What is the current annual operating margin of DVN?

As of today, DVN annual operating margin is 22.04%

What is 1-year change in DVN annual operating margin?

DVN annual operating margin is down -9.00% year-over-year

What is 3-year change in DVN annual operating margin?

DVN annual operating margin is down -49.05% over the past 3 years

How far is DVN annual operating margin from its all-time high?

DVN annual operating margin is currently -54.85% below its historical high of 48.82% set on December 31, 2000

How does DVN annual operating margin rank versus sector peers?

DVN annual operating margin is higher than 66.26% of companies in Energy sector

When is DVN next annual earnings release?

As of today, the next annual earnings release for DVN has not been scheduled

What is the current quarterly operating margin of DVN?

As of today, DVN quarterly operating margin is 22.47%

What is DVN quarterly operating margin most recent change?

DVN quarterly operating margin was up +17.58% on March 31, 2026

What is 1-year change in DVN quarterly operating margin?

DVN quarterly operating margin is up +0.90% year-over-year

How far is DVN quarterly operating margin from its all-time high?

DVN quarterly operating margin is currently -63.78% below its historical high of 62.04% set on December 31, 2000

How does DVN quarterly operating margin rank versus sector peers?

DVN quarterly operating margin is higher than 58.30% of companies in Energy sector

When is DVN next earnings release?

The next earnings release for DVN is on November 4, 2026

DVN Operating Margin History & Chart Since 1987

Annual Operating Margin

22.04%2.18%-9.00%

December 31, 2025

Summary

Current Value: As of today, DVN annual operating margin is 22.04%, down -9.00% on December 31, 2025
Historical Performance: DVN annual operating margin is down -49.05% over the past 3 years, up +483.97% over the past 5 years
All-Time High Comparison: DVN annual operating margin is currently -54.85% below its historical high of 48.82% set on December 31, 2000
3-Year Low Comparison: DVN annual operating margin is at its 3-year low
Sector Comparison: DVN annual operating margin is higher than 66.26% of companies in Energy sector

Operating Margin Chart

beforeafter

Performance

DVN Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	22.04%	-9.0%	-49.0%	+484.0%	-35.5%
Quarterly Operating Margin	Mar 31, 26	22.47%	+0.9%	-31.7%	-32.3%	-34.2%
Price	Aug 7, 26	$42.97	+32.7%	-15.4%	+59.1%	-38.5%
PE Ratio	Aug 7, 26	11.92	+64.2%	+71.3%	-91.7%	-30.3%
Annual Revenue	Dec 31, 25	$17.13B	+10.0%	-13.6%	+266.5%	+87.6%
Annual Operating Profit	Dec 31, 25	$3.78B	+0.1%	-56.0%	+1508.6%	+21.1%
Annual Gross Margin	Dec 31, 25	24.71%	-9.9%	-45.4%	+1547.3%	-44.5%
Annual Net Margin	Dec 31, 25	15.65%	-17.2%	-48.1%	+128.7%	-38.1%

Operating Margin Highs

DVN Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	43.26%	N/A	-49.0%
5Y	43.26%	Dec 31, 22	-49.0%
All	48.82%	Dec 31, 00	-54.9%

Operating Margin Lows

DVN Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	22.04%	Dec 31, 25	at low
5Y	-5.74%	N/A	+484.0%
All	-66.31%	Dec 31, 15	+133.2%

Operating Margin History

Year	Value	Change
2025	22.04%	-9.0%
2024	24.22%	-23.5%
2023	31.65%	-26.8%
2022	43.26%	+23.5%
2021	35.04%	+710.5%
2020	-5.74%	-222.9%
2019	4.67%	-61.9%
2018	12.26%	+60.9%
2017	7.62%	+9,425.0%
2016	0.08%	+100.1%
2015	-66.31%	-420.2%
2014	20.71%	-21.5%
2013	26.39%	+59.0%
2012	16.60%	-52.0%
2011	34.59%	+1.3%
2010	34.15%	+156.3%
2009	-60.67%	-238.3%
2008	43.86%	+10.2%
2007	39.80%	-5.9%
2006	42.30%	-12.7%

Year	Value	Change
2005	48.45%	+18.8%
2004	40.79%	+7.3%
2003	38.03%	+37.7%
2002	27.62%	-32.5%
2001	40.92%	-16.2%
2000	48.82%	+57.1%
1999	31.07%	+6.8%
1998	29.09%	-30.6%
1997	41.94%	-0.8%
1996	42.27%	+46.6%
1995	28.84%	+8.5%
1994	26.59%	-10.6%
1993	29.75%	-3.8%
1992	30.92%	+54.7%
1991	19.99%	+2.8%
1990	19.44%	+58.7%
1989	12.25%	+260.1%
1988	-7.65%	+31.6%
1987	-11.18%	-

FAQ

What is the current annual operating margin of DVN?: As of today, DVN annual operating margin is 22.04%
What is 1-year change in DVN annual operating margin?: DVN annual operating margin is down -9.00% year-over-year
What is 3-year change in DVN annual operating margin?: DVN annual operating margin is down -49.05% over the past 3 years
How far is DVN annual operating margin from its all-time high?: DVN annual operating margin is currently -54.85% below its historical high of 48.82% set on December 31, 2000
How does DVN annual operating margin rank versus sector peers?: DVN annual operating margin is higher than 66.26% of companies in Energy sector
When is DVN next annual earnings release?: As of today, the next annual earnings release for DVN has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

22.47%3.36%+17.58%

March 31, 2026

Summary

Current Value: As of today, DVN quarterly operating margin is 22.47%, up +17.58% on March 31, 2026
Historical Performance: DVN quarterly operating margin is up +0.90% year-over-year, down -31.72% over the past 3 years
All-Time High Comparison: DVN quarterly operating margin is currently -63.78% below its historical high of 62.04% set on December 31, 2000
3-Year Low Comparison: DVN quarterly operating margin is +20.74% above its 3-year low of 18.61% reached on December 31, 2024
Sector Comparison: DVN quarterly operating margin is higher than 58.30% of companies in Energy sector

Performance

DVN Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Mar 31, 26	22.47%	+17.6%	+0.9%	-31.7%	-32.3%
Annual Operating Margin	Dec 31, 25	22.04%	–	-9.0%	-49.0%	+484.0%
Price	Aug 7, 26	$42.97	-5.2%	+32.7%	-15.4%	+59.1%
PE Ratio	Aug 7, 26	11.92	-5.2%	+64.2%	+71.3%	-91.7%
Quarterly Revenue	Mar 31, 26	$4.51B	+11.2%	+3.1%	+19.9%	+60.4%
Quarterly Operating Profit	Mar 31, 26	$1.01B	+30.7%	+4.0%	-18.1%	+8.6%
Quarterly Gross Margin	Mar 31, 26	25.24%	+12.5%	0.0%	-29.4%	-31.8%
Quarterly Net Margin	Mar 31, 26	2.66%	-80.8%	-77.2%	-90.0%	-65.1%

Quarterly Operating Margin Highs

DVN Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	22.47%	Mar 31, 26	at high
3Y	33.93%	Sep 30, 23	-33.8%
5Y	51.32%	Jun 30, 22	-56.2%
All	62.04%	Dec 31, 00	-63.8%

Quarterly Operating Margin Lows

DVN Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	18.63%	N/A	+20.6%
3Y	18.61%	Dec 31, 24	+20.7%
5Y	18.61%	Dec 31, 24	+20.7%
All	-410.48%	Dec 31, 08	+105.5%

Quarterly Operating Margin History

Month	Value	Change
Mar 2026	22.47%	+17.6%
Dec 2025	19.11%	-10.8%
Sep 2025	21.43%	+15.0%
Jun 2025	18.63%	-16.3%
Mar 2025	22.27%	+19.7%
Dec 2024	18.61%	-23.5%
Sep 2024	24.33%	-11.8%
Jun 2024	27.58%	+2.0%
Mar 2024	27.05%	-14.2%
Dec 2023	31.51%	-7.1%
Sep 2023	33.93%	+20.6%
Jun 2023	28.14%	-14.5%
Mar 2023	32.91%	-11.9%
Dec 2022	37.36%	-13.7%
Sep 2022	43.29%	-15.6%
Jun 2022	51.32%	+7.4%
Mar 2022	47.78%	+19.3%
Dec 2021	40.06%	+8.4%
Sep 2021	36.96%	+14.3%
Jun 2021	32.34%	-2.6%
Mar 2021	33.20%	+283.4%
Dec 2020	8.66%	+1,355.1%
Sep 2020	-0.69%	+99.2%
Jun 2020	-89.68%	-363.5%
Mar 2020	-19.35%	-277.4%
Dec 2019	10.91%	-23.5%
Sep 2019	14.27%	-31.5%
Jun 2019	20.84%	+107.5%
Mar 2019	-277.34%	-2,756.5%
Dec 2018	10.44%	-37.4%
Sep 2018	16.67%	+27.2%
Jun 2018	13.11%	+66.8%
Mar 2018	7.86%	-24.1%
Dec 2017	10.35%	+24.2%
Sep 2017	8.33%	+54.0%
Jun 2017	5.41%	-62.7%
Mar 2017	14.51%	+74.8%
Dec 2016	8.30%	-33.5%
Sep 2016	12.48%	+91.1%
Jun 2016	6.53%	+154.5%
Mar 2016	-11.99%	-291.8%
Dec 2015	-3.06%	-887.1%
Sep 2015	-0.31%	-113.2%
Jun 2015	2.34%	+121.0%
Mar 2015	-11.15%	-198.8%
Dec 2014	11.28%	-49.6%
Sep 2014	22.39%	-2.1%
Jun 2014	22.87%	-11.8%
Mar 2014	25.93%	+1.0%
Dec 2013	25.68%	-18.4%
Sep 2013	31.46%	+8.7%
Jun 2013	28.95%	+62.3%
Mar 2013	17.84%	+5.9%
Dec 2012	16.85%	+8.0%
Sep 2012	15.60%	+60.7%
Jun 2012	9.71%	-57.4%
Mar 2012	22.79%	-28.7%
Dec 2011	31.97%	-5.9%
Sep 2011	33.97%	-10.7%
Jun 2011	38.05%	+11.4%
Mar 2011	34.17%	+12.1%
Dec 2010	30.48%	-4.3%
Sep 2010	31.86%	-4.6%
Jun 2010	33.38%	-16.2%
Mar 2010	39.81%	+7.2%
Dec 2009	37.13%	+38.1%
Sep 2009	26.89%	+9.1%
Jun 2009	24.65%	+107.3%
Mar 2009	-335.97%	+18.2%
Dec 2008	-410.48%	-922.4%
Sep 2008	49.91%	-5.3%
Jun 2008	52.68%	+11.6%
Mar 2008	47.22%	+12.2%
Dec 2007	42.10%	+14.2%
Sep 2007	36.88%	-12.5%

Month	Value	Change
Jun 2007	42.13%	+12.9%
Mar 2007	37.32%	-2.3%
Dec 2006	38.18%	-8.0%
Sep 2006	41.48%	-6.7%
Jun 2006	44.44%	-0.3%
Mar 2006	44.57%	-4.8%
Dec 2005	46.80%	-9.3%
Sep 2005	51.59%	+12.2%
Jun 2005	45.99%	+14.4%
Mar 2005	40.20%	-0.4%
Dec 2004	40.37%	-3.3%
Sep 2004	41.73%	+0.5%
Jun 2004	41.51%	>+9,900.0%
Mar 2004	0.04%	-99.9%
Dec 2003	27.23%	-28.7%
Sep 2003	38.19%	+0.2%
Jun 2003	38.11%	-11.2%
Mar 2003	42.91%	+32.7%
Dec 2002	32.33%	+14.6%
Sep 2002	28.20%	+200.2%
Jun 2002	-28.15%	-221.1%
Mar 2002	23.24%	+23.2%
Dec 2001	18.86%	-39.9%
Sep 2001	31.37%	-33.9%
Jun 2001	47.43%	-22.4%
Mar 2001	61.10%	-1.5%
Dec 2000	62.04%	+25.4%
Sep 2000	49.49%	+12.4%
Jun 2000	44.02%	+12.7%
Mar 2000	39.07%	+14.5%
Dec 1999	34.12%	+8.4%
Sep 1999	31.48%	+5.7%
Jun 1999	29.77%	+52.0%
Mar 1999	19.59%	-44.3%
Dec 1998	35.17%	+116.0%
Sep 1998	16.28%	-25.8%
Jun 1998	21.95%	-22.1%
Mar 1998	28.18%	+68.4%
Dec 1997	16.73%	-59.1%
Sep 1997	40.88%	+4.4%
Jun 1997	39.17%	-23.0%
Mar 1997	50.85%	+25.5%
Dec 1996	40.51%	-1.2%
Sep 1996	41.01%	+7.0%
Jun 1996	38.34%	+6.0%
Mar 1996	36.18%	+13.5%
Dec 1995	31.89%	-20.8%
Sep 1995	40.24%	+75.3%
Jun 1995	22.96%	+51.8%
Mar 1995	15.13%	-26.5%
Dec 1994	20.59%	-13.2%
Sep 1994	23.72%	-19.3%
Jun 1994	29.41%	-7.5%
Mar 1994	31.80%	-5.3%
Dec 1993	33.58%	+19.5%
Sep 1993	28.09%	-10.3%
Jun 1993	31.30%	+24.2%
Mar 1993	25.21%	-31.4%
Dec 1992	36.75%	+38.8%
Sep 1992	26.47%	+15.9%
Jun 1992	22.83%	+177.7%
Mar 1992	8.22%	-50.7%
Dec 1991	16.67%	+100.1%
Sep 1991	8.33%	-50.8%
Jun 1991	16.92%	+105.4%
Mar 1991	-311.84%	-1,525.2%
Dec 1990	21.88%	+10.8%
Sep 1990	19.74%	+171.5%
Jun 1990	7.27%	-29.3%
Mar 1990	10.29%	+194.7%
Dec 1989	-10.87%	-252.2%
Sep 1989	7.14%	-10.8%
Jun 1989	8.00%	+103.4%
Dec 1988	-233.90%	+38.9%
Dec 1987	-382.86%	-

FAQ

What is the current quarterly operating margin of DVN?: As of today, DVN quarterly operating margin is 22.47%
What is DVN quarterly operating margin most recent change?: DVN quarterly operating margin was up +17.58% on March 31, 2026
What is 1-year change in DVN quarterly operating margin?: DVN quarterly operating margin is up +0.90% year-over-year
How far is DVN quarterly operating margin from its all-time high?: DVN quarterly operating margin is currently -63.78% below its historical high of 62.04% set on December 31, 2000
How does DVN quarterly operating margin rank versus sector peers?: DVN quarterly operating margin is higher than 58.30% of companies in Energy sector
When is DVN next earnings release?: The next earnings release for DVN is on November 4, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

DVN Official Website www.devonenergy.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1090012/000119312526056485/0001193125-26-056485-index.htm
DVN Profile on Yahoo Finance finance.yahoo.com/quote/DVN
DVN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/dvn