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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›DVN›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

DEVON ENERGY CORP/DE (DVN) financials

Income statement

DEVON ENERGY CORP/DE (DVN) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$2.77B$3.51B$8.44B$6.67B$4.67B$13.8B$19.8B$15.1B$15.9B$16.8B
Revenue growth—26.7%140.2%-20.9%-30.0%194.2%44.2%-23.6%5.1%5.4%
Operating income-$2.90B—————————
Operating margin-104.4%—————————
Net income-$1.06B$898M$3.06B-$355M-$2.68B$2.81B$6.01B$3.75B$2.89B$2.64B
Net margin-38.1%25.6%36.3%-5.3%-57.4%20.5%30.3%24.7%18.2%15.7%
EPS (diluted)-$2.09$1.70$6.10-$0.89-$7.12$4.19$9.12$5.84$4.56$4.17

Cash flow

DEVON ENERGY CORP/DE (DVN) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$1.50B$2.91B$1.58B$2.04B$1.46B$4.90B$8.53B$6.54B$6.60B$6.71B
Capital expenditures$1.38B$1.61B$2.12B$1.91B$1.15B$1.99B$2.54B$3.88B$3.65B$3.59B
Free cash flow$116M$1.29B-$533M$133M$311M$2.91B$5.99B$2.66B$2.96B$3.12B
Share buybacks——$2.96B$1.85B$38.0M$589M$718M$979M$1.06B$1.05B
Dividends paid———$140M$257M$1.31B$3.38B$1.86B$937M—

Balance sheet

DEVON ENERGY CORP/DE (DVN) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$1.95B$2.64B$2.41B$1.46B$2.05B$2.10B$1.31B$853M$811M$1.38B
Total assets$28.7B$30.2B$19.6B$13.7B$9.91B$21.0B$23.3B$24.5B$30.5B$31.6B
Long-term debt$10.2B$6.75B$4.29B$4.29B$4.30B$6.48B$6.19B$5.67B$8.40B$7.39B
Shareholders' equity$8.27B$9.25B$9.19B$5.80B$2.88B$9.26B$11.2B$12.1B$14.5B$15.5B
Retained earnings-$69.0M$702M$3.65B$3.15B$208M$1.69B$4.30B$6.20B$8.17B$10.2B
Shares (wtd avg diluted)507M520M497M401M377M665M653M642M634M633M

Every figure is extracted from DEVON ENERGY CORP/DE’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is DEVON ENERGY CORP/DE's annual revenue?
DEVON ENERGY CORP/DE (DVN) reported $16.8B of revenue for fiscal year 2025 — up 5.4% from $15.9B in FY2024, per its annual report filed with the SEC.
Is DEVON ENERGY CORP/DE profitable?
Yes — DVN earned $2.64B of net income in FY2025, a 15.7% net margin, per SEC filings.
What is DEVON ENERGY CORP/DE's free cash flow?
$3.12B in FY2025 (operating cash flow $6.71B minus $3.59B of capital expenditures), from the SEC cash-flow statement.
Does DVN pay a dividend?
DEVON ENERGY CORP/DE reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full DVN analysis — verdict, score & filings →Is DVN a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.