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). See DVN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. Explore Devon Energy Corporation (DVN) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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 market value of Devon Energy Corporation.
| 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 | — |