Devon Energy (XSWX:DVN) EV-to-EBIT: 13.66 (As of Aug. 19, 2026) — 100% Above Median

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XSWX:DVN Devon Energy Corp XSWX:DVN
75 GF Score
Price CHF38.94
GF Value CHF36.47
! 6 Warning Signs
View Full Analysis

What is Devon Energy EV-to-EBIT?

Devon Energy XSWX:DVN +4.23% 75 EV-to-EBIT is 13.66 as of Aug. 19, 2026, which is 100% above its 10-year median of 6.83. GuruFocus rates XSWX:DVN with a GF Score™ of 75/100 and a GF Value™ of CHF36.47. The stock has 6 warning signs investors should review. Among 708 Oil & Gas companies, Devon Energy ranks worse than 58.05% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Devon Energy's Enterprise Value is CHF51,358 Mil. Devon Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was CHF3,760 Mil. Therefore, Devon Energy's EV-to-EBIT for today is 13.66.

The historical rank and industry rank for Devon Energy's EV-to-EBIT or its related term are showing as below:

XSWX:DVN' s EV-to-EBIT Range Over the Past 10 Years
Min: -196.94   Med: 6.83   Max: 92.42
Current: 13.44

During the past 13 years, the highest EV-to-EBIT of Devon Energy was 92.42. The lowest was -196.94. And the median was 6.83.

XSWX:DVN's EV-to-EBIT is ranked worse than
58.05% of 708 companies
in the Oil & Gas industry
Industry Median: 11.35 vs XSWX:DVN: 13.44

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Devon Energy's Enterprise Value for the quarter that ended in Jun. 2026 was CHF47,838 Mil. Devon Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was CHF3,760 Mil. Devon Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.86%.


Devon Energy  (XSWX:DVN) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Devon Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=3759.894/47838.071
=7.86 %

Devon Energy's Enterprise Value for the quarter that ended in Jun. 2026 was CHF47,838 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 CHF3,760 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

* Premium members only.

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.

Devon Energy EV-to-EBIT Chart

Devon Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.34 5.59 6.92 7.26 7.55

Devon Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT 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 6.61 7.21 7.55 10.95 12.35

XSWX:DVN vs OXY, FANG, EQT: EV-to-EBIT Comparison

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.


XSWX:DVN
75GF Score
Devon Energy Corp XSWX:DVN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Devon Energy EV-to-EBIT Calculation

Devon Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=51358.314/3759.894
=13.66

Devon Energy's current Enterprise Value is CHF51,358 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 CHF3,760 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 13.66 mean?
Devon Energy (XSWX:DVN) has a EV-to-EBIT of 13.66 as of Aug. 19, 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 100% above median its historical median of 6.83. According to the industry distribution chart, Devon Energy ranks #411 out of 708 companies in the Oil & Gas industry, placing it in the top 58.1%.
Is Devon Energy's EV-to-EBIT too high?
Devon Energy's current EV-to-EBIT of 13.66 is 100% above median its 10-year median of 6.83. The Oil & Gas industry median EV-to-EBIT is 11.35. Devon Energy's value of 13.66 is 20.4% above this industry median. Based on the distribution chart, Devon Energy ranks #411 out of 708 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Devon Energy has a GF Score™ of 75/100, 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 #411 out of 708 companies for EV-to-EBIT. This places Devon Energy in the lower half of its industry. The industry median EV-to-EBIT is 11.35. Devon Energy's value of 13.66 is 20.4% above this benchmark. While the company's 10-year median is 6.83 vs. the industry median of 11.35, 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 11.35, based on 708 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 13.66 is 20.4% 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 11.35 — 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 13.66, which is 100% 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?
Devon Energy (XSWX:DVN) has a current EV-to-EBIT of 13.66. The stock's GF Value™ is CHF36.47, compared to a current price of CHF38.94 — trading 6.8% above its estimated fair value. The current EV-to-EBIT is 13.66, which is 100% above median its 10-year median of 6.83 and 20.4% above the Oil & Gas industry median of 11.35. Devon Energy's overall GF Score™ is 75/100 with 6 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 (XSWX:DVN), the current EV-to-EBIT is 13.66 as of Aug. 19, 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 (XSWX:DVN) Overvalued in 2026?

Based on GuruFocus' analysis, Devon Energy stock appears to be overvalued. The current stock price of CHF38.94 is trading 6.8% above its estimated GF Value™ of CHF36.47.

Key valuation signals for XSWX:DVN:

  • EV-to-EBIT: 13.66 (100% above median its 10-year median of 6.83)
  • GF Value™: CHF36.47 vs. price of CHF38.94 (6.8% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 20.4% above the Oil & Gas median (#411 of 708)

No single metric tells the full story. See the XSWX: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.
75GF Score

Get the complete analysis for XSWX:DVN

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF38.94
Price
CHF36.47
GF Value