Devon Energy Corporation (DVN) - 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. Check Devon Energy Corporation strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Devon Energy Corporation - Cash Flow Conversion Efficiency Trend (1989–2025)
This chart illustrates how Devon Energy Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data. See DVN net assets for net asset value and shareholders' equity analysis.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Arthur J Gallagher & Co
NYSE:AJG
|
0.040x |
|
ASE Industrial Holding Co Ltd ADR
NYSE:ASX
|
-0.457x |
|
Thales S.A.
PA:HO
|
0.113x |
|
Bank of Communications Co
SHG:601328
|
-0.049x |
|
MicroStrategy Incorporated
NASDAQ:MSTR
|
0.000x |
|
Investor AB ser. A
ST:INVE-A
|
0.005x |
|
Infosys Limited
NSE:INFY
|
0.095x |
|
Ambev S.A.
SA:ABEV3
|
0.035x |
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. For the full company profile with market capitalisation and key ratios, see DVN stock market capitalisation.
| 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