Valuation dashboard for Devon Energy Corporation (DVN) with P/E 12.39, P/B 1.17, EV/EBITDA 7.71 and dividend yield 2.15%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Energy companies.
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
Analysis Summary
Devon Energy Corporation reported revenue of $17.19B in the most recent fiscal year, growing at a 5-year CAGR of 28.9%.
Trailing-twelve-month margins: gross margin 34.0%, operating margin 23.9%, net margin 16.7%.
At $52.15 (closing price, October 30, 2026), DVN trades at a P/E of 12.39 and an ROE of 14.90%. Market capitalisation stands at $57.4B, placing it among large-cap names.
Balance sheet quality for DVN: current ratio of 1.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 12.39 |
| Price / Book | 1.17 |
| EV / EBITDA | 7.71 |
| Dividend Yield | 2.15% |
Valuation Models
| DCF Fair Value | $93.04 |
| vs Current Price | +78.4% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| DVN | Devon Energy Corporation | $57.4B | 12.39 | 1.17 | 14.9% |
| FANG | Diamondback Energy, Inc. | $59.4B | 41.42 | 1.57 | 4.2% |
| EXE | Expand Energy Corporation | $20.9B | 7.85 | 1.08 | 14.3% |
| APA | APA Corporation | $18.5B | 11.17 | 2.66 | 26.3% |
| EOG | EOG Resources, Inc. | $86.8B | 12.88 | 2.73 | 22.4% |
| OVV | Ovintiv Inc. | $20.1B | 20.87 | 1.77 | 8.3% |
| AR | Antero Resources Corporation | $12.9B | 9.50 | 1.50 | 16.9% |
| MUR | Murphy Oil Corporation | $6.3B | 21.76 | 1.20 | 5.7% |
Price
| Price | $52.15 (closing price, October 30, 2026) |
| Market Cap | $57.4B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 14.90% |
| Return on Invested Capital | 5.61% |
| Return on Assets | 4.63% |
| Gross Margin | 34.04% |
| Operating Margin | 23.86% |
| Net Margin | 16.67% |
Related companies: FANG · EXE · APA · EOG · OVV · AR · MUR · CRK
Explore sector: Energy · Oil & Gas Exploration & Production
More sections of DVN: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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