Companies: 10,795·Total market cap: $144.5T
Devon Energy Corporation

Devon Energy Corporation

DVNNYSEEnergy● Active
$45.08
+$0.80(+1.81%)
Market Cap$28.0B
P/E Ratio
52W High$52.71
52W Low$31.32

Devon Energy Corporation (DVN) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

dvn · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Devon Energy Corporation (DVN) measures how much investors pay for each dollar of the company's trailing earnings. DVN's current PE ratio of 12.34x is calculated by dividing its stock price of $45.08 by its TTM earnings per share of $3.65. +52.4% elevated vs 5Y avg 8.1x

12.34x
P/E Ratio (TTM)+52.4%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
8.21x
FY2027 est. EPS $5.49
Based on 10 analysts
EPS (TTM)
$3.65
TTM · diluted EPS
PEG Ratio
-0.68
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Devon Energy Corporation SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 8.1x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 12 fiscal years · Front-end computed
Average
9.9x
12-yr mean
Median
8.2x
12-yr midpoint
Minimum
3.7x
Lowest year
Maximum
24.2x
Highest year
12.3x ← Now
3.7x
Min
Q1 · 25%8.2x
Median
Q3 · 75%24.2x
Max
Historically Elevated

At 12.34x, DVN's current P/E is higher than in 83% of its annual fiscal year readings over the past 12 years — historically elevated.

83th percentileHigher than 10 of 12 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Oil & Gas Exploration & Production · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Devon Energy Corporation
Devon Energy CorporationYou
DVN
$28.0B12.34x+10.6%$3.65
Coterra Energy Inc.
Coterra Energy Inc.
CTRA
$24.7B11.67x+4.5%$2.26
Ecopetrol S.A.
Ecopetrol S.A.
EC
$31.6B9.24x-17.2%$4090.57
Expand Energy Corporation
Expand Energy Corporation
EXE
$21.6B14.40x+29.0%$7.67
Expand Energy Corporation
Expand Energy Corporation
EXEEL
$23.6B0.01x-99.9%$7665.73
Expand Energy Corporation
Expand Energy Corporation
EXEEZ
$22.7B13.17x+18.0%$7.67
Halliburton Company
Halliburton Company
HAL
$33.8B18.48x+65.6%$1.53
Industry Average
6 peers with valid PE
11.16xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
8.71x$4.21+23.4%
2024-12-31
FY2024
7.05x$4.64-8.7%
2023-12-31
FY2023
7.73x$5.86+16.0%
2022-12-31
FY2022
6.66x$9.24-35.9%
2021-12-31
FY2021
10.38x$4.24
2020-12-31
FY2020
$-7.11
2019-12-31
FY2019
$-0.89
2018-12-31
FY2018
3.67x$6.14-84.8%
2017-12-31
FY2017
24.20x$1.71
2016-12-31
FY2016
$-2.08

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Devon Energy Corporation (DVN) measures how much investors pay for each dollar of the company's trailing earnings. DVN's current PE ratio of 12.34x is calculated by dividing its stock price of $45.08 by its TTM earnings per share of $3.65.

PE Ratio = Stock Price ÷ EPS (TTM)
= $45.08 ÷ $3.65 = 12.34x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

DVN pe ratio · 6 questions

DVN's current PE ratio is 12.34x as of 2026-06-08, based on a stock price of $45.08 and TTM EPS of $3.65. Data sourced from Financial Modeling Prep via DVN's SEC 10-K and 10-Q filings.

DVN PE ratioWhat is DVN PE ratioCurrent PE ratio of DVNDVN PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Devon Energy Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08