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Devon EnergyMEX:DVN -1.55%81 EV-to-EBIT is 12.12 as of Aug. 14, 2026, which is 77% above its 10-year median of 6.83. GuruFocus rates MEX:DVN with a GF Score™ of 81/100 and a GF Value™ of MXN757.85 (Fairly Valued). The stock has 4 warning signs investors should review. Among 707 Oil & Gas companies, Devon Energy ranks worse than 55.59% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Devon Energy's Enterprise Value for the quarter that ended in Jun. 2026 was MXN1,030,192 Mil.
Devon Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN83,848 Mil.
* 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 EV-to-EBIT Related Terms
Devon Energy EV-to-EBIT Historical Data
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The historical data trend for Devon Energy's EV-to-EBIT 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.
For the Oil & Gas E&P subindustry, Devon Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Devon Energy's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Devon Energy's EV-to-EBIT falls into.
Devon Energy's current Enterprise Value is MXN1,016,406 Mil.
Devon Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN83,848 Mil.
* 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 (MEX:DVN) has a EV-to-EBIT of 12.12 as of Aug. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Devon Energy and its competitors. This is 77% above median its historical median of 6.83. According to the industry distribution chart, Devon Energy ranks #393 out of 707 companies in the Oil & Gas industry, placing it in the top 55.6%.
Is Devon Energy's EV-to-EBIT too high?
Devon Energy's current EV-to-EBIT of 12.12 is 77% above median its 10-year median of 6.83. The Oil & Gas industry median EV-to-EBIT is 11.53. Devon Energy's value of 12.12 is 5.1% above this industry median. Based on the distribution chart, Devon Energy ranks #393 out of 707 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Devon Energy has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Devon Energy's EV-to-EBIT compare to OXY and FANG?
According to the Oil & Gas industry distribution chart, Devon Energy ranks #393 out of 707 companies for EV-to-EBIT. This places Devon Energy in the lower half of its industry. The industry median EV-to-EBIT is 11.53. Devon Energy's value of 12.12 is 5.1% above this benchmark. While the company's 10-year median is 6.83 vs. the industry median of 11.53, 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 EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.53, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Devon Energy's current EV-to-EBIT of 12.12 is 5.1% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Devon Energy and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Devon Energy's current EV-to-EBIT is 12.12, which is 77% above median its own 10-year median of 6.83. 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 Fairly Valued. The stock's GF Value™ is MXN757.85, compared to a current price of MXN754.11 — trading 0.5% below its estimated fair value. The current EV-to-EBIT is 12.12, which is 77% above median its 10-year median of 6.83 and 5.1% above the Oil & Gas industry median of 11.53. Devon Energy's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Devon Energy (MEX:DVN), the current EV-to-EBIT is 12.12 as of Aug. 14, 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 MXN754.11 is trading 0.5% below its estimated GF Value™ of MXN757.85.
GuruFocus considers Devon Energy to be Fairly Valued.
Key valuation signals for MEX:DVN:
EV-to-EBIT: 12.12 (77% above median its 10-year median of 6.83)
GF Value™: MXN757.85 vs. price of MXN754.11 (0.5% below fair value)
Industry Position: 5.1% above the Oil & Gas median (#393 of 707)
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 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.
81GF Score
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