Devon Energy Corporation (DVN) quarterly cash flow statement — complete operating, investing & financing history
Devon Energy Corporation (DVN) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | 2.81B | 3.67B | 1.66B | 1.53B | 1.69B | 1.54B | 1.94B | 1.66B | 1.66B | 1.55B | 1.74B | 1.75B | 1.73B | 1.41B | 1.68B | 1.91B | 2.1B | 2.68B | 1.84B | 1.62B |
| Operating CF Margin % | 40.93% | 49.53% | 43.47% | 37.22% | 39.02% | 36.06% | 43.62% | 37.79% | 41.33% | 39.47% | 48.33% | 42.1% | 42.69% | 40.22% | 44.61% | 43.91% | 40.59% | 42.73% | 37.96% | 38.01% |
| Operating CF Growth % | 66.15% | 137.8% | -14.78% | -7.81% | 1.62% | -0.06% | 11.74% | -4.64% | -3.59% | 10.04% | 3.64% | -8.69% | -18.01% | -47.54% | -8.71% | 18.25% | 31.66% | 145.01% | 210.3% | 328.65% |
| Net Income | 1.01B | 1.91B | 120M | 562M | 687M | 899M | 509M | 653M | 812M | 844M | 596M | 1.15B | 920M | 698M | 1B | 1.2B | 1.9B | 1.94B | 995M | 1.51B |
| Depreciation & Amortization | 1.68B | 1.42B | 904M | 890M | 879M | 914M | 912M | 971M | 794M | 768M | 722M | 650M | 651K | 638K | 615M | 1.7B | 581K | 528M | 489M | 2.16B |
| Stock-Based Compensation | 51M | 71M | 22M | 22M | 24M | 23M | 30M | 24M | 24M | 27M | 24M | 23M | 22M | 25M | 23M | 23M | 22M | 23M | 20M | 19M |
| Deferred Taxes | -32M | 95M | 234M | 162M | 263M | 18M | 41M | 68M | 164M | 39M | 40M | 164M | 13M | 119M | 80M | 265M | 445M | 305M | 164M | 149M |
| Other Non-Cash Items | 97M | -743M | 674M | -64M | -101M | -443M | 333M | 150M | -147M | 69M | 186M | -289M | 830.35M | 702.36M | -56M | -1.23B | -28.58M | -314M | 312M | -2.15B |
| Working Capital Changes | 0 | 924M | -299M | -38M | -62M | 134M | 117M | -202M | 16M | -201M | 170M | 45M | -61M | -140M | 12M | -46M | -235M | 198M | -143M | -74M |
| Change in Receivables | 0 | 197M | -462M | 43M | 20M | 183M | -63M | -196M | 41M | 81M | -96M | 277M | -334M | 98M | 150M | 297M | 364M | -346M | -457M | 163M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33M | 0 | 322M | 313M | 0 | 0 | 424M |
| Change in Payables | 0 | 267M | 0 | 0 | 0 | -162M | 0 | -153M | -64M | 42M | 143M | -299M | 194M | -65M | 0 | -322M | -313M | 540M | 247M | -71M |
| Cash from Investing | -1.86B | -3.38B | -1.02B | -970M | -1.02B | -597M | -802M | -1.04B | -4.35B | -1.02B | -920M | -899M | -897M | -1.1B | -1.03B | -829M | -3.1B | -670M | -526M | -518M |
| Capital Expenditures | -1.46B | -4.05B | -190M | -101M | -870M | -956M | -8M | -116M | -877K | -1.03B | -902M | -920M | -905M | -1.1B | -13M | -821M | -3.09B | -673M | -538M | -515M |
| CapEx % of Revenue | 21.34% | 54.56% | 4.99% | 2.45% | 20.09% | 22.32% | 0.18% | 2.63% | 0.02% | 26.3% | 25.08% | 22.2% | 22.4% | 31.41% | 0.35% | 18.86% | 59.66% | 10.74% | 11.12% | 12.11% |
| Acquisitions | 0 | 581M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13M | 29M | 22M | 11M | -15M | 0 | 43M | 4M | -21M | -22M | -25M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -304M | 0 | -828M | -819M | -152M | 367M | -792M | -887M | -4.32B | 0 | 0 | -1M | -3M | 1.08B | -983M | -73M | 11M | 45M | 34M | 534M |
| Cash from Financing | -1.54B | -1.11B | -254M | -407M | -1.15B | -424M | -752M | -450M | 2.19B | -507M | -541M | -735M | -553M | -704M | -1.21B | -940M | -1.14B | -1.17B | -959M | -1.15B |
| Debt Issued (Net) | 0 | -500M | -3M | -8M | -485M | 0 | -274M | -2.75B | 2.75B | 0 | 0 | 0 | -242M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 0 | -197M | -69M | -250M | -250M | -249M | -301M | -301M | -295M | -256M | -205M | -234M | 0 | -228M | -517M | -57M | -126M | -324M | -211M | -589M |
| Dividends Paid | -366M | -366M | -155M | -149M | -151M | -156M | -163M | -143M | -272M | -223M | -299M | -488M | -312M | -462M | -596M | -875M | -1.01B | -830M | -667M | -554M |
| Share Repurchases | -414M | -197M | -69M | -250M | -250M | -249M | -301M | -301M | -295M | -256M | -205M | -234M | 0 | -228M | -517M | -57M | -126M | -324M | -211M | -589M |
| Other Financing | -1.18B | -46M | -27M | 0 | -261M | -19M | -14M | 2.74B | 12M | -28M | -37M | -13M | 1M | -14M | -98M | -8M | -10M | -17M | -81M | -6M |
| Net Change in Cash | -596M | -806M | 381M | 156M | -481M | 525M | 388M | 170M | -493M | 20M | 274M | 114M | 273M | -399M | -567M | 144M | -2.15B | 832M | 354M | -50M |
| Free Cash Flow | 1.34B | -373M | 626M | 601M | 820M | 589M | 1B | 622M | -2.82B | 516M | 836M | 825M | 820M | 308M | 652M | 1.09B | -989M | 2B | 1.3B | 1.1B |
| FCF Margin % | 19.59% | -5.03% | 16.44% | 14.58% | 18.93% | 13.75% | 22.46% | 14.13% | -69.98% | 13.17% | 23.25% | 19.9% | 20.29% | 8.82% | 17.34% | 25.05% | -19.08% | 31.99% | 26.84% | 25.9% |
| FCF Growth % | 63.9% | -163.33% | -37.4% | -3.38% | 129.12% | 14.15% | 19.62% | -24.61% | -443.41% | 67.53% | 28.22% | -24.31% | 182.91% | -84.64% | -49.81% | -1% | -188.78% | 243.32% | 1296.77% | 601.27% |
| FCF per Share | 1.43 | -0.40 | 1.01 | 0.97 | 1.29 | 0.93 | 1.55 | 1.00 | -4.52 | 0.82 | 1.32 | 1.29 | 1.28 | 0.48 | 1.01 | 1.66 | -1.51 | 3.04 | 1.95 | 1.64 |
| FCF Conversion (FCF/Net Income) | 2.79x | 1.92x | 13.79x | 2.73x | 2.46x | 1.72x | 3.93x | 2.60x | 2.05x | 1.83x | 2.92x | 1.51x | 1.90x | 2.04x | 1.69x | 1.59x | 1.11x | 1.39x | 1.86x | 1.07x |
| Interest Paid | 0 | 103M | 152M | 86M | 162M | 101M | 160M | -112M | 90M | 112M | 0 | 112M | 77M | 88M | 101M | 85M | 100M | 85M | 0 | 0 |
| Taxes Paid | 0 | 0 | 4M | 3M | 31M | 152M | 0 | -572M | 184M | 388M | 0 | -218M | 100M | 259M | 0 | 75M | 253M | 133M | 0 | 0 |