Devon Energy Corporation Cash Flow Conversion Efficiency
Devon Energy Corporation cash flow conversion efficiency. Based on the latest financial reports, Devon Energy Corporation (DVN) has a cash flow conversion efficiency ratio of 0.108x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($1.66 Billion) by net assets ($15.43 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Devon Energy Corporation (1989–2025)
Cash flow conversion efficiency of Devon Energy Corporation from 1989 to 2025. This chart illustrates how Devon Energy Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Devon Energy Corporation stock price for real-time trading data and today's change.
Devon Energy Corporation Cash Flow Conversion Ratio Explained
Devon Energy Corporation cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Devon Energy Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Devon Energy Corporation ranked by their cash flow conversion efficiency. Also see DVN company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Moderna Inc
NASDAQ:MRNA
|
-0.078x |
|
KDDI CORP.UNSP.ADR 4
F:DIP0
|
N/A |
|
Rheinmetall AG
F:RHM
|
0.446x |
|
Baker Hughes Co
NASDAQ:BKR
|
0.067x |
|
Alimentation Couchen Tard Inc A
TO:ATD
|
0.080x |
|
PACCAR Inc
NASDAQ:PCAR
|
0.049x |
|
Cathay Financial Holding Co Ltd
TW:2882
|
-0.108x |
|
Societe Generale S.A.
PA:GLE
|
-0.332x |
Annual Cash Flow Conversion Efficiency for Devon Energy Corporation (1989–2025)
The table below shows the annual cash flow conversion efficiency of Devon Energy Corporation from 1989 to 2025. Review Devon Energy Corporation (DVN) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $15.53 Billion | $6.71 Billion | 0.432x | -3.71% |
| 2024-12-31 | $14.70 Billion | $6.60 Billion | 0.449x | -16.20% |
| 2023-12-31 | $12.22 Billion | $6.54 Billion | 0.536x | -29.07% |
| 2022-12-31 | $11.30 Billion | $8.53 Billion | 0.755x | +44.88% |
| 2021-12-31 | $9.40 Billion | $4.90 Billion | 0.521x | +16.22% |
| 2020-12-31 | $3.02 Billion | $1.35 Billion | 0.448x | +28.20% |
| 2019-12-31 | $5.92 Billion | $2.07 Billion | 0.350x | +18.84% |
| 2018-12-31 | $9.19 Billion | $2.70 Billion | 0.294x | +42.72% |
| 2017-12-31 | $14.10 Billion | $2.91 Billion | 0.206x | +22.56% |
| 2016-12-31 | $10.38 Billion | $1.75 Billion | 0.168x | -65.65% |
| 2015-12-31 | $10.99 Billion | $5.38 Billion | 0.490x | +115.74% |
| 2014-12-31 | $26.34 Billion | $5.98 Billion | 0.227x | -14.38% |
| 2013-12-31 | $20.50 Billion | $5.44 Billion | 0.265x | +13.85% |
| 2012-12-31 | $21.28 Billion | $4.96 Billion | 0.233x | -19.80% |
| 2011-12-31 | $21.43 Billion | $6.22 Billion | 0.290x | +2.08% |
| 2010-12-31 | $19.25 Billion | $5.48 Billion | 0.285x | -6.48% |
| 2009-12-31 | $15.57 Billion | $4.74 Billion | 0.304x | -44.83% |
| 2008-12-31 | $17.06 Billion | $9.41 Billion | 0.551x | +82.46% |
| 2007-12-31 | $22.01 Billion | $6.65 Billion | 0.302x | -12.04% |
| 2006-12-31 | $17.44 Billion | $5.99 Billion | 0.344x | -9.01% |
| 2005-12-31 | $14.86 Billion | $5.61 Billion | 0.378x | +7.21% |
| 2004-12-31 | $13.67 Billion | $4.82 Billion | 0.352x | +3.34% |
| 2003-12-31 | $11.06 Billion | $3.77 Billion | 0.341x | -9.59% |
| 2002-12-31 | $4.65 Billion | $1.75 Billion | 0.377x | -34.86% |
| 2001-12-31 | $3.26 Billion | $1.89 Billion | 0.579x | +17.15% |
| 2000-12-31 | $3.28 Billion | $1.62 Billion | 0.494x | +386.64% |
| 1999-12-31 | $2.03 Billion | $205.60 Million | 0.102x | -64.37% |
| 1998-12-31 | $672.50 Million | $191.60 Million | 0.285x | +17.05% |
| 1997-12-31 | $693.10 Million | $168.70 Million | 0.243x | +74.39% |
| 1996-12-31 | $621.90 Million | $86.80 Million | 0.140x | -50.14% |
| 1995-12-31 | $219.00 Million | $61.30 Million | 0.280x | +24.51% |
| 1994-12-31 | $206.40 Million | $46.40 Million | 0.225x | -39.27% |
| 1993-12-31 | $172.90 Million | $64.00 Million | 0.370x | +86.05% |
| 1992-12-31 | $153.30 Million | $30.50 Million | 0.199x | +13.38% |
| 1991-12-31 | $53.00 Million | $9.30 Million | 0.175x | -9.32% |
| 1990-12-31 | $70.80 Million | $13.70 Million | 0.194x | +105.82% |
| 1989-12-31 | $70.20 Million | $6.60 Million | 0.094x | -- |
About Devon Energy Corporation
Devon Energy Corporation, an independent energy company, engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. The company operates in Delaware Basin located in southeast New Mexico and west Texas, Eagle Ford located in North America, Anadarko Basin located in western Oklahoma, Williston Basin located in North Dakota, and Powder… Read more