Devon Energy Corporation (DVN) Earnings History
Profitable37 years of earnings data (1989–2025) · Positive TTM net income
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Devon Energy Corporation (DVN) Earnings Overview
As of June 20, 2026, Devon Energy Corporation (DVN) reported trailing twelve-month net income of $2.15B, reflecting -8.1% year-over-year growth. The company earned $3.45 per diluted share over the past four quarters, with a net profit margin of 15.4%.
Looking at the long-term picture, DVN's historical earnings data spans multiple years. The company achieved its highest annual net income of $6.01B in fiscal 2022.
Devon Energy Corporation maintains industry-leading profitability with a gross margin of 24.7%, operating margin of 22.0%, and net margin of 15.4%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including COP ($7.32B net income, 13.6% margin), EOG ($5.50B net income, 22.1% margin), APA ($1.53B net income, 16.1% margin), DVN has outperformed on profitability metrics. Compare DVN vs COP →
DVN Earnings vs Peers
Earnings metrics vs comparable public companies
DVN Historical Earnings Data (1989–2025)
37 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.64B | -8.6% | $3.77B | $4.20 | 15.4% | 22.0% |
| 2024 | $2.89B | -22.8% | $3.77B | $4.57 | 18.6% | 24.2% |
| 2023 | $3.75B | -37.7% | $4.79B | $5.84 | 24.7% | 31.7% |
| 2022 | $6.01B | +116.1% | $8.58B | $9.12 | 30.3% | 43.3% |
| 2021 | $2.78B | +203.7% | $4.82B | $4.18 | 20.2% | 35.0% |
| 2020 | -$2.68B | -651.8% | -$590M | $-7.12 | -61.7% | -13.6% |
| 2019 | -$357M | -111.7% | $635M | $-0.20 | -5.3% | 9.5% |
| 2018 | $3.06B | +241.2% | $1.03B | $6.10 | 36.3% | 12.3% |
| 2017 | $898M | +127.2% | $672M | $1.70 | 10.2% | 7.6% |
| 2016 | -$3.30B | +77.2% | $8M | $-6.44 | -31.4% | 0.1% |
| 2015 | -$14.45B | -999.4% | -$5.17B | $-35.08 | -185.3% | -66.3% |
| 2014 | $1.61B | +8135.0% | $3.64B | $3.91 | 9.2% | 20.7% |
| 2013 | -$20M | +90.3% | $2.79B | $-0.05 | -0.2% | 26.4% |
| 2012 | -$206M | -104.4% | $1.46B | $-0.51 | -2.3% | 16.6% |
| 2011 | $4.70B | +3.4% | $3.66B | $11.25 | 44.5% | 34.6% |
| 2010 | $4.55B | +283.5% | $3.12B | $10.31 | 49.8% | 34.2% |
| 2009 | -$2.48B | -15.4% | -$4.63B | $-5.56 | -32.5% | -60.7% |
| 2008 | -$2.15B | -159.6% | $6.15B | $-4.89 | -15.3% | 43.9% |
| 2007 | $3.61B | +26.7% | $4.52B | $8.00 | 31.7% | 39.8% |
| 2006 | $2.85B | -2.9% | $4.46B | $6.34 | 27.0% | 42.3% |
| 2005 | $2.93B | +34.0% | $5.15B | $6.26 | 27.6% | 48.4% |
| 2004 | $2.19B | +25.1% | $3.75B | $4.38 | 23.8% | 40.8% |
| 2003 | $1.75B | +1579.8% | $2.79B | $4.04 | 23.8% | 37.9% |
| 2002 | $104M | +1.0% | $365M | $0.31 | 2.4% | 8.5% |
| 2001 | $103M | -85.9% | $304M | $0.36 | 3.3% | 9.9% |
| 2000 | $730M | +672.0% | $1.30B | $2.75 | 26.2% | 46.6% |
| 1999 | $95M | +256.9% | $201M | $-0.84 | 13.2% | 28.1% |
| 1998 | -$60M | -180.1% | $82M | $-0.93 | -16.3% | 22.1% |
| 1997 | $75M | +116.4% | $131M | $-3.19 | 24.0% | 41.9% |
| 1996 | $35M | +140.0% | $68M | $1.00 | 21.4% | 41.7% |
| 1995 | $15M | +5.8% | $33M | $0.33 | 12.8% | 28.9% |
| 1994 | $14M | -33.2% | $27M | $0.32 | 13.6% | 26.7% |
| 1993 | $21M | +40.4% | $30M | $0.52 | 20.7% | 29.9% |
| 1992 | $15M | +197.3% | $19M | $0.45 | 21.3% | 28.1% |
| 1991 | -$15M | -676.9% | -$21M | $-0.86 | -52.6% | -72.6% |
| 1990 | $3M | +188.9% | $5M | $0.01 | 8.8% | 15.9% |
| 1989 | $900,000 | - | $1M | $0.01 | 3.4% | 4.2% |
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DVN — Frequently Asked Questions
Quick answers to the most common questions about buying DVN stock.
What is DVN earnings per share (EPS)?
DVN trailing twelve-month (TTM) diluted EPS is $3.45, reflecting -8.1% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 1989 to 2025 is available in the table on this page.
What is Devon Energy Corporation's net income?
Devon Energy Corporation (DVN) trailing twelve-month net income is $2.1B as of 2025. Earnings declined -8.1% year-over-year. Devon Energy Corporation has been profitable for 5 consecutive years.
Is DVN profitable?
Yes, DVN is profitable with a TTM net income of $2.1B and a net profit margin of +15.4%. Devon Energy Corporation has generated profits for 5 consecutive years.
What is DVN's earnings growth rate?
DVN compound annual EPS growth rates (CAGR): 1-Year: -8.1%, 3-Year: -22.8%, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1989 to 2025.
What are DVN's profit margins?
Devon Energy Corporation net profit margin is +15.4%, operating margin is +22.0%, and gross margin is +24.7%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +17.5%.
Is DVN growing earnings?
DVN earnings are declining — EPS fell -8.1% year-over-year. TTM net income dropped to $2.1B. This contrasts with the 5-year CAGR of N/A.
What was DVN's best earnings year?
Devon Energy Corporation's highest annual net income on record is $6.0B, achieved in fiscal year 2022. Earnings history on this page spans 1989 to 2025 and includes all annual and quarterly figures.
What were DVN's earnings last quarter?
DVN's most recent reported quarter was Q1 2026. Net income was $120000.00 with diluted EPS of $0.00. For a full breakdown of all quarters, see the quarterly earnings table on this page.