net) has grown at a 36.4% compound annual growth rate (CAGR), from $5.39B to $25.42B.
What does pp&e (net) mean?
The value of the company's physical buildings, machinery, and equipment after accounting for wear and tear.