What are Devon Energy's profit margins?

Devon Energy (DVN) runs a 63.5% gross margin and a -76.3% operating margin, with a 13.7% net margin.

Where do Devon Energy's ratios come from?

Every ratio is computed from Devon Energy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Devon Energy DVN Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Net margin	13.7%-2.9pp	15.4%-2.8pp	15.6%-6.1pp	16.6%-6.0pp	16.6%-5.6pp
EBITDA margin	39.8%-2.2pp	41.1%-2.7pp	41.5%-4.8pp	42.6%-3.3pp	42%-3.6pp
Free cash flow margin	17.7%-0.9pp	18.1%-0.4pp	18.1%-1.4pp	18.2%-1.8pp	18.6%-0.3pp
Returns
Return on equity	15.1%-5.8pp	17.6%-4.2pp	18.4%-7.8pp	20.6%-9.0pp	20.9%-8.0pp
Return on assets	7.1%-2.8pp	8.5%-2.0pp	8.9%-3.6pp	10.1%-4.3pp	10%-3.8pp
Return on invested capital	9.6%-3.9pp	11.2%-2.8pp	11.7%-4.9pp	13.5%-5.8pp	13.5%-5.2pp
Efficiency
Asset turnover	0.5×-0.1×	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Liquidity
Current ratio	1×-0.1×	1×-0.1×	1×-0.2×	1.2×+0.1×	1.1×0.0×
Quick ratio	0.9×0.0×	0.9×0.0×	0.9×-0.1×	1.1×+0.1×	1×0.0×
Leverage
Debt-to-equity	0.6×-0.1×	0.6×-0.1×	0.6×-0.1×	0.6×+0.1×	0.6×+0.1×
Debt-to-assets	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Net debt / EBITDA	1.3×0.0×	1.2×-0.1×	1.2×-0.1×	1.2×+0.3×	1.3×+0.3×
Per Share
Book value per share	$24.96+10.7%	$24.53+7.3%	$24.40+6.5%	$23.68+18.5%	$22.55+17.1%
Valuation
Market capitalization	$31.21B+28.7%	$22.98B+6.9%	$22.26B-9.1%	$20.77B-30.7%	$24.26B-23.9%
Enterprise value	$39.91B+20.0%	$31.67B+3.0%	$30.89B-8.5%	$29.83B-18.2%	$33.26B-13.3%
Price / earnings	13.8×+5.1×	8.7×+1.3×	8.2×+1.0×	7.3×-1.3×	8.7×-0.8×
Price / sales	1.9×+0.4×	1.3×0.0×	1.3×-0.3×	1.2×-0.7×	1.4×-0.7×
Price / book	2×+0.4×	1.5×0.0×	1.4×-0.3×	1.4×-1.0×	1.7×-1.0×
EV / EBITDA	6.1×+1.3×	4.5×+0.1×	4.3×-0.4×	4.1×-1.0×	4.7×-0.9×
EV / sales	2.4×+0.4×	1.8×-0.1×	1.8×-0.4×	1.7×-0.6×	2×-0.6×
Free cash flow yield	9.4%-3.5pp	13.6%-0.2pp	14.2%+1.7pp	15%+4.7pp	12.9%+3.9pp
Earnings yield	7.3%-4.2pp	11.5%-2.0pp	12.2%-1.6pp	13.7%+2.0pp	11.5%+1.0pp

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Questions, answered.

What are Devon Energy's profit margins?: Devon Energy (DVN) runs a 63.5% gross margin and a -76.3% operating margin, with a 13.7% net margin.
Where do Devon Energy's ratios come from?: Every ratio is computed from Devon Energy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.