Return On Asset ratio Analysis of Devon Energy Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROA
Period Ending - Dec-23
Very Good ROA
15.50
Period Ending - Dec-22
Excellent ROA
25.36
Growth
-38.87 %
Trailing Twelve Months ROA
Period Ending - Dec-23
Good ROA
11.99
Most recent Quarter ROA
Period Ending - Mar-24
Indecisive ROA
2.39
ROA Analysis of Devon Energy Corporation
| ROA Ratio of DVN drastically fell by -38.87 % this year. |
| ROA Ratio with value of 25.36 was highest in Year Dec-22 in last Five Years. |
| ROA Ratio with value of -27.04 was lowest in Year Dec-20 in last Five Years. |
| Latest ROA Ratio with value of 15.50 is Greater than Average ROA of 4.92 in last five years. |
Other ROA Related Info of DVN that may interest you.
Devon Energy Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DVN | 49.62 | 49.24 | 0.772 % | Oil & Gas E&P |
Defination of Return On Asset
The return on assets (ROA) is a commonly used profitability ratio that shows how effectively a company uses its assets to generate profit. more ..
ROA Related Ratios
| ReturnOnEquity | AssetTurnoverRatio |
Tsr Profitability Index
| Very Low Profitability Stock | |
FY - Historical Return On Asset of Devon Energy Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROA | 15.50 | 25.36 | 13.38 | -27.04 | -2.59 | 15.66 | 2.97 |
| Change | -38.87 % | 89.53 % | 149.48 % | -944.73 % | -116.53 % | 427.36 % | 123.30 % |
FY Chart of Return On Asset of Devon Energy Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)