Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Devon Energy's Enterprise Value is CHF43,259 Mil.
Devon Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was CHF2,786 Mil. Therefore, Devon Energy's EV-to-EBIT ratio for today is 15.53.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Devon Energy's Enterprise Value is CHF43,259 Mil.
Devon Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was CHF5,650 Mil. Therefore, Devon Energy's EV-to-EBITDA ratio for today is 7.66.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Devon Energy's Enterprise Value is CHF43,259 Mil.
Devon Energy's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was CHF13,213 Mil. Therefore, Devon Energy's EV-to-Revenue ratio for today is 3.27.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Devon Energy's Enterprise Value is CHF43,259 Mil.
Devon Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was CHF1,934 Mil. Therefore, Devon Energy's EV-to-FCF ratio for today is 22.37.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Devon Energy (XSWX:DVN) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Devon Energy's current Enterprise Value is CHF43,259 Mil.
Devon Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF2,786 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Devon Energy's current Enterprise Value is CHF43,259 Mil.
Devon Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF5,650 Mil.
Devon Energy's current Enterprise Value is CHF43,259 Mil.
Devon Energy's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF13,213 Mil.
Devon Energy's current Enterprise Value is CHF43,259 Mil.
Devon Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF5,127 Mil.
Devon Energy's current Enterprise Value is CHF43,259 Mil.
Devon Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,934 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 Enterprise Value Related Terms
Devon Energy Enterprise Value Historical Data
* Premium members only.
The historical data trend for Devon Energy's Enterprise Value 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.
XSWX:DVN vs OXY, FANG, EQT: Enterprise Value Comparison
For the Oil & Gas E&P subindustry, Devon Energy's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Devon Energy's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Devon Energy's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Devon Energy's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
What does a Enterprise Value of CHF43,259 Mil mean?
Devon Energy (XSWX:DVN) has a Enterprise Value of CHF43,259 Mil as of Jul. 05, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Devon Energy and its competitors.
Is Devon Energy's Enterprise Value too high?
Devon Energy's current Enterprise Value is CHF43,259 Mil. Overall, Devon Energy has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Devon Energy's Enterprise Value compare to OXY and FANG?
Devon Energy's Enterprise Value of CHF43,259 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Devon Energy and its competitors. Devon Energy's current Enterprise Value is CHF43,259 Mil. 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 Enterprise Value of CHF43,259 Mil. The stock's GF Value™ is CHF40.70, compared to a current price of CHF32.45 — trading 20.3% below its estimated fair value. The current Enterprise Value is CHF43,259 Mil. Devon Energy's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Devon Energy (XSWX:DVN), the current Enterprise Value is CHF43,259 Mil as of Jul. 05, 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 undervalued.
The current stock price of CHF32.45 is trading 20.3% below its estimated GF Value™ of CHF40.70.
Key valuation signals for XSWX:DVN:
Enterprise Value: CHF43,259 Mil
GF Value™: CHF40.70 vs. price of CHF32.45 (20.3% below fair value)
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 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.
72GF Score
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