Devon Energy
DVN
#656
Rank
$30.59 B
Marketcap
$48.74
Share price
0.20%
Change (1 day)
-0.36%
Change (1 year)

Operating Margin for Devon Energy (DVN)

Operating Margin as of July 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
202240.56%70.83%
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
33.57%-17.23%๐Ÿ‡บ๐Ÿ‡ธ USA
38.53%-5.00%๐Ÿ‡บ๐Ÿ‡ธ USA
39.59%-2.39%๐Ÿ‡บ๐Ÿ‡ธ USA
40.80% 0.59%๐Ÿ‡บ๐Ÿ‡ธ USA
30.86%-23.92%๐Ÿ‡บ๐Ÿ‡ธ USA
31.90%-21.35%๐Ÿ‡บ๐Ÿ‡ธ USA
69.47% 71.28%๐Ÿ‡บ๐Ÿ‡ธ USA
51.66% 27.37%๐Ÿ‡ฆ๐Ÿ‡บ Australia
6.38%-84.27%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.