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DVNDevon Energy Corporation

Is the EV/EBIT ratio high or low?

The EV/EBIT ratio of 10.60x is 11% below its 5-year average of 11.89x, near the low end of its 5-year range (4.39x–90.70x).

As of Monday, June 29, 2026. 27.24% above its 12-month average of 8.33x.

EV/EBIT Ratio

DVN EV/EBIT Ratio Chart

10.60x
+60.12% 1Y
DVN EV/EBIT Ratio

DVN Average EV/EBIT Ratio Chart

DVN EV/EBIT Ratio

DVN Current vs Average EV/EBIT Ratio Chart

DVN EV/EBIT Ratio Metrics

EV/EBIT RATIO

10.60x

EV/EBIT RATIO AVG TTM

8.33x

EV/EBIT RATIO AVG 3Y

6.95x

EV/EBIT RATIO AVG 5Y

7.31x

EV/EBIT RATIO AVG 10Y

10.59x

EV/EBIT RATIO AVG 15Y

10.66x

EV/EBIT RATIO AVG 20Y

8.68x

CURRENT VS TTM AVG

+27.24%

CURRENT VS 3Y AVG

+52.48%

CURRENT VS 5Y AVG

+44.95%

CURRENT VS 10Y AVG

+0.06%

CURRENT VS 15Y AVG

-0.60%

CURRENT VS 20Y AVG

+22.13%

DVN Competitors' EV/EBIT Ratio

NAMEMARKET CAPEV/EBIT RATIOTTM3Y5Y
Devon Energy Corporation (DVN)$26.23B10.60x8.33x6.95x7.31x
First Solar, Inc. (FSLR)vs ›$25.69B13.24x14.55x50.48x56.90x
Texas Pacific Land Corporation (TPL)vs ›$27.30B43.37x42.09x38.32x35.11x
Coterra Energy Inc. (CTRA)vs ›$24.72B11.66x11.97x10.57x11.60x
Halliburton Company (HAL)vs ›$28.58B13.87x12.61x10.31x14.36x
Tenaris S.A. (TS)vs ›$30.06B12.25x10.58x7.42x13.75x
Expand Energy Corporation (EXE)vs ›$21.16B5.91x28.70x19.81x24.75x
EQT Corporation (EQT)vs ›$32.96B8.18x16.34x23.12x20.01x
APA Corporation (APA)vs ›$11.67B5.34x4.85x4.60x5.63x
Antero Midstream Corporation (AM)vs ›$11.01B19.99x17.49x16.72x16.02x

EV/EBIT Ratio Formula & Definition

EV/EBIT = Enterprise Value / EBIT (TTM)

Enterprise value to EBIT compares total company value to operating earnings, accounting for depreciation unlike EV/EBITDA.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/EBIT Ratio FAQ

What is the EV/EBIT ratio for Devon Energy Corporation (DVN)?
The EV/EBIT ratio for DVN stock is 10.60x.
Is Devon Energy Corporation's EV/EBIT ratio high or low?
The EV/EBIT ratio of 10.60x is 11% below its 5-year average of 11.89x, near the low end of its 5-year range (4.39x–90.70x).
What is the TTM average EV/EBIT ratio for Devon Energy Corporation (DVN)?
The TTM average EV/EBIT ratio for DVN stock is 8.33x.
What is the 3Y average EV/EBIT ratio for Devon Energy Corporation (DVN)?
The 3Y average EV/EBIT ratio for DVN stock is 6.95x.
What is the 5Y average EV/EBIT ratio for Devon Energy Corporation (DVN)?
The 5Y average EV/EBIT ratio for DVN stock is 7.31x.
What is the 10Y average EV/EBIT ratio for Devon Energy Corporation (DVN)?
The 10Y average EV/EBIT ratio for DVN stock is 10.59x.
What is the 15Y average EV/EBIT ratio for Devon Energy Corporation (DVN)?
The 15Y average EV/EBIT ratio for DVN stock is 10.66x.
What is the 20Y average EV/EBIT ratio for Devon Energy Corporation (DVN)?
The 20Y average EV/EBIT ratio for DVN stock is 8.68x.

DVN EV/EBIT Ratio History

DATEEV/EBIT RATIO
2026-06-2610.60x
2026-06-2510.68x
2026-06-2410.71x
2026-06-2310.84x
2026-06-2210.77x
2026-06-1810.58x
2026-06-1710.67x
2026-06-1610.74x
2026-06-1510.86x
2026-06-1211.22x
2026-06-1111.08x
2026-06-1011.48x
2026-06-0910.97x
2026-06-0811.17x
2026-06-0511.01x
2026-06-0411.36x
2026-06-0311.39x
2026-06-0211.40x
2026-06-0111.42x
2026-05-2911.06x
2026-05-2810.98x
2026-05-2711.01x
2026-05-2611.19x
2026-05-2211.60x
2026-05-2111.58x
2026-05-2011.85x
2026-05-1912.09x
2026-05-1812.09x
2026-05-1512.05x
2026-05-1411.60x
2026-05-1311.54x
2026-05-1211.51x
2026-05-1111.50x
2026-05-0811.28x
2026-05-0711.22x
2026-05-0611.48x
2026-05-0510.13x
2026-05-0410.17x
2026-05-0110.06x
2026-04-3010.19x
2026-04-2910.15x
2026-04-289.89x
2026-04-279.68x
2026-04-249.64x
2026-04-239.67x
2026-04-229.51x
2026-04-219.26x
2026-04-209.15x
2026-04-179.04x
2026-04-169.29x
2026-04-159.20x
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2026-04-109.61x
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2026-04-079.96x
2026-04-069.91x
2026-04-029.89x
2026-04-019.74x
2026-03-3110.02x
2026-03-3010.22x
2026-03-2710.31x
2026-03-2610.19x
2026-03-2510.04x
2026-03-2410.01x
2026-03-239.73x
2026-03-209.76x
2026-03-199.78x
2026-03-189.67x
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2026-02-278.93x
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2025-12-317.72x
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2025-06-206.89x
2025-06-186.85x
2025-06-176.95x
2025-06-166.94x
2025-06-137.01x

Showing the most recent 260 of 3,699 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