Net Income CAGR:-18.68%(TTM)
Based on reported financial statement history.
Over longer horizons, Net Income CAGR averages -27.77% over 3 years and 7.28% over 5 years.The TTM figure compares the trailing 12 months (sum of the latest four quarters) with the 12 months before that. Rows in the history table compare fiscal years, and the quarterly table compares single quarters; the three measure different windows and will differ. Net income CAGR shows how the company's bottom-line profitability has grown. This reflects the company's ability to convert revenue into profits after all expenses.
DVN Net Income CAGR Chart
Devon Energy Corporation (DVN)
DVN Quarterly Net Income Growth (YoY)
Net Income growth vs the same quarter one year earlier, last 20 quarters.
DVN Net Income CAGR History
| Year | Start Net Income | End Net Income | Change | % Change | CAGR |
|---|---|---|---|---|---|
| 2025 | $2.89B | $2.64B | $-249.00M | -8.61% | -8.61% |
| 2024 | $3.75B | $2.89B | $-856.00M | -22.84% | -22.84% |
| 2023 | $6.01B | $3.75B | $-2.27B | -37.71% | -37.71% |
| 2022 | $2.81B | $6.01B | +$3.20B | +113.83% | +113.83% |
| 2021 | $-2.68B | $2.81B | +$5.49B | N/A | N/A |
| 2020 | $-355.00M | $-2.68B | $-2.33B | N/A | N/A |
| 2019 | $3.06B | $-355.00M | $-3.42B | -111.59% | N/A |
| 2018 | $898.00M | $3.06B | +$2.17B | +241.20% | +241.20% |
| 2017 | $-1.06B | $898.00M | +$1.95B | N/A | N/A |
| 2016 | $-12.90B | $-1.06B | +$11.84B | N/A | N/A |
| 2015 | $1.61B | $-12.90B | $-14.50B | -902.49% | N/A |
| 2014 | $-20.00M | $1.61B | +$1.63B | N/A | N/A |
| 2013 | $-206.00M | $-20.00M | +$186.00M | N/A | N/A |
| 2012 | $4.70B | $-206.00M | $-4.91B | -104.38% | N/A |
| 2011 | $4.55B | $4.70B | +$154.00M | +3.38% | +3.38% |
| 2010 | $-2.48B | $4.55B | +$7.03B | N/A | N/A |
| 2009 | $-2.15B | $-2.48B | $-331.00M | N/A | N/A |
| 2008 | $3.61B | $-2.15B | $-5.75B | -159.57% | N/A |
| 2007 | $2.85B | $3.61B | +$760.00M | +26.70% | +26.70% |
| 2006 | $2.93B | $2.85B | $-84.00M | -2.87% | -2.87% |
| 2005 | $2.19B | $2.93B | +$744.00M | +34.03% | +34.03% |
| 2004 | $1.75B | $2.19B | +$439.00M | +25.13% | +25.13% |
| 2003 | $104.00M | $1.75B | +$1.64B | +1579.81% | +1579.81% |
| 2002 | $103.00M | $104.00M | +$1.00M | +0.97% | +0.97% |
| 2001 | $730.00M | $103.00M | $-627.00M | -85.89% | -85.89% |
| 2000 | $-150.00M | $730.00M | +$880.00M | N/A | N/A |
| 1999 | $-235.90M | $-150.00M | +$85.90M | N/A | N/A |
| 1998 | $-300.00M | $-235.90M | +$64.10M | N/A | N/A |
| 1997 | $67.60M | $-300.00M | $-367.60M | -543.79% | N/A |
Quarterly Net Income: QoQ & YoY
| Quarter | Value | QoQ | YoY |
|---|---|---|---|
| Q1 2026 | $120.00M | -78.6% | -75.7% |
| Q4 2025 | $562.00M | -18.2% | -12.1% |
| Q3 2025 | $687.00M | -23.6% | -15.4% |
| Q2 2025 | $899.00M | +82.0% | +6.5% |
| Q1 2025 | $494.00M | -22.7% | -17.1% |
| Q4 2024 | $639.00M | -21.3% | -44.5% |
| Q3 2024 | $812.00M | -3.8% | -10.8% |
| Q2 2024 | $844.00M | +41.6% | +22.3% |
| Q1 2024 | $596.00M | -48.3% | -40.1% |
| Q4 2023 | $1.15B | +26.6% | -4.1% |
| Q3 2023 | $910.00M | +31.9% | -51.9% |
| Q2 2023 | $690.00M | -30.7% | -64.3% |
| Q1 2023 | $995.00M | -17.2% | +0.6% |
| Q4 2022 | $1.20B | -36.6% | -20.3% |
| Q3 2022 | $1.89B | -2.0% | +125.9% |
| Q2 2022 | $1.93B | +95.3% | +654.7% |
QoQ = change vs the prior quarter; YoY = change vs the same quarter a year earlier.
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