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DVNDevon Energy Corporation

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.

Quick Ratio

DVN Quick Ratio

0.94

Reported quarterly quick ratio; no daily interpolation.

-6.27% 5Y
DVN Quick Ratio (Acid-Test)

DVN Average Quick Ratio (Acid-Test) Chart

DVN Quick Ratio (Acid-Test)

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)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Devon Energy Corporation (DVN)$26.23B0.940.960.971.05
First Solar, Inc. (FSLR)vs ›$25.69B2.202.002.422.61
Texas Pacific Land Corporation (TPL)vs ›$27.30B4.406.378.917.91
Coterra Energy Inc. (CTRA)vs ›$24.72B1.162.021.751.63
Halliburton Company (HAL)vs ›$28.58B1.511.521.511.57
Tenaris S.A. (TS)vs ›$30.06B2.332.212.082.01
Expand Energy Corporation (EXE)vs ›$21.16B1.010.821.160.98
EQT Corporation (EQT)vs ›$32.96B0.760.730.880.78
APA Corporation (APA)vs ›$11.67B0.690.850.830.88
Antero Midstream Corporation (AM)vs ›$11.01B3.412.291.601.36

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

DATEQUICK RATIO (ACID-TEST)
2026-03-310.94
2025-12-310.90
2025-09-300.87
2025-06-301.13
2025-03-310.99
2024-12-310.95
2024-09-301.01
2024-06-301.03
2024-03-310.97
2023-12-310.99
2023-09-300.89
2023-06-300.90
2023-03-311.02
2022-12-311.19
2022-09-301.16
2022-06-301.55
2022-03-311.32
2021-12-311.34
2021-09-301.21
2021-06-301.00
2021-03-311.18
2020-12-312.26
2020-09-302.03
2020-06-302.33
2020-03-312.61
2019-12-312.00
2019-09-301.72
2019-06-301.49
2019-03-311.37
2018-12-311.99
2018-09-301.48
2018-06-301.65
2018-03-311.04
2017-12-311.45
2017-09-301.63
2017-06-301.61
2017-03-311.53
2016-12-311.44
2016-09-301.56
2016-06-301.36
2016-03-311.13
2015-12-311.22
2015-09-301.23
2015-06-301.18
2015-03-311.04
2014-12-311.09
2014-09-301.00
2014-06-300.94
2014-03-310.66
2013-12-311.20
2013-09-301.32
2013-06-301.31
2013-03-311.24
2012-12-311.48
2012-09-301.72
2012-06-301.86
2012-03-311.45
2011-12-311.37
2011-09-301.59
2011-06-301.96
2011-03-310.97
2010-12-311.21
2010-09-301.34
2010-06-301.48
2010-03-311.21
2009-12-310.79
2009-09-300.76
2009-06-300.74
2009-03-310.73
2008-12-310.79
2008-09-301.12
2008-06-300.90
2008-03-310.93
2007-12-311.03
2007-09-300.77
2007-06-300.72
2007-03-310.62
2006-12-310.69
2006-09-300.77
2006-06-300.73
2006-03-311.30
2005-12-311.43
2005-09-301.22
2005-06-301.41
2005-03-311.16
2004-12-311.16
2004-09-301.02
2004-06-300.96
2004-03-310.97
2003-12-311.11
2003-09-301.07
2003-06-300.80
2003-03-311.10
2002-12-311.00
2002-09-300.81
2002-06-301.06

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