Devon Energy Corporation
DVNFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
15,567
Cost of Revenue
11,297
Gross Profit
4,270
Gross Margin
27.4%
Operating Income
3,770
Operating Margin
24.2%
Net Income
2,891
Net Margin
18.6%
EPS (Basic)
$4.57
EPS (Diluted)
$4.57
EBITDA
7,431
EBITDA Margin
47.7%
2023
12/31/2023
Revenue
15,140
Cost of Revenue
9,940
Gross Profit
5,200
Gross Margin
34.3%
Operating Income
4,792
Operating Margin
31.7%
Net Income
3,747
Net Margin
24.7%
EPS (Basic)
$5.86
EPS (Diluted)
$5.84
EBITDA
7,569
EBITDA Margin
50.0%
2022
12/31/2022
Revenue
19,827
Cost of Revenue
10,854
Gross Profit
8,973
Gross Margin
45.3%
Operating Income
8,578
Operating Margin
43.3%
Net Income
6,015
Net Margin
30.3%
EPS (Basic)
$9.15
EPS (Diluted)
$9.12
EBITDA
10,382
EBITDA Margin
52.4%
2021
12/31/2021
Revenue
13,750
Cost of Revenue
8,541
Gross Profit
5,209
Gross Margin
37.9%
Operating Income
4,818
Operating Margin
35.0%
Net Income
2,783
Net Margin
20.2%
EPS (Basic)
$4.20
EPS (Diluted)
$4.18
EBITDA
5,421
EBITDA Margin
39.4%
2020
12/31/2020
Revenue
4,351
Cost of Revenue
4,603
Gross Profit
-252
Gross Margin
-5.8%
Operating Income
-590
Operating Margin
-13.6%
Net Income
-2,684
Net Margin
-61.7%
EPS (Basic)
$-7.12
EPS (Diluted)
$-7.12
EBITDA
-1,356
EBITDA Margin
-31.2%