Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on equity (ROE) high or low?
The return on equity (ROE) of 7.86% is 73% below its 5-year average of 28.87%, near the low end of its 5-year range (3.27%–58.13%).
As of the fiscal period ended Tuesday, June 30, 2026. 48.43% below its 12-month average of 15.23%.
Trailing-twelve-month return on equity at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 7.86%.
RETURN ON EQUITY (ROE)
7.86%
RETURN ON EQUITY (ROE) AVG TTM
15.23%
RETURN ON EQUITY (ROE) AVG 3Y
21.52%
RETURN ON EQUITY (ROE) AVG 5Y
28.87%
RETURN ON EQUITY (ROE) AVG 10Y
21.35%
RETURN ON EQUITY (ROE) AVG 15Y
14.31%
RETURN ON EQUITY (ROE) AVG 20Y
14.39%
CURRENT VS TTM AVG
-48.43%
CURRENT VS 3Y AVG
-63.49%
CURRENT VS 5Y AVG
-72.79%
CURRENT VS 10Y AVG
-63.19%
CURRENT VS 15Y AVG
-45.08%
CURRENT VS 20Y AVG
-45.40%
SECTOR MEDIAN · ENERGY
15.95%
median of 49 covered companies
CURRENT VS SECTOR MEDIAN
-50.74%
vs the sector median at left
Devon Energy Corporation
Market Cap
$51.76B
Return on Equity (ROE)
7.86%
TTM Avg
15.23%
3Y Avg
21.52%
5Y Avg
28.87%
Market Cap
$52.51B
Return on Equity (ROE)
4.18%
TTM Avg
6.67%
3Y Avg
15.37%
5Y Avg
4.69%
Market Cap
$55.85B
Return on Equity (ROE)
15.95%
TTM Avg
16.46%
3Y Avg
18.89%
5Y Avg
18.44%
Market Cap
$56.55B
Return on Equity (ROE)
17.38%
TTM Avg
7.74%
3Y Avg
18.72%
5Y Avg
1.07%
Market Cap
$57.41B
Return on Equity (ROE)
15.56%
TTM Avg
15.68%
3Y Avg
9.96%
5Y Avg
-6.46%
Market Cap
$59.64B
Return on Equity (ROE)
61.94%
TTM Avg
54.55%
3Y Avg
45.54%
5Y Avg
21.19%
Market Cap
$61.19B
Return on Equity (ROE)
13.19%
TTM Avg
14.96%
3Y Avg
10.50%
5Y Avg
10.43%
Market Cap
$38.36B
Return on Equity (ROE)
5.11%
TTM Avg
5.62%
3Y Avg
4.67%
5Y Avg
2.58%
| NAME | MARKET CAP | RETURN ON EQUITY (ROE) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $51.76B | 7.86% | 15.23% | 21.52% | 28.87% |
| Diamondback Energy, Inc. (FANG)vs › | $52.51B | 4.18% | 6.67% | 15.37% | 4.69% |
| ONEOK, Inc. (OKE)vs › | $55.85B | 15.95% | 16.46% | 18.89% | 18.44% |
| Occidental Petroleum Corporation (OXY)vs › | $56.55B | 17.38% | 7.74% | 18.72% | 1.07% |
| Baker Hughes Company (BKR)vs › | $57.41B | 15.56% | 15.68% | 9.96% | -6.46% |
| MPLX Lp (MPLX)vs › | $57.64B | 33.77% | 32.84% | 31.09% | 23.87% |
| Targa Resources Corp. (TRGP)vs › | $59.64B | 61.94% | 54.55% | 45.54% | 21.19% |
| TC Energy Corporation (TRP)vs › | $61.19B | 13.19% | 14.96% | 10.50% | 10.43% |
| Cameco Corporation (CCJ)vs › | $38.36B | 5.11% | 5.62% | 4.67% | 2.58% |
| Kinder Morgan, Inc. (KMI)vs › | $68.47B | 10.96% | 9.19% | 8.64% | 6.79% |
ROE
7.9%
ROA
4.6%
ROE = Net Income / Total Shareholders' Equity
Return on equity measures how efficiently a company generates profit from shareholders' equity. Higher ROE indicates better capital efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON EQUITY (ROE) |
|---|---|
| 2026-06-30 | 7.86% |
| 2026-03-31 | 14.70% |
| 2025-12-31 | 17.01% |
| 2025-09-30 | 17.71% |
| 2025-06-30 | 18.88% |
| 2025-03-31 | 19.17% |
| 2024-12-31 | 19.94% |
| 2024-09-30 | 23.84% |
| 2024-06-30 | 27.90% |
| 2024-03-31 | 27.52% |
| 2023-12-31 | 31.07% |
| 2023-09-30 | 32.61% |
| 2023-06-30 | 43.36% |
| 2023-03-31 | 54.85% |
| 2022-12-31 | 53.86% |
| 2022-09-30 | 58.13% |
| 2022-06-30 | 52.18% |
| 2022-03-31 | 38.59% |
| 2021-12-31 | 30.37% |
| 2021-09-30 | 13.50% |
| 2021-06-30 | 3.27% |
| 2021-03-31 | -7.79% |
| 2020-12-31 | -92.89% |
| 2020-09-30 | -106.52% |
| 2020-06-30 | -93.55% |
| 2020-03-31 | -47.31% |
| 2019-12-31 | -6.12% |
| 2019-09-30 | 21.95% |
| 2019-06-30 | 55.25% |
| 2019-03-31 | 37.47% |
| 2018-12-31 | 33.36% |
| 2018-09-30 | 17.93% |
| 2018-06-30 | -9.35% |
| 2018-03-31 | -1.18% |
| 2017-12-31 | 4.27% |
| 2017-09-30 | 14.67% |
| 2017-06-30 | 26.76% |
| 2017-03-31 | 0.88% |
| 2016-12-31 | -55.71% |
| 2016-09-30 | -139.81% |
| 2016-06-30 | -261.30% |
| 2016-03-31 | -217.02% |
| 2015-12-31 | -205.05% |
| 2015-09-30 | -89.45% |
| 2015-06-30 | -37.90% |
| 2015-03-31 | -12.87% |
| 2014-12-31 | 7.46% |
| 2014-09-30 | 10.02% |
| 2014-06-30 | 7.61% |
| 2014-03-31 | 8.02% |
| 2013-12-31 | -0.10% |
| 2013-09-30 | -2.83% |
| 2013-06-30 | -8.63% |
| 2013-03-31 | -9.83% |
| 2012-12-31 | -0.97% |
| 2012-09-30 | 3.02% |
| 2012-06-30 | 10.87% |
| 2012-03-31 | 21.32% |
| 2011-12-31 | 21.95% |
| 2011-09-30 | 22.55% |
| 2011-06-30 | 27.12% |
| 2011-03-31 | 19.63% |
| 2010-12-31 | 23.63% |
| 2010-09-30 | 24.96% |
| 2010-06-30 | 18.21% |
| 2010-03-31 | 15.76% |
| 2009-12-31 | -15.92% |
| 2009-09-30 | -67.99% |
| 2009-06-30 | -57.32% |
| 2009-03-31 | -52.97% |
| 2008-12-31 | -12.59% |
| 2008-09-30 | 23.66% |
| 2008-06-30 | 17.50% |
| 2008-03-31 | 16.54% |
| 2007-12-31 | 16.39% |
| 2007-09-30 | 13.79% |
| 2007-06-30 | 14.44% |
| 2007-03-31 | 15.41% |
| 2006-12-31 | 16.32% |
| 2006-09-30 | 18.78% |
| 2006-06-30 | 19.84% |
| 2006-03-31 | 20.04% |
| 2005-12-31 | 19.71% |
| 2005-09-30 | 18.88% |
| 2005-06-30 | 18.09% |
| 2005-03-31 | 16.54% |
| 2004-12-31 | 15.99% |
| 2004-09-30 | 16.25% |
| 2004-06-30 | 16.31% |
| 2004-03-31 | 15.65% |
| 2003-12-31 | 15.80% |
| 2003-09-30 | 12.64% |
| 2003-06-30 | 9.74% |