Devon Energy (MEX:DVN) EBITDA Margin %: 31.21% (As of Mar. 2026) — 13% Below Median


MEX:DVN Devon Energy Corp MEX:DVN
80 GF Score
Price MXN737.10
GF Value MXN869.47
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Devon Energy EBITDA Margin %?

Devon Energy MEX:DVN 80 EBITDA Margin % is 31.21% as of Mar. 2026, which is 13% below its 10-year median of 35.81. GuruFocus rates MEX:DVN with a GF Score™ of 80/100 and a GF Value™ of MXN869.47 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 916 Oil & Gas companies, Devon Energy ranks better than 75.55% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Devon Energy's EBITDA for the three months ended in Mar. 2026 was MXN21,423 Mil. Devon Energy's Revenue for the three months ended in Mar. 2026 was MXN68,650 Mil. Therefore, Devon Energy's EBITDA margin for the quarter that ended in Mar. 2026 was 31.21%.


Devon Energy  (MEX:DVN) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Devon Energy EBITDA Margin % Related Terms


Devon Energy EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Devon Energy's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Devon Energy EBITDA Margin % Chart

Devon Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.60 54.09 49.46 46.22 43.97

Devon Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37.85 51.38 44.24 42.61 31.21

MEX:DVN vs FANG, OXY, EQT: EBITDA Margin % Comparison

For the Oil & Gas E&P subindustry, Devon Energy's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Devon Energy EBITDA Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Devon Energy's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Devon Energy's EBITDA Margin % falls into.


MEX:DVN
80GF Score
Devon Energy Corp MEX:DVN
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Devon Energy EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Devon Energy's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=136087.081/309481.972
=43.97 %

Devon Energy's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=21422.848/68650.489
=31.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 31.21% mean?
Devon Energy (MEX:DVN) has a EBITDA Margin % of 31.21% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Devon Energy and its competitors. This is 13% below median its historical median of 35.81. According to the industry distribution chart, Devon Energy ranks #224 out of 916 companies in the Oil & Gas industry, placing it in the top 24.5%.
Is Devon Energy's EBITDA Margin % too high?
Devon Energy's current EBITDA Margin % of 31.21% is 13% below median its 10-year median of 35.81. The Oil & Gas industry median EBITDA Margin % is 13.80. Devon Energy's value of 31.21% is 126.2% above this industry median. Based on the distribution chart, Devon Energy ranks #224 out of 916 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Devon Energy has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Devon Energy's EBITDA Margin % compare to FANG and OXY?
According to the Oil & Gas industry distribution chart, Devon Energy ranks #224 out of 916 companies for EBITDA Margin %. This places Devon Energy in the top 25% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 13.80. Devon Energy's value of 31.21% is 126.2% above this benchmark. While the company's 10-year median is 35.81 vs. the industry median of 13.80, Devon Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Devon Energy's current EBITDA Margin % of 31.21% is 126.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Devon Energy and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devon Energy's current EBITDA Margin % is 31.21%, which is 13% below median its own 10-year median of 35.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Devon Energy stock overvalued right now?
Based on GuruFocus' analysis, Devon Energy (MEX:DVN) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN869.47, compared to a current price of MXN737.10 — trading 15.2% below its estimated fair value. The current EBITDA Margin % is 31.21%, which is 13% below median its 10-year median of 35.81 and 126.2% above the Oil & Gas industry median of 13.80. Devon Energy's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Devon Energy (MEX:DVN), the current EBITDA Margin % is 31.21% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Devon Energy (MEX:DVN) Overvalued in 2026?

Based on GuruFocus' analysis, Devon Energy stock appears to be undervalued. The current stock price of MXN737.10 is trading 15.2% below its estimated GF Value™ of MXN869.47. GuruFocus considers Devon Energy to be Modestly Undervalued.

Key valuation signals for MEX:DVN:

  • EBITDA Margin %: 31.21% (13% below median its 10-year median of 35.81)
  • GF Value™: MXN869.47 vs. price of MXN737.10 (15.2% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 126.2% above the Oil & Gas median (#224 of 916)

No single metric tells the full story. See the MEX:DVN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Devon Energy Business Description

Industry EnergyOil & Gas
Address 333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. After the merger with Coterra, it will have a foothold in the gas-driven Appalachian Basin as well. At the end of 2025, Devon reported net proved reserves of 2.4 billion barrels of oil equivalent, up from 2.2 billion in 2024. Net production averaged roughly 840,000 barrels of oil equivalent per day in 2025 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
80GF Score

Get the complete analysis for MEX:DVN

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN737.10
Price
MXN869.47
GF Value