Gross Margin: 12.14%
Is the gross margin high or low?
The gross margin of 12.14% is 61% below its 5-year average of 30.99%, near the low end of its 5-year range (12.14%–47.70%).
As of Monday, June 29, 2026. 46.87% below its 12-month average of 22.84%.
DVN Gross Margin
Reported quarterly gross margin; no daily interpolation.
DVN Average Gross Margin Chart
DVN Current vs Average Gross Margin Chart
DVN Gross Margin Metrics
GROSS MARGIN
12.14%
GROSS MARGIN AVG TTM
22.84%
GROSS MARGIN AVG 3Y
30.03%
GROSS MARGIN AVG 5Y
30.99%
GROSS MARGIN AVG 10Y
33.51%
GROSS MARGIN AVG 15Y
39.07%
GROSS MARGIN AVG 20Y
45.42%
CURRENT VS TTM AVG
-46.87%
CURRENT VS 3Y AVG
-59.58%
CURRENT VS 5Y AVG
-60.85%
CURRENT VS 10Y AVG
-63.78%
CURRENT VS 15Y AVG
-68.94%
CURRENT VS 20Y AVG
-73.28%
DVN Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $26.23B | 12.14% | 22.84% | 30.03% | 30.99% |
| First Solar, Inc. (FSLR)vs › | $25.69B | 41.73% | 42.40% | 31.66% | 29.46% |
| Texas Pacific Land Corporation (TPL)vs › | $27.30B | 85.46% | 87.68% | 90.69% | 90.91% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 39.00% | 39.05% | 47.66% | 46.04% |
| Halliburton Company (HAL)vs › | $28.58B | 15.31% | 17.23% | 17.34% | 14.96% |
| Tenaris S.A. (TS)vs › | $30.06B | 34.29% | 34.72% | 37.72% | 33.46% |
| Expand Energy Corporation (EXE)vs › | $21.16B | 53.38% | 36.77% | 52.41% | 42.45% |
| EQT Corporation (EQT)vs › | $32.96B | 48.86% | 31.77% | 37.13% | 38.84% |
| APA Corporation (APA)vs › | $11.67B | 37.32% | 40.75% | 47.26% | 42.30% |
| Antero Midstream Corporation (AM)vs › | $11.01B | 64.52% | 64.44% | 63.13% | 63.71% |
Gross Margin Analysis
Gross Margin
12.1%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Devon Energy Corporation (DVN)?
- The gross margin for DVN stock is 12.14%.
- Is Devon Energy Corporation's gross margin high or low?
- The gross margin of 12.14% is 61% below its 5-year average of 30.99%, near the low end of its 5-year range (12.14%–47.70%).
- What is the TTM average gross margin for Devon Energy Corporation (DVN)?
- The TTM average gross margin for DVN stock is 22.84%.
- What is the 3Y average gross margin for Devon Energy Corporation (DVN)?
- The 3Y average gross margin for DVN stock is 30.03%.
- What is the 5Y average gross margin for Devon Energy Corporation (DVN)?
- The 5Y average gross margin for DVN stock is 30.99%.
- What is the 10Y average gross margin for Devon Energy Corporation (DVN)?
- The 10Y average gross margin for DVN stock is 33.51%.
- What is the 15Y average gross margin for Devon Energy Corporation (DVN)?
- The 15Y average gross margin for DVN stock is 39.07%.
- What is the 20Y average gross margin for Devon Energy Corporation (DVN)?
- The 20Y average gross margin for DVN stock is 45.42%.
DVN Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 12.14% |
| 2025-12-31 | 23.80% |
| 2025-09-30 | 25.49% |
| 2025-06-30 | 26.00% |
| 2025-03-31 | 26.77% |
| 2024-12-31 | 26.10% |
| 2024-09-30 | 32.75% |
| 2024-06-30 | 31.99% |
| 2024-03-31 | 27.53% |
| 2023-12-31 | 39.64% |
| 2023-09-30 | 33.06% |
| 2023-06-30 | 30.28% |
| 2023-03-31 | 36.88% |
| 2022-12-31 | 40.20% |
| 2022-09-30 | 47.70% |
| 2022-06-30 | 47.44% |
| 2022-03-31 | 36.23% |
| 2021-12-31 | 42.71% |
| 2021-09-30 | 33.70% |
| 2021-06-30 | 16.67% |
| 2021-03-31 | 13.80% |
| 2020-12-31 | 7.03% |
| 2020-09-30 | 1.78% |
| 2020-06-30 | -128.68% |
| 2020-03-31 | 65.55% |
| 2019-12-31 | -163.56% |
| 2019-09-30 | 22.16% |
| 2019-06-30 | 23.42% |
| 2019-03-31 | 40.41% |
| 2018-12-31 | 73.60% |
| 2018-09-30 | 64.80% |
| 2018-06-30 | 61.08% |
| 2018-03-31 | 57.14% |
| 2017-12-31 | -23.50% |
| 2017-09-30 | 57.68% |
| 2017-06-30 | 61.94% |
| 2017-03-31 | 21.18% |
| 2016-12-31 | 27.53% |
| 2016-09-30 | 32.65% |
| 2016-06-30 | 23.75% |
| 2016-03-31 | 20.70% |
| 2015-12-31 | 23.94% |
| 2015-09-30 | 31.35% |
| 2015-06-30 | 17.68% |
| 2015-03-31 | 24.13% |
| 2014-12-31 | 54.28% |
| 2014-09-30 | 48.22% |
| 2014-06-30 | 33.84% |
| 2014-03-31 | 41.45% |
| 2013-12-31 | 38.91% |
| 2013-09-30 | 56.19% |
| 2013-06-30 | 61.76% |
| 2013-03-31 | 40.13% |
| 2012-12-31 | 46.06% |
| 2012-09-30 | 44.83% |
| 2012-06-30 | 65.10% |
| 2012-03-31 | 59.75% |
| 2011-12-31 | 66.13% |
| 2011-09-30 | 64.18% |
| 2011-06-30 | 67.58% |
| 2011-03-31 | 67.30% |
| 2010-12-31 | 42.45% |
| 2010-09-30 | 64.97% |
| 2010-06-30 | 66.99% |
| 2010-03-31 | 68.81% |
| 2009-12-31 | 75.21% |
| 2009-09-30 | 64.45% |
| 2009-06-30 | 64.87% |
| 2009-03-31 | 65.05% |
| 2008-12-31 | 68.34% |
| 2008-09-30 | 82.55% |
| 2008-06-30 | 70.35% |
| 2008-03-31 | 70.15% |
| 2007-12-31 | 45.92% |
| 2007-09-30 | 83.46% |
| 2007-06-30 | 73.37% |
| 2007-03-31 | 71.69% |
| 2006-12-31 | 35.01% |
| 2006-09-30 | 85.47% |
| 2006-06-30 | 73.32% |
| 2006-03-31 | 73.24% |
| 2005-12-31 | 89.43% |
| 2005-09-30 | 88.20% |
| 2005-06-30 | 74.31% |
| 2005-03-31 | 71.12% |
| 2004-12-31 | 86.17% |
| 2004-09-30 | 85.75% |
| 2004-06-30 | 86.21% |
| 2004-03-31 | 86.15% |
| 2003-12-31 | 84.22% |
| 2003-09-30 | 84.86% |
| 2003-06-30 | 84.89% |
| 2003-03-31 | 87.67% |
| 2002-12-31 | 84.53% |
| 2002-09-30 | 81.47% |
| 2002-06-30 | 82.59% |
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