Tax Rate: 27.71%
Is the tax rate high or low?
The tax rate of 27.71% is 39% above its 5-year average of 19.98%, near the high end of its 5-year range (9.03%–27.71%).
16.71% above its 12-month average of 23.74%.
DVN Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
DVN Average Tax Rate Chart
DVN Current vs Average Tax Rate Chart
DVN Tax Rate Metrics
TAX RATE
27.71%
TAX RATE AVG TTM
23.74%
TAX RATE AVG 3Y
21.17%
TAX RATE AVG 5Y
20.56%
TAX RATE AVG 10Y
19.25%
TAX RATE AVG 15Y
22.35%
TAX RATE AVG 20Y
25.25%
CURRENT VS TTM AVG
+16.71%
CURRENT VS 3Y AVG
+30.92%
CURRENT VS 5Y AVG
+34.78%
CURRENT VS 10Y AVG
+43.99%
CURRENT VS 15Y AVG
+24.00%
CURRENT VS 20Y AVG
+9.73%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for Devon Energy Corporation (DVN)?
- The tax rate for DVN stock is 27.71%.
- Is Devon Energy Corporation's tax rate high or low?
- The tax rate of 27.71% is 39% above its 5-year average of 19.98%, near the high end of its 5-year range (9.03%–27.71%).
- What is the TTM average tax rate for Devon Energy Corporation (DVN)?
- The TTM average tax rate for DVN stock is 23.74%.
- What is the 3Y average tax rate for Devon Energy Corporation (DVN)?
- The 3Y average tax rate for DVN stock is 21.17%.
- What is the 5Y average tax rate for Devon Energy Corporation (DVN)?
- The 5Y average tax rate for DVN stock is 20.56%.
- What is the 10Y average tax rate for Devon Energy Corporation (DVN)?
- The 10Y average tax rate for DVN stock is 19.25%.
- What is the 15Y average tax rate for Devon Energy Corporation (DVN)?
- The 15Y average tax rate for DVN stock is 22.35%.
- What is the 20Y average tax rate for Devon Energy Corporation (DVN)?
- The 20Y average tax rate for DVN stock is 25.25%.
DVN Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 27.71% |
| 2025-12-31 | 24.77% |
| 2025-09-30 | 24.01% |
| 2025-06-30 | 21.02% |
| 2025-03-31 | 21.21% |
| 2024-12-31 | 22.26% |
| 2024-09-30 | 22.46% |
| 2024-06-30 | 17.79% |
| 2024-03-31 | 20.70% |
| 2023-12-31 | 18.81% |
| 2023-09-30 | 14.18% |
| 2023-06-30 | 22.19% |
| 2023-03-31 | 18.06% |
| 2022-12-31 | 22.47% |
| 2022-09-30 | 22.92% |
| 2022-06-30 | 22.32% |
| 2022-03-31 | 21.16% |
| 2021-12-31 | 9.03% |
| 2021-09-30 | 12.45% |
| 2021-06-30 | 14.14% |
| 2019-09-30 | 28.42% |
| 2019-06-30 | 31.05% |
| 2018-12-31 | 22.57% |
| 2017-09-30 | 6.28% |
| 2017-06-30 | -2.42% |
| 2017-03-31 | 2.46% |
| 2016-12-31 | 14.67% |
| 2016-09-30 | 14.52% |
| 2014-12-31 | 230.24% |
| 2014-09-30 | 37.06% |
| 2014-06-30 | 54.95% |
| 2014-03-31 | 41.25% |
| 2013-12-31 | 56.42% |
| 2013-09-30 | 32.86% |
| 2013-06-30 | 31.49% |
| 2012-06-30 | 35.01% |
| 2012-03-31 | 32.24% |
| 2011-12-31 | 34.38% |
| 2011-09-30 | 32.38% |
| 2011-06-30 | 86.65% |
| 2011-03-31 | 32.93% |
| 2010-12-31 | 28.44% |
| 2010-09-30 | 38.63% |
| 2010-06-30 | 42.58% |
| 2010-03-31 | 32.37% |
| 2009-12-31 | 40.20% |
| 2009-09-30 | 18.90% |
| 2009-06-30 | 36.45% |
| 2008-09-30 | 32.82% |
| 2008-06-30 | 52.89% |
| 2008-03-31 | 27.02% |
| 2007-12-31 | 13.14% |
| 2007-09-30 | 32.99% |
| 2007-06-30 | 28.60% |
| 2007-03-31 | 31.50% |
| 2006-12-31 | 31.75% |
| 2006-09-30 | 28.32% |
| 2006-06-30 | 11.79% |
| 2006-03-31 | 33.70% |
| 2005-12-31 | 34.90% |
| 2005-09-30 | 34.68% |
| 2005-06-30 | 35.35% |
| 2005-03-31 | 38.34% |
| 2004-12-31 | 27.48% |
| 2004-09-30 | 36.72% |
| 2004-06-30 | 34.97% |
| 2004-03-31 | 36.34% |
| 2003-12-31 | -29.90% |
| 2003-09-30 | 33.33% |
| 2003-06-30 | 39.56% |
| 2003-03-31 | 32.26% |
| 2002-12-31 | -30.14% |
| 2002-09-30 | 25.33% |
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