Devon Energy Corporation (DVN) — Cash Flow Quality Index
Devon Energy Corporation (DVN) has a Cash Flow Quality Index of 13.87x as of March 2026. Operating cash flow of $1.66 Billion exceeds net income of $120.00 Million, indicating high earnings quality where cash backs reported profits. Explore Devon Energy Corporation (DVN) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Devon Energy Corporation Cash Flow Quality Index (1989–2025)
Historical Cash Flow Quality Index for Devon Energy Corporation across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Devon Energy Corporation cash conversion from operations.
Annual Cash Flow Quality Index for Devon Energy Corporation (1989–2025)
Year-by-year earnings quality comparison for Devon Energy Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.50x | $6.71 Billion | $2.68 Billion | ▲ +11.6% |
| 2024 | 2.24x | $6.60 Billion | $2.94 Billion | ▲ +28.5% |
| 2023 | 1.75x | $6.54 Billion | $3.75 Billion | ▲ +23.6% |
| 2022 | 1.41x | $8.53 Billion | $6.04 Billion | ▼ -18.3% |
| 2021 | 1.73x | $4.90 Billion | $2.83 Billion | ▲ +106.2% |
| 2018 | 0.84x | $2.70 Billion | $3.22 Billion | ▼ -68.9% |
| 2017 | 2.70x | $2.91 Billion | $1.08 Billion | ▼ -23.7% |
| 2014 | 3.54x | $5.98 Billion | $1.69 Billion | ▲ +21.3% |
| 2011 | 2.92x | $6.22 Billion | $2.13 Billion | ▲ +24.2% |
| 2010 | 2.35x | $5.48 Billion | $2.33 Billion | ▲ +27.3% |
| 2007 | 1.84x | $6.65 Billion | $3.61 Billion | ▼ -12.4% |
| 2006 | 2.11x | $5.99 Billion | $2.85 Billion | ▲ +9.9% |
| 2005 | 1.92x | $5.61 Billion | $2.93 Billion | ▼ -13.1% |
| 2004 | 2.20x | $4.82 Billion | $2.19 Billion | ▲ +1.2% |
| 2003 | 2.18x | $3.77 Billion | $1.73 Billion | ▼ -92.7% |
| 2002 | 29.73x | $1.75 Billion | $59.00 Million | ▲ +62.4% |
| 2001 | 18.31x | $1.89 Billion | $103.00 Million | ▲ +726.0% |
| 2000 | 2.22x | $1.62 Billion | $730.34 Million | ▲ +2.0% |
| 1999 | 2.17x | $205.60 Million | $94.60 Million | ▼ -3.0% |
| 1997 | 2.24x | $168.70 Million | $75.30 Million | ▼ -10.2% |
| 1996 | 2.49x | $86.80 Million | $34.80 Million | ▼ -41.0% |
| 1995 | 4.23x | $61.30 Million | $14.50 Million | ▲ +24.8% |
| 1994 | 3.39x | $46.40 Million | $13.70 Million | ▲ +1.6% |
| 1993 | 3.33x | $64.00 Million | $19.20 Million | ▲ +59.6% |
| 1992 | 2.09x | $30.50 Million | $14.60 Million | ▼ -60.4% |
| 1990 | 5.27x | $13.70 Million | $2.60 Million | ▼ -28.1% |
| 1989 | 7.33x | $6.60 Million | $900.00K | — |