Devon Energy DVN Return on invested capital
Return on invested capital at other companies
Other financials
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 May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Devon Energy's return on invested capital?
- Devon Energy (DVN) reported return on invested capital of 9.6% in Q1 2026.
- How has Devon Energy's return on invested capital changed year-over-year?
- Devon Energy's return on invested capital decreased by 28.8% year-over-year, from 13.5% to 9.6%.
- What is the long-term trend for Devon Energy's return on invested capital?
- Over 4 years (2021 to 2025), Devon Energy's return on invested capital has grown at a 14.7% compound annual growth rate (CAGR), from 28.9% to 49.9%.
- What does return on invested capital mean?
- The after-tax return the business earns on all the capital — debt and equity — invested in it.
- How do you interpret return on invested capital?
- The cleanest measure of business quality: ROIC sustained above the cost of capital creates value, below it destroys value. Compare against WACC, not against zero.
- How does return on invested capital compare across companies?
- Highly comparable across companies as a quality screen. Sector-sensitive definitions of invested capital mean banks/insurers are best excluded.