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Devon Energy DVN Free cash flow

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Other financials

Income statement

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Revenue$7.4B+73.1%
Net income$1.9B+113%
EPS (diluted)$2.03+44.0%

Balance sheet

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Cash & equivalents$2.3B
Total debt$11.9B+31.2%
Total equity$41.7B+177%
Total assets$70.9B+126%

Cash flow

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Operating cash flow$3.7B+138%
CapEx$1.3B+37.9%

Valuation

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Market cap$51.51B+128%
P/E15.7×+7.8×
P/S2.6×+1.3×

Profitability

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Gross margin63.5%
Operating margin-76.3%
Net margin16.7%+0.1pp
FCF margin23.9%+5.7pp

Returns & leverage

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Return on equity11.5%-9.1pp
Debt / equity0.3×-0.3×
Current ratio0.7×-0.5×

Where this comes from

Calculated from Devon Energy’s reported figures.

The source filing: Devon Energy’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 12:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-334340

FAQ

What is Devon Energy's free cash flow?
Devon Energy (DVN) reported free cash flow of $2.36B in Q2 2026.
How has Devon Energy's free cash flow changed year-over-year?
Devon Energy's free cash flow increased by 300.0% year-over-year, from $589M to $2.36B.
What is the long-term trend for Devon Energy's free cash flow?
Over 4 years (2021 to 2025), Devon Energy's free cash flow has grown at a 1.7% compound annual growth rate (CAGR), from $2.91B to $3.12B.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.

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