Gross Profit for Devon Energy (DVN)
According to Devon Energy's latest reported financial statements, the company's current gross profit (TTM) is $3.77B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
DVN
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.77B
YoY change
-0.9%
5Y CAGR
N/A
Peak year (2022)
$8.97B
Cumulative gross profit
$89.34B
Gross Profit history chart for Devon Energy (DVN) from 1987 to 2025
Gross Profit history table for Devon Energy (DVN) from 1987 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $4.23B | -0.9% | ||
| 2024 | $4.27B | -17.9% | ||
| 2023 | $5.20B | -42.0% | ||
| 2022 | $8.97B | +72.3% | ||
| 2021 | $5.21B | -2167.1% | ||
| 2020 | -$252.00M | -122.7% | ||
| 2019 | $1.11B | -31.0% | ||
| 2018 | $1.61B | +14.2% | ||
| 2017 | $1.41B | +61.4% | ||
| 2016 | $873.00M | -122.7% | ||
| 2015 | -$3.85B | -175.7% | ||
| 2014 | $5.09B | +31.4% | ||
| 2013 | $3.87B | +50.8% | ||
| 2012 | $2.57B | -45.0% | ||
| 2011 | $4.67B | +14.9% | ||
| 2010 | $4.06B | -210.7% | ||
| 2009 | -$3.67B | -150.5% | ||
| 2008 | $7.27B | +35.2% | ||
| 2007 | $5.38B | +3.4% | ||
| 2006 | $5.20B | -10.0% | ||
| 2005 | $5.77B | +34.9% | ||
| 2004 | $4.28B | -31.8% | ||
| 2003 | $6.27B | +77.2% | ||
| 2002 | $3.54B | +43.9% | ||
| 2001 | $2.46B | +7.5% | ||
| 2000 | $2.29B | +318.3% | ||
| 1999 | $547.40M | +113.7% | ||
| 1998 | $256.20M | +3.6% | ||
| 1997 | $247.40M | +88.9% | ||
| 1996 | $131.00M | +52.3% | ||
| 1995 | $86.00M | +23.9% | ||
| 1994 | $69.40M | +6.0% | ||
| 1993 | $65.50M | +43.3% | ||
| 1992 | $45.70M | +155.3% | ||
| 1991 | $17.90M | +1.7% | ||
| 1990 | $17.60M | +21.4% | ||
| 1989 | $14.50M | +46.5% | ||
| 1988 | $9.90M | -2.0% | ||
| 1987 | $10.10M | — |
Gross Profit values are taken from Devon Energy's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Devon Energy (DVN) reported gross profit of $4.23B – edged down 0.9% year-over-year.
Devon Energy gross profit peaked at $8.97B in 2022; the latest annual figure is $4.23B in 2025 (52.8% below peak).
Across the available history, gross profit reached its high of $8.97B in 2022 and its low of -$3.85B in 2015.
Devon Energy (DVN) sits 9th of 8 Energy peers we track on this metric, against a peer median of $14.92B.
Devon Energy Gross Profit by Year
Devon Energy Gross Profit 2025: $4.23B
Devon Energy gross profit in 2025 was $4.23B, edged down 0.9% below 2024.
Devon Energy Gross Profit 2024: $4.27B
Devon Energy gross profit in 2024 was $4.27B, declined 17.9% below 2023.
Devon Energy Gross Profit 2023: $5.20B
Devon Energy gross profit in 2023 was $5.20B, plunged 42.0% below 2022.
Devon Energy Gross Profit 2022: $8.97B
Devon Energy gross profit in 2022 was $8.97B, surged 72.3% from 2021. This figure represents the highest annual value in the available history.
Devon Energy Gross Profit 2021: $5.21B
Devon Energy gross profit in 2021 was $5.21B.
See more financial history for Devon Energy (DVN).
Sector peers — Gross Profit
Companies in the same sector as Devon Energy, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $70.23B | Energy |
| Chevron Corporation (CVX) | $56.09B | Energy |
| Enbridge Inc. (ENB) | $21.50B | Energy |
| EOG Resources, Inc. (EOG) | $15.37B | Energy |
| ConocoPhillips (COP) | $14.46B | Energy |
| SLB N.V. (SLB) | $6.50B | Energy |
| Valero Energy Corporation (VLO) | $5.37B | Energy |
| The Williams Companies, Inc. (WMB) | $5.12B | Energy |
Frequently asked questions
What is Devon Energy's gross profit?
- Latest reported gross profit for Devon Energy (DVN) is $3.77B (period ending December 31, 2025).
How has Devon Energy gross profit changed year-over-year?
- Devon Energy (DVN) gross profit changed -0.9% year-over-year on the latest annual filing.
When did Devon Energy gross profit hit its highest annual value?
- Devon Energy gross profit reached its highest annual value of $8.97B in 2022.
What was Devon Energy gross profit in 2024?
- Devon Energy (DVN) gross profit in 2024 was $4.27B.
What was Devon Energy gross profit in 2025?
- Devon Energy (DVN) gross profit in 2025 was $4.23B.
Metrics overview
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