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.

Compare

Total returnAM vs DVN

growth of $100 · dividends reinvested · last 9y
AM +46.1% (+4.3%/yr)DVN +61.7% (+5.5%/yr)DVN compounded faster over this window
050100150200250Start $1002019202120232025$146$162
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

MetricAMDVN
P/E ratio26.4810.66
Forward P/E20.038.87
P/S ratio8.082.14
P/B ratio5.451.01
EV / EBITDA14.896.02
FCF yield9.23%3.97%

Profitability

MetricAMDVN
Gross margin62.92%25.55%
Operating margin56.05%23.86%
Net margin30.45%16.67%
ROE20.55%7.86%
ROIC8.18%10.46%

Dividends

MetricAMDVN
Dividend yield4.05%2.32%
Payout ratio104.65%24.70%

Growth (annualized)

MetricAMDVN
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.

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.