Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Devon Energy Corporation (DVN) had Return on Tangible Equity of 3.63% for the most recently reported fiscal quarter, ending 2025-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2025-03-31

Income Statement Financials
Revenue	$4.45B
Net Income	$494.00M
Cost of Goods Sold	$912.00M
Gross Profit	$3.54B
Operating Expenses	$3.66B
Operating Income	$796.00M
Non-Operating Income/Expense	$-150.00M
Pre-Tax Income	$646.00M
Normalized Pre-Tax Income	$646.00M
Income after Taxes	$509.00M
Income from Continuous Operations	$509.00M
Consolidated Net Income/Loss	$509.00M
Normalized Income after Taxes	$509.00M
EBIT	$796.00M
EBITDA	$1.96B
Weighted-Average Shares Outstanding (Basic)	643.00M
Weighted-Average Shares Outstanding (Diluted)	645.00M
Earnings per Share (EPS) (Basic)	$0.77
Earnings per Share (EPS) (Diluted)	$0.77
Balance Sheet Financials
Current Assets	$3.90B
Property, Plant, and Equipment	$25.08B
Long-Term Assets	$26.90B
Total Assets	$30.93B
Current Liabilities	$3.62B
Long-Term Debt	$8.39B
Long-Term Liabilities	$12.54B
Total Liabilities	$16.16B
Common Equity	$14.77B
Tangible Shareholders Equity	$14.02B
Shareholders Equity	$14.77B
Common Shares Outstanding	644.00M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.94B
Cash Flow from Investing Activities	$-802.00M
Cash Flow from Financial Activities	$-752.00M
Beginning Cash	$846.00M
End Cash	$1.23B
Increase/Decrease in Cash	$388.00M
Stock-Based Compensation	$30.00M
Common Stock Dividends Paid	$-172.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.08
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.36
Debt to Equity Ratio	0.60
Gross Margin	79.51%
Operating Margin	17.88%
EBIT Margin	17.88%
EBITDA Margin	--
Pre-Tax Profit Margin	14.51%
Profit Margin	11.10%
Free Cash Flow	$1.13B
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.14
Inventory Turnover	2.75
Receiveable Turnover	2.19
Days Sales in Receivables	41.16
Return on Equity	3.45%
Return on Tangible Equity	3.63%
Return on Assets	1.65%
Return on Investments	2.20%
Book Value Per Share	$22.94
Free Cash Flow per Share	$1.76
Operating Cash Flow per Share	$3.01

Data from Zacks Investment Research, Inc.