Devon Energy (XSWX:DVN) LT-Debt-to-Total-Asset: 0.23 (As of Mar. 2026)

What is Devon Energy LT-Debt-to-Total-Asset?

Devon Energy XSWX:DVN 72 LT-Debt-to-Total-Asset is 0.23 as of Mar. 2026. GuruFocus rates XSWX:DVN with a GF Score™ of 72/100 and a GF Value™ of CHF40.70. The stock has 4 warning signs investors should review.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Devon Energy's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.23.

Devon Energy's long-term debt to total assets ratio declined from Mar. 2025 (0.27) to Mar. 2026 (0.23). It may suggest that Devon Energy is progressively becoming less dependent on debt to grow their business.

Devon Energy (XSWX:DVN) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Devon Energy LT-Debt-to-Total-Asset Related Terms

Devon Energy LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Devon Energy's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Devon Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.32

0.27

0.24

0.29

0.24

Devon Energy Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.27	0.27	0.24	0.24	0.23

72GF Score

Devon Energy Corp XSWX:DVN

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Devon Energy LT-Debt-to-Total-Asset Calculation

Devon Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	6046.877	/	25181.243
	=	0.24

Devon Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	5977.969	/	25621.104
	=	0.23

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.23 mean?

Devon Energy (XSWX:DVN) has a LT-Debt-to-Total-Asset of 0.23 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Devon Energy and its competitors.

Is Devon Energy's LT-Debt-to-Total-Asset too high?

Devon Energy's current LT-Debt-to-Total-Asset is 0.23. 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 LT-Debt-to-Total-Asset compare to OXY and FANG?

Devon Energy's LT-Debt-to-Total-Asset of 0.23 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 LT-Debt-to-Total-Asset for an Oil & Gas company?

A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?

A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Devon Energy and its competitors. Devon Energy's current LT-Debt-to-Total-Asset is 0.23. 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 LT-Debt-to-Total-Asset of 0.23. 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 LT-Debt-to-Total-Asset is 0.23. 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 LT-Debt-to-Total-Asset calculated?

LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Devon Energy (XSWX:DVN), the current LT-Debt-to-Total-Asset is 0.23 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 (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:

LT-Debt-to-Total-Asset: 0.23
GF Value™: CHF40.70 vs. price of CHF32.45 (20.3% below fair value)
GF Score™: 72/100 with 4 warning signs

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 Energy Oil & Gas

Comparable Companies OXY FANG EQT TPL EOG EXE PR OVV APA AR HKSE:00883 COP TSX:CNQ MIC:NVTK ASX:WDS TSE:1605 OSL:AKRBP TSX:TOU ASX:STO BKK:PTTEP

Other Exchanges DVN:USA DVN:Mexico 1DY6:Italy 0I8W:UK DY6:Germany D1VN34:Brazil DY6:Bulgaria DVN:Austria

Address 333 West Sheridan Avenue, Oklahoma, OK, USA, 73102-5015

Website https://www.devonenergy.com

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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CHF32.45

Price

CHF40.70

GF Value

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