Devon Energy Corporation (DVN) — Working Capital to Net Assets Ratio
Devon Energy Corporation (DVN) has a Working Capital to Net Assets ratio of 0.2% as of March 2026. Working capital of $28.00 Million (current assets of $4.76 Billion minus current liabilities of $4.73 Billion) is measured against net assets of $15.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Devon Energy Corporation free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Devon Energy Corporation Working Capital to Net Assets (1987–2025)
This chart shows how Devon Energy Corporation's Working Capital to Net Assets ratio has evolved across 39 annual periods from 1987 to 2025. As of March 2026, the ratio stands at 0.2%, reflecting working capital of $28.00 Million against net assets of $15.43 Billion USD. See Devon Energy Corporation defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Devon Energy Corporation (1987–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Devon Energy Corporation from 1987 to 2025, covering 39 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of Devon Energy Corporation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -0.5% | $-80.00 Million | $15.53 Billion | $4.01 Billion | $4.09 Billion | ▼ -1.3 pp |
| 2024 | 0.8% | $118.00 Million | $14.70 Billion | $3.43 Billion | $3.31 Billion | ▼ -0.9 pp |
| 2023 | 1.7% | $208.00 Million | $12.22 Billion | $3.16 Billion | $2.95 Billion | ▼ -5.3 pp |
| 2022 | 7.0% | $786.00 Million | $11.30 Billion | $3.89 Billion | $3.10 Billion | ▼ -5.4 pp |
| 2021 | 12.4% | $1.16 Billion | $9.40 Billion | $4.25 Billion | $3.09 Billion | ▼ -47.9 pp |
| 2020 | 60.3% | $1.82 Billion | $3.02 Billion | $3.26 Billion | $1.44 Billion | ▲ +27.8 pp |
| 2019 | 32.5% | $1.92 Billion | $5.92 Billion | $3.85 Billion | $1.93 Billion | ▲ +8.4 pp |
| 2018 | 24.1% | $2.21 Billion | $9.19 Billion | $4.44 Billion | $2.23 Billion | ▲ +13.6 pp |
| 2017 | 10.5% | $1.48 Billion | $14.10 Billion | $4.79 Billion | $3.31 Billion | ▼ -0.7 pp |
| 2016 | 11.1% | $1.16 Billion | $10.38 Billion | $3.77 Billion | $2.62 Billion | ▲ +4.5 pp |
| 2015 | 6.7% | $731.00 Million | $10.99 Billion | $4.03 Billion | $3.29 Billion | ▲ +4.5 pp |
| 2014 | 2.1% | $563.00 Million | $26.34 Billion | $6.50 Billion | $5.93 Billion | ▼ -4.4 pp |
| 2013 | 6.6% | $1.35 Billion | $20.50 Billion | $8.01 Billion | $6.66 Billion | ▼ -7.4 pp |
| 2012 | 13.9% | $2.97 Billion | $21.28 Billion | $8.97 Billion | $6.00 Billion | ▲ +2.0 pp |
| 2011 | 12.0% | $2.57 Billion | $21.43 Billion | $9.30 Billion | $6.74 Billion | ▲ +6.9 pp |
| 2010 | 5.0% | $972.00 Million | $19.25 Billion | $5.55 Billion | $4.58 Billion | ▲ +10.3 pp |
| 2009 | -5.2% | $-810.00 Million | $15.57 Billion | $2.99 Billion | $3.80 Billion | ▼ -2.6 pp |
| 2008 | -2.6% | $-451.00 Million | $17.06 Billion | $2.68 Billion | $3.13 Billion | ▼ -3.8 pp |
| 2007 | 1.2% | $257.00 Million | $22.01 Billion | $3.91 Billion | $3.66 Billion | ▲ +9.4 pp |
| 2006 | -8.2% | $-1.43 Billion | $17.44 Billion | $3.21 Billion | $4.64 Billion | ▼ -16.8 pp |
| 2005 | 8.6% | $1.27 Billion | $14.86 Billion | $4.21 Billion | $2.93 Billion | ▲ +5.0 pp |
| 2004 | 3.5% | $483.00 Million | $13.67 Billion | $3.58 Billion | $3.10 Billion | ▲ +0.9 pp |
| 2003 | 2.7% | $293.00 Million | $11.06 Billion | $2.36 Billion | $2.07 Billion | ▲ +2.2 pp |
| 2002 | 0.5% | $22.00 Million | $4.65 Billion | $1.06 Billion | $1.04 Billion | ▼ -4.5 pp |
| 2001 | 5.0% | $162.00 Million | $3.26 Billion | $1.08 Billion | $919.00 Million | ▼ -4.3 pp |
| 2000 | 9.3% | $305.15 Million | $3.28 Billion | $934.14 Million | $628.99 Million | ▼ -0.1 pp |
| 1999 | 9.4% | $189.80 Million | $2.03 Billion | $417.20 Million | $227.40 Million | ▲ +4.9 pp |
| 1998 | 4.4% | $29.90 Million | $672.50 Million | $110.60 Million | $80.70 Million | ▼ -4.6 pp |
| 1997 | 9.0% | $62.40 Million | $693.10 Million | $93.20 Million | $30.80 Million | ▲ +5.8 pp |
| 1996 | 3.2% | $19.80 Million | $621.90 Million | $43.40 Million | $23.60 Million | ▼ -1.1 pp |
| 1995 | 4.2% | $9.30 Million | $219.00 Million | $24.90 Million | $15.60 Million | ▲ +0.2 pp |
| 1994 | 4.0% | $8.30 Million | $206.40 Million | $25.30 Million | $17.00 Million | ▼ -4.7 pp |
| 1993 | 8.7% | $15.10 Million | $172.90 Million | $36.40 Million | $21.30 Million | ▲ +0.5 pp |
| 1992 | 8.2% | $12.60 Million | $153.30 Million | $24.10 Million | $11.50 Million | ▲ +0.3 pp |
| 1991 | 7.9% | $4.20 Million | $53.00 Million | $17.20 Million | $13.00 Million | ▲ +1.9 pp |
| 1990 | 6.1% | $4.30 Million | $70.80 Million | $18.10 Million | $13.80 Million | ▲ +0.7 pp |
| 1989 | 5.4% | $3.80 Million | $70.20 Million | $11.10 Million | $7.30 Million | ▲ +3.2 pp |
| 1988 | 2.2% | $900.00K | $41.60 Million | $6.60 Million | $5.70 Million | ▼ -12.0 pp |
| 1987 | 14.2% | $4.10 Million | $28.90 Million | $9.00 Million | $4.90 Million | — |