Tax
Effective Tax Rate
Devon Energy Effective Tax Rate increased by 2700.0% to $0.28 in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 33.3%, from $0.21 to $0.28. Over 2 years (FY 2021 to FY 2025), Effective Tax Rate shows a downward trend with a -71.0% CAGR.
Analysis
StatementIncome Statement
SectionTax
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026
Metric ID:
pfe_effective_tax_rate_continuingHistorical Data
18 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.14 | $0.12 | $0.09 | $0.21 | $0.22 | $0.23 | $0.18 | $0.22 | $0.14 | $0.21 | $0.18 | $0.22 | $0.01 | $0.21 | $0.21 | $0.24 | $0.01 | $0.28 |
| QoQ Change | — | -14.3% | -25.0% | +133.3% | +4.8% | +4.5% | -21.7% | +22.2% | -36.4% | +50.0% | -14.3% | +22.2% | -95.5% | >999% | +0.0% | +14.3% | -95.8% | >999% |
| YoY Change | — | — | — | — | +57.1% | +91.7% | -14.3% | +0.0% | -39.1% | +16.7% | -18.2% | +57.1% | — | +0.0% | +16.7% | +9.1% | +0.0% | +33.3% |
Range$0.01 – $0.28
CAGR+17.7%
Avg YoY Growth+16.2%
Median YoY Growth+9.1%
Effective Tax Rate at Other Companies
Frequently Asked Questions
- What is Devon Energy's effective tax rate?
- Devon Energy (DVN) reported effective tax rate of $0.28 in Q1 2026.
- How has Devon Energy's effective tax rate changed year-over-year?
- Devon Energy's effective tax rate increased by 33.3% year-over-year, from $0.21 to $0.28.
- What is the long-term trend for Devon Energy's effective tax rate?
- Over 2 years (2021 to 2025), Devon Energy's effective tax rate has grown at a -71.0% compound annual growth rate (CAGR), from $7.98 to $0.67.