Return on Equity (ROE)
since 2005
Calculation
Devon Energy Corp., ROE, long-term trends, calculation
| ROE | = | 100 | × | Net earnings (loss) attributable to Devon1 | ÷ | Stockholders’ equity attributable to Devon1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 53.86% | = | 100 | × | 6,015) | ÷ | 11,167) |
| Dec 31, 2021 | 30.37% | = | 100 | × | 2,813) | ÷ | 9,262) |
| Dec 31, 2020 | -92.89% | = | 100 | × | (2,680) | ÷ | 2,885) |
| Dec 31, 2019 | -6.12% | = | 100 | × | (355) | ÷ | 5,802) |
| Dec 31, 2018 | 33.36% | = | 100 | × | 3,064) | ÷ | 9,186) |
| Dec 31, 2017 | 9.70% | = | 100 | × | 898) | ÷ | 9,254) |
| Dec 31, 2016 | -55.71% | = | 100 | × | (3,302) | ÷ | 5,927) |
| Dec 31, 2015 | -205.05% | = | 100 | × | (14,454) | ÷ | 7,049) |
| Dec 31, 2014 | 7.46% | = | 100 | × | 1,607) | ÷ | 21,539) |
| Dec 31, 2013 | -0.10% | = | 100 | × | (20) | ÷ | 20,499) |
| Dec 31, 2012 | -0.97% | = | 100 | × | (206) | ÷ | 21,278) |
| Dec 31, 2011 | 21.95% | = | 100 | × | 4,704) | ÷ | 21,430) |
| Dec 31, 2010 | 23.63% | = | 100 | × | 4,550) | ÷ | 19,253) |
| Dec 31, 2009 | -15.92% | = | 100 | × | (2,479) | ÷ | 15,570) |
| Dec 31, 2008 | -12.59% | = | 100 | × | (2,148) | ÷ | 17,060) |
| Dec 31, 2007 | 16.39% | = | 100 | × | 3,606) | ÷ | 22,006) |
| Dec 31, 2006 | 16.32% | = | 100 | × | 2,846) | ÷ | 17,442) |
| Dec 31, 2005 | 19.71% | = | 100 | × | 2,930) | ÷ | 14,862) |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in millions
Comparison to Competitors
Devon Energy Corp., ROE, long-term trends, comparison to competitors
| Devon Energy Corp. | Chevron Corp. | ConocoPhillips | Exxon Mobil Corp. | Marathon Petroleum Corp. | Occidental Petroleum Corp. | Valero Energy Corp. | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2022 | 53.86% | 22.27% | 38.91% | 28.58% | 52.38% | 44.22% | 48.93% |
| Dec 31, 2021 | 30.37% | 11.24% | 17.79% | 13.67% | 37.16% | 11.42% | 5.05% |
| Dec 31, 2020 | -92.89% | -4.21% | -9.05% | -14.28% | -44.26% | -79.85% | -7.56% |
| Dec 31, 2019 | -6.12% | 2.03% | 20.55% | 7.48% | 7.83% | -1.95% | 11.11% |
| Dec 31, 2018 | 33.36% | 9.59% | 19.59% | 10.87% | 7.90% | 19.37% | 14.41% |
| Dec 31, 2017 | 9.70% | 6.21% | -2.79% | 10.50% | 24.46% | 6.37% | 18.48% |
| Dec 31, 2016 | -55.71% | -0.34% | -10.34% | 4.69% | 8.66% | -2.67% | 11.43% |
| Dec 31, 2015 | -205.05% | 3.00% | -11.14% | 9.45% | 21.55% | -32.15% | 19.44% |
| Dec 31, 2014 | 7.46% | 12.41% | 13.23% | 18.65% | 23.48% | 1.76% | 17.56% |
| Dec 31, 2013 | -0.10% | 14.37% | 17.58% | 18.72% | 19.34% | 13.69% | 13.98% |
| Dec 31, 2012 | -0.97% | 19.18% | 17.56% | 27.06% | 28.98% | 11.49% | 11.55% |
| Dec 31, 2011 | 21.95% | 22.16% | 19.07% | 26.59% | 25.13% | 18.00% | 12.73% |
| Dec 31, 2010 | 23.63% | 18.10% | 16.57% | 20.74% | — | 13.95% | 2.16% |
| Dec 31, 2009 | -15.92% | 11.41% | 7.78% | 17.44% | — | 10.02% | -13.46% |
| Dec 31, 2008 | -12.59% | 27.62% | -30.81% | 40.03% | — | 25.12% | -7.24% |
| Dec 31, 2007 | 16.39% | 24.24% | 13.36% | 33.35% | — | 23.66% | 28.28% |
| Dec 31, 2006 | 16.32% | 24.86% | 18.82% | 34.70% | — | 21.80% | 29.36% |
| Dec 31, 2005 | 19.71% | 22.50% | 25.66% | 32.50% | — | 35.13% | 23.85% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Oil, Gas & Consumable Fuels)
Devon Energy Corp., ROE, long-term trends, comparison to sector (oil, gas & consumable fuels)
| Devon Energy Corp. | Oil, Gas & Consumable Fuels | |
|---|---|---|
| Dec 31, 2022 | 53.86% | 30.85% |
| Dec 31, 2021 | 30.37% | 14.29% |
| Dec 31, 2020 | -92.89% | -15.01% |
| Dec 31, 2019 | -6.12% | 6.26% |
| Dec 31, 2018 | 33.36% | 11.38% |
| Dec 31, 2017 | 9.70% | 8.71% |
| Dec 31, 2016 | -55.71% | 1.64% |
| Dec 31, 2015 | -205.05% | 3.64% |
| Dec 31, 2014 | 7.46% | 14.61% |
| Dec 31, 2013 | -0.10% | 16.47% |
| Dec 31, 2012 | -0.97% | 21.32% |
| Dec 31, 2011 | 21.95% | 22.65% |
| Dec 31, 2010 | 23.63% | 17.85% |
| Dec 31, 2009 | -15.92% | 11.52% |
| Dec 31, 2008 | -12.59% | 19.44% |
| Dec 31, 2007 | 16.39% | 24.86% |
| Dec 31, 2006 | 16.32% | 26.99% |
| Dec 31, 2005 | 19.71% | 28.30% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Energy)
Devon Energy Corp., ROE, long-term trends, comparison to industry (energy)
| Devon Energy Corp. | Energy | |
|---|---|---|
| Dec 31, 2022 | 53.86% | 30.45% |
| Dec 31, 2021 | 30.37% | 14.23% |
| Dec 31, 2020 | -92.89% | -17.24% |
| Dec 31, 2019 | -6.12% | 3.86% |
| Dec 31, 2018 | 33.36% | 10.98% |
| Dec 31, 2017 | 9.70% | 7.69% |
| Dec 31, 2016 | -55.71% | 1.11% |
| Dec 31, 2015 | -205.05% | 3.81% |
| Dec 31, 2014 | 7.46% | 14.59% |
| Dec 31, 2013 | -0.10% | 16.52% |
| Dec 31, 2012 | -0.97% | 20.90% |
| Dec 31, 2011 | 21.95% | 22.17% |
| Dec 31, 2010 | 23.63% | 17.53% |
| Dec 31, 2009 | -15.92% | 11.80% |
| Dec 31, 2008 | -12.59% | 20.13% |
| Dec 31, 2007 | 16.39% | 25.29% |
| Dec 31, 2006 | 16.32% | 27.27% |
| Dec 31, 2005 | 19.71% | 28.32% |
Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).