Devon Energy Corporation (DVN) Earnings History
Annual and quarterly earnings data from 1989 to 2025
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DVN EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
DVN Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 24.7% | 22.0% | 15.4% |
| 2024 | 27.4% | 24.2% | 18.6% |
| 2023 | 34.3% | 31.7% | 24.7% |
| 2022 | 45.3% | 43.3% | 30.3% |
| 2021 | 37.9% | 35.0% | 20.2% |
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Devon Energy Corporation (DVN) Earnings Overview
As of May 6, 2026, Devon Energy Corporation (DVN) reported trailing twelve-month net income of $2.64B, reflecting -8.1% year-over-year growth. The company earned $4.25 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 ($1.43B 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% |
Full DVN Stock Analysis
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Start ComparisonDVN — Frequently Asked Questions
Quick answers to the most common questions about buying DVN stock.
Is DVN growing earnings?
DVN EPS fell to $4.25, with earnings declining -8.1%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $2.6B.
What are DVN's profit margins?
Devon Energy Corporation net margin is +15.4%, with operating margin at +22.0%. Above-average margins indicate pricing power.
How consistent are DVN's earnings?
DVN earnings data spans 1989-2025. The declining earnings trend is -8.1% YoY. Historical data enables comparison across business cycles.