Devon Energy

DVN · NYSE · USD

$47.16Change from previous close: +2.43%Absolute change: +$1.12

Close · October 1, 2026

Valuation

Data as of October 2, 2026

Valuation multiples

Market cap
$51.88B
Enterprise value
$62.82B
P/E (trailing 12 months)
10.3
Forward P/E
8.75
PEG
2.92
Price/book
1.30
Price/sales
2.76
EV/EBITDA
7.04
EV/revenue
3.35

Profitability and growth

Gross margin
50.3%
Operating margin
41.1%
Net margin
17.5%
ROE
11.5%
ROA
5.9%
Revenue growth (year over year)
64.2%
Earnings growth (year over year)
44.0%

Financial health

Total cash
$950M
Total debt
$11.89B
Debt/equity
0.28
Current ratio
0.72
Quick ratio
0.58

Dividends

Annual dividend per share
$1.28
Dividend yield
2.7%
Payout ratio
22.6%
Ex-dividend date
September 15, 2026

Analysts and estimates

Average price target
$60.39
Median price target
$61.50
High price target
$68.00
Low price target
$44.00
Analysts with a price target
28
Consensus
Strong buy
Forward EPS
$5.39
EPS estimate, current year
$5.40

Shares and trading

Beta
0.43
Average volume
11.39M
Shares outstanding
1.1B
Float
1.09B
Institutional ownership
94.8%
Insider ownership
0.8%
Short interest (% of float)
3.0%
Short ratio (days)
2.91