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Discontinued — last reported Q1 '26

EBIT at other companies

SM Energy logo
SM EnergySM
-$298M-208%
EPM
Evolution PetroleumEPM
-$558K-135%
Northern Oil and Gas logo
Northern Oil and GasNOG
-$654.88M-386%
SandRidge Energy logo
SandRidge EnergySD
$17.86M+46.5%
Occidental Petroleum logo
Occidental PetroleumOXY
EOG Resources logo
EOG ResourcesEOG

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$52.05B+154%
P/E23×+15.7×
P/S3.2×+2.0×

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×

Where this comes from

Calculated from Devon Energy’s reported figures.

The source filing: Devon Energy’s 10-Q, filed May 6, 2026. Open the filing →

Filed
May 6, 2026, 12:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-208143

FAQ

What is Devon Energy's EBIT?
Devon Energy (DVN) reported EBIT of $166M in Q1 2026.
How has Devon Energy's EBIT changed year-over-year?
Devon Energy's EBIT decreased by 74.4% year-over-year, from $647.25M to $166M.
What is the long-term trend for Devon Energy's EBIT?
Over 4 years (2021 to 2025), Devon Energy's EBIT has grown at a 4.5% compound annual growth rate (CAGR), from $2.91B to $3.47B.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.

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