Valuation, from the filing
| Public float | $20.20B | Market value of stock held by non-affiliates, as stated on the cover page for 2025-06-30 |
|---|---|---|
| Float per share | $32.53 | Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself. |
| Float / net income | 7.6× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / revenue | 1.2× | A lower bound on the multiple, because affiliate holdings are excluded. |
| Float / equity | 1.3× | A lower bound on the multiple, because affiliate holdings are excluded. |
Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.
Valuation over time
7.6× earnings today, against a median of 7.6× across 7 years on record. In line with its own history.
| Float measured | Public float | Float / net income | |
|---|---|---|---|
| 2025-06-30 | $20.20B | 7.6× | |
| 2024-06-30 | $29.50B | 10.2× | |
| 2023-06-30 | $30.80B | 8.2× | |
| 2022-06-30 | $35.90B | 6.0× | |
| 2021-06-30 | $19.60B | 7.0× | |
| 2018-06-29 | $22.50B | 7.3× | |
| 2017-06-30 | $16.70B | 18.6× |
Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.
How this compares in its industry
Percentile among the Crude Petroleum & Natural Gas filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.
| Measure | Reported | Percentile | |
|---|---|---|---|
| SBC / revenue | 0.6% | 21th | |
| Net margin | 15.4% | 69th | |
| Current ratio | 0.98x | 58th | |
| Revenue YoY growth | 7.8% | 57th | |
| Long-term debt / equity | 0.48x | 57th | |
| Effective tax rate | 22.6% | 57th |
DEVON ENERGY CORP/DE (DVN) reported revenue of $19.49B and net income of $3.28B for the fiscal year ended 2026-06-30. This page shows 1 annual period 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 | 2026-06-30 |
|---|---|
| Revenue | $19.49B |
| Cost of revenue | Unavailable |
| Gross profit | Unavailable |
| Operating income | Unavailable |
| Net income | $3.28B |
| Research & development | Unavailable |
| Weighted-average diluted shares | Unavailable |
| Pretax income | $4.21B |
| Income tax expense | $923.00M |
| Diluted EPS | Unavailable |
| Selling, general & administrative | Unavailable |
| General & administrative | $549.00M |
| Selling & marketing | Unavailable |
Balance
| Metric | 2026-06-30 |
|---|---|
| Cash & equivalents | $950.00M |
| Total assets | $70.89B |
| Current assets | $5.05B |
| Total liabilities | Unavailable |
| Current liabilities | $7.04B |
| Total equity incl. NCI | $41.75B |
| Temporary (mezzanine) equity | Unavailable |
| Inventory | $356.00M |
| Accounts receivable | $3.16B |
| Goodwill | $753.00M |
| Long-term debt | $9.89B |
| Accounts payable | Unavailable |
Cash flow
| Metric | 2026-06-30 |
|---|---|
| Operating cash flow | $8.55B |
| Capital expenditures | Unavailable |
| Investing cash flow | -$6.39B |
| Financing cash flow | -$2.92B |
| Net change in cash | -$750.00M |
| Stock-based compensation | $139.00M |
| Common dividends paid | $521.00M |
| Common share repurchases | $766.00M |
| Depreciation & amortization | $4.09B |
Derived
| Metric | 2026-06-30 |
|---|---|
| Free cash flow | Unavailable |
| Gross margin | Unavailable |
| Operating margin | Unavailable |
| FCF margin | Unavailable |
| SBC / revenue | 0.7% |
| Current ratio | 0.72x |
| Revenue YoY growth | 13.6% |
| Net margin | 16.8% |
| R&D / revenue | Unavailable |
| CapEx / revenue | Unavailable |
| Long-term debt / equity | 0.24x |
| Effective tax rate | 21.9% |
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
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.