Devon Energy annual free cash flow
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2024
2025
Devon Energy Free Cash Flow (FCF) History (DVN)
Devon Energy reported $3.12B in free cash flow for fiscal 2025, an increase of 5.55% from the previous fiscal year, with a free cash flow margin of 18.58%.
View full Devon Energy company overviewDevon Energy free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.12B | $164.0M | +5.55% | +18.58% |
| 2024 | 2024-12-31 | $2.96B | $294.0M | +11.05% | +18.56% |
| 2023 | 2023-12-31 | $2.66B | −$3.33B | −55.56% | +17.58% |
| 2022 | 2022-12-31 | $5.99B | $3.08B | +105.77% | +30.20% |
| 2021 | 2021-12-31 | $2.91B | $2.60B | +835.69% | +21.16% |
| 2020 | 2020-12-31 | $311.0M | −$1.70B | −84.54% | +6.66% |
| 2019 | 2019-12-31 | $2.01B | $484.0M | +31.68% | +30.15% |
| 2018 | 2018-12-31 | $1.53B | −$1.34B | −46.67% | +18.11% |
| 2017 | 2017-12-31 | $2.87B | $2.21B | +340.09% | +81.55% |
| 2016 | 2016-12-31 | $651.0M | −$3.14B | −82.83% | +23.48% |
| 2015 | 2015-12-31 | $3.79B | $4.27B | — | +28.84% |
| 2014 | 2014-12-31 | −$481.0M | −$5.66B | — | −2.33% |
| 2013 | 2013-12-31 | $5.18B | $8.45B | — | +49.82% |
| 2012 | 2012-12-31 | −$3.27B | −$1.96B | — | −34.41% |
| 2011 | 2011-12-31 | −$1.31B | −$312.0M | — | −11.45% |
| 2010 | 2010-12-31 | −$998.0M | −$856.0M | — | −10.04% |
| 2009 | 2009-12-31 | −$142.0M | −$707.0M | — | −1.77% |
| 2008 | 2008-12-31 | $565.0M | −$376.0M | −39.96% | +4.08% |
| 2007 | 2007-12-31 | $941.0M | — | — | +9.43% |
Devon Energy quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $2.36B | $1.77B | +300.00% | +33.64% |
| Q1 2026 | 2026-03-31 | $816.0M | −$192.0M | −19.05% | +18.10% |
| Q4 2025 | 2025-12-31 | $702.0M | −$36.0M | −4.88% | +17.83% |
| Q3 2025 | 2025-09-30 | $820.0M | $34.0M | +4.33% | +19.29% |
| Q2 2025 | 2025-06-30 | $589.0M | $2.0M | +0.34% | +14.55% |
| Q1 2025 | 2025-03-31 | $1.01B | $164.0M | +19.43% | +22.15% |
| Q4 2024 | 2024-12-31 | $738.0M | −$89.0M | −10.76% | +16.45% |
| Q3 2024 | 2024-09-30 | $786.0M | −$57.0M | −6.76% | +20.70% |
| Q2 2024 | 2024-06-30 | $587.0M | $261.0M | +80.06% | +15.07% |
| Q1 2024 | 2024-03-31 | $844.0M | $179.0M | +26.92% | +22.56% |
| Q4 2023 | 2023-12-31 | $827.0M | −$280.0M | −25.29% | +21.64% |
| Q3 2023 | 2023-09-30 | $843.0M | −$633.0M | −42.89% | +20.92% |
| Q2 2023 | 2023-06-30 | $326.0M | −$1.78B | −84.51% | +9.24% |
| Q1 2023 | 2023-03-31 | $665.0M | −$635.0M | −48.85% | +17.69% |
| Q4 2022 | 2022-12-31 | $1.11B | $3.0M | +0.27% | +25.44% |
| Q3 2022 | 2022-09-30 | $1.48B | $352.0M | +31.32% | +28.47% |
| Q2 2022 | 2022-06-30 | $2.10B | $1.52B | +257.39% | +36.32% |
| Q1 2022 | 2022-03-31 | $1.30B | $1.21B | +1297.85% | +28.92% |
| Q4 2021 | 2021-12-31 | $1.10B | $963.0M | +682.98% | +25.97% |
| Q3 2021 | 2021-09-30 | $1.12B | $901.0M | +404.04% | +29.57% |
| Q2 2021 | 2021-06-30 | $589.0M | $746.0M | — | +18.88% |
| Q1 2021 | 2021-03-31 | $93.0M | −$11.0M | −10.58% | +3.61% |
| Q4 2020 | 2020-12-31 | $141.0M | $80.0M | +131.15% | +10.09% |
| Q3 2020 | 2020-09-30 | $223.0M | $154.0M | +223.19% | +19.32% |
| Q2 2020 | 2020-06-30 | −$157.0M | −$576.0M | — | −20.79% |
| Q1 2020 | 2020-03-31 | $104.0M | −$323.0M | −75.64% | +7.61% |
| Q4 2019 | 2019-12-31 | $61.0M | $388.0M | — | +2.32% |
| Q3 2019 | 2019-09-30 | $69.0M | −$472.0M | −87.25% | +4.26% |
| Q2 2019 | 2019-06-30 | $419.0M | −$97.0M | −18.80% | +25.15% |
| Q1 2019 | 2019-03-31 | $427.0M | −$371.0M | −46.49% | +55.82% |
| Q4 2018 | 2018-12-31 | −$327.0M | −$1.40B | — | −6.31% |
| Q3 2018 | 2018-09-30 | $541.0M | $46.0M | +9.29% | +44.27% |
| Q2 2018 | 2018-06-30 | $516.0M | −$57.0M | −9.95% | +44.64% |
| Q1 2018 | 2018-03-31 | $798.0M | $72.0M | +9.92% | +90.78% |
| Q4 2017 | 2017-12-31 | $1.07B | $1.60B | — | — |
| Q3 2017 | 2017-09-30 | $495.0M | −$229.0M | −31.63% | +25.61% |
| Q2 2017 | 2017-06-30 | $573.0M | $239.0M | +71.56% | +26.47% |
| Q1 2017 | 2017-03-31 | $726.0M | $2.19B | — | +20.44% |
| Q4 2016 | 2016-12-31 | −$529.0M | −$548.0M | — | — |
| Q3 2016 | 2016-09-30 | $724.0M | −$716.0M | −49.72% | +17.10% |
| Q2 2016 | 2016-06-30 | $334.0M | −$754.0M | −69.30% | +13.42% |
| Q1 2016 | 2016-03-31 | −$1.46B | −$2.71B | — | −68.77% |
| Q4 2015 | 2015-12-31 | $19.0M | −$737.0M | −97.49% | +0.66% |
| Q3 2015 | 2015-09-30 | $1.44B | −$88.0M | −5.76% | +39.99% |
| Q2 2015 | 2015-06-30 | $1.09B | −$672.0M | −38.18% | +32.07% |
| Q1 2015 | 2015-03-31 | $1.24B | $5.77B | — | +38.10% |
| Q4 2014 | 2014-12-31 | $756.0M | $4.28B | — | +10.70% |
| Q3 2014 | 2014-09-30 | $1.53B | $1.58B | — | +28.64% |
| Q2 2014 | 2014-06-30 | $1.76B | $2.01B | — | +39.02% |
| Q1 2014 | 2014-03-31 | −$4.53B | −$3.60B | — | −121.48% |
| Q4 2013 | 2013-12-31 | −$3.53B | −$2.67B | — | −134.38% |
| Q3 2013 | 2013-09-30 | −$49.0M | $551.0M | — | −1.81% |
| Q2 2013 | 2013-06-30 | −$247.0M | $506.0M | — | −8.00% |
| Q1 2013 | 2013-03-31 | −$924.0M | $138.0M | — | −46.88% |
| Q4 2012 | 2012-12-31 | −$854.0M | −$845.0M | — | −33.10% |
| Q3 2012 | 2012-09-30 | −$600.0M | −$209.0M | — | −32.17% |
| Q2 2012 | 2012-06-30 | −$753.0M | −$410.0M | — | −29.43% |
| Q1 2012 | 2012-03-31 | −$1.06B | −$495.0M | — | −42.53% |
| Q4 2011 | 2011-12-31 | −$9.0M | $432.0M | — | −0.35% |
| Q3 2011 | 2011-09-30 | −$391.0M | −$163.0M | — | −11.17% |
| Q2 2011 | 2011-06-30 | −$343.0M | $234.0M | — | −10.65% |
| Q1 2011 | 2011-03-31 | −$567.0M | −$815.0M | — | −26.41% |
| Q4 2010 | 2010-12-31 | −$441.0M | −$814.0M | — | −20.66% |
| Q3 2010 | 2010-09-30 | −$228.0M | −$581.0M | — | −9.69% |
| Q2 2010 | 2010-06-30 | −$577.0M | −$588.0M | — | −25.85% |
| Q1 2010 | 2010-03-31 | $248.0M | $1.13B | — | +7.70% |
| Q4 2009 | 2009-12-31 | $373.0M | −$308.0M | −45.23% | +15.26% |
| Q3 2009 | 2009-09-30 | $353.0M | — | — | +19.10% |
| Q2 2009 | 2009-06-30 | $11.0M | — | — | +0.60% |
| Q1 2009 | 2009-03-31 | −$879.0M | — | — | −46.26% |
| Q3 2008 | 2008-09-30 | $681.0M | — | — | +11.39% |
Devon Energy free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $311.0M to $3.12B, a compound annual growth rate of 58.58%. Devon Energy's latest reported quarter, Q2 2026, generated $2.36B in free cash flow, an increase of 300.00% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Devon Energy filings at SEC.gov ↗