GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Devon Energy Corp (BSP:D1VN34) » Definitions » EV-to-EBIT

Devon Energy (BSP:D1VN34) EV-to-EBIT

: 8.28 (As of Today)
View and export this data going back to 2019. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Devon Energy's Enterprise Value is R$205,864 Mil. Devon Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R$24,866 Mil. Therefore, Devon Energy's EV-to-EBIT for today is 8.28.

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

BSP:D1VN34' s EV-to-EBIT Range Over the Past 10 Years
Min: -196.94   Med: 5.8   Max: 92.42
Current: 7.82

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 5.80.

BSP:D1VN34's EV-to-EBIT is ranked better than
54.9% of 734 companies
in the Oil & Gas industry
Industry Median: 8.585 vs BSP:D1VN34: 7.82

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Devon Energy's Enterprise Value for the quarter that ended in Dec. 2023 was R$168,768 Mil. Devon Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R$24,866 Mil. Devon Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.73%.


Devon Energy EV-to-EBIT Historical Data

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.

* Premium members only.

Devon Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 86.84 -3.06 10.34 5.59 6.92

Devon Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 5.59 4.77 5.75 7.11 6.92

Competitive 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 Distribution

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 EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=205864.130/24866.033
=8.28

Devon Energy's current Enterprise Value is R$205,864 Mil.
Devon Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$24,866 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  (BSP:D1VN34) 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 Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=24866.033/168767.521
=14.73 %

Devon Energy's Enterprise Value for the quarter that ended in Dec. 2023 was R$168,768 Mil.
Devon Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$24,866 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

Thank you for viewing the detailed overview of Devon Energy's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Devon Energy (BSP:D1VN34) Business Description

Address
333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015
Devon Energy, based in Oklahoma City, is one of the largest independent exploration and production companies in North America. The firm's asset base is spread throughout onshore North America and includes exposure to the Delaware, STACK, Eagle Ford, Powder River Basin, and Bakken plays. At year-end 2022, Devon's proved reserves totaled 1.8 billion barrels of oil equivalent, and net production that year was 611 thousand boe/d, of which oil and natural gas liquids made up 73% of production, with natural gas accounting for the remainder.

Devon Energy (BSP:D1VN34) Headlines

No Headlines