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Devon Energy DVN Other Tax Expense (Benefit)

Other financials

Income statement

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Revenue$3.8B-14.5%
Net income$120.0M-75.7%
EPS (diluted)$0.19-75.3%

Balance sheet

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Cash & equivalents$2.3B
Total debt$8.7B-3.5%
Total equity$15.4B+6.1%
Total assets$32.5B+5.2%

Cash flow

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Operating cash flow$1.7B-14.8%
CapEx$839.0M-10.2%
Free cash flow$816.0M-19.0%

Valuation

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Market cap$49.13B+123%
P/E21.7×+13.8×
P/S+1.7×

Profitability

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Gross margin63.5%
Operating margin-76.3%
Net margin13.7%-2.9pp
FCF margin17.7%-0.9pp

Returns & leverage

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Return on equity15.1%-5.8pp
Debt / equity0.6×-0.1×
Current ratio-0.1×

Questions, answered.

What does other tax expense (benefit) mean?
This captures miscellaneous tax expenses or benefits that do not fall into primary categories like current or deferred income taxes. It often includes adjustments for prior periods, state-specific taxes, or minor tax-related items.