What is the P/E ratio for Devon Energy Corporation (DVN)?

The P/E ratio for DVN stock is 11.18.

What is the TTM average P/E ratio for Devon Energy Corporation (DVN)?

The TTM average P/E ratio for DVN stock is 10.29.

What is the 3Y average P/E ratio for Devon Energy Corporation (DVN)?

The 3Y average P/E ratio for DVN stock is 8.13.

What is the 5Y average P/E ratio for Devon Energy Corporation (DVN)?

The 5Y average P/E ratio for DVN stock is 8.48.

What is the 10Y average P/E ratio for Devon Energy Corporation (DVN)?

The 10Y average P/E ratio for DVN stock is 8.39.

What is the 15Y average P/E ratio for Devon Energy Corporation (DVN)?

The 15Y average P/E ratio for DVN stock is 9.09.

What is the 20Y average P/E ratio for Devon Energy Corporation (DVN)?

The 20Y average P/E ratio for DVN stock is 9.36.

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Devon Energy Corporation(DVN)

Oil & Gas Exploration & Production · Houston, TX

$47.05-1.85 (-3.78%)

Delayed quote: Sep 25, 2026, 4:00 PM EDT

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Devon Energy (DVN) PE Ratio: History & Chart | TGMCharts

PE Ratio: 11.18

Name: Devon Energy Corporation (DVN) PE Ratio — historical time series
Creator: TGMCharts

Basis: FMP quote price / unrounded diluted EPS from four consecutive issuer fiscal quarters. Source: stored company filings and market data; unavailable inputs remain N/A.

Is the P/E ratio high or low?

The P/E ratio of 11.18 is 32% above its 5-year average of 8.48, near the low end of its 5-year range (4.94–221.00).

As of 2026-09-26T00:15:42.239Z. 8.67% above its 12-month average of 10.29.

Stored calculation inputs

Calculation as of: 2026-09-26T00:15:42.239Z.

Quote observation: 2026-09-25T20:00:03.000Z. Amounts in USD. The price header may show a later quote.

Quote price: 47.05
Unrounded diluted TTM EPS · period ending 2026-06-30: 4.21

FMP input reference: 7515487c4adb556aa6407af159b122910d3b05d990cabcf24f9210f61b8cb851

PE Ratio (11.18) = Close Price ($47.05) / Diluted TTM EPS ($4.21)

Forward PE Ratio|PEG Ratio|P/B Ratio|EPS|All Metrics

PE Ratio

DVN PE Ratio Chart

11.18

DVN PE Ratio

DVN Average PE Ratio Chart

DVN PE Ratio

DVN Current vs Average PE Ratio Chart

DVN PE Ratio Metrics

PE RATIO

11.18

PE RATIO AVG TTM

10.29

PE RATIO AVG 3Y

8.13

PE RATIO AVG 5Y

8.48

PE RATIO AVG 10Y

8.39

PE RATIO AVG 15Y

9.09

PE RATIO AVG 20Y

9.36

CURRENT VS TTM AVG

+8.67%

CURRENT VS 3Y AVG

+37.58%

CURRENT VS 5Y AVG

+31.91%

CURRENT VS 10Y AVG

+33.28%

CURRENT VS 15Y AVG

+22.97%

CURRENT VS 20Y AVG

+19.49%

SECTOR MEDIAN · ENERGY

15.16

median of 45 covered companies

CURRENT VS SECTOR MEDIAN

-26.25%

vs the sector median at left

DVN Competitors' PE Ratio

DVN

Devon Energy Corporation

Current

Market Cap

$51.76B

PE Ratio

11.18

TTM Avg

10.29

3Y Avg

8.13

5Y Avg

8.48

FANG

Diamondback Energy, Inc.

vs DVN

Market Cap

$52.51B

PE Ratio

36.46

TTM Avg

71.31

3Y Avg

30.22

5Y Avg

24.84

OKE

ONEOK, Inc.

vs DVN

Market Cap

$55.85B

PE Ratio

15.28

TTM Avg

15.01

3Y Avg

16.22

5Y Avg

16.64

OXY

Occidental Petroleum Corporation

vs DVN

Market Cap

$56.55B

PE Ratio

8.75

TTM Avg

24.58

3Y Avg

18.51

5Y Avg

15.96

BKR

Baker Hughes Company

vs DVN

Market Cap

$57.41B

PE Ratio

18.59

TTM Avg

19.31

3Y Avg

18.42

5Y Avg

32.19

MPLX

MPLX Lp

vs DVN

Market Cap

$57.64B

PE Ratio

12.22

TTM Avg

11.96

3Y Avg

11.35

5Y Avg

10.83

TRGP

Targa Resources Corp.

vs DVN

Market Cap

$59.64B

PE Ratio

26.46

TTM Avg

26.22

3Y Avg

27.90

5Y Avg

35.65

TRP

TC Energy Corporation

vs DVN

Market Cap

$61.19B

PE Ratio

24.54

TTM Avg

25.19

3Y Avg

20.22

5Y Avg

23.75

CCJ

Cameco Corporation

vs DVN

Market Cap

$38.36B

PE Ratio

148.98

TTM Avg

114.24

3Y Avg

134.72

5Y Avg

137.12

KMI

Kinder Morgan, Inc.

vs DVN

Market Cap

$68.47B

PE Ratio

19.71

TTM Avg

22.37

3Y Avg

20.76

5Y Avg

20.85

NAME	MARKET CAP	PE RATIO	TTM	3Y	5Y
Devon Energy Corporation (DVN)	$51.76B	11.18	10.29	8.13	8.48
Diamondback Energy, Inc. (FANG)vs ›	$52.51B	36.46	71.31	30.22	24.84
ONEOK, Inc. (OKE)vs ›	$55.85B	15.28	15.01	16.22	16.64
Occidental Petroleum Corporation (OXY)vs ›	$56.55B	8.75	24.58	18.51	15.96
Baker Hughes Company (BKR)vs ›	$57.41B	18.59	19.31	18.42	32.19
MPLX Lp (MPLX)vs ›	$57.64B	12.22	11.96	11.35	10.83
Targa Resources Corp. (TRGP)vs ›	$59.64B	26.46	26.22	27.90	35.65
TC Energy Corporation (TRP)vs ›	$61.19B	24.54	25.19	20.22	23.75
Cameco Corporation (CCJ)vs ›	$38.36B	148.98	114.24	134.72	137.12
Kinder Morgan, Inc. (KMI)vs ›	$68.47B	19.71	22.37	20.76	20.85

P/E vs. its own history

At 11.2, P/E is above its 20-year median — higher than 65% of readings in its 20-year history.

20-year low

2.5

median

9.1

20-year high

221.0

20-year low20-year high

P/E Comparison

Trailing P/E

11.2

Forward P/E

9.2

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$47.05

Forward EPS (Est.)

$5.12

Forward P/E

9.19

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

PE Ratio FAQ

What is the P/E ratio for Devon Energy Corporation (DVN)?: The P/E ratio for DVN stock is 11.18.
Is Devon Energy Corporation's P/E ratio high or low?: The P/E ratio of 11.18 is 32% above its 5-year average of 8.48, near the low end of its 5-year range (4.94–221.00).
What is the TTM average P/E ratio for Devon Energy Corporation (DVN)?: The TTM average P/E ratio for DVN stock is 10.29.
What is the 3Y average P/E ratio for Devon Energy Corporation (DVN)?: The 3Y average P/E ratio for DVN stock is 8.13.
What is the 5Y average P/E ratio for Devon Energy Corporation (DVN)?: The 5Y average P/E ratio for DVN stock is 8.48.
What is the 10Y average P/E ratio for Devon Energy Corporation (DVN)?: The 10Y average P/E ratio for DVN stock is 8.39.
What is the 15Y average P/E ratio for Devon Energy Corporation (DVN)?: The 15Y average P/E ratio for DVN stock is 9.09.
What is the 20Y average P/E ratio for Devon Energy Corporation (DVN)?: The 20Y average P/E ratio for DVN stock is 9.36.

DVN PE Ratio History

DATE	PE RATIO
2026-09-11	11.93
2026-09-10	11.88
2026-09-09	11.63
2026-09-08	11.50
2026-09-04	11.42
2026-09-03	11.59
2026-09-02	11.65
2026-09-01	11.65
2026-08-31	11.52
2026-08-28	11.25
2026-08-27	11.19
2026-08-26	11.12
2026-08-25	11.14
2026-08-24	11.46
2026-08-21	11.66
2026-08-20	11.71
2026-08-19	11.45
2026-08-18	11.36
2026-08-17	11.30
2026-08-14	10.89
2026-08-13	10.54
2026-08-12	10.66
2026-08-11	10.78
2026-08-10	10.77
2026-08-07	10.21
2026-08-06	10.24
2026-08-05	11.72
2026-08-04	12.27
2026-08-03	12.42
2026-07-31	12.57
2026-07-30	12.30
2026-07-29	12.38
2026-07-28	11.88
2026-07-27	12.02
2026-07-24	12.55
2026-07-23	12.62
2026-07-22	12.50
2026-07-21	12.28
2026-07-20	12.19
2026-07-17	12.21
2026-07-16	11.99
2026-07-15	11.96
2026-07-14	12.09
2026-07-13	12.18
2026-07-10	11.76
2026-07-09	11.70
2026-07-08	12.06
2026-07-07	11.81
2026-07-06	11.24
2026-07-02	11.27
2026-07-01	11.21
2026-06-30	11.51
2026-06-29	11.70
2026-06-26	11.76
2026-06-25	11.87
2026-06-24	11.91
2026-06-23	12.09
2026-06-22	11.99
2026-06-18	11.73
2026-06-17	11.86
2026-06-16	11.95
2026-06-15	12.13
2026-06-12	12.62
2026-06-11	12.43
2026-06-10	12.98
2026-06-09	12.28
2026-06-08	12.56
2026-06-05	12.33
2026-06-04	12.81
2026-06-03	12.86
2026-06-02	12.87
2026-06-01	12.90
2026-05-29	12.39
2026-05-28	12.29
2026-05-27	12.33
2026-05-26	12.57
2026-05-22	13.15
2026-05-21	13.12
2026-05-20	13.50
2026-05-19	13.84
2026-05-18	13.84
2026-05-15	13.79
2026-05-14	13.16
2026-05-13	13.06
2026-05-12	13.03
2026-05-11	13.02
2026-05-08	12.70
2026-05-07	12.62
2026-05-06	11.18
2026-05-05	12.23
2026-05-04	12.29
2026-05-01	12.12
2026-04-30	12.32
2026-04-29	12.25
2026-04-28	11.87
2026-04-27	11.56
2026-04-24	11.50
2026-04-23	11.55
2026-04-22	11.30
2026-04-21	10.94
2026-04-20	10.78
2026-04-17	10.61
2026-04-16	10.98
2026-04-15	10.85
2026-04-14	10.85
2026-04-13	11.34
2026-04-10	11.46
2026-04-09	11.48
2026-04-08	11.49
2026-04-07	11.98
2026-04-06	11.91
2026-04-02	11.87
2026-04-01	11.65
2026-03-31	12.07
2026-03-30	12.35
2026-03-27	12.49
2026-03-26	12.31
2026-03-25	12.09
2026-03-24	12.06
2026-03-23	11.63
2026-03-20	11.67
2026-03-19	11.70
2026-03-18	11.55
2026-03-17	11.37
2026-03-16	11.19
2026-03-13	11.09
2026-03-12	11.08
2026-03-11	10.88
2026-03-10	10.48
2026-03-09	10.75
2026-03-06	10.67
2026-03-05	10.68
2026-03-04	10.43
2026-03-03	10.55
2026-03-02	10.78
2026-02-27	10.44
2026-02-26	10.23
2026-02-25	10.22
2026-02-24	10.38
2026-02-23	10.47
2026-02-20	10.65
2026-02-19	10.71
2026-02-18	10.43
2026-02-17	10.34
2026-02-13	10.48
2026-02-12	10.32
2026-02-11	10.55
2026-02-10	10.21
2026-02-09	10.21
2026-02-06	10.28
2026-02-05	10.13
2026-02-04	10.19
2026-02-03	9.65
2026-02-02	9.42
2026-01-30	9.44
2026-01-29	9.38
2026-01-28	9.35
2026-01-27	9.26
2026-01-26	9.07
2026-01-23	9.07
2026-01-22	8.92
2026-01-21	8.86
2026-01-20	8.52
2026-01-16	8.50
2026-01-15	8.53
2026-01-14	8.90
2026-01-13	8.65
2026-01-12	8.38
2026-01-09	8.39
2026-01-08	8.47
2026-01-07	8.09
2026-01-06	8.42
2026-01-05	8.58
2026-01-02	8.89
2025-12-31	8.60
2025-12-30	8.64
2025-12-29	8.49
2025-12-26	8.37
2025-12-24	8.50
2025-12-23	8.53
2025-12-22	8.55
2025-12-19	8.41
2025-12-18	8.38
2025-12-17	8.67
2025-12-16	8.24
2025-12-15	8.49
2025-12-12	8.81
2025-12-11	8.81
2025-12-10	9.02
2025-12-09	8.78
2025-12-08	8.82
2025-12-05	8.80
2025-12-04	8.85
2025-12-03	8.85
2025-12-02	8.75
2025-12-01	8.89
2025-11-28	8.70
2025-11-26	8.54
2025-11-25	8.41
2025-11-24	8.43
2025-11-21	8.37
2025-11-20	8.25
2025-11-19	8.28
2025-11-18	8.42
2025-11-17	8.23
2025-11-14	8.41
2025-11-13	8.23
2025-11-12	8.27
2025-11-11	8.25
2025-11-10	7.96
2025-11-07	7.91
2025-11-06	7.26
2025-11-05	7.23
2025-11-04	7.28
2025-11-03	7.34
2025-10-31	7.27
2025-10-30	7.16
2025-10-29	7.17
2025-10-28	7.16
2025-10-27	7.37
2025-10-24	7.38
2025-10-23	7.48
2025-10-22	7.25
2025-10-21	7.17
2025-10-20	7.14
2025-10-17	7.10
2025-10-16	7.17
2025-10-15	7.30
2025-10-14	7.32
2025-10-13	7.43
2025-10-10	7.27
2025-10-09	7.68
2025-10-08	7.82
2025-10-07	7.83
2025-10-06	7.81
2025-10-03	7.73
2025-10-02	7.68
2025-10-01	7.90
2025-09-30	7.84
2025-09-29	7.95
2025-09-26	8.28
2025-09-25	8.00
2025-09-24	7.88
2025-09-23	7.71
2025-09-22	7.54
2025-09-19	7.60
2025-09-18	7.83
2025-09-17	7.92
2025-09-16	7.82
2025-09-15	7.55
2025-09-12	7.78
2025-09-11	7.89
2025-09-10	7.95
2025-09-09	7.68
2025-09-08	7.72
2025-09-05	7.78
2025-09-04	7.96
2025-09-03	7.85
2025-09-02	8.15
2025-08-29	8.08

Showing the most recent 260 of 3,488 data points. The chart above shows the full history.

See the Lowest P/E Ratio Stocks ranking →

PE Ratio: 11.18

DVN PE Ratio Chart

DVN Average PE Ratio Chart

DVN Current vs Average PE Ratio Chart

DVN PE Ratio Metrics

DVN Competitors' PE Ratio

P/E vs. its own history

P/E Comparison

Forward P/E Calculation

PE Ratio Formula & Definition

PE Ratio FAQ

DVN PE Ratio History

Related Metrics