Devon Energy Stock

Devon Energy ROCE

The Return on Capital Employed (ROCE) of Devon Energy (DVN) as of Aug 25, 2026 is 24.83 %. In the previous year, Return on Capital Employed (ROCE) was 28.44 % — a change of -12.69% (lower).

ROCE

24.83 %

YoY

-12.69%

Last updated:

In 2026, Devon Energy's return on capital employed (ROCE) was 24.83 %, a -12.69% increase from the 28.44 % ROCE in the previous year.

The Devon Energy ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2018
19.31 USD
Jan 1, 2019
2.70 USD
Jan 1, 2020
-19.54 USD
Jan 1, 2021
34.54 USD
Jan 1, 2022
70.11 USD
Jan 1, 2023
40.43 USD
Jan 1, 2024
28.44 USD
Jan 1, 2025
24.83 USD
The Devon Energy ROCE history
YEARROCEYoY
24.83 %-12.69%
28.44 %-29.65%
40.43 %-42.34%
70.11 %+103.02%
34.54 %-276.72%
-19.54 %-823.09%
2.70 %-86.01%
19.31 %+397.95%
3.88 %-113.90%
-27.90 %-85.21%
-188.62 %-1,157.54%
17.84 %
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Devon Energy Stock analysis

What does Devon Energy do? Devon Energy Corp is an American company based in Oklahoma City, Oklahoma. It was founded in 1971 by J. Larry Nichols and John Nichols. The original business idea was the exploration and production of oil and gas. In later years, Devon Energy's business model expanded to include the entire range of the oil and gas industry. The company produces and markets oil, natural gas, NGL (Natural Gas Liquids), and electric power. In recent years, the company has specialized in the exploration and production of shale gas and shale oil, which now makes up a majority of the company. Devon Energy Corp is divided into various divisions, including exploration and production in the USA and Canada, processing and marketing of NGLs, and electricity production. The company is able to offer everything from exploration and development of new resources to processing and marketing in the USA and Canada. The main products of Devon Energy Corp are oil, natural gas, and NGLs. The company is one of the largest producers of natural gas in the USA and one of the top 20 companies in oil production in North America. It has reserves of more than 3 billion barrels of oil equivalent (BOE). The company places a strong emphasis on sustainability and environmental consciousness. For example, in the production of shale gas and shale oil, state-of-the-art technologies are used to minimize the impact on the environment. In recent years, Devon Energy Corp has responded to changes in the energy market and begun investing in renewable energy. For example, the company acquired a solar power plant in California and is currently planning new wind projects. Devon Energy Corp has a rich history. In 1997, it acquired Mitchell Energy, a company specializing in oil and gas exploration and production, thus becoming a leader in shale gas production. The sale of assets and business areas in recent years has allowed the company to focus on its core competencies and emerge stronger from the crisis. Overall, Devon Energy Corp is a modern, innovative company that offers its customers a wide range of products and services. Its commitment to sustainability and investment in renewable energy demonstrate that the company is willing to face current challenges and establish itself in the long term. Devon Energy is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Devon Energy's Return on Capital Employed (ROCE)

Devon Energy's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Devon Energy's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Devon Energy's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Devon Energy’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Devon Energy stock

Return on Capital Employed (ROCE) of Devon Energy is 24.83 % in 2026.

Return on Capital Employed (ROCE) of Devon Energy changed from 28.44 % to 24.83 %, representing a -12.69% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Devon Energy since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Devon Energy with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Devon Energy

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