Antero Midstream Corporation (AM) vs Devon Energy Corporation (DVN)
A side-by-side comparison of Antero Midstream Corporation and Devon Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 13, 2026. Differences are shown without an overall score or investment verdict.
AM
Antero Midstream Corporation
$22.14EnergyDelayed quote: Aug 13, 2026, 11:25 AM EDT
DVN
Devon Energy Corporation
$44.22EnergyDelayed quote: Aug 13, 2026, 11:25 AM EDT
Total return — AM vs DVN
growth of $100 · dividends reinvested · last 9yAM +46.1% (+4.3%/yr)DVN +61.7% (+5.5%/yr)DVN compounded faster over this window
AM DVN
AM vs DVN: by the numbers
- •DVN is the larger company ($30.96B vs $10.51B market cap).
- •DVN trades at the lower trailing earnings multiple (10.66 vs 26.48 P/E), one valuation lens rather than an overall verdict.
- •AM converts more revenue to profit (30.45% vs 16.67% net margin).
- •DVN grew revenue faster over the past five years (23.63% vs 6.09% CAGR).
- •AM pays the higher dividend yield (4.05% vs 2.32%).
Metrics side by side
Valuation
| Metric | AM | DVN |
|---|---|---|
| P/E ratio | 26.48 | 10.66 |
| Forward P/E | 20.03 | 8.87 |
| P/S ratio | 8.08 | 2.14 |
| P/B ratio | 5.45 | 1.01 |
| EV / EBITDA | 14.89 | 6.02 |
| FCF yield | 9.23% | 3.97% |
Profitability
| Metric | AM | DVN |
|---|---|---|
| Gross margin | 62.92% | 25.55% |
| Operating margin | 56.05% | 23.86% |
| Net margin | 30.45% | 16.67% |
| ROE | 20.55% | 7.86% |
| ROIC | 8.18% | 10.46% |
Dividends
| Metric | AM | DVN |
|---|---|---|
| Dividend yield | 4.05% | 2.32% |
| Payout ratio | 104.65% | 24.70% |
Growth (annualized)
| Metric | AM | DVN |
|---|---|---|
| Revenue CAGR (5Y) | 6.09% | 23.63% |
| FCF CAGR (5Y) | 9.87% | 8.72% |
| Total return CAGR (5Y) | 27.36% | 15.11% |
Frequently asked
- Which has the lower trailing P/E, AM or DVN?
- DVN has the lower trailing P/E: AM trades at 26.48 and DVN at 10.66. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AM or DVN?
- Over the past five years, DVN grew revenue faster — AM at a 6.09% CAGR versus DVN at 23.63%.
- Does AM or DVN pay a bigger dividend?
- AM yields 4.05% and DVN yields 2.32% based on trailing dividends and the latest price.
- Is AM or DVN more profitable?
- AM runs the higher net margin — AM at 30.45% versus DVN at 16.67%.
- How have AM and DVN total returns compared?
- Over the past 5 years, AM delivered 27.36% and DVN delivered 4.49% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Antero Midstream P/E ratioDevon Energy P/E ratioAntero Midstream dividend yieldDevon Energy dividend yieldAntero Midstream ROEDevon Energy ROEAntero Midstream operating marginDevon Energy operating marginAntero Midstream revenue growthDevon Energy revenue growthAntero Midstream free cash flowDevon Energy free cash flow
Antero Midstream & Devon Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 13, 2026.