Aureus
DWarning

Devon Energy Corporation(DVN)

D

Financial data as of Dec 31, 2024Improving · Energy

FCF Margin-5.4%Free Cash Flow / Revenue
Cash Conversion228.3%Operating CF / Net Income
Free Cash Flow-$853.0M
Revenue$15.9B
Net Cash-$8.4BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio1.04Adequate short-term liquidity
YoY FCF Growth+122.1%4 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
+1Strong YoY FCF growth (122.1% YoY)
→
-0.5Highly volatile FCF (consistency: 3541.40)
→
FinalD

Analysis Summary

Strengths

  • Excellent cash conversion (228%)
  • Strong YoY FCF growth (+122.1%)
  • FCF trend is improving

Concerns

  • Negative FCF margin (-5.4%)
  • Net debt position ($8.4B)
  • Highly volatile quarterly FCF
Heavy CapEx — Operating cash flow is strong (41% margin) but most is reinvested

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin-5.4%
Net Margin18.1%
Operating CF Margin41.4%
CapEx Ratio46.8%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$8.4BNet debt position
Debt / FCFN/AElevated debt burden
Current Ratio1.04Adequate liquidity
Debt / Equity0.63Low leverage

Quarterly FCF Trend

+122.1% YoYImproving (+122.1%)

Free cash flow per quarter

Sector Comparison — Energy

FCF Margin ranked against sector peers

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Detailed Metrics

Company NameDevon Energy Corporation
SectorEnergy
Free Cash Flow-$853.0M
Revenue$15.9B
Net Income$2.9B
Operating Cash Flow$6.6B
Capital Expenditure$7.5B
FCF Margin-5.4%
Cash Conversion Rate228.3%
Net Margin18.1%
Total Debt$9.2B
Total Cash$846.0M
Net Cash-$8.4B
Current Ratio1.04
Debt / Equity0.63
Debt / FCFN/A
YoY FCF Growth+122.1%
Positive Quarters4 of 5
Trend DirectionImproving
Report DateDec 31, 2024
GradeD
Data SourceYahoo Finance

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