Devon Energy annual return on equity
2008
2009
2010
2011
2012
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2015
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2017
2018
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2020
2021
2022
2023
2024
2025
Devon Energy Return on Equity (ROE) Growth & History (DVN)
Devon Energy's return on equity was 17.60% for fiscal 2025.
View full Devon Energy company overviewDevon Energy annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 17.60% | −4.19 pp |
| 2024 | 2024-12-31 | 21.79% | −10.41 pp |
| 2023 | 2023-12-31 | 32.19% | −26.85 pp |
| 2022 | 2022-12-31 | 59.04% | +12.73 pp |
| 2021 | 2021-12-31 | 46.32% | +108.02 pp |
| 2020 | 2020-12-31 | −61.70% | −56.96 pp |
| 2019 | 2019-12-31 | −4.74% | −37.97 pp |
| 2018 | 2018-12-31 | 33.23% | +22.99 pp |
| 2017 | 2017-12-31 | 10.25% | +24.03 pp |
| 2016 | 2016-12-31 | −13.78% | +76.44 pp |
| 2015 | 2015-12-31 | −90.22% | −97.87 pp |
| 2014 | 2014-12-31 | 7.65% | +7.74 pp |
| 2013 | 2013-12-31 | −0.10% | +0.87 pp |
| 2012 | 2012-12-31 | −0.96% | −24.09 pp |
| 2011 | 2011-12-31 | 23.13% | −3.01 pp |
| 2010 | 2010-12-31 | 26.13% | +41.33 pp |
| 2009 | 2009-12-31 | −15.19% | −4.20 pp |
| 2008 | 2008-12-31 | −11.00% | — |
Devon Energy quarterly return on equity
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Q1.25
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.68% | +0.61 pp |
| Q1 2026 | 2026-03-31 | 0.78% | −2.63 pp |
| Q4 2025 | 2025-12-31 | 3.64% | −0.82 pp |
| Q3 2025 | 2025-09-30 | 4.52% | −1.54 pp |
| Q2 2025 | 2025-06-30 | 6.07% | −0.76 pp |
| Q1 2025 | 2025-03-31 | 3.40% | −1.52 pp |
| Q4 2024 | 2024-12-31 | 4.46% | −5.20 pp |
| Q3 2024 | 2024-09-30 | 6.05% | −1.98 pp |
| Q2 2024 | 2024-06-30 | 6.83% | +0.56 pp |
| Q1 2024 | 2024-03-31 | 4.92% | −4.07 pp |
| Q4 2023 | 2023-12-31 | 9.65% | −1.39 pp |
| Q3 2023 | 2023-09-30 | 8.03% | −10.03 pp |
| Q2 2023 | 2023-06-30 | 6.27% | −13.65 pp |
| Q1 2023 | 2023-03-31 | 8.99% | −1.67 pp |
| Q4 2022 | 2022-12-31 | 11.04% | −5.52 pp |
| Q3 2022 | 2022-09-30 | 18.06% | +8.39 pp |
| Q2 2022 | 2022-06-30 | 19.93% | +16.87 pp |
| Q1 2022 | 2022-03-31 | 10.66% | +6.87 pp |
| Q4 2021 | 2021-12-31 | 16.56% | +20.02 pp |
| Q3 2021 | 2021-09-30 | 9.67% | +12.62 pp |
| Q2 2021 | 2021-06-30 | 3.06% | +21.81 pp |
| Q1 2021 | 2021-03-31 | 3.79% | +41.15 pp |
| Q4 2020 | 2020-12-31 | −3.45% | +6.95 pp |
| Q3 2020 | 2020-09-30 | −2.94% | −4.55 pp |
| Q2 2020 | 2020-06-30 | −18.75% | −25.42 pp |
| Q1 2020 | 2020-03-31 | −37.36% | −33.64 pp |
| Q4 2019 | 2019-12-31 | −10.40% | −23.11 pp |
| Q3 2019 | 2019-09-30 | 1.61% | −28.39 pp |
| Q2 2019 | 2019-06-30 | 6.67% | +11.69 pp |
| Q1 2019 | 2019-03-31 | −3.72% | −1.55 pp |
| Q4 2018 | 2018-12-31 | 12.71% | +10.47 pp |
| Q3 2018 | 2018-09-30 | 30.00% | +27.25 pp |
| Q2 2018 | 2018-06-30 | −5.02% | −8.30 pp |
| Q1 2018 | 2018-03-31 | −2.17% | −6.28 pp |
| Q4 2017 | 2017-12-31 | 2.23% | −2.46 pp |
| Q3 2017 | 2017-09-30 | 2.75% | −15.83 pp |
| Q2 2017 | 2017-06-30 | 3.28% | +31.17 pp |
| Q1 2017 | 2017-03-31 | 4.11% | +49.52 pp |
| Q4 2016 | 2016-12-31 | 4.69% | +53.43 pp |
| Q3 2016 | 2016-09-30 | 18.58% | +44.69 pp |
| Q2 2016 | 2016-06-30 | −27.89% | −10.99 pp |
| Q1 2016 | 2016-03-31 | −45.41% | −27.21 pp |
| Q4 2015 | 2015-12-31 | −48.74% | −46.87 pp |
| Q3 2015 | 2015-09-30 | −26.10% | −30.76 pp |
| Q2 2015 | 2015-06-30 | −16.90% | −20.12 pp |
| Q1 2015 | 2015-03-31 | −18.21% | −19.79 pp |
| Q4 2014 | 2014-12-31 | −1.87% | −2.87 pp |
| Q3 2014 | 2014-09-30 | 4.66% | +2.55 pp |
| Q2 2014 | 2014-06-30 | 3.22% | −0.22 pp |
| Q1 2014 | 2014-03-31 | 1.58% | +8.11 pp |
| Q4 2013 | 2013-12-31 | 1.01% | +2.67 pp |
| Q3 2013 | 2013-09-30 | 2.11% | +5.38 pp |
| Q2 2013 | 2013-06-30 | 3.43% | +1.28 pp |
| Q1 2013 | 2013-03-31 | −6.53% | −8.35 pp |
| Q4 2012 | 2012-12-31 | −1.66% | −4.04 pp |
| Q3 2012 | 2012-09-30 | −3.27% | −8.15 pp |
| Q2 2012 | 2012-06-30 | 2.16% | −11.33 pp |
| Q1 2012 | 2012-03-31 | 1.81% | — |
| Q4 2011 | 2011-12-31 | 2.38% | −0.58 pp |
| Q3 2011 | 2011-09-30 | 4.88% | −6.90 pp |
| Q2 2011 | 2011-06-30 | 13.49% | +9.31 pp |
| Q4 2010 | 2010-12-31 | 2.97% | −1.45 pp |
| Q3 2010 | 2010-09-30 | 11.78% | +8.26 pp |
| Q2 2010 | 2010-06-30 | 4.18% | +2.14 pp |
| Q1 2010 | 2010-03-31 | 7.33% | — |
| Q4 2009 | 2009-12-31 | 4.41% | — |
| Q3 2009 | 2009-09-30 | 3.52% | — |
| Q2 2009 | 2009-06-30 | 2.04% | — |
Devon Energy return on equity trends
Over the last five fiscal years, Devon Energy's return on equity increased from −61.70% to 17.60%, a change of +79.30 percentage points. The latest reported quarter, Q2 2026, shows 6.68%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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