What is Devon Energy's deferred taxes?

Devon Energy (DVN) reported deferred taxes of $234M in Q1 2026.

How has Devon Energy's deferred taxes changed year-over-year?

Devon Energy's deferred taxes increased by 470.7% year-over-year, from $41M to $234M.

What is the long-term trend for Devon Energy's deferred taxes?

Over 4 years (2021 to 2025), Devon Energy's deferred taxes has grown at a 77.3% compound annual growth rate (CAGR), from $49M to $484M.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

Devon Energy DVN Deferred Taxes

Deferred Taxes at other companies

Occidental PetroleumOXY

$50M+140%

EOG ResourcesEOG

$18M-59.1%

SM EnergySM

-$85M-427%

Northern Oil and GasNOG

-$171.22M-467%

Chord EnergyCHRD

-$33.13M-211%

MTD

Matador ResourcesMTDR

-$684K-101%

Other financials

Income statement

See full

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

See full

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$47.66B+124%

P/E21×+13.5×

P/S2.9×+1.6×

Profitability

See full

Gross margin63.5%—

Operating margin-76.3%—

Net margin13.7%-2.9pp

FCF margin17.7%-0.9pp

Returns & leverage

See full

Return on equity15.1%-5.8pp

Debt / equity0.6×-0.1×

Current ratio1×-0.1×

Where this comes from

Reported directly by Devon Energy in its filing.

Tagged under the XBRL concept us-gaap:DeferredIncomeTaxExpenseBenefit.

The official record: Devon Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Devon Energy's deferred taxes?: Devon Energy (DVN) reported deferred taxes of $234M in Q1 2026.
How has Devon Energy's deferred taxes changed year-over-year?: Devon Energy's deferred taxes increased by 470.7% year-over-year, from $41M to $234M.
What is the long-term trend for Devon Energy's deferred taxes?: Over 4 years (2021 to 2025), Devon Energy's deferred taxes has grown at a 77.3% compound annual growth rate (CAGR), from $49M to $484M.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.