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FCF Margin for Devon Energy (DVN)

As of · Reported

Metric

TTM

16.2%

YoY change

+23.50pp

Trough year (2001)

-120.1%

Peak year (2021)

23.7%

FCF Margin history chart for Devon Energy (DVN) from 1989 to 2025

Latest: 18.1%

FCF Margin change chart for Devon Energy (DVN) from 1989 to 2025

Latest: +23.50pp

FCF Margin history table for Devon Energy (DVN) from 1989 to 2025

  • 202518.1%+23.50pp
  • 2024-5.4%-22.37pp
  • 202317.0%-0.74pp
  • 202217.8%-5.93pp
  • 202123.7%+19.70pp
  • 20204.0%+1.91pp
  • 20192.1%-0.14pp
  • 20182.2%+0.63pp
  • 20171.6%+23.19pp
  • 2016-21.6%-13.74pp
  • 2015-7.9%+30.32pp
  • 2014-38.2%-25.46pp
  • 2013-12.7%+21.69pp
  • 2012-34.4%-22.96pp
  • 2011-11.4%-1.41pp
  • 2010-10.0%-8.18pp
  • 2009-1.9%-2.10pp
  • 20080.2%-4.10pp
  • 20074.3%+20.29pp
  • 2006-16.0%-31.13pp
  • 200515.2%-3.67pp
  • 200418.9%+2.79pp
  • 200316.1%+54.80pp
  • 2002-38.7%+81.37pp
  • 2001-120.1%-133.21pp
  • 200013.1%+22.99pp
  • 1999-9.9%+16.15pp
  • 1998-26.0%-34.49pp
  • 19978.4%+13.16pp
  • 1996-4.7%+44.98pp
  • 1995-49.7%-60.41pp
  • 199410.7%+32.58pp
  • 1993-21.9%-43.11pp
  • 199221.3%+30.73pp
  • 1991-9.5%+48.63pp
  • 1990-58.1%-21.99pp
  • 1989-36.1%—

FCF Margin values are taken from Devon Energy's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About FCF Margin at Devon Energy (DVN)

According to Devon Energy's latest reported financial statements, the company's latest reported free cash flow margin is 16.2%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of Devon Energy (DVN) free cash flow margin is 18.15% – expanded 23.5 percentage points year-over-year.

23.69% stands as the all-time-high annual free cash flow margin, posted in 2021, against a low of -120.11% during 2001.

Devon Energy FCF Margin by Year

Devon Energy FCF Margin 2025: 18.1%

2025's free cash flow margin for Devon Energy came in at 18.15%, expanded 23.5 percentage points from 2024.

Devon Energy FCF Margin 2024: -5.4%

Devon Energy posted free cash flow margin of -5.35% in 2024, contracted 22.4 percentage points from 2023.

Devon Energy FCF Margin 2023: 17.0%

In 2023, Devon Energy reported free cash flow margin of 17.02%, contracted 0.7 percentage points from 2022.

Devon Energy FCF Margin 2022: 17.8%

Devon Energy free cash flow margin in 2022 was 17.76%, contracted 5.9 percentage points from 2021.

Devon Energy FCF Margin 2021: 23.7%

Devon Energy free cash flow margin in 2021 was 23.69%.

See more financial history for Devon Energy (DVN).

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Energy peers of Devon Energy (DVN), ranked by their latest free cash flow margin

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