Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
DEVON ENERGY CORP/DE (DVN) reported revenue of $17.19B and net income of $2.64B for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from DEVON ENERGY CORP/DE’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Crude Petroleum & Natural Gas.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.19B | $15.94B | $15.26B | $19.17B | $12.21B | $4.83B | $6.22B | $8.90B | $6.50B | $6.75B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $2.81B | $4.32B | $3.56B | $2.82B |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $2.94B | $3.93B |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | -$2.90B |
| Net income | $2.64B | $2.89B | $3.74B | $6.03B | $2.81B | -$2.68B | -$355.00M | $3.06B | $898.00M | -$1.06B |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 633.00M | shares 634.00M | shares 642.00M | shares 653.00M | shares 665.00M | shares 377.00M | shares 401.00M | shares 497.00M | shares 520.00M | shares 507.00M |
| Pretax income | $3.47B | $3.71B | $4.62B | $7.78B | $2.90B | -$3.09B | -$109.00M | $944.00M | $40.00M | -$433.00M |
| Income tax expense | $785.00M | $770.00M | $841.00M | $1.74B | $65.00M | -$547.00M | -$30.00M | $230.00M | $7.00M | $141.00M |
| Diluted EPS | $4.17 | $4.56 | $5.84 | $9.12 | $4.19 | $-7.12 | $-0.89 | $6.10 | $1.70 | $-2.09 |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $492.00M | $500.00M | $408.00M | $395.00M | $391.00M | $338.00M | $475.00M | $574.00M | $645.00M | $733.00M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $1.38B | $811.00M | $853.00M | $1.31B | $2.10B | $2.05B | $1.46B | $2.41B | $2.64B | $1.95B |
| Total assets | $31.60B | $30.49B | $24.49B | $23.27B | $21.02B | $9.91B | $13.72B | $19.57B | $30.24B | $28.68B |
| Current assets | $4.01B | $3.43B | $3.16B | $3.89B | $4.25B | $3.26B | $3.85B | $4.44B | $4.79B | $3.77B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $4.09B | $3.31B | $2.95B | $3.10B | $3.09B | $1.44B | $1.93B | $2.23B | $3.32B | $2.62B |
| Total equity incl. NCI | $15.53B | $14.70B | $12.22B | $11.30B | $9.40B | $3.02B | $5.92B | $9.19B | $14.10B | $12.72B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $336.00M | $294.00M | $249.00M | $201.00M | $114.00M | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $1.79B | $1.97B | $1.57B | $1.77B | $1.54B | $601.00M | $832.00M | $812.00M | $989.00M | $1.36B |
| Goodwill | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $753.00M | $841.00M | $2.38B |
| Long-term debt | $7.39B | $8.40B | $5.67B | $6.19B | $6.48B | $4.30B | $4.29B | $4.29B | $6.75B | $10.15B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $6.71B | $6.60B | $6.54B | $8.53B | $4.90B | Unavailable | Unavailable | Unavailable | $2.91B | $1.50B |
| Capital expenditures | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $31.00M | $55.00M | $44.00M | $849.00M |
| Investing cash flow | -$3.39B | -$7.33B | -$3.94B | -$5.12B | -$1.57B | Unavailable | Unavailable | Unavailable | -$2.21B | -$594.00M |
| Financing cash flow | -$2.73B | $706.00M | -$3.18B | -$4.21B | -$3.29B | Unavailable | Unavailable | Unavailable | $9.00M | -$1.20B |
| Net change in cash | $588.00M | -$29.00M | -$579.00M | -$817.00M | $34.00M | $393.00M | -$602.00M | -$238.00M | $725.00M | -$351.00M |
| Stock-based compensation | $99.00M | $99.00M | $93.00M | $88.00M | $99.00M | $88.00M | $115.00M | $137.00M | $126.00M | $203.00M |
| Common dividends paid | $319.00M | $937.00M | $1.86B | $3.38B | $1.32B | $257.00M | $140.00M | $149.00M | $127.00M | $221.00M |
| Common share repurchases | $1.05B | $1.06B | $979.00M | $718.00M | $589.00M | $38.00M | $1.85B | $2.96B | Unavailable | Unavailable |
| Depreciation & amortization | $3.60B | $3.26B | $2.55B | $2.22B | $2.16B | $1.30B | $1.50B | $1.23B | $1.01B | $1.59B |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 45.3% | 58.2% |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| SBC / revenue | 0.6% | 0.6% | 0.6% | 0.5% | 0.8% | 1.8% | 1.8% | 1.5% | 1.9% | 3.0% |
| Current ratio | 0.98x | 1.04x | 1.07x | 1.25x | 1.38x | 2.26x | 2.00x | 1.99x | 1.45x | 1.44x |
| Revenue YoY growth | 7.8% | 4.5% | -20.4% | 57.0% | 152.8% | -22.4% | -30.1% | 36.8% | -3.7% | Unavailable |
| Net margin | 15.4% | Unavailable | Unavailable | Unavailable | 23.0% | -55.5% | -5.7% | 34.4% | 13.8% | -15.6% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 0.7% | 12.6% |
| Long-term debt / equity | 0.48x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 22.6% | 20.7% | 18.2% | 22.4% | 2.2% | Unavailable | Unavailable | 24.4% | 17.5% | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open DVN in the interactive workspace to inspect any figure back to its filing.
Source filings
Reconciliation checks needing review
2 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.