Return On Equity ratio Analysis of Devon Energy Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY ROE
Period Ending - Dec-23
Very Good ROE
31.47
Period Ending - Dec-22
Excellent ROE
53.86
Growth
-41.57 %
Trailing Twelve Months ROE
Period Ending - Dec-23
Very Good ROE
24.83
Most recent Quarter ROE
Period Ending - Mar-24
Good ROE
4.90
ROE Analysis of Devon Energy Corporation
| ROE Ratio of Devon Energy Corporation with value of 24.83 means its generates profits efficiently by using its Shareholders Fund. |
| ROE Ratio of DVN drastically fell by -41.57 % this year. |
| ROE Ratio with value of 53.86 was highest in Year Dec-22 in last Five Years. |
| ROE Ratio with value of -92.89 was lowest in Year Dec-20 in last Five Years. |
| Latest ROE Ratio with value of 31.47 is Greater than Average ROE of 3.34 in last five years. |
Other ROE 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 Equity
The Return on Equity (ROE) is a profitability metric that measures a company's ability to generate profits using its shareholder's fund. ROE is calculated by dividing Net Income by Shareholders' Fund. more ..
ROE Related Ratios
| ReturnOnAsset | NetProfitMargin |
Tsr Profitability Index
| Very Low Profitability Stock | |
FY - Historical Return On Equity of Devon Energy Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| ROE | 31.47 | 53.86 | 30.37 | -92.89 | -6.12 | 33.36 | 9.70 |
| Change | -41.57 % | 77.35 % | 132.69 % | -1418.23 % | -118.34 % | 243.73 % | 117.42 % |
FY Chart of Return On Equity of Devon Energy Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)