Market Cap for Devon Energy (DVN)
According to Devon Energy's latest reported financial statements, the company's latest reported market cap is $22.78B USD. Market capitalization is the total dollar value of all outstanding shares — shares outstanding × stock price — and the standard measure of a company's equity value. On this page, historical market cap snaps filing-period share counts to closing prices on or before each statement date (not intraday tick data).
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

DVN
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Latest period
$22.78B
YoY change
+39.4%
5Y CAGR
+1.9%
Peak year (2022)
$40.17B
Latest annual
$32.13B
Market Cap history chart for Devon Energy (DVN) from 1987 to 2026
Market Cap history table for Devon Energy (DVN) from 1987 to 2026
| Fiscal year | Period ended | Reported | Market Cap | YoY |
|---|---|---|---|---|
| 2026 | $32.13B | +39.4% | ||
| 2025 | $23.04B | +13.0% | ||
| 2024 | $20.39B | -29.9% | ||
| 2023 | $29.08B | -27.6% | ||
| 2022 | $40.17B | +37.1% | ||
| 2021 | $29.29B | +391.5% | ||
| 2020 | $5.96B | -42.8% | ||
| 2019 | $10.41B | -8.0% | ||
| 2018 | $11.32B | -48.2% | ||
| 2017 | $21.86B | -6.7% | ||
| 2016 | $23.43B | +77.7% | ||
| 2015 | $13.18B | -47.6% | ||
| 2014 | $25.16B | +0.2% | ||
| 2013 | $25.12B | +19.5% | ||
| 2012 | $21.02B | -18.9% | ||
| 2011 | $25.92B | -25.1% | ||
| 2010 | $34.62B | +5.6% | ||
| 2009 | $32.78B | +13.6% | ||
| 2008 | $28.85B | -27.9% | ||
| 2007 | $40.01B | +33.1% | ||
| 2006 | $30.05B | +2.2% | ||
| 2005 | $29.39B | +51.3% | ||
| 2004 | $19.42B | +56.7% | ||
| 2003 | $12.40B | +73.1% | ||
| 2002 | $7.16B | +42.5% | ||
| 2001 | $5.02B | -37.6% | ||
| 2000 | $8.05B | +147.3% | ||
| 1999 | $3.26B | +228.2% | ||
| 1998 | $991.78M | -26.0% | ||
| 1997 | $1.34B | +75.5% | ||
| 1996 | $763.96M | +34.3% | ||
| 1995 | $568.85M | +43.3% | ||
| 1994 | $397.08M | -2.3% | ||
| 1993 | $406.45M | +78.2% | ||
| 1992 | $228.13M | +195.5% | ||
| 1991 | $77.20M | -22.7% | ||
| 1990 | $99.81M | -26.1% | ||
| 1989 | $135.00M | +278.2% | ||
| 1988 | $35.70M | +160.2% | ||
| 1987 | $13.72M | — |
Market Cap 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 2026 fiscal year, Devon Energy (DVN) reported market cap of $32.13B – surged 39.4% year-over-year.
Devon Energy market cap compound annual growth for the 2021–2026 (5 years) window is +1.9%, sustaining 2 straight years of year-over-year growth.
Devon Energy market cap declined from $40.17B in 2022 to $32.13B in 2026, a 20.0% drawdown.
$40.17B stands as the all-time-high annual market cap, posted in 2022, against a low of $13.72M during 1987.
Within Energy, Devon Energy (DVN) ranks 9th among 8 peers we track. The peer median for market cap is $102.52B.
Devon Energy Market Cap by Year
Devon Energy Market Cap 2026: $32.13B
Devon Energy market cap in 2026 was $32.13B, surged 39.4% from 2025.
Devon Energy Market Cap 2025: $23.04B
Devon Energy market cap in 2025 was $23.04B, grew 13.0% from 2024.
Devon Energy Market Cap 2024: $20.39B
Devon Energy market cap in 2024 was $20.39B, declined 29.9% below 2023.
Devon Energy Market Cap 2023: $29.08B
Devon Energy market cap in 2023 was $29.08B, declined 27.6% below 2022.
Devon Energy Market Cap 2022: $40.17B
Devon Energy market cap in 2022 was $40.17B.
See more financial history for Devon Energy (DVN).
Sector peers — Market Cap
Companies in the same sector as Devon Energy, ranked by their latest market cap.
| Company | Market Cap | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $625.81B | Energy |
| Chevron Corporation (CVX) | $375.85B | Energy |
| ConocoPhillips (COP) | $151.53B | Energy |
| Enbridge Inc. (ENB) | $115.72B | Energy |
| The Williams Companies, Inc. (WMB) | $89.32B | Energy |
| SLB N.V. (SLB) | $83.54B | Energy |
| EOG Resources, Inc. (EOG) | $72.74B | Energy |
| Valero Energy Corporation (VLO) | $71.85B | Energy |
Frequently asked questions
What is Devon Energy's market cap?
- Latest reported market cap for Devon Energy (DVN) is $22.78B (period ending December 31, 2025).
How has Devon Energy market cap changed year-over-year?
- Devon Energy (DVN) market cap changed +39.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Devon Energy market cap?
- Devon Energy (DVN) market cap compound annual growth rate is +1.9% over the most recent 5 years available.
When did Devon Energy market cap hit its highest annual value?
- Devon Energy market cap reached its highest annual value of $40.17B in 2022.
What was Devon Energy market cap in 2025?
- Devon Energy (DVN) market cap in 2025 was $23.04B.
What was Devon Energy market cap in 2026?
- Devon Energy (DVN) market cap in 2026 was $32.13B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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