Devon Energy Corporation Cash Flow Reinvestment Rate

Latest as of March 2026: 0.62x

Devon Energy Corporation cash flow reinvestment rate. Devon Energy Corporation (DVN) has a Cash Flow Reinvestment Rate of 0.62x as of March 2026, reinvesting $1.03 Billion (capex $1.03 Billion ) from operating cash flow of $1.66 Billion. Explore Devon Energy Corporation cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Reinvestment Rate

0.62x
(Capex + Investments) / Operating CF

Total Reinvested

$1.03 Billion
Capex + Investments

Operating Cash Flow

$1.66 Billion
USD

Capital Expenditures

$1.03 Billion
USD

Cash Flow Reinvestment Rate of Devon Energy Corporation (1989–2025)

Cash flow reinvestment rate of Devon Energy Corporation from 1989 to 2025. Historical reinvestment intensity for Devon Energy Corporation across 37 annual periods. Explore Devon Energy Corporation capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Devon Energy Corporation Cash Flow Reinvestment Rate by Year (1989–2025)

Devon Energy Corporation cash flow reinvestment rate by year from 1989 to 2025. Year-by-year capital reinvestment analysis for Devon Energy Corporation. For the full cash flow conversion analysis, see Devon Energy Corporation (DVN) cash flow conversion.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.54x $3.65 Billion $6.71 Billion $3.59 Billion ▼ -75.7%
2024 2.24x $14.79 Billion $6.60 Billion $7.45 Billion ▲ +87.8%
2023 1.19x $7.81 Billion $6.54 Billion $3.95 Billion ▼ -0.7%
2022 1.20x $10.25 Billion $8.53 Billion $5.12 Billion ▲ +191.8%
2021 0.41x $2.02 Billion $4.90 Billion $2.01 Billion ▼ -69.1%
2020 1.33x $1.81 Billion $1.35 Billion $1.16 Billion ▼ -3.4%
2019 1.38x $2.86 Billion $2.07 Billion $1.94 Billion ▲ +4.9%
2018 1.32x $3.56 Billion $2.70 Billion $2.51 Billion ▼ -23.6%
2017 1.72x $5.01 Billion $2.91 Billion $2.81 Billion ▼ -37.8%
2016 2.77x $4.84 Billion $1.75 Billion $3.97 Billion ▲ +126.1%
2015 1.23x $6.61 Billion $5.38 Billion $6.42 Billion ▼ -45.7%
2014 2.26x $13.51 Billion $5.98 Billion $13.45 Billion ▲ +34.9%
2013 1.67x $9.10 Billion $5.44 Billion $6.76 Billion ▼ -8.5%
2012 1.83x $9.06 Billion $4.96 Billion $8.22 Billion ▲ +28.2%
2011 1.43x $8.88 Billion $6.22 Billion $7.53 Billion ▲ +18.4%
2010 1.20x $6.60 Billion $5.48 Billion $6.48 Billion ▲ +16.8%
2009 1.03x $4.89 Billion $4.74 Billion $4.88 Billion ▲ +3.5%
2008 1.00x $9.38 Billion $9.41 Billion $9.38 Billion ▲ +7.6%
2007 0.93x $6.16 Billion $6.65 Billion $6.16 Billion ▼ -26.5%
2006 1.26x $7.55 Billion $5.99 Billion $7.55 Billion ▲ +72.9%
2005 0.73x $4.09 Billion $5.61 Billion $4.09 Billion ▲ +13.1%
2004 0.64x $3.10 Billion $4.82 Billion $3.10 Billion ▼ -6.2%
2003 0.69x $2.59 Billion $3.77 Billion $2.59 Billion ▼ -64.8%
2002 1.95x $3.43 Billion $1.75 Billion $3.43 Billion ▼ -30.8%
2001 2.82x $5.33 Billion $1.89 Billion $5.33 Billion ▲ +257.2%
2000 0.79x $1.28 Billion $1.62 Billion $1.28 Billion ▼ -51.0%
1999 1.61x $332.00 Million $205.60 Million $332.00 Million ▼ -17.6%
1998 1.96x $375.50 Million $191.60 Million $375.50 Million ▲ +153.3%
1997 0.77x $130.50 Million $168.70 Million $130.50 Million ▼ -32.1%
1996 1.14x $98.90 Million $86.80 Million $98.90 Million ▼ -40.6%
1995 1.92x $117.60 Million $61.30 Million $117.60 Million ▲ +150.0%
1994 0.77x $35.60 Million $46.40 Million $35.60 Million ▼ -42.6%
1993 1.34x $85.60 Million $64.00 Million $85.60 Million ▲ +156.6%
1992 0.52x $15.90 Million $30.50 Million $15.90 Million ▼ -59.6%
1991 1.29x $12.00 Million $9.30 Million $12.00 Million ▼ -42.8%
1990 2.26x $30.90 Million $13.70 Million $30.90 Million ▼ -7.5%
1989 2.44x $16.10 Million $6.60 Million $16.10 Million —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow