Devon Energy
DVN
#552
Rank
$31.23 B
Marketcap
$47.76
Share price
-2.65%
Change (1 day)
-21.23%
Change (1 year)

Operating Margin for Devon Energy (DVN)

Operating Margin as of March 2023 (TTM): 23.74%

According to Devon Energy 's latest financial reports and stock price the company's current Operating Margin is 23.74%. At the end of 2021 the company had an Operating Margin of 23.74%.

Operating Margin history for Devon Energy from 2001 to 2022

Operating Margin at the end of each year

Year Operating Margin Change
202123.74%-137.1%
2020-64.00%3552.2%
2019-1.75%-120.45%
20188.57%33.43%
20176.42%-117.07%
2016-37.63%-76.74%
2015-161.80%-879.92%
201420.75%1347.57%
20131.43%-142.96%
2012-3.34%-108.22%
201140.58%3.81%
201039.08%-169.21%
2009-56.47%112.98%
2008-26.51%-171.32%
200737.18%-1.98%
200637.93%-10.5%
200542.38%18.26%
200435.84%17.36%
200330.54%-1083.53%
2002-3.10%-213.66%
20012.73%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
52.65% 121.78%๐Ÿ‡ฆ๐Ÿ‡บ Australia
9.65%-59.35%๐Ÿ‡ฌ๐Ÿ‡ง UK
35.96% 51.47%๐Ÿ‡บ๐Ÿ‡ธ USA
30.16% 27.04%๐Ÿ‡บ๐Ÿ‡ธ USA
50.11% 111.08%๐Ÿ‡บ๐Ÿ‡ธ USA
14.27%-39.89%๐Ÿ‡บ๐Ÿ‡ธ USA
15.36%-35.30%๐Ÿ‡บ๐Ÿ‡ธ USA
68.79% 189.76%๐Ÿ‡บ๐Ÿ‡ธ USA
-187.50%-889.81%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.