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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Net margin	61.2%-17.7pp	64.1%-20.4pp	66.9%-24.0pp	73%-21.0pp	79%-20.7pp
EBITDA margin	164.9%-13.1pp	167.2%-14.4pp	169.9%-15.0pp	174.7%-11.2pp	178%-12.6pp
Free cash flow margin	72.1%-4.4pp	73%-3.9pp	73.4%-2.4pp	74.7%-0.7pp	76.5%+0.1pp
Returns
Return on equity	71.7%-26.8pp	77.5%-29.0pp	81.7%-35.2pp	89.5%-35.1pp	98.5%-41.8pp
Return on assets	34.6%-12.8pp	37.4%-13.8pp	39.4%-16.9pp	43%-16.8pp	47.4%-18.6pp
Return on invested capital	46%-17.5pp	49.9%-18.8pp	52.7%-22.8pp	57.6%-22.7pp	63.5%-25.4pp
Efficiency
Asset turnover	2.3×-0.1×	2.3×-0.1×	2.4×-0.1×	2.4×-0.2×	2.4×-0.2×
Liquidity
Current ratio	4.2×-0.2×	4.2×-0.1×	4.3×0.0×	4.4×+0.3×	4.3×+0.3×
Quick ratio	3.8×-0.1×	3.9×-0.1×	3.9×-0.1×	4.1×+0.2×	4×+0.2×
Leverage
Debt-to-equity	2.3×-0.1×	2.3×0.0×	2.4×+0.2×	2.5×+0.4×	2.4×+0.2×
Debt-to-assets	1.1×-0.1×	1.1×0.0×	1.2×+0.1×	1.2×+0.1×	1.2×+0.1×
Net debt / EBITDA	5×+0.2×	4.9×+0.5×	5×+1.0×	5.1×+1.5×	4.8×+1.3×
Per Share
Book value per share	$97.58+10.5%	$95.16+11.9%	$93.50+15.5%	$92.01+20.7%	$88.32+20.2%
Valuation
Market capitalization	$97.22B-3.0%	$90.26B-16.3%	$88.78B-23.0%	$91.03B-25.0%	$100.21B-18.2%
Enterprise value	$132.3B-1.4%	$125.66B-9.8%	$124.75B-13.4%	$127.62B-13.4%	$134.24B-9.7%
Price / earnings	37.9×+6.0×	32.9×+0.1×	31.6×-1.5×	30.6×-3.3×	31.9×+0.1×
Price / sales	5.7×-0.6×	5.3×-1.7×	5.3×-2.2×	5.6×-2.4×	6.3×-1.5×
Price / book	6.3×-0.9×	6×-2.2×	6×-3.1×	6.2×-3.8×	7.3×-3.2×
EV / EBITDA	18.9×0.0×	17.5×-2.2×	17.5×-2.9×	17.9×-2.9×	18.9×-1.1×
EV / sales	7.8×-0.7×	7.3×-1.7×	7.4×-2.0×	7.8×-1.8×	8.4×-1.1×
Free cash flow yield	52.2%+2.8pp	55.6%+10.2pp	55.8%+14.9pp	54.1%+16.0pp	49.4%+10.2pp
Earnings yield	44.7%-5.8pp	48.9%-0.5pp	50.9%+2.0pp	52.5%+5.0pp	50.5%-0.8pp

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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.