Devon Energy
DVN
Operating Margin for Devon Energy (DVN)
Operating Margin as of April 2024 (TTM): 40.56%
According to Devon Energy 's latest financial reports and stock price the company's current Operating Margin is 40.56%. At the end of 2022 the company had an Operating Margin of 40.56%.
Operating Margin history for Devon Energy from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 40.56% | 70.83% |
| 2021 | 23.74% | -137.1% |
| 2020 | -64.00% | 3552.2% |
| 2019 | -1.75% | -120.45% |
| 2018 | 8.57% | 33.43% |
| 2017 | 6.42% | -117.07% |
| 2016 | -37.63% | -76.74% |
| 2015 | -161.80% | -879.92% |
| 2014 | 20.75% | 1347.57% |
| 2013 | 1.43% | -142.96% |
| 2012 | -3.34% | -108.22% |
| 2011 | 40.58% | 3.81% |
| 2010 | 39.08% | -169.21% |
| 2009 | -56.47% | 112.98% |
| 2008 | -26.51% | -171.32% |
| 2007 | 37.18% | -1.98% |
| 2006 | 37.93% | -10.5% |
| 2005 | 42.38% | 18.26% |
| 2004 | 35.84% | 17.36% |
| 2003 | 30.54% | -1083.53% |
| 2002 | -3.10% | -213.66% |
| 2001 | 2.73% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BHP Group BHP | 51.66% | 27.37% | 🇦🇺 Australia |
 BP BP | 6.38% | -84.27% | 🇬🇧 UK |
 ConocoPhillips COP | 30.86% | -23.92% | 🇺🇸 USA |
 EOG Resources EOG | 33.57% | -17.23% | 🇺🇸 USA |
 Marathon Oil
MRO | 39.59% | -2.39% | 🇺🇸 USA |
 Occidental Petroleum OXY | 38.53% | -5.00% | 🇺🇸 USA |
 Pioneer Natural Resources PXD | 40.80% | 0.59% | 🇺🇸 USA |
 SandRidge Energy
SD | 69.47% | 71.28% | 🇺🇸 USA |
 Chesapeake Energy
CHK | 31.90% | -21.35% | 🇺🇸 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.