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DVNDevon Energy Corporation

Free Cash Flow Yield: 10.22%

Is the free cash flow yield high or low?

The free cash flow yield of 10.22% is 17% above its 5-year average of 8.74%, around the middle of its 5-year range (1.61%–15.34%).

As of Monday, June 29, 2026. 8.92% below its 12-month average of 11.22%.

Free Cash Flow Yield

DVN Free Cash Flow Yield Chart

10.22%
-30.52% 1Y
DVN Free Cash Flow Yield

DVN Average Free Cash Flow Yield Chart

DVN Free Cash Flow Yield

DVN Current vs Average Free Cash Flow Yield Chart

DVN Free Cash Flow Yield Metrics

FREE CASH FLOW YIELD

10.22%

FREE CASH FLOW YIELD AVG TTM

11.22%

FREE CASH FLOW YIELD AVG 3Y

10.32%

FREE CASH FLOW YIELD AVG 5Y

8.86%

FREE CASH FLOW YIELD AVG 10Y

5.73%

FREE CASH FLOW YIELD AVG 15Y

5.73%

FREE CASH FLOW YIELD AVG 20Y

4.81%

CURRENT VS TTM AVG

-8.92%

CURRENT VS 3Y AVG

-1.00%

CURRENT VS 5Y AVG

+15.29%

CURRENT VS 10Y AVG

+78.41%

CURRENT VS 15Y AVG

+78.41%

CURRENT VS 20Y AVG

+112.45%

DVN Competitors' Free Cash Flow Yield

NAMEMARKET CAPFREE CASH FLOW YIELDTTM3Y5Y
Devon Energy Corporation (DVN)$26.23B10.22%11.22%10.32%8.86%
First Solar, Inc. (FSLR)vs ›$25.69B6.48%4.17%4.17%4.17%
Texas Pacific Land Corporation (TPL)vs ›$27.30B1.81%1.84%2.23%2.36%
Coterra Energy Inc. (CTRA)vs ›$24.72B8.01%7.13%8.73%8.88%
Halliburton Company (HAL)vs ›$28.58B5.84%7.98%8.02%6.35%
Tenaris S.A. (TS)vs ›$30.06B6.47%7.81%12.83%9.68%
Expand Energy Corporation (EXE)vs ›$21.16B13.44%6.46%5.75%8.51%
EQT Corporation (EQT)vs ›$32.96B12.33%7.66%7.12%7.93%
APA Corporation (APA)vs ›$11.67B12.71%17.46%12.63%14.79%
Antero Midstream Corporation (AM)vs ›$11.01B8.26%10.02%8.57%8.95%

Yield Comparison

FCF Yield

10.22%

Earnings Yield

8.50%

Dividend Yield

3.03%

Formula: FCF Yield = (Free Cash Flow / Market Cap) × 100

How FCF Yield is used:

  • Shows free cash flow after capital expenditures relative to market cap
  • Can be compared with earnings yield and dividend yield
  • Can be compared with the company's historical range
  • Can be compared with peers that report positive free cash flow

FCF vs earnings: Differences between FCF yield and earnings yield can reflect capital expenditures, working capital changes, and other non-cash accounting items.

Free Cash Flow Yield Formula & Definition

FCF Yield measures free cash flow relative to market capitalization. It compares cash generation after capital expenditures with the equity value of the company.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Free Cash Flow Yield FAQ

What is the free cash flow yield for Devon Energy Corporation (DVN)?
The free cash flow yield for DVN stock is 10.22%.
Is Devon Energy Corporation's free cash flow yield high or low?
The free cash flow yield of 10.22% is 17% above its 5-year average of 8.74%, around the middle of its 5-year range (1.61%–15.34%).
What is the TTM average free cash flow yield for Devon Energy Corporation (DVN)?
The TTM average free cash flow yield for DVN stock is 11.22%.
What is the 3Y average free cash flow yield for Devon Energy Corporation (DVN)?
The 3Y average free cash flow yield for DVN stock is 10.32%.
What is the 5Y average free cash flow yield for Devon Energy Corporation (DVN)?
The 5Y average free cash flow yield for DVN stock is 8.86%.
What is the 10Y average free cash flow yield for Devon Energy Corporation (DVN)?
The 10Y average free cash flow yield for DVN stock is 5.73%.
What is the 15Y average free cash flow yield for Devon Energy Corporation (DVN)?
The 15Y average free cash flow yield for DVN stock is 5.73%.
What is the 20Y average free cash flow yield for Devon Energy Corporation (DVN)?
The 20Y average free cash flow yield for DVN stock is 4.81%.

DVN Free Cash Flow Yield History

DATEFREE CASH FLOW YIELD
2026-06-2610.22%
2026-06-2510.13%
2026-06-2410.10%
2026-06-239.95%
2026-06-2210.03%
2026-06-1810.25%
2026-06-1710.14%
2026-06-1610.06%
2026-06-159.92%
2026-06-129.52%
2026-06-119.68%
2026-06-109.26%
2026-06-099.79%
2026-06-089.58%
2026-06-059.75%
2026-06-049.39%
2026-06-039.35%
2026-06-029.34%
2026-06-019.32%
2026-05-299.70%
2026-05-289.78%
2026-05-279.75%
2026-05-269.56%
2026-05-229.14%
2026-05-219.17%
2026-05-208.90%
2026-05-198.69%
2026-05-188.69%
2026-05-158.73%
2026-05-149.14%
2026-05-139.21%
2026-05-129.23%
2026-05-119.23%
2026-05-089.46%
2026-05-079.52%
2026-05-069.26%
2026-05-059.62%
2026-05-049.57%
2026-05-019.70%
2026-04-309.54%
2026-04-299.60%
2026-04-289.91%
2026-04-2710.17%
2026-04-2410.22%
2026-04-2310.18%
2026-04-2210.41%
2026-04-2110.75%
2026-04-2010.92%
2026-04-1711.09%
2026-04-1610.71%
2026-04-1510.85%
2026-04-1410.83%
2026-04-1310.37%
2026-04-1010.26%
2026-04-0910.25%
2026-04-0810.24%
2026-04-079.81%
2026-04-069.87%
2026-04-029.91%
2026-04-0110.09%
2026-03-319.75%
2026-03-309.51%
2026-03-279.42%
2026-03-269.55%
2026-03-259.73%
2026-03-249.76%
2026-03-2310.11%
2026-03-2010.08%
2026-03-1910.05%
2026-03-1810.18%
2026-03-1710.34%
2026-03-1610.52%
2026-03-1310.60%
2026-03-1210.62%
2026-03-1110.81%
2026-03-1011.22%
2026-03-0910.94%
2026-03-0611.03%
2026-03-0511.01%
2026-03-0411.27%
2026-03-0311.15%
2026-03-0210.91%
2026-02-2711.26%
2026-02-2611.49%
2026-02-2511.51%
2026-02-2411.33%
2026-02-2311.22%
2026-02-2011.05%
2026-02-1910.98%
2026-02-1811.04%
2026-02-1710.82%
2026-02-1310.67%
2026-02-1210.85%
2026-02-1110.60%
2026-02-1010.96%
2026-02-0910.96%
2026-02-0610.88%
2026-02-0511.04%
2026-02-0410.99%
2026-02-0311.59%
2026-02-0211.88%
2026-01-3011.85%
2026-01-2911.93%
2026-01-2811.96%
2026-01-2712.08%
2026-01-2612.33%
2026-01-2312.33%
2026-01-2212.55%
2026-01-2112.63%
2026-01-2013.14%
2026-01-1613.16%
2026-01-1513.12%
2026-01-1412.56%
2026-01-1312.94%
2026-01-1213.33%
2026-01-0913.33%
2026-01-0813.21%
2026-01-0713.83%
2026-01-0613.28%
2026-01-0513.04%
2026-01-0212.58%
2025-12-3113.00%
2025-12-3012.94%
2025-12-2913.18%
2025-12-2613.37%
2025-12-2413.16%
2025-12-2313.11%
2025-12-2213.09%
2025-12-1913.30%
2025-12-1813.33%
2025-12-1712.90%
2025-12-1613.59%
2025-12-1513.18%
2025-12-1212.71%
2025-12-1112.69%
2025-12-1012.41%
2025-12-0912.74%
2025-12-0812.69%
2025-12-0512.72%
2025-12-0412.64%
2025-12-0312.64%
2025-12-0212.79%
2025-12-0112.59%
2025-11-2812.85%
2025-11-2613.09%
2025-11-2513.30%
2025-11-2413.26%
2025-11-2113.37%
2025-11-2013.55%
2025-11-1913.51%
2025-11-1813.28%
2025-11-1713.59%
2025-11-1413.30%
2025-11-1313.61%
2025-11-1213.53%
2025-11-1113.55%
2025-11-1014.04%
2025-11-0714.14%
2025-11-0614.71%
2024-11-0512.14%
2024-11-0412.20%
2024-11-0112.45%
2024-10-3112.33%
2024-10-3012.44%
2024-10-2912.52%
2024-10-2812.36%
2024-10-2512.18%
2024-10-2412.08%
2024-10-2312.08%
2024-10-2211.88%
2024-10-2111.90%
2024-10-1811.74%
2024-10-1711.76%
2024-10-1611.72%
2024-10-1511.59%
2024-10-1411.14%
2024-10-1111.11%
2024-10-1011.14%
2024-10-0911.38%
2024-10-0811.45%
2024-10-0711.20%
2024-10-0411.25%
2024-10-0311.42%
2024-10-0211.78%
2024-10-0112.00%
2024-09-3012.20%
2024-09-2712.25%
2024-09-2612.59%
2024-09-2511.99%
2024-09-2411.64%
2024-09-2311.60%
2024-09-2011.70%
2024-09-1911.66%
2024-09-1811.82%
2024-09-1711.79%
2024-09-1612.03%
2024-09-1312.09%
2024-09-1211.93%
2024-09-1111.95%
2024-09-1011.86%
2024-09-0911.52%
2024-09-0611.55%
2024-09-0511.34%
2024-09-0411.30%
2024-09-0311.10%
2024-08-3010.66%
2024-08-2910.60%
2024-08-2810.71%
2024-08-2710.68%
2024-08-2610.57%
2024-08-2310.67%
2024-08-2210.93%
2024-08-2110.88%
2024-08-2010.83%
2024-08-1910.56%
2024-08-1610.58%
2024-08-1510.50%
2024-08-1410.73%
2024-08-1310.70%
2024-08-1210.53%
2024-08-0910.63%
2024-08-0810.58%
2024-08-0711.05%
2024-08-0610.52%
2024-08-0510.64%
2024-08-0210.31%
2024-08-019.79%
2024-07-319.38%
2024-07-309.56%
2024-07-299.66%
2024-07-269.52%
2024-07-259.53%
2024-07-249.68%
2024-07-239.61%
2024-07-229.43%
2024-07-199.24%
2024-07-189.11%
2024-07-179.07%
2024-07-169.15%
2024-07-159.18%
2024-07-129.50%
2024-07-119.51%
2024-07-109.62%
2024-07-099.58%
2024-07-089.49%
2024-07-059.38%
2024-07-039.17%
2024-07-029.24%
2024-07-019.24%
2024-06-289.31%
2024-06-279.39%
2024-06-269.44%
2024-06-259.32%
2024-06-249.26%
2024-06-219.63%
2024-06-209.60%
2024-06-189.67%
2024-06-179.64%
2024-06-149.69%
2024-06-139.64%

Showing the most recent 260 of 2,393 data points. The chart above shows the full history.

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.

Oklahoma City, OK
2,300 employees
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Clay Gaspar