Devon Energy (DVN) fundamentals: P/E, valuation, undervalued?

Devon Energy · Energy · ref. ETF XLE · price $47.12
Logo Devon EnergySee the full Devon Energy (DVN) profile
In short — Devon Energy trades at 10.2× earnings (P/E), 8.6× forward, with a net margin of 17.5 % and revenue growth of +64 %. Read: Cheap for the growth (P/E 9 for ~44% growth (PEG 0.2)).

Is Devon Energy stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$47.12+31.3% over range
Aug 28, 25low $31.74 · high $52.07Aug 27, 26
📏 Click 2 points (left → right) to measure the change · click again to clear.
SellBuy
Buy
87% recommend buying · 15 analysts
Valuation : Cheap for the growth — P/E 9 for ~44% growth (PEG 0.2)

Valuation

10.2
P/E (price/earnings)
8.6
Forward P/E
0.23
PEG
1.3
Price/book (P/B)
$51.8B
Market cap
4.63
EPS

Profitability & growth

17.5 %
Net margin
+64 %
Revenue growth
+44 %
Earnings growth
$11.9B
Total debt

Devon Energy income statement

Fiscal yearRevenueNet incomeMargin
2022$19.2B$6.0B31.4 %
2023$15.3B$3.7B24.6 %
2024$15.9B$2.9B18.1 %
2025$17.2B$2.6B15.4 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Devon Energy's P/E and is the stock undervalued? What's a good P/E?

Devon Energy's P/E is 10.2 (forward 8.6). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "Cheap for the growth".

Is Devon Energy profitable?

Devon Energy has a net margin of 17.5 % (EPS 4.63). The company is profitable.

Is DVN stock expensive?

Our read: "Cheap for the growth" — P/E 9 for ~44% growth (PEG 0.2). Cross-check with growth and sector.

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