Devon Energy Corporation (DVN) — Free Cash Flow Generation Index

Latest as of March 2026: 0.38x

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). Read debt load of Devon Energy Corporation for a breakdown of total debt and financial obligations.

FCF Generation Index

0.38x
Free Cash Flow / Operating CF

Free Cash Flow

$635.00 Million
USD

Operating Cash Flow

$1.66 Billion
USD

Capital Expenditures

$1.03 Billion
USD

Devon Energy Corporation Free Cash Flow Generation Index (1989–2025)

Historical FCF Generation Index trend 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.

Annual Free Cash Flow Generation for Devon Energy Corporation (1989–2025)

Year-by-year Free Cash Flow Generation Index for Devon Energy Corporation. For the full company profile including market capitalisation, see DVN market cap.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).