EV/EBITDA Ratio: 4.93x
Is the EV/EBITDA ratio high or low?
The EV/EBITDA ratio of 4.93x is 18% below its 5-year average of 5.99x, near the low end of its 5-year range (3.38x–30.25x).
As of Monday, June 29, 2026. 14.81% above its 12-month average of 4.29x.
EV/EBITDA Ratio
DVN EV/EBITDA Ratio Chart
4.93x
+33.60% 1Y
DVN EV/EBITDA Ratio
DVN Average EV/EBITDA Ratio Chart
DVN EV/EBITDA Ratio
DVN Current vs Average EV/EBITDA Ratio Chart
DVN EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
4.93x
EV/EBITDA RATIO AVG TTM
4.29x
EV/EBITDA RATIO AVG 3Y
4.29x
EV/EBITDA RATIO AVG 5Y
4.50x
EV/EBITDA RATIO AVG 10Y
6.00x
EV/EBITDA RATIO AVG 15Y
6.06x
EV/EBITDA RATIO AVG 20Y
5.89x
CURRENT VS TTM AVG
+14.81%
CURRENT VS 3Y AVG
+14.89%
CURRENT VS 5Y AVG
+9.60%
CURRENT VS 10Y AVG
-17.78%
CURRENT VS 15Y AVG
-18.61%
CURRENT VS 20Y AVG
-16.27%
DVN Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $26.23B | 4.93x | 4.29x | 4.29x | 4.50x |
| First Solar, Inc. (FSLR)vs › | $25.69B | 10.13x | 11.00x | 17.95x | 21.45x |
| Texas Pacific Land Corporation (TPL)vs › | $27.30B | 39.30x | 38.63x | 36.33x | 33.40x |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 5.79x | 5.88x | 5.48x | 6.42x |
| Halliburton Company (HAL)vs › | $28.58B | 9.50x | 8.71x | 7.74x | 9.79x |
| Tenaris S.A. (TS)vs › | $30.06B | 10.15x | 8.51x | 6.10x | 7.34x |
| Expand Energy Corporation (EXE)vs › | $21.16B | 3.42x | 9.15x | 8.98x | 7.54x |
| EQT Corporation (EQT)vs › | $32.96B | 5.24x | 7.94x | 8.04x | 10.35x |
| APA Corporation (APA)vs › | $11.67B | 3.00x | 2.66x | 2.86x | 3.38x |
| Antero Midstream Corporation (AM)vs › | $11.01B | 15.57x | 13.60x | 12.68x | 12.05x |
EV/EBITDA vs. its own history
At 4.9, EV/EBITDA is in its normal range, sitting higher than 40% of its 20-year history.
20-year low
2.1
median
5.4
20-year high
55.5
cheaperricher
EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Devon Energy Corporation (DVN)?
- The EV/EBITDA ratio for DVN stock is 4.93x.
- Is Devon Energy Corporation's EV/EBITDA ratio high or low?
- The EV/EBITDA ratio of 4.93x is 18% below its 5-year average of 5.99x, near the low end of its 5-year range (3.38x–30.25x).
- What is the TTM average EV/EBITDA ratio for Devon Energy Corporation (DVN)?
- The TTM average EV/EBITDA ratio for DVN stock is 4.29x.
- What is the 3Y average EV/EBITDA ratio for Devon Energy Corporation (DVN)?
- The 3Y average EV/EBITDA ratio for DVN stock is 4.29x.
- What is the 5Y average EV/EBITDA ratio for Devon Energy Corporation (DVN)?
- The 5Y average EV/EBITDA ratio for DVN stock is 4.50x.
- What is the 10Y average EV/EBITDA ratio for Devon Energy Corporation (DVN)?
- The 10Y average EV/EBITDA ratio for DVN stock is 6.00x.
- What is the 15Y average EV/EBITDA ratio for Devon Energy Corporation (DVN)?
- The 15Y average EV/EBITDA ratio for DVN stock is 6.06x.
- What is the 20Y average EV/EBITDA ratio for Devon Energy Corporation (DVN)?
- The 20Y average EV/EBITDA ratio for DVN stock is 5.89x.
DVN EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-26 | 4.93x |
| 2026-06-25 | 4.96x |
| 2026-06-24 | 4.98x |
| 2026-06-23 | 5.04x |
| 2026-06-22 | 5.01x |
| 2026-06-18 | 4.92x |
| 2026-06-17 | 4.96x |
| 2026-06-16 | 4.99x |
| 2026-06-15 | 5.05x |
| 2026-06-12 | 5.22x |
| 2026-06-11 | 5.15x |
| 2026-06-10 | 5.34x |
| 2026-06-09 | 5.10x |
| 2026-06-08 | 5.19x |
| 2026-06-05 | 5.12x |
| 2026-06-04 | 5.28x |
| 2026-06-03 | 5.30x |
| 2026-06-02 | 5.30x |
| 2026-06-01 | 5.31x |
| 2026-05-29 | 5.14x |
| 2026-05-28 | 5.10x |
| 2026-05-27 | 5.12x |
| 2026-05-26 | 5.20x |
| 2026-05-22 | 5.39x |
| 2026-05-21 | 5.38x |
| 2026-05-20 | 5.51x |
| 2026-05-19 | 5.62x |
| 2026-05-18 | 5.62x |
| 2026-05-15 | 5.60x |
| 2026-05-14 | 5.39x |
| 2026-05-13 | 5.36x |
| 2026-05-12 | 5.35x |
| 2026-05-11 | 5.35x |
| 2026-05-08 | 5.24x |
| 2026-05-07 | 5.22x |
| 2026-05-06 | 5.34x |
| 2026-05-05 | 5.24x |
| 2026-05-04 | 5.27x |
| 2026-05-01 | 5.21x |
| 2026-04-30 | 5.27x |
| 2026-04-29 | 5.25x |
| 2026-04-28 | 5.12x |
| 2026-04-27 | 5.01x |
| 2026-04-24 | 4.99x |
| 2026-04-23 | 5.01x |
| 2026-04-22 | 4.92x |
| 2026-04-21 | 4.79x |
| 2026-04-20 | 4.74x |
| 2026-04-17 | 4.68x |
| 2026-04-16 | 4.81x |
| 2026-04-15 | 4.76x |
| 2026-04-14 | 4.76x |
| 2026-04-13 | 4.93x |
| 2026-04-10 | 4.98x |
| 2026-04-09 | 4.98x |
| 2026-04-08 | 4.99x |
| 2026-04-07 | 5.16x |
| 2026-04-06 | 5.13x |
| 2026-04-02 | 5.12x |
| 2026-04-01 | 5.04x |
| 2026-03-31 | 5.19x |
| 2026-03-30 | 5.29x |
| 2026-03-27 | 5.33x |
| 2026-03-26 | 5.27x |
| 2026-03-25 | 5.19x |
| 2026-03-24 | 5.18x |
| 2026-03-23 | 5.03x |
| 2026-03-20 | 5.05x |
| 2026-03-19 | 5.06x |
| 2026-03-18 | 5.01x |
| 2026-03-17 | 4.94x |
| 2026-03-16 | 4.88x |
| 2026-03-13 | 4.85x |
| 2026-03-12 | 4.84x |
| 2026-03-11 | 4.77x |
| 2026-03-10 | 4.63x |
| 2026-03-09 | 4.73x |
| 2026-03-06 | 4.70x |
| 2026-03-05 | 4.70x |
| 2026-03-04 | 4.62x |
| 2026-03-03 | 4.66x |
| 2026-03-02 | 4.74x |
| 2026-02-27 | 4.62x |
| 2026-02-26 | 4.55x |
| 2026-02-25 | 4.54x |
| 2026-02-24 | 4.60x |
| 2026-02-23 | 4.63x |
| 2026-02-20 | 4.69x |
| 2026-02-19 | 4.71x |
| 2026-02-18 | 4.70x |
| 2026-02-17 | 4.62x |
| 2026-02-13 | 4.67x |
| 2026-02-12 | 4.61x |
| 2026-02-11 | 4.70x |
| 2026-02-10 | 4.57x |
| 2026-02-09 | 4.57x |
| 2026-02-06 | 4.60x |
| 2026-02-05 | 4.55x |
| 2026-02-04 | 4.57x |
| 2026-02-03 | 4.38x |
| 2026-02-02 | 4.30x |
| 2026-01-30 | 4.30x |
| 2026-01-29 | 4.28x |
| 2026-01-28 | 4.27x |
| 2026-01-27 | 4.24x |
| 2026-01-26 | 4.17x |
| 2026-01-23 | 4.17x |
| 2026-01-22 | 4.12x |
| 2026-01-21 | 4.10x |
| 2026-01-20 | 3.98x |
| 2026-01-16 | 3.97x |
| 2026-01-15 | 3.98x |
| 2026-01-14 | 4.11x |
| 2026-01-13 | 4.02x |
| 2026-01-12 | 3.93x |
| 2026-01-09 | 3.93x |
| 2026-01-08 | 3.96x |
| 2026-01-07 | 3.82x |
| 2026-01-06 | 3.94x |
| 2026-01-05 | 4.00x |
| 2026-01-02 | 4.11x |
| 2025-12-31 | 4.00x |
| 2025-12-30 | 4.02x |
| 2025-12-29 | 3.97x |
| 2025-12-26 | 3.92x |
| 2025-12-24 | 3.97x |
| 2025-12-23 | 3.98x |
| 2025-12-22 | 3.99x |
| 2025-12-19 | 3.94x |
| 2025-12-18 | 3.93x |
| 2025-12-17 | 4.03x |
| 2025-12-16 | 3.88x |
| 2025-12-15 | 3.97x |
| 2025-12-12 | 4.08x |
| 2025-12-11 | 4.08x |
| 2025-12-10 | 4.15x |
| 2025-12-09 | 4.07x |
| 2025-12-08 | 4.08x |
| 2025-12-05 | 4.07x |
| 2025-12-04 | 4.09x |
| 2025-12-03 | 4.09x |
| 2025-12-02 | 4.06x |
| 2025-12-01 | 4.11x |
| 2025-11-28 | 4.04x |
| 2025-11-26 | 3.98x |
| 2025-11-25 | 3.94x |
| 2025-11-24 | 3.95x |
| 2025-11-21 | 3.92x |
| 2025-11-20 | 3.88x |
| 2025-11-19 | 3.89x |
| 2025-11-18 | 3.94x |
| 2025-11-17 | 3.87x |
| 2025-11-14 | 3.94x |
| 2025-11-13 | 3.87x |
| 2025-11-12 | 3.89x |
| 2025-11-11 | 3.88x |
| 2025-11-10 | 3.78x |
| 2025-11-07 | 3.76x |
| 2025-11-06 | 3.65x |
| 2025-11-05 | 3.58x |
| 2025-11-04 | 3.60x |
| 2025-11-03 | 3.62x |
| 2025-10-31 | 3.59x |
| 2025-10-30 | 3.55x |
| 2025-10-29 | 3.56x |
| 2025-10-28 | 3.55x |
| 2025-10-27 | 3.63x |
| 2025-10-24 | 3.63x |
| 2025-10-23 | 3.67x |
| 2025-10-22 | 3.58x |
| 2025-10-21 | 3.56x |
| 2025-10-20 | 3.55x |
| 2025-10-17 | 3.53x |
| 2025-10-16 | 3.55x |
| 2025-10-15 | 3.60x |
| 2025-10-14 | 3.61x |
| 2025-10-13 | 3.65x |
| 2025-10-10 | 3.59x |
| 2025-10-09 | 3.74x |
| 2025-10-08 | 3.79x |
| 2025-10-07 | 3.80x |
| 2025-10-06 | 3.79x |
| 2025-10-03 | 3.76x |
| 2025-10-02 | 3.74x |
| 2025-10-01 | 3.82x |
| 2025-09-30 | 3.80x |
| 2025-09-29 | 3.84x |
| 2025-09-26 | 3.96x |
| 2025-09-25 | 3.86x |
| 2025-09-24 | 3.81x |
| 2025-09-23 | 3.75x |
| 2025-09-22 | 3.69x |
| 2025-09-19 | 3.71x |
| 2025-09-18 | 3.80x |
| 2025-09-17 | 3.83x |
| 2025-09-16 | 3.79x |
| 2025-09-15 | 3.70x |
| 2025-09-12 | 3.78x |
| 2025-09-11 | 3.82x |
| 2025-09-10 | 3.84x |
| 2025-09-09 | 3.74x |
| 2025-09-08 | 3.76x |
| 2025-09-05 | 3.78x |
| 2025-09-04 | 3.84x |
| 2025-09-03 | 3.80x |
| 2025-09-02 | 3.91x |
| 2025-08-29 | 3.89x |
| 2025-08-28 | 3.87x |
| 2025-08-27 | 3.84x |
| 2025-08-26 | 3.82x |
| 2025-08-25 | 3.86x |
| 2025-08-22 | 3.81x |
| 2025-08-21 | 3.71x |
| 2025-08-20 | 3.70x |
| 2025-08-19 | 3.68x |
| 2025-08-18 | 3.68x |
| 2025-08-15 | 3.69x |
| 2025-08-14 | 3.70x |
| 2025-08-13 | 3.68x |
| 2025-08-12 | 3.66x |
| 2025-08-11 | 3.62x |
| 2025-08-08 | 3.66x |
| 2025-08-07 | 3.58x |
| 2025-08-06 | 3.59x |
| 2025-08-05 | 3.67x |
| 2025-08-04 | 3.64x |
| 2025-08-01 | 3.66x |
| 2025-07-31 | 3.75x |
| 2025-07-30 | 3.79x |
| 2025-07-29 | 3.83x |
| 2025-07-28 | 3.82x |
| 2025-07-25 | 3.72x |
| 2025-07-24 | 3.75x |
| 2025-07-23 | 3.75x |
| 2025-07-22 | 3.71x |
| 2025-07-21 | 3.68x |
| 2025-07-18 | 3.72x |
| 2025-07-17 | 3.71x |
| 2025-07-16 | 3.63x |
| 2025-07-15 | 3.66x |
| 2025-07-14 | 3.75x |
| 2025-07-11 | 3.81x |
| 2025-07-10 | 3.81x |
| 2025-07-09 | 3.86x |
| 2025-07-08 | 3.89x |
| 2025-07-07 | 3.70x |
| 2025-07-03 | 3.75x |
| 2025-07-02 | 3.76x |
| 2025-07-01 | 3.70x |
| 2025-06-30 | 3.63x |
| 2025-06-27 | 3.67x |
| 2025-06-26 | 3.69x |
| 2025-06-25 | 3.66x |
| 2025-06-24 | 3.68x |
| 2025-06-23 | 3.72x |
| 2025-06-20 | 3.84x |
| 2025-06-18 | 3.82x |
| 2025-06-17 | 3.87x |
| 2025-06-16 | 3.86x |
| 2025-06-13 | 3.90x |
Showing the most recent 260 of 4,138 data points. The chart above shows the full history.
Related Metrics
About Devon Energy Corporation
As an independent energy producer, Devon Energy Corporation primarily focuses on the exploration, development, and extraction of oil, natural gas, and natural gas liquids within the United States. The company manages roughly 5,134 gross wells. Established in 1971, its corporate headquarters are located in Oklahoma City, Oklahoma.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Clay Gaspar