Is APA or DVN cheaper?

On trailing earnings, APA is cheaper: APA trades at a 7.69 P/E and DVN at 11.76.

Which has grown faster, APA or DVN?

Over the past five years, DVN grew revenue faster — APA at a 11.66% CAGR versus DVN at 28.13%.

Does APA or DVN pay a bigger dividend?

APA yields 3.03% and DVN yields 3.03% based on trailing dividends and the latest price.

Is APA or DVN more profitable?

APA runs the higher net margin — APA at 17.80% versus DVN at 13.71%.

Which has been the better investment, APA or DVN?

Over the past 10-year, DVN delivered the higher annualized total return — APA at -2.54% versus DVN at 5.43%. Past performance doesn't predict future results.

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

APA leads on 9 of 14 compared metrics.

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 June 29, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Devon Energy Corporation

$26.23B

$42.21Energy

Total return — APA vs DVN

growth of $100 · last 30y

APA +132.0%DVN +239.3%DVN compounded faster

APA DVN

APA vs DVN: by the numbers

•DVN is the larger company ($26.23B vs $11.67B market cap).
•APA trades at the lower earnings multiple (7.69 vs 11.76 P/E).
•APA converts more revenue to profit (17.80% vs 13.71% net margin).
•DVN grew revenue faster over the past five years (28.13% vs 11.66% CAGR).
•DVN pays the higher dividend yield (3.03% vs 3.03%).

Which is better, APA or DVN?

Metric tally: APA 9 · DVN 5

It depends on what you're optimizing for:

ValueAPA(lower P/E)

GrowthDVN(faster 5Y revenue CAGR)

QualityDVN(higher ROIC)

Metrics side by side

Valuation

Metric	APA	DVN
P/E ratio	7.69●	11.76
Forward P/E	7.72	7.68
P/S ratio	1.36●	1.59
P/B ratio	1.81	1.70●
PEG ratio	0.08	—
EV / EBITDA	3.00●	4.93
FCF yield	12.71%●	10.22%

Profitability

Metric	APA	DVN
Gross margin	37.32%●	22.13%
Operating margin	34.63%●	18.84%
Net margin	17.80%●	13.71%
ROE	23.75%●	14.70%
ROIC	9.96%	10.46%●

Dividends

Metric	APA	DVN
Dividend yield	3.03%	3.03%
Payout ratio	25.06%	30.40%

Growth (annualized)

Metric	APA	DVN
Revenue CAGR (5Y)	11.66%	28.13%●
EPS CAGR (5Y)	69.31%●	-5.25%
FCF CAGR (5Y)	22.89%	53.32%●
Total return CAGR (5Y)	11.45%	12.71%●

Frequently asked

Which is better, APA or DVN?: It depends on your goal. value: APA (lower P/E); growth: DVN (faster 5Y revenue CAGR); quality: DVN (higher ROIC). Across all compared metrics, APA leads 9 to 5.
Is APA or DVN cheaper?: On trailing earnings, APA is cheaper: APA trades at a 7.69 P/E and DVN at 11.76.
Which has grown faster, APA or DVN?: Over the past five years, DVN grew revenue faster — APA at a 11.66% CAGR versus DVN at 28.13%.
Does APA or DVN pay a bigger dividend?: APA yields 3.03% and DVN yields 3.03% based on trailing dividends and the latest price.
Is APA or DVN more profitable?: APA runs the higher net margin — APA at 17.80% versus DVN at 13.71%.
Which has been the better investment, APA or DVN?: Over the past 10-year, DVN delivered the higher annualized total return — APA at -2.54% versus DVN at 5.43%. Past performance doesn't predict future results.

Go deeper

Full APA analysis Full DVN analysis Interactive comparison tool

Dig into the metrics

APA P/E ratio Devon Energy P/E ratio APA dividend yield Devon Energy dividend yield APA ROE Devon Energy ROE APA operating margin Devon Energy operating margin APA revenue growth Devon Energy revenue growth APA free cash flow Devon Energy free cash flow

APA & Devon Energy appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks

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 June 29, 2026.