Loading institutional data...
Loading institutional data...
Held by 1,197 of 5,944 reporting institutions (99th percentile) — extremely crowded.
Data as of Q1 2026
Loading snapshot...
Loading financials...
Loading valuation...
Loading quality & risk...
Loading dividends & returns...
Loading capital allocation...
Loading debt & leverage...
Loading performance...
Loading peer comparison...
Loading ownership map...
Loading crowding analysis...
Loading conviction analysis...
Loading buy/sell flow...
Loading ownership trends...
Loading top holders...
Loading top holders...
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $48.72 today, the market must believe free cash flow compounds 1.8%/yr for a decade (off $2.9B normalized FCF).
The market's 1.8% is more conservative than its 9-yr track record.
2-stage DCF · 0.63B shares · net debt $7.0B
mean 81.4% · volatility σ 156% · implied rate exceeded in 4/5 yrs
Central path = implied 1.8%/yr growth; shaded band = ±1σ (156%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.19B 100.0% | $15.94B 100.0% | $15.26B 100.0% | $19.17B 100.0% | $12.21B 100.0% | $4.83B 100.0% | $6.22B 100.0% | $8.90B 100.0% | $6.50B 100.0% | $6.75B 100.0% |
| Cost of Revenue | — | — | — | — | — | — | $2.81B 45.2% | $4.32B 48.6% | $3.56B 54.7% | $2.82B 41.8% |
| Selling, General & Admin | $492.0M 2.9% | $500.0M 3.1% | $408.0M 2.7% | $395.0M 2.1% | $391.0M 3.2% | $338.0M 7.0% | $475.0M 7.6% | $574.0M 6.5% | $645.0M 9.9% | $733.0M 10.9% |
| Total Operating Expenses | $14.51B 84.4% | $13.00B 81.5% | $11.48B 75.2% | $13.13B 68.5% | — | — | — | — | — | $15.09B 223.5% |
| Operating Income | — | — | — | — | — | — | — | — | — | -$2.90B -42.9% |
| Interest Expense | $497.0M 2.9% | $401.0M 2.5% | $369.0M 2.4% | $370.0M 1.9% | $388.0M 3.2% | $259.0M 5.4% | $260.0M 4.2% | $287.0M 3.2% | $337.0M 5.2% | $488.0M 7.2% |
| Interest & Investment Income | $56.0M 0.3% | $62.0M 0.4% | $55.0M 0.4% | $38.0M 0.2% | $2.0M 0.0% | $12.0M 0.2% | $33.0M 0.5% | $32.0M 0.4% | — | — |
| Other Income (Expense), net | — | — | — | — | — | — | — | — | — | -$78.0M -1.2% |
| Pretax Income | $3.47B 20.2% | $3.71B 23.3% | $4.62B 30.3% | $7.78B 40.6% | $2.90B 23.7% | -$3.09B -64.0% | -$109.0M -1.8% | $944.0M 10.6% | $40.0M 0.6% | -$433.0M -6.4% |
| Income Tax Expense | $785.0M 4.6% | $770.0M 4.8% | $841.0M 5.5% | $1.74B 9.1% | $65.0M 0.5% | -$547.0M -11.3% | -$30.0M -0.5% | $230.0M 2.6% | $7.0M 0.1% | $141.0M 2.1% |
| Net Income | $2.64B 15.4% | $2.89B 18.1% | $3.74B 24.5% | $6.03B 31.5% | $2.81B 23.0% | -$2.68B -55.5% | -$355.0M -5.7% | $3.06B 34.4% | $898.0M 13.8% | -$1.06B -15.6% |
| Per Share | ||||||||||
| EPS (Basic) | $4.18 | $4.58 | $5.86 | $9.15 | $4.20 | $-7.12 | $-0.89 | $6.14 | $1.71 | $-2.09 |
| EPS (Diluted) | $4.17 | $4.56 | $5.84 | $9.12 | $4.19 | $-7.12 | $-0.89 | $6.10 | $1.70 | $-2.09 |
| Weighted Avg Shares (Basic) | 632.0M | 632.0M | 639.0M | 651.0M | 663.0M | 377.0M | 401.0M | 494.0M | 520.0M | 507.0M |
| Weighted Avg Shares (Diluted) | 633.0M | 634.0M | 642.0M | 653.0M | 665.0M | 377.0M | 401.0M | 497.0M | 520.0M | 507.0M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
6/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Earnings are backed by cash (FCF ≥ net income) — high quality. Lower/negative accruals = higher quality (Sloan).
Coverage data unavailable.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
No dividend to cover. Last year: $0 dividends + $1.1B buybacks = $1.1B returned on $3.1B FCF.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Insufficient data. Current ROIC on all capital: 11%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $1.4B covers the $1.0B due within a year 1.4× over. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Insufficient EBITDA/debt history.
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest expense isn't separately reported — often netted into “other income (expense), net.” Effective rate ~5.9% on $8.4B of debt.
Cash of $1.4B fully covers short-term debt of $998M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
Where each multiple sits in its own 14-yr range · 79th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Operating leverage needs meaningful revenue change.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 48.6 | 45.2 | — | — | — | — | — | — |
| SG&A | 6.5 | 7.6 | 7.0 | 3.2 | 2.1 | 2.7 | 3.1 | 2.9 |
| Income Tax | 2.6 | -0.5 | -11.3 | 0.5 | 9.1 | 5.5 | 4.8 | 4.6 |
| Net Income | 34.4 | -5.7 | -55.5 | 23.0 | 31.5 | 24.5 | 18.1 | 15.4 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on DVN: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| XOM | $682.3B | 24.4× | — | 2.0× | -5.0% | — | 8.7% | 11.1% | 10.7% | — | 4,568 |
| SHEL | $545.2B | — | — | — | — | — | — | — | — | — | 1,521 |
| CVX | $391.2B | 31.9× | — | 2.1× | -6.8% | 42.8% | 6.5% | 6.6% | 6.6% | — | 4,121 |
| TTE | $202.1B | — | — | — | — | — | — | — | — | — | 951 |
| COP | $166.8B | 21.0× | — | 2.8× | 7.7% | 62.1% | 13.6% | 12.4% | 12.2% | — | 2,450 |
| PBR | $155.8B | — | — | — | — | — | — | — | — | — | 524 |
| MPC | $128.7B | 31.9× | 11.0× | 1.0× | -4.4% | 10.0% | 3.0% | 23.4% | 20.6% | 0.2× | 1,802 |
| VLO | $127.5B | 54.5× | 24.1× | 1.0× | -5.5% | 4.4% | 1.9% | 9.9% | 7.1% | 1.7× | 1,781 |
| BP | $117.0B | — | — | — | — | — | — | — | — | — | 1,220 |
| PSX | $111.3B | 25.4× | — | 0.8× | -7.5% | 12.3% | 3.3% | 15.1% | 14.6% | — | 2,041 |
| EQNR | $110.8B | — | — | — | — | — | — | — | — | — | 398 |
| WMB | $87.7B | 33.6× | 17.8× | 7.3× | 13.8% | — | 21.9% | 20.4% | 6.3% | 4.4× | 1,736 |
| EPD | $84.1B | — | 12.6× | 1.6× | -6.4% | 26.7% | 11.0% | — | — | 3.7× | 1,573 |
| EOG | $79.0B | 15.9× | 7.7× | 3.5× | -4.5% | — | 22.0% | 16.7% | 13.2% | 0.7× | 1,525 |
| SLB | $77.9B | 22.2× | — | 2.2× | -1.6% | — | 9.4% | 12.9% | 9.4% | — | 1,624 |
| ET | $72.5B | — | 9.8× | 0.8× | 3.5% | 25.8% | 5.2% | 9.0% | 3.8% | 4.8× | 1,244 |
| KMI | $69.7B | 22.9× | 14.2× | 4.1× | 12.2% | — | 18.0% | 9.8% | 4.8% | 4.5× | 1,745 |
| TRGP | $61.2B | 33.6× | 16.2× | 3.6× | 3.9% | 38.3% | 11.3% | 62.7% | 9.4% | 3.6× | 979 |
| TS | $60.6B | — | — | — | — | — | — | — | — | — | 248 |
| MPLX | $59.4B | — | — | 4.6× | 8.9% | — | 38.1% | — | — | — | 622 |
| LNG | $59.3B | 11.2× | 7.8× | 3.0× | 27.2% | — | 26.7% | 67.3% | 17.3% | 2.2× | 1,303 |
| OKE | $58.7B | 17.2× | 12.4× | 1.8× | 55.0% | 30.5% | 10.1% | 15.1% | 6.3% | 4.4× | 1,622 |
| OXY | $58.5B | 36.8× | — | 2.7× | -1.9% | — | 11.0% | 6.6% | 4.2% | — | 1,250 |
| BKR | $56.2B | — | — | 2.0× | -0.3% | — | 9.3% | 13.7% | 13.3% | — | 1,095 |
| FANG | $56.0B | 34.4× | 11.2× | 3.7× | 35.8% | — | 11.1% | 4.5% | 3.2% | 2.3× | 1,141 |
| DVN | $30.8B | 11.7× | — | 1.8× | 7.8% | — | 15.4% | 17.0% | 11.0% | — | 1,197 |
Peers = companies sharing DVN's sector (Energy) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.