Quick Ratio (Acid-Test): 0.94
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.94 is 12% below its 5-year average of 1.07, near the low end of its 5-year range (0.87–1.55).
As of Monday, June 29, 2026. 2.67% below its 12-month average of 0.96.
DVN Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
DVN Average Quick Ratio (Acid-Test) Chart
DVN Current vs Average Quick Ratio (Acid-Test) Chart
DVN Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.94
QUICK RATIO (ACID-TEST) AVG TTM
0.96
QUICK RATIO (ACID-TEST) AVG 3Y
0.97
QUICK RATIO (ACID-TEST) AVG 5Y
1.05
QUICK RATIO (ACID-TEST) AVG 10Y
1.34
QUICK RATIO (ACID-TEST) AVG 15Y
1.32
QUICK RATIO (ACID-TEST) AVG 20Y
1.21
CURRENT VS TTM AVG
-2.67%
CURRENT VS 3Y AVG
-2.96%
CURRENT VS 5Y AVG
-10.49%
CURRENT VS 10Y AVG
-29.97%
CURRENT VS 15Y AVG
-29.10%
CURRENT VS 20Y AVG
-22.54%
DVN Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $26.23B | 0.94 | 0.96 | 0.97 | 1.05 |
| First Solar, Inc. (FSLR)vs › | $25.69B | 2.20 | 2.00 | 2.42 | 2.61 |
| Texas Pacific Land Corporation (TPL)vs › | $27.30B | 4.40 | 6.37 | 8.91 | 7.91 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 1.16 | 2.02 | 1.75 | 1.63 |
| Halliburton Company (HAL)vs › | $28.58B | 1.51 | 1.52 | 1.51 | 1.57 |
| Tenaris S.A. (TS)vs › | $30.06B | 2.33 | 2.21 | 2.08 | 2.01 |
| Expand Energy Corporation (EXE)vs › | $21.16B | 1.01 | 0.82 | 1.16 | 0.98 |
| EQT Corporation (EQT)vs › | $32.96B | 0.76 | 0.73 | 0.88 | 0.78 |
| APA Corporation (APA)vs › | $11.67B | 0.69 | 0.85 | 0.83 | 0.88 |
| Antero Midstream Corporation (AM)vs › | $11.01B | 3.41 | 2.29 | 1.60 | 1.36 |
Liquidity Comparison
Quick Ratio
0.94
Excludes inventory
Current Ratio
0.98
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Devon Energy Corporation (DVN)?
- The quick ratio (acid-test) for DVN stock is 0.94.
- Is Devon Energy Corporation's quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 0.94 is 12% below its 5-year average of 1.07, near the low end of its 5-year range (0.87–1.55).
- What is the TTM average quick ratio (acid-test) for Devon Energy Corporation (DVN)?
- The TTM average quick ratio (acid-test) for DVN stock is 0.96.
- What is the 3Y average quick ratio (acid-test) for Devon Energy Corporation (DVN)?
- The 3Y average quick ratio (acid-test) for DVN stock is 0.97.
- What is the 5Y average quick ratio (acid-test) for Devon Energy Corporation (DVN)?
- The 5Y average quick ratio (acid-test) for DVN stock is 1.05.
- What is the 10Y average quick ratio (acid-test) for Devon Energy Corporation (DVN)?
- The 10Y average quick ratio (acid-test) for DVN stock is 1.34.
- What is the 15Y average quick ratio (acid-test) for Devon Energy Corporation (DVN)?
- The 15Y average quick ratio (acid-test) for DVN stock is 1.32.
- What is the 20Y average quick ratio (acid-test) for Devon Energy Corporation (DVN)?
- The 20Y average quick ratio (acid-test) for DVN stock is 1.21.
DVN Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-03-31 | 0.94 |
| 2025-12-31 | 0.90 |
| 2025-09-30 | 0.87 |
| 2025-06-30 | 1.13 |
| 2025-03-31 | 0.99 |
| 2024-12-31 | 0.95 |
| 2024-09-30 | 1.01 |
| 2024-06-30 | 1.03 |
| 2024-03-31 | 0.97 |
| 2023-12-31 | 0.99 |
| 2023-09-30 | 0.89 |
| 2023-06-30 | 0.90 |
| 2023-03-31 | 1.02 |
| 2022-12-31 | 1.19 |
| 2022-09-30 | 1.16 |
| 2022-06-30 | 1.55 |
| 2022-03-31 | 1.32 |
| 2021-12-31 | 1.34 |
| 2021-09-30 | 1.21 |
| 2021-06-30 | 1.00 |
| 2021-03-31 | 1.18 |
| 2020-12-31 | 2.26 |
| 2020-09-30 | 2.03 |
| 2020-06-30 | 2.33 |
| 2020-03-31 | 2.61 |
| 2019-12-31 | 2.00 |
| 2019-09-30 | 1.72 |
| 2019-06-30 | 1.49 |
| 2019-03-31 | 1.37 |
| 2018-12-31 | 1.99 |
| 2018-09-30 | 1.48 |
| 2018-06-30 | 1.65 |
| 2018-03-31 | 1.04 |
| 2017-12-31 | 1.45 |
| 2017-09-30 | 1.63 |
| 2017-06-30 | 1.61 |
| 2017-03-31 | 1.53 |
| 2016-12-31 | 1.44 |
| 2016-09-30 | 1.56 |
| 2016-06-30 | 1.36 |
| 2016-03-31 | 1.13 |
| 2015-12-31 | 1.22 |
| 2015-09-30 | 1.23 |
| 2015-06-30 | 1.18 |
| 2015-03-31 | 1.04 |
| 2014-12-31 | 1.09 |
| 2014-09-30 | 1.00 |
| 2014-06-30 | 0.94 |
| 2014-03-31 | 0.66 |
| 2013-12-31 | 1.20 |
| 2013-09-30 | 1.32 |
| 2013-06-30 | 1.31 |
| 2013-03-31 | 1.24 |
| 2012-12-31 | 1.48 |
| 2012-09-30 | 1.72 |
| 2012-06-30 | 1.86 |
| 2012-03-31 | 1.45 |
| 2011-12-31 | 1.37 |
| 2011-09-30 | 1.59 |
| 2011-06-30 | 1.96 |
| 2011-03-31 | 0.97 |
| 2010-12-31 | 1.21 |
| 2010-09-30 | 1.34 |
| 2010-06-30 | 1.48 |
| 2010-03-31 | 1.21 |
| 2009-12-31 | 0.79 |
| 2009-09-30 | 0.76 |
| 2009-06-30 | 0.74 |
| 2009-03-31 | 0.73 |
| 2008-12-31 | 0.79 |
| 2008-09-30 | 1.12 |
| 2008-06-30 | 0.90 |
| 2008-03-31 | 0.93 |
| 2007-12-31 | 1.03 |
| 2007-09-30 | 0.77 |
| 2007-06-30 | 0.72 |
| 2007-03-31 | 0.62 |
| 2006-12-31 | 0.69 |
| 2006-09-30 | 0.77 |
| 2006-06-30 | 0.73 |
| 2006-03-31 | 1.30 |
| 2005-12-31 | 1.43 |
| 2005-09-30 | 1.22 |
| 2005-06-30 | 1.41 |
| 2005-03-31 | 1.16 |
| 2004-12-31 | 1.16 |
| 2004-09-30 | 1.02 |
| 2004-06-30 | 0.96 |
| 2004-03-31 | 0.97 |
| 2003-12-31 | 1.11 |
| 2003-09-30 | 1.07 |
| 2003-06-30 | 0.80 |
| 2003-03-31 | 1.10 |
| 2002-12-31 | 1.00 |
| 2002-09-30 | 0.81 |
| 2002-06-30 | 1.06 |
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