APA Corporation (APA) vs Devon Energy Corporation (DVN)

A side-by-side comparison of APA 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 returnAPA vs DVN

growth of $100 · dividends reinvested · last 10y
APA -3.7% (-0.4%/yr)DVN +63.4% (+5.0%/yr)DVN compounded faster over this window
050100150200250Start $10020182020202220242026$96$163
APA DVN

APA vs DVN: by the numbers

  • DVN is the larger company ($31.41B vs $14.13B market cap).
  • APA trades at the lower trailing earnings multiple (8.45 vs 10.66 P/E), one valuation lens rather than an overall verdict.
  • APA converts more revenue to profit (18.99% vs 16.67% net margin).
  • DVN grew revenue faster over the past five years (23.63% vs 8.16% CAGR).
  • APA pays the higher dividend yield (2.50% vs 2.32%).

Metrics side by side

Valuation

MetricAPADVN
P/E ratio8.4510.66
Forward P/E7.128.87
P/S ratio1.602.14
P/B ratio2.021.01
EV / EBITDA5.356.02
FCF yield14.90%3.97%

Profitability

MetricAPADVN
Gross margin38.77%25.55%
Operating margin30.83%23.86%
Net margin18.99%16.67%
ROE23.89%7.86%
ROIC9.96%10.46%

Dividends

MetricAPADVN
Dividend yield2.50%2.32%
Payout ratio25.06%24.70%

Growth (annualized)

MetricAPADVN
Revenue CAGR (5Y)8.16%23.63%
FCF CAGR (5Y)7.86%8.72%
Total return CAGR (5Y)19.70%15.11%

Frequently asked

Which has the lower trailing P/E, APA or DVN?
APA has the lower trailing P/E: APA trades at 8.45 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, APA or DVN?
Over the past five years, DVN grew revenue faster — APA at a 8.16% CAGR versus DVN at 23.63%.
Does APA or DVN pay a bigger dividend?
APA yields 2.50% and DVN yields 2.32% based on trailing dividends and the latest price.
Is APA or DVN more profitable?
APA runs the higher net margin — APA at 18.99% versus DVN at 16.67%.
How have APA and DVN total returns compared?
Over the past 10 years, APA delivered 0.50% 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.