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DVNDevon Energy Corporation

Debt to Equity Ratio: 0.56

popular:market cap|pe ratio|revenue|price history|total return

Is the debt to equity ratio high or low?

The debt to equity ratio of 0.56 is 12% below its 5-year average of 0.63, near the low end of its 5-year range (0.51–0.90).

As of Monday, June 29, 2026. 3.73% below its 12-month average of 0.58.

Current Ratio|Quick Ratio|ROE|All Metrics
Debt to Equity

DVN Debt to Equity Ratio

0.56

Reported quarterly debt to equity ratio; no daily interpolation.

-30.81% 5Y
DVN Debt to Equity Ratio

DVN Average Debt to Equity Ratio Chart

DVN Debt to Equity Ratio

DVN Current vs Average Debt to Equity Ratio Chart

DVN Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.56

DEBT TO EQUITY RATIO AVG TTM

0.58

DEBT TO EQUITY RATIO AVG 3Y

0.58

DEBT TO EQUITY RATIO AVG 5Y

0.62

DEBT TO EQUITY RATIO AVG 10Y

0.90

DEBT TO EQUITY RATIO AVG 15Y

0.64

DEBT TO EQUITY RATIO AVG 20Y

0.57

CURRENT VS TTM AVG

-3.73%

CURRENT VS 3Y AVG

-3.77%

CURRENT VS 5Y AVG

-10.32%

CURRENT VS 10Y AVG

-37.89%

CURRENT VS 15Y AVG

-12.69%

CURRENT VS 20Y AVG

-2.35%

DVN Competitors' Debt to Equity Ratio

NAMEMARKET CAPDEBT TO EQUITY RATIOTTM3Y5Y
Devon Energy Corporation (DVN)$26.23B0.560.580.580.62
First Solar, Inc. (FSLR)vs ›$25.69B0.050.070.070.07
Texas Pacific Land Corporation (TPL)vs ›$27.30B0.020.010.010.00
Coterra Energy Inc. (CTRA)vs ›$24.72B0.270.280.240.30
Halliburton Company (HAL)vs ›$28.58B0.780.800.921.23
Tenaris S.A. (TS)vs ›$30.06B0.030.040.030.04
Expand Energy Corporation (EXE)vs ›$21.16B0.270.300.290.31
EQT Corporation (EQT)vs ›$32.96B0.330.390.420.47
APA Corporation (APA)vs ›$11.67B0.790.984.314.31
Antero Midstream Corporation (AM)vs ›$11.01B1.631.551.531.46

Financial Health

Debt/Equity

0.56

Current Ratio

0.98

Debt to Equity Ratio Formula & Definition

Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Devon Energy Corporation (DVN)?
The debt to equity ratio for DVN stock is 0.56.
Is Devon Energy Corporation's debt to equity ratio high or low?
The debt to equity ratio of 0.56 is 12% below its 5-year average of 0.63, near the low end of its 5-year range (0.51–0.90).
What is the TTM average debt to equity ratio for Devon Energy Corporation (DVN)?
The TTM average debt to equity ratio for DVN stock is 0.58.
What is the 3Y average debt to equity ratio for Devon Energy Corporation (DVN)?
The 3Y average debt to equity ratio for DVN stock is 0.58.
What is the 5Y average debt to equity ratio for Devon Energy Corporation (DVN)?
The 5Y average debt to equity ratio for DVN stock is 0.62.
What is the 10Y average debt to equity ratio for Devon Energy Corporation (DVN)?
The 10Y average debt to equity ratio for DVN stock is 0.90.
What is the 15Y average debt to equity ratio for Devon Energy Corporation (DVN)?
The 15Y average debt to equity ratio for DVN stock is 0.64.
What is the 20Y average debt to equity ratio for Devon Energy Corporation (DVN)?
The 20Y average debt to equity ratio for DVN stock is 0.57.

DVN Debt to Equity Ratio History

DATEDEBT TO EQUITY RATIO
2026-03-310.56
2025-12-310.57
2025-09-300.56
2025-06-300.60
2025-03-310.62
2024-12-310.63
2024-09-300.65
2024-06-300.51
2024-03-310.53
2023-12-310.53
2023-09-300.55
2023-06-300.61
2023-03-310.61
2022-12-310.60
2022-09-300.62
2022-06-300.67
2022-03-310.72
2021-12-310.73
2021-09-300.76
2021-06-300.80
2021-03-310.90
2020-12-311.58
2020-09-301.50
2020-06-301.41
2020-03-311.16
2019-12-310.78
2019-09-300.69
2019-06-300.65
2019-03-310.78
2018-12-310.48
2018-09-300.68
2018-06-300.76
2018-03-311.12
2017-12-310.74
2017-09-301.46
2017-06-301.53
2017-03-311.61
2016-12-311.71
2016-09-301.94
2016-06-302.62
2016-03-311.96
2015-12-311.85
2015-09-301.03
2015-06-300.79
2015-03-310.65
2014-12-310.52
2014-09-300.54
2014-06-300.58
2014-03-310.76
2013-12-310.59
2013-09-300.49
2013-06-300.51
2013-03-310.62
2012-12-310.55
2012-09-300.52
2012-06-300.48
2012-03-310.49
2011-12-310.46
2011-09-300.44
2011-06-300.37
2011-03-310.35
2010-12-310.29
2010-09-300.30
2010-06-300.33
2010-03-310.36
2009-12-310.56
2009-09-300.50
2009-06-300.54
2009-03-310.54
2008-12-310.42
2008-09-300.19
2008-06-300.30
2008-03-310.35
2007-12-310.36
2007-09-300.38
2007-06-300.39
2007-03-310.41
2006-12-310.45
2006-09-300.43
2006-06-300.49
2006-03-310.43
2005-12-310.45
2005-09-300.44
2005-06-300.51
2005-03-310.53
2004-12-310.53
2004-09-300.57
2004-06-300.60
2004-03-310.75
2003-12-310.75
2003-09-300.88
2003-06-300.94
2003-03-311.42
2002-12-311.63
2002-09-301.69
2002-06-301.68

Related Metrics

Current RatioQuick RatioROEAll 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.

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