Devon Energy Corporation (DVN) — Cash Flow-to-Debt Ratio
Devon Energy Corporation (DVN) has a Cash Flow-to-Debt Ratio of 0.10x as of March 2026, meaning its operating cash flow of $1.66 Billion could theoretically repay 0% of its total liabilities ($17.11 Billion) in one year. See DVN FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Devon Energy Corporation Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Devon Energy Corporation across 37 annual periods. For the full cash flow conversion analysis, see Devon Energy Corporation cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Devon Energy Corporation (1989–2025)
Year-by-year debt coverage analysis for Devon Energy Corporation. Check DVN operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.42x | $6.71 Billion | $16.07 Billion | ▼ -0.1% |
| 2024 | 0.42x | $6.60 Billion | $15.79 Billion | ▼ -21.6% |
| 2023 | 0.53x | $6.54 Billion | $12.27 Billion | ▼ -22.3% |
| 2022 | 0.69x | $8.53 Billion | $12.43 Billion | ▲ +62.9% |
| 2021 | 0.42x | $4.90 Billion | $11.63 Billion | ▲ +114.5% |
| 2020 | 0.20x | $1.35 Billion | $6.89 Billion | ▼ -26.0% |
| 2019 | 0.27x | $2.07 Billion | $7.80 Billion | ▲ +2.0% |
| 2018 | 0.26x | $2.70 Billion | $10.38 Billion | ▲ +44.5% |
| 2017 | 0.18x | $2.91 Billion | $16.14 Billion | ▲ +60.4% |
| 2016 | 0.11x | $1.75 Billion | $15.54 Billion | ▼ -61.3% |
| 2015 | 0.29x | $5.38 Billion | $18.54 Billion | ▲ +17.9% |
| 2014 | 0.25x | $5.98 Billion | $24.30 Billion | ▲ +1.3% |
| 2013 | 0.24x | $5.44 Billion | $22.38 Billion | ▲ +8.1% |
| 2012 | 0.22x | $4.96 Billion | $22.05 Billion | ▼ -28.9% |
| 2011 | 0.32x | $6.22 Billion | $19.69 Billion | ▼ -21.1% |
| 2010 | 0.40x | $5.48 Billion | $13.67 Billion | ▲ +19.4% |
| 2009 | 0.34x | $4.74 Billion | $14.12 Billion | ▼ -47.0% |
| 2008 | 0.63x | $9.41 Billion | $14.85 Billion | ▲ +85.3% |
| 2007 | 0.34x | $6.65 Billion | $19.45 Billion | ▲ +0.5% |
| 2006 | 0.34x | $5.99 Billion | $17.62 Billion | ▼ -6.6% |
| 2005 | 0.36x | $5.61 Billion | $15.41 Billion | ▲ +21.5% |
| 2004 | 0.30x | $4.82 Billion | $16.06 Billion | ▲ +28.2% |
| 2003 | 0.23x | $3.77 Billion | $16.11 Billion | ▲ +54.3% |
| 2002 | 0.15x | $1.75 Billion | $11.57 Billion | ▼ -20.2% |
| 2001 | 0.19x | $1.89 Billion | $9.93 Billion | ▼ -57.9% |
| 2000 | 0.45x | $1.62 Billion | $3.58 Billion | ▲ +470.9% |
| 1999 | 0.08x | $205.60 Million | $2.60 Billion | ▼ -77.1% |
| 1998 | 0.35x | $191.60 Million | $553.90 Million | ▼ -68.6% |
| 1997 | 1.10x | $168.70 Million | $153.30 Million | ▲ +57.7% |
| 1996 | 0.70x | $86.80 Million | $124.40 Million | ▲ +130.6% |
| 1995 | 0.30x | $61.30 Million | $202.60 Million | ▼ -5.4% |
| 1994 | 0.32x | $46.40 Million | $145.00 Million | ▼ -43.7% |
| 1993 | 0.57x | $64.00 Million | $112.70 Million | ▲ +35.4% |
| 1992 | 0.42x | $30.50 Million | $72.70 Million | ▲ +121.5% |
| 1991 | 0.19x | $9.30 Million | $49.10 Million | ▼ -27.1% |
| 1990 | 0.26x | $13.70 Million | $52.70 Million | ▲ +9.1% |
| 1989 | 0.24x | $6.60 Million | $27.70 Million | — |