Devon Energy Corporation (DVN)财务
NYSE · Energy · Oil & Gas Exploration & Production · 员工2,200人 · CEO Clay Gaspar
- 股价
- $52.15 +1.93%
- 市值
- $574亿
- 企业价值
- $681亿
- 最近财报
- Q2 '26 2026-08-05提交
- 下次财报
- 2026-11-05 EPS预期 $1.31
营收(TTM)$197亿+14.6% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)23.9%-0.5 百分点 对比去年同期营业利润 $46.9亿
净利润(TTM)$32.8亿+15.3% 对比去年同期税后,含营业外收益
自由现金流(TTM)$16.7亿+376.7% 对比去年同期资本支出 $68.8亿
稀释EPS(TTM)$4.21-5.8% 对比去年同期最近4个季度之和
净现金-$107亿-48.4% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $574亿 EV $681亿
- 营收
- $197亿 过去12个月
- 营收增速
- +52% FY2026年一致预期
- 净利润率
- 16.7% 净利润 / 营收,TTM
- P/E
- 12.3× 预期 9.5×(FY2026)
- P/S
- 2.9× 股价 / 营收,TTM
- EV / EBITDA
- 7.7× TTM
- 自由现金流
- $16.7亿 过去12个月
- 净利润
- $32.8亿 过去12个月
- 营收预期
- $261亿 FY2026年一致预期
- 盈利
- 2026-11-05 营收预期 $65.7亿
- 股息
- $1.04 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-04):营收超预期23.4%,EPS 超预期12.1%营收$74.2亿,预期$60.1亿(+23.4%);EPS $1.57,预期$1.40(+12.1%)。
- 营收增长加速:同比73.1%Q2 '26营收$74.2亿,此前四个季度的平均值为-1.0%。
- 营业利润率23.9%(TTM),较去年同期-0.5 百分点营收增长14.6%,营业利润增长12.4%。
- 税前利润的11.5%被营业外亏损吞噬税前利润$42.1亿,营业利润$46.9亿(TTM)。股权投资亏损等一次性项目压低了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的35.0%(去年为43.2%)最近4个季度投入$68.8亿(同比-7.3%)。自由现金流$16.7亿,相当于净利润的51.0%。
- 股东回报$15.9亿 = 自由现金流的94.8%回购$7.66亿(去年为$11.5亿),股息$8.21亿,股权激励$1.39亿(TTM)。
- 稀释股数一年内增加47.8%Q2 '26稀释股数9.4亿,一年前为6.36亿。
- 净债务 $107亿现金 + 短期投资 $10.1亿,含租赁债务 $117亿;一年前净债务 $72.3亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $74.2亿 | $42.8亿 | +73.1% |
| 毛利率 | 56.0% | 26.0% | +29.9 百分点 |
| 营业利润 | $25.6亿 | $9.81亿 | +160.9% |
| 营业利润率 | 34.5% | 22.9% | +11.6 百分点 |
| 净利润 | $19.1亿 | $8.99亿 | +112.6% |
| 稀释EPS | $2.03 | $1.41 | +44.0% |
| 经营现金流 | $36.7亿 | $15.5亿 | +137.8% |
| 资本支出 | $40.5亿 | $9.56亿 | +323.3% |
| 自由现金流 | -$3.73亿 | $5.89亿 | -163.3% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $7100万 | $2300万 | +208.7% |
实际 vs 一致预期
2026-08-04| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $74.2亿 | $60.1亿 | +23.4% |
| EPS(一致预期口径) | $1.57 | $1.40 | +12.1% |
来自2026-08-04发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| N G L Product Sales | $51.1亿 | +88.4% | 100.0% | $135亿 | -6.3% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| U [S] | $0 | -100.0% | 0.0% | $65.8亿 | -55.8% | |
| C [A] | $2.24亿 | -42.9% | 100.0% | $10.3亿 | -50.3% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $85.5亿
- 资本支出
- -$68.8亿
- 股票回购
- -$7.66亿
- 股息
- -$8.21亿
- 收购
- $5.81亿
- 债务净发行
- -$9.96亿
- 股权激励费用
- $1.39亿
- 自由现金流
- $16.7亿
- 股东回报 / FCF
- 94.8%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 12.3× | 8.2× | 6.7× – 10.5× |
| EV / EBITDA | 7.7× | 4.6× | 3.9× – 6.2× |
| EV / 营收 | 3.5× | 2.2× | 1.8× – 2.8× |
| 股价 / FCF | 34.3× | 10.3× 5年中的4年 | 8.2× – 11.8× |
| 股价 / 净资产 | 1.2× | 2.4× | 1.4× – 3.6× |
| FCF收益率 | 2.9% | 7.1% | -4.2% – 12.2% |
| 投入资本回报率 | 5.6% | 17.6% | 10.5% – 29.5% |
| 净资产收益率 | 14.9% | 30.5% | 17.0% – 53.9% |
分析师
一致目标价 $62.93 (+20.7%)
区间 $54.00 – $68.00 · 评级 Buy
强烈买入1
买入45
持有18
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $261亿 | +51.9% | $5.48 | +30.6% | 9.5× | 14 |
| FY2027 | $247亿 | -5.5% | $5.21 | -5.1% | 10.0× | 12 |
| FY2028 | $239亿 | -3.1% | $5.31 | +2.0% | 9.8× | 9 |
| FY2029 | $235亿 | -1.7% | $4.93 | -7.3% | 10.6× | 3 |
| FY2030 | $237亿 | +0.9% | $5.32 | +8.0% | 9.8× | 3 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Devon Energy Corporation在近期10-Q / 10-K文件中标记的全部313项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| $50亿2026-05-07 | – | – | – | – | – | |
| – | – | – | 31.00 | 36.00 | -13.9% | |
| – | – | – | $4840 | $2600 | +86.1% | |
| – | – | – | $4520 | $6190 | -27.1% | |
| – | – | – | $242 | $157 | +54.1% | |
| – | – | – | $67102024-12-31 | $814 | +724.2% | |
| – | – | – | $1.7万2024-12-31 | $1.49万 | +14.5% | |
| – | – | – | $292 | $163 | +79.1% | |
| Accounts Payable, Trade, Current | $16.3亿 | $8.85亿 | +83.7% | $7.9亿 | $8.06亿 | -2.0% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $31.6亿 | $18.5亿 | +70.6% | $17.9亿 | $19.7亿 | -9.1% |
| Accounts Receivable, Allowance for Credit Loss, Current | $1100万 | $700万 | +57.1% | $700万 | $600万 | +16.7% |
| Accounts Receivable, before Allowance for Credit Loss, Current | $31.7亿 | $18.6亿 | +70.6% | $18亿 | $19.8亿 | -9.0% |
| Accrued Income Taxes, Current | $4.14亿 | – | – | – | – | – |
| Accrued Liabilities | $1.5亿 | $2亿 | -25.0% | $1.9亿 | – | – |
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax | -$1.2亿 | -$1.2亿 | 0.0% | $1.22亿 | $1.22亿 | 0.0% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$1.2亿 | -$1.2亿 | 0.0% | -$1.22亿 | -$1.22亿 | 0.0% |
| Additional Paid in Capital | $300亿 | $58.6亿 | +412.4% | $53.9亿 | $63.9亿 | -15.6% |
| Amortization Expense Per Physical Unit of Production | 11.35 USD/Boe2025-12-31 | 11.70 USD/Boe | -3.0% | 11.35 USD/Boe | 11.70 USD/Boe | -3.0% |
| Amortization of Debt Discount (Premium) | $700万 | $300万 | +133.3% | $1600万 | $800万 | +100.0% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $7100万 | $2300万 | +208.7% | $9900万 | $9900万 | 0.0% |
| Asset Impairment Charges | – | – | – | $2.54亿 | $0 | – |
| Asset Retirement Obligation | $12.2亿 | $8.85亿 | +38.2% | $9.06亿 | $8.07亿 | +12.3% |
| Asset Retirement Obligation, Accretion Expense | $1700万 | $1200万 | +41.7% | $5100万 | $3900万 | +30.8% |
| Asset Retirement Obligation, Current | $5400万 | $4600万 | +17.4% | $4300万 | $3700万 | +16.2% |
| Asset Retirement Obligation, Liabilities Incurred | $1500万 | $1000万 | +50.0% | $5800万 | $3000万 | +93.3% |
| Asset Retirement Obligation, Liabilities Settled | $1300万 | $1400万 | -7.1% | $6500万 | $3700万 | +75.7% |
| Asset Retirement Obligation, Revision of Estimate | $0 | $0 | – | $5500万 | $3500万 | +57.1% |
| Asset Retirement Obligations, Noncurrent | $11.7亿 | $8.39亿 | +39.3% | $8.63亿 | $7.7亿 | +12.1% |
| Assets | $709亿 | $314亿 | +125.8% | $316亿 | $305亿 | +3.6% |
| Assets, Current | $50.5亿 | $43.2亿 | +16.8% | $40.1亿 | $34.3亿 | +16.9% |
| Business Acquisition, Transaction Costs | $6700万 | – | – | – | – | – |
| Business Combination, Contingent Consideration, Liability | – | – | – | $1.25亿2025-03-31 | – | – |
| Capitalized Exploratory Well Cost, Additions Pending Determination of Proved Reserves | – | – | – | $5.55亿 | $6.74亿 | -17.7% |
| Capitalized Exploratory Well Cost, Charged to Expense | – | – | – | $100万 | $100万 | 0.0% |
| Capitalized Exploratory Well Costs | $2.23亿2025-12-31 | $2.93亿 | -23.9% | $2.23亿 | $2.93亿 | -23.9% |
| Cash Acquired from Acquisition | $02025-12-31 | $0 | – | $0 | $1.47亿 | -100.0% |
| Cash and Cash Equivalents, at Carrying Value | $9.5亿 | $17.1亿 | -44.5% | $13.8亿 | $8.11亿 | +70.7% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $10.1亿 | $17.6亿 | -42.6% | $14.3亿 | $8.46亿 | +69.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$8.06亿 | $5.25亿 | -253.5% | $5.88亿 | -$2900万 | +2,127.6% |
| Changes in Estimated Future Development Costs | – | – | – | $5.82亿 | $8.06亿 | -27.8% |
| Changes in Future Income Tax Expense Estimates on Future Cash Flows Related to Proved Oil and Gas Reserves | – | – | – | -$1.63亿 | $3.46亿 | -147.1% |
| Commercial Paper | $0 | – | – | $0 | $0 | – |
| Common Stock, Dividends, Per Share, Cash Paid | $0.32 | $0.24 | +33.3% | $0.672011-12-31 | $0.16 | +318.8% |
| Common Stock, Par or Stated Value Per Share | $0.10 | $0.10 | 0.0% | $0.10 | $0.10 | 0.0% |
| Common Stock, Shares Authorized | 20亿 | 10亿 | +100.0% | 10亿 | 10亿 | 0.0% |
| Common Stock, Shares, Issued | 11.5亿 | 6.36亿 | +80.8% | 6.22亿 | 6.51亿 | -4.5% |
| Common Stock, Value, Issued | $1.15亿 | $6400万 | +79.7% | $6200万 | $6500万 | -4.6% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $0 | $1800万 | -100.0% | $3900万 | $5100万 | -23.5% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $19.1亿 | $9亿 | +112.4% | $26.4亿 | $28.9亿 | -8.7% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $19.1亿 | $9.18亿 | +108.3% | $26.8亿 | $29.4亿 | -8.9% |
| Costs Incurred, Acquisition of Oil and Gas Properties with Proved Reserves | – | – | – | $1.38亿 | $30.6亿 | -95.5% |
| Costs Incurred, Acquisition of Unproved Oil and Gas Properties | – | – | – | $2.24亿 | $19.5亿 | -88.5% |
| Costs Incurred, Development Costs | – | – | – | $30.6亿 | $28.6亿 | +7.0% |
| Costs Incurred, Exploration Costs | – | – | – | $5.81亿 | $6.9亿 | -15.8% |
| Costs Incurred, Oil and Gas Property Acquisition, Exploration, and Development Activities | – | – | – | $40亿 | $85.5亿 | -53.2% |
| Current Federal Tax Expense (Benefit) | – | – | – | $2.85亿 | $4.27亿 | -33.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Current Income Tax Expense (Benefit) | $3.78亿 | $2.26亿 | +67.3% | $3.01亿 | $4.59亿 | -34.4% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $1600万 | $3200万 | -50.0% |
| Debt Instrument, Unamortized Discount (Premium), Net | -$2200万 | -$3000万 | +26.7% | -$2300万 | -$3700万 | +37.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
数据截至 2026-11-02