Skip to content

Devon Energy DVN Gross margin

Discontinued — last reported Q1 '20

Gross margin at other companies

Occidental Petroleum logo
Occidental PetroleumOXY
85.8%+1.8pp
Oneok logo
OneokOKE
29.6%-6.0pp
EQT Corporation logo
EQT CorporationEQT
84.9%+16.1pp
ConocoPhillips logo
ConocoPhillipsCOP
61.5%-2.2pp
Chevron logo
ChevronCVX
43.2%+2.8pp

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

See full
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-19.1%

Valuation

See full
Market cap$49.11B+28.7%
P/E21.7×+8.0×
P/S+0.7×

Profitability

See full
Operating margin-76.3%
Net margin13.7%-2.9pp

Returns & leverage

See full
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.

Based on trailing twelve months.

The official record: Devon Energy’s 10-Q, filed August 4, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.