Devon Energy Corporation (DVN) — Free Cash Flow Generation Index
Devon Energy Corporation (DVN) has a Free Cash Flow Generation Index of 0.38x as of March 2026. Free cash flow of $635.00 Million represents 0% of operating cash flow ($1.66 Billion). Explore DVN capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Devon Energy Corporation Free Cash Flow Generation Index (1989–2025)
Historical FCF Generation Index trend for Devon Energy Corporation across 37 annual periods. For the full cash flow conversion analysis, see how efficiently does Devon Energy Corporation generate cash.
Annual Free Cash Flow Generation for Devon Energy Corporation (1989–2025)
Year-by-year Free Cash Flow Generation Index for Devon Energy Corporation. Check Devon Energy Corporation investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.46x | $3.12 Billion | $6.71 Billion | $3.59 Billion | ▲ +459.6% |
| 2024 | -0.13x | $-853.00 Million | $6.60 Billion | $7.45 Billion | ▼ -132.6% |
| 2023 | 0.40x | $2.60 Billion | $6.54 Billion | $3.95 Billion | ▼ -0.6% |
| 2022 | 0.40x | $3.40 Billion | $8.53 Billion | $5.12 Billion | ▼ -32.4% |
| 2021 | 0.59x | $2.89 Billion | $4.90 Billion | $2.01 Billion | ▲ +314.1% |
| 2020 | 0.14x | $193.00 Million | $1.35 Billion | $1.16 Billion | ▲ +127.1% |
| 2019 | 0.06x | $130.00 Million | $2.07 Billion | $1.94 Billion | ▼ -14.3% |
| 2018 | 0.07x | $198.00 Million | $2.70 Billion | $2.51 Billion | ▲ +104.8% |
| 2017 | 0.04x | $104.00 Million | $2.91 Billion | $2.81 Billion | ▲ +102.8% |
| 2016 | -1.27x | $-2.23 Billion | $1.75 Billion | $3.97 Billion | ▼ -564.7% |
| 2015 | -0.19x | $-1.03 Billion | $5.38 Billion | $6.42 Billion | ▲ +84.6% |
| 2014 | -1.25x | $-7.47 Billion | $5.98 Billion | $13.45 Billion | ▼ -413.5% |
| 2013 | -0.24x | $-1.32 Billion | $5.44 Billion | $6.76 Billion | ▲ +63.1% |
| 2012 | -0.66x | $-3.27 Billion | $4.96 Billion | $8.22 Billion | ▼ -213.4% |
| 2011 | -0.21x | $-1.31 Billion | $6.22 Billion | $7.53 Billion | ▼ -15.5% |
| 2010 | -0.18x | $-998.00 Million | $5.48 Billion | $6.48 Billion | ▼ -507.7% |
| 2009 | -0.03x | $-142.00 Million | $4.74 Billion | $4.88 Billion | ▼ -954.6% |
| 2008 | 0.00x | $33.00 Million | $9.41 Billion | $9.38 Billion | ▼ -95.3% |
| 2007 | 0.07x | $493.00 Million | $6.65 Billion | $6.16 Billion | ▲ +128.5% |
| 2006 | -0.26x | $-1.56 Billion | $5.99 Billion | $7.55 Billion | ▼ -195.9% |
| 2005 | 0.27x | $1.52 Billion | $5.61 Billion | $4.09 Billion | ▼ -23.8% |
| 2004 | 0.36x | $1.71 Billion | $4.82 Billion | $3.10 Billion | ▲ +13.5% |
| 2003 | 0.31x | $1.18 Billion | $3.77 Billion | $2.59 Billion | ▲ +132.9% |
| 2002 | -0.95x | $-1.67 Billion | $1.75 Billion | $3.43 Billion | ▲ +47.7% |
| 2001 | -1.82x | $-3.44 Billion | $1.89 Billion | $5.33 Billion | ▼ -971.4% |
| 2000 | 0.21x | $338.90 Million | $1.62 Billion | $1.28 Billion | ▲ +134.0% |
| 1999 | -0.61x | $-126.40 Million | $205.60 Million | $332.00 Million | ▲ +35.9% |
| 1998 | -0.96x | $-183.90 Million | $191.60 Million | $375.50 Million | ▼ -523.9% |
| 1997 | 0.23x | $38.20 Million | $168.70 Million | $130.50 Million | ▲ +262.4% |
| 1996 | -0.14x | $-12.10 Million | $86.80 Million | $98.90 Million | ▲ +84.8% |
| 1995 | -0.92x | $-56.30 Million | $61.30 Million | $117.60 Million | ▼ -494.6% |
| 1994 | 0.23x | $10.80 Million | $46.40 Million | $35.60 Million | ▲ +169.0% |
| 1993 | -0.34x | $-21.60 Million | $64.00 Million | $85.60 Million | ▼ -170.5% |
| 1992 | 0.48x | $14.60 Million | $30.50 Million | $15.90 Million | ▲ +264.9% |
| 1991 | -0.29x | $-2.70 Million | $9.30 Million | $12.00 Million | ▲ +76.9% |
| 1990 | -1.26x | $-17.20 Million | $13.70 Million | $30.90 Million | ▲ +12.8% |
| 1989 | -1.44x | $-9.50 Million | $6.60 Million | $16.10 Million | — |