EV/Sales Ratio: 2.00x
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 2.00x is 20% below its 5-year average of 2.49x, near the low end of its 5-year range (1.57x–5.32x).
As of Monday, June 29, 2026. 6.68% above its 12-month average of 1.87x.
DVN EV/Sales Ratio Chart
DVN Average EV/Sales Ratio Chart
DVN Current vs Average EV/Sales Ratio Chart
DVN EV/Sales Ratio Metrics
EV/SALES RATIO
2.00x
EV/SALES RATIO AVG TTM
1.87x
EV/SALES RATIO AVG 3Y
2.02x
EV/SALES RATIO AVG 5Y
2.35x
EV/SALES RATIO AVG 10Y
2.23x
EV/SALES RATIO AVG 15Y
2.38x
EV/SALES RATIO AVG 20Y
2.79x
CURRENT VS TTM AVG
+6.68%
CURRENT VS 3Y AVG
-1.16%
CURRENT VS 5Y AVG
-14.96%
CURRENT VS 10Y AVG
-10.20%
CURRENT VS 15Y AVG
-16.01%
CURRENT VS 20Y AVG
-28.30%
DVN Competitors' EV/Sales Ratio
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $26.23B | 2.00x | 1.87x | 2.02x | 2.35x |
| First Solar, Inc. (FSLR)vs › | $25.69B | 4.39x | 4.73x | 5.13x | 4.89x |
| Texas Pacific Land Corporation (TPL)vs › | $27.30B | 32.28x | 31.64x | 29.39x | 27.32x |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 3.63x | 3.63x | 3.47x | 3.94x |
| Halliburton Company (HAL)vs › | $28.58B | 1.57x | 1.44x | 1.52x | 1.75x |
| Tenaris S.A. (TS)vs › | $30.06B | 2.34x | 2.03x | 1.61x | 1.77x |
| Expand Energy Corporation (EXE)vs › | $21.16B | 1.71x | 2.97x | 2.83x | 2.33x |
| EQT Corporation (EQT)vs › | $32.96B | 3.82x | 4.92x | 4.94x | 3.88x |
| APA Corporation (APA)vs › | $11.67B | 1.85x | 1.54x | 1.65x | 1.88x |
| Antero Midstream Corporation (AM)vs › | $11.01B | 11.51x | 10.07x | 9.38x | 8.96x |
Understanding EV/Sales
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
- It works for unprofitable companies where P/E doesn't apply
- Revenue is harder to manipulate than earnings
- It supports comparisons across companies at different profitability stages
- It is frequently used for software and other revenue-growth-focused companies
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
EV/Sales Ratio Formula & Definition
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
EV/Sales Ratio FAQ
- What is the EV/Sales ratio for Devon Energy Corporation (DVN)?
- The EV/Sales ratio for DVN stock is 2.00x.
- Is Devon Energy Corporation's EV/Sales ratio high or low?
- The EV/Sales ratio of 2.00x is 20% below its 5-year average of 2.49x, near the low end of its 5-year range (1.57x–5.32x).
- What is the TTM average EV/Sales ratio for Devon Energy Corporation (DVN)?
- The TTM average EV/Sales ratio for DVN stock is 1.87x.
- What is the 3Y average EV/Sales ratio for Devon Energy Corporation (DVN)?
- The 3Y average EV/Sales ratio for DVN stock is 2.02x.
- What is the 5Y average EV/Sales ratio for Devon Energy Corporation (DVN)?
- The 5Y average EV/Sales ratio for DVN stock is 2.35x.
- What is the 10Y average EV/Sales ratio for Devon Energy Corporation (DVN)?
- The 10Y average EV/Sales ratio for DVN stock is 2.23x.
- What is the 15Y average EV/Sales ratio for Devon Energy Corporation (DVN)?
- The 15Y average EV/Sales ratio for DVN stock is 2.38x.
- What is the 20Y average EV/Sales ratio for Devon Energy Corporation (DVN)?
- The 20Y average EV/Sales ratio for DVN stock is 2.79x.
DVN EV/Sales Ratio History
| DATE | EV/SALES RATIO |
|---|---|
| 2026-06-26 | 2.00x |
| 2026-06-25 | 2.01x |
| 2026-06-24 | 2.02x |
| 2026-06-23 | 2.04x |
| 2026-06-22 | 2.03x |
| 2026-06-18 | 1.99x |
| 2026-06-17 | 2.01x |
| 2026-06-16 | 2.02x |
| 2026-06-15 | 2.05x |
| 2026-06-12 | 2.11x |
| 2026-06-11 | 2.09x |
| 2026-06-10 | 2.16x |
| 2026-06-09 | 2.07x |
| 2026-06-08 | 2.10x |
| 2026-06-05 | 2.07x |
| 2026-06-04 | 2.14x |
| 2026-06-03 | 2.15x |
| 2026-06-02 | 2.15x |
| 2026-06-01 | 2.15x |
| 2026-05-29 | 2.08x |
| 2026-05-28 | 2.07x |
| 2026-05-27 | 2.07x |
| 2026-05-26 | 2.11x |
| 2026-05-22 | 2.19x |
| 2026-05-21 | 2.18x |
| 2026-05-20 | 2.23x |
| 2026-05-19 | 2.28x |
| 2026-05-18 | 2.28x |
| 2026-05-15 | 2.27x |
| 2026-05-14 | 2.19x |
| 2026-05-13 | 2.17x |
| 2026-05-12 | 2.17x |
| 2026-05-11 | 2.17x |
| 2026-05-08 | 2.12x |
| 2026-05-07 | 2.11x |
| 2026-05-06 | 2.16x |
| 2026-05-05 | 2.27x |
| 2026-05-04 | 2.28x |
| 2026-05-01 | 2.26x |
| 2026-04-30 | 2.29x |
| 2026-04-29 | 2.28x |
| 2026-04-28 | 2.22x |
| 2026-04-27 | 2.17x |
| 2026-04-24 | 2.16x |
| 2026-04-23 | 2.17x |
| 2026-04-22 | 2.13x |
| 2026-04-21 | 2.08x |
| 2026-04-20 | 2.05x |
| 2026-04-17 | 2.03x |
| 2026-04-16 | 2.08x |
| 2026-04-15 | 2.06x |
| 2026-04-14 | 2.07x |
| 2026-04-13 | 2.14x |
| 2026-04-10 | 2.16x |
| 2026-04-09 | 2.16x |
| 2026-04-08 | 2.16x |
| 2026-04-07 | 2.24x |
| 2026-04-06 | 2.22x |
| 2026-04-02 | 2.22x |
| 2026-04-01 | 2.19x |
| 2026-03-31 | 2.25x |
| 2026-03-30 | 2.29x |
| 2026-03-27 | 2.31x |
| 2026-03-26 | 2.29x |
| 2026-03-25 | 2.25x |
| 2026-03-24 | 2.25x |
| 2026-03-23 | 2.18x |
| 2026-03-20 | 2.19x |
| 2026-03-19 | 2.19x |
| 2026-03-18 | 2.17x |
| 2026-03-17 | 2.14x |
| 2026-03-16 | 2.12x |
| 2026-03-13 | 2.10x |
| 2026-03-12 | 2.10x |
| 2026-03-11 | 2.07x |
| 2026-03-10 | 2.01x |
| 2026-03-09 | 2.05x |
| 2026-03-06 | 2.04x |
| 2026-03-05 | 2.04x |
| 2026-03-04 | 2.00x |
| 2026-03-03 | 2.02x |
| 2026-03-02 | 2.05x |
| 2026-02-27 | 2.00x |
| 2026-02-26 | 1.97x |
| 2026-02-25 | 1.97x |
| 2026-02-24 | 1.99x |
| 2026-02-23 | 2.01x |
| 2026-02-20 | 2.03x |
| 2026-02-19 | 2.04x |
| 2026-02-18 | 2.04x |
| 2026-02-17 | 2.02x |
| 2026-02-13 | 2.04x |
| 2026-02-12 | 2.02x |
| 2026-02-11 | 2.05x |
| 2026-02-10 | 2.00x |
| 2026-02-09 | 2.00x |
| 2026-02-06 | 2.01x |
| 2026-02-05 | 1.99x |
| 2026-02-04 | 2.00x |
| 2026-02-03 | 1.91x |
| 2026-02-02 | 1.88x |
| 2026-01-30 | 1.88x |
| 2026-01-29 | 1.87x |
| 2026-01-28 | 1.87x |
| 2026-01-27 | 1.85x |
| 2026-01-26 | 1.82x |
| 2026-01-23 | 1.82x |
| 2026-01-22 | 1.80x |
| 2026-01-21 | 1.79x |
| 2026-01-20 | 1.74x |
| 2026-01-16 | 1.73x |
| 2026-01-15 | 1.74x |
| 2026-01-14 | 1.80x |
| 2026-01-13 | 1.76x |
| 2026-01-12 | 1.72x |
| 2026-01-09 | 1.72x |
| 2026-01-08 | 1.73x |
| 2026-01-07 | 1.67x |
| 2026-01-06 | 1.72x |
| 2026-01-05 | 1.75x |
| 2026-01-02 | 1.79x |
| 2025-12-31 | 1.75x |
| 2025-12-30 | 1.76x |
| 2025-12-29 | 1.73x |
| 2025-12-26 | 1.71x |
| 2025-12-24 | 1.73x |
| 2025-12-23 | 1.74x |
| 2025-12-22 | 1.74x |
| 2025-12-19 | 1.72x |
| 2025-12-18 | 1.72x |
| 2025-12-17 | 1.76x |
| 2025-12-16 | 1.69x |
| 2025-12-15 | 1.73x |
| 2025-12-12 | 1.78x |
| 2025-12-11 | 1.78x |
| 2025-12-10 | 1.81x |
| 2025-12-09 | 1.78x |
| 2025-12-08 | 1.78x |
| 2025-12-05 | 1.78x |
| 2025-12-04 | 1.79x |
| 2025-12-03 | 1.79x |
| 2025-12-02 | 1.77x |
| 2025-12-01 | 1.79x |
| 2025-11-28 | 1.77x |
| 2025-11-26 | 1.74x |
| 2025-11-25 | 1.72x |
| 2025-11-24 | 1.72x |
| 2025-11-21 | 1.71x |
| 2025-11-20 | 1.70x |
| 2025-11-19 | 1.70x |
| 2025-11-18 | 1.72x |
| 2025-11-17 | 1.69x |
| 2025-11-14 | 1.72x |
| 2025-11-13 | 1.69x |
| 2025-11-12 | 1.70x |
| 2025-11-11 | 1.70x |
| 2025-11-10 | 1.65x |
| 2025-11-07 | 1.64x |
| 2025-11-06 | 1.60x |
| 2025-11-05 | 1.62x |
| 2025-11-04 | 1.63x |
| 2025-11-03 | 1.64x |
| 2025-10-31 | 1.63x |
| 2025-10-30 | 1.61x |
| 2025-10-29 | 1.61x |
| 2025-10-28 | 1.61x |
| 2025-10-27 | 1.64x |
| 2025-10-24 | 1.64x |
| 2025-10-23 | 1.66x |
| 2025-10-22 | 1.62x |
| 2025-10-21 | 1.61x |
| 2025-10-20 | 1.60x |
| 2025-10-17 | 1.60x |
| 2025-10-16 | 1.61x |
| 2025-10-15 | 1.63x |
| 2025-10-14 | 1.63x |
| 2025-10-13 | 1.65x |
| 2025-10-10 | 1.63x |
| 2025-10-09 | 1.69x |
| 2025-10-08 | 1.72x |
| 2025-10-07 | 1.72x |
| 2025-10-06 | 1.72x |
| 2025-10-03 | 1.70x |
| 2025-10-02 | 1.69x |
| 2025-10-01 | 1.73x |
| 2025-09-30 | 1.72x |
| 2025-09-29 | 1.74x |
| 2025-09-26 | 1.79x |
| 2025-09-25 | 1.75x |
| 2025-09-24 | 1.73x |
| 2025-09-23 | 1.70x |
| 2025-09-22 | 1.67x |
| 2025-09-19 | 1.68x |
| 2025-09-18 | 1.72x |
| 2025-09-17 | 1.73x |
| 2025-09-16 | 1.72x |
| 2025-09-15 | 1.67x |
| 2025-09-12 | 1.71x |
| 2025-09-11 | 1.73x |
| 2025-09-10 | 1.74x |
| 2025-09-09 | 1.69x |
| 2025-09-08 | 1.70x |
| 2025-09-05 | 1.71x |
| 2025-09-04 | 1.74x |
| 2025-09-03 | 1.72x |
| 2025-09-02 | 1.77x |
| 2025-08-29 | 1.76x |
| 2025-08-28 | 1.75x |
| 2025-08-27 | 1.74x |
| 2025-08-26 | 1.73x |
| 2025-08-25 | 1.75x |
| 2025-08-22 | 1.72x |
| 2025-08-21 | 1.68x |
| 2025-08-20 | 1.67x |
| 2025-08-19 | 1.67x |
| 2025-08-18 | 1.66x |
| 2025-08-15 | 1.67x |
| 2025-08-14 | 1.68x |
| 2025-08-13 | 1.67x |
| 2025-08-12 | 1.66x |
| 2025-08-11 | 1.64x |
| 2025-08-08 | 1.65x |
| 2025-08-07 | 1.62x |
| 2025-08-06 | 1.62x |
| 2025-08-05 | 1.70x |
| 2025-08-04 | 1.69x |
| 2025-08-01 | 1.69x |
| 2025-07-31 | 1.74x |
| 2025-07-30 | 1.76x |
| 2025-07-29 | 1.77x |
| 2025-07-28 | 1.77x |
| 2025-07-25 | 1.72x |
| 2025-07-24 | 1.74x |
| 2025-07-23 | 1.74x |
| 2025-07-22 | 1.72x |
| 2025-07-21 | 1.70x |
| 2025-07-18 | 1.72x |
| 2025-07-17 | 1.72x |
| 2025-07-16 | 1.68x |
| 2025-07-15 | 1.70x |
| 2025-07-14 | 1.73x |
| 2025-07-11 | 1.76x |
| 2025-07-10 | 1.76x |
| 2025-07-09 | 1.79x |
| 2025-07-08 | 1.80x |
| 2025-07-07 | 1.71x |
| 2025-07-03 | 1.74x |
| 2025-07-02 | 1.74x |
| 2025-07-01 | 1.71x |
| 2025-06-30 | 1.68x |
| 2025-06-27 | 1.70x |
| 2025-06-26 | 1.71x |
| 2025-06-25 | 1.69x |
| 2025-06-24 | 1.70x |
| 2025-06-23 | 1.72x |
| 2025-06-20 | 1.78x |
| 2025-06-18 | 1.77x |
| 2025-06-17 | 1.79x |
| 2025-06-16 | 1.79x |
| 2025-06-13 | 1.81x |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
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