DVN Profit Margins

Gross, Operating & Net Margin Analysis for Devon Energy Corporation

Margin Quality

Unknown

Current Profit Margins

Gross Margin

0.0%

0.0% YoY

$0.00 gross profit

Operating Margin

0.0%

0.0% YoY

$0.00 operating income

Net Profit Margin

18.5%

6.3% YoY

$2.94B net income

5-Year Margin Trends

2020Revenue: $4.83B
Gross0.0%
Operating0.0%
Net-55.3%
2021Revenue: $12.21B
Gross0.0%
Operating0.0%
Net23.2%
2022Revenue: $19.17B
Gross0.0%
Operating0.0%
Net31.5%
2023Revenue: $15.26B
Gross0.0%
Operating0.0%
Net24.8%
2024Revenue: $15.94B
Gross0.0%
Operating0.0%
Net18.5%

What Margins Indicate About DVN

Business Quality

Lower gross margins may reflect commodity-like products or intense price competition in the Energy.

Operational Efficiency

Stable operating margins suggest consistent execution and predictable business operations.

Profitability

Net margins above 15% demonstrate excellent profitability and suggest strong competitive positioning.

Investment Implications

Mixed margin trends require deeper analysis to understand underlying business dynamics and sustainability.

Understanding Profit Margins

Gross Margin

(Revenue - Cost of Goods Sold) / Revenue. Measures pricing power and production efficiency before operating expenses.

Operating Margin

Operating Income / Revenue. Shows profitability from core operations after all operating expenses but before interest and taxes.

Net Profit Margin

Net Income / Revenue. The bottom line - shows how much profit the company keeps from each dollar of revenue after all expenses.

Analyze DVN Profitability

Get complete financial analysis with profitability trends, ROE, ROIC, and more

Frequently Asked Questions

What is DVN's profit margin?

DVN (Devon Energy Corporation) has a net profit margin of 18.5%, meaning the company keeps $0.1845671267252196 in profit for every dollar of revenue. This represents a change from the previous year's net margin of 24.8%.

What is DVN's gross margin?

DVN's gross margin is 0.0%. Gross margin measures the percentage of revenue remaining after subtracting the cost of goods sold. A lower gross margin like this reflects the competitive dynamics of the Energy.

What is DVN's operating margin?

DVN has an operating margin of 0.0%. Operating margin shows profitability after operating expenses but before interest and taxes. This metric helps investors understand how efficiently Devon Energy Corporation manages its operations.

Are DVN's profit margins good?

DVN's margins are considered unknown. When evaluating margins, it's important to compare against Oil & Gas E&P peers, as different sectors have structurally different margin profiles.

How do profit margins affect DVN stock?

Profit margins are a key indicator of DVN's business quality and competitive position. High margins suggest strong competitive advantages and pricing power, which typically support premium valuations. Expanding margins often lead to stock price appreciation, while contracting margins can signal competitive pressures.

What drives DVN's profit margins?

DVN's profit margins are influenced by several factors: pricing power vs competitors, operational efficiency, scale advantages, input costs (materials, labor), Oil & Gas E&P-specific dynamics, and management execution. Monitoring margin trends helps identify improving or deteriorating business fundamentals.

Disclaimer: Margin analysis is based on reported financial statements and should be compared to industry peers for context. Different sectors have structurally different margin profiles. This information is for educational purposes only and should not be considered financial advice.

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