TTM
22.1%
YoY change
−4.00pp
Trough year (2015)
1.7%
Peak year (2003)
85.3%
Latest annual
25.5%
Gross Margin history chart for Devon Energy (DVN) from 1987 to 2025
Latest: 25.5%
Gross Margin change chart for Devon Energy (DVN) from 1987 to 2025
Latest: −4.00pp
Gross Margin history table for Devon Energy (DVN) from 1987 to 2025
| 2025 | 25.5% | -4.00pp | ||
| 2024 | 29.5% | -5.63pp | ||
| 2023 | 35.2% | -8.48pp | ||
| 2022 | 43.7% | +13.52pp | ||
| 2021 | 30.1% | +22.02pp | ||
| 2020 | 8.1% | -3.36pp | ||
| 2019 | 11.5% | -13.18pp | ||
| 2018 | 24.7% | +7.08pp | ||
| 2017 | 17.6% | +9.12pp | ||
| 2016 | 8.5% | +6.77pp | ||
| 2015 | 1.7% | -43.78pp | ||
| 2014 | 45.5% | -8.42pp | ||
| 2013 | 53.9% | +0.95pp | ||
| 2012 | 52.9% | -8.72pp | ||
| 2011 | 61.7% | -5.27pp | ||
| 2010 | 66.9% | +2.21pp | ||
| 2009 | 64.7% | -10.30pp | ||
| 2008 | 75.0% | +1.91pp | ||
| 2007 | 73.1% | +0.36pp | ||
| 2006 | 72.8% | -1.45pp | ||
| 2005 | 74.2% | +2.80pp | ||
| 2004 | 71.4% | -13.93pp | ||
| 2003 | 85.3% | +3.29pp | ||
| 2002 | 82.0% | +1.25pp | ||
| 2001 | 80.8% | -2.16pp | ||
| 2000 | 83.0% | +8.93pp | ||
| 1999 | 74.0% | +9.38pp | ||
| 1998 | 64.6% | -13.04pp | ||
| 1997 | 77.7% | +0.55pp | ||
| 1996 | 77.1% | +1.23pp | ||
| 1995 | 75.9% | +7.06pp | ||
| 1994 | 68.8% | +2.55pp | ||
| 1993 | 66.3% | -0.23pp | ||
| 1992 | 66.5% | +3.71pp | ||
| 1991 | 62.8% | +3.35pp | ||
| 1990 | 59.5% | +4.33pp | ||
| 1989 | 55.1% | +1.03pp | ||
| 1988 | 54.1% | -12.35pp | ||
| 1987 | 66.4% | — |
- 202525.5%-4.00pp
- 202429.5%-5.63pp
- 202335.2%-8.48pp
- 202243.7%+13.52pp
- 202130.1%+22.02pp
- 20208.1%-3.36pp
- 201911.5%-13.18pp
- 201824.7%+7.08pp
- 201717.6%+9.12pp
- 20168.5%+6.77pp
- 20151.7%-43.78pp
- 201445.5%-8.42pp
- 201353.9%+0.95pp
- 201252.9%-8.72pp
- 201161.7%-5.27pp
- 201066.9%+2.21pp
- 200964.7%-10.30pp
- 200875.0%+1.91pp
- 200773.1%+0.36pp
- 200672.8%-1.45pp
- 200574.2%+2.80pp
- 200471.4%-13.93pp
- 200385.3%+3.29pp
- 200282.0%+1.25pp
- 200180.8%-2.16pp
- 200083.0%+8.93pp
- 199974.0%+9.38pp
- 199864.6%-13.04pp
- 199777.7%+0.55pp
- 199677.1%+1.23pp
- 199575.9%+7.06pp
- 199468.8%+2.55pp
- 199366.3%-0.23pp
- 199266.5%+3.71pp
- 199162.8%+3.35pp
- 199059.5%+4.33pp
- 198955.1%+1.03pp
- 198854.1%-12.35pp
- 198766.4%—
Gross 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 Gross Margin at Devon Energy (DVN)
According to Devon Energy's latest reported financial statements, the company's latest reported gross margin is 22.1%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
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) gross margin is 25.55% – contracted 4.0 percentage points year-over-year.
85.34% stands as the all-time-high annual gross margin, posted in 2003, against a low of 1.70% during 2015.
Devon Energy Gross Margin by Year
Devon Energy Gross Margin 2025: 25.5%
Devon Energy gross margin in 2025 was 25.55%, contracted 4.0 percentage points from 2024.
Devon Energy Gross Margin 2024: 29.5%
2024's gross margin for Devon Energy came in at 29.55%, contracted 5.6 percentage points from 2023.
Devon Energy Gross Margin 2023: 35.2%
Devon Energy posted gross margin of 35.17% in 2023, contracted 8.5 percentage points from 2022.
Devon Energy Gross Margin 2022: 43.7%
In 2022, Devon Energy reported gross margin of 43.66%, expanded 13.5 percentage points from 2021.
Devon Energy Gross Margin 2021: 30.1%
Devon Energy gross margin in 2021 was 30.14%.
See more financial history for Devon Energy (DVN).
Sector peers by Gross Margin
Energy peers of Devon Energy (DVN), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.5% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% |
- 30.7%
- 29.2%
- 25.5%
- 25.4%
- 17.3%
Frequently asked questions
Devon Energy (DVN) Key Financials
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