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.
APA
APA Corporation
$39.97EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT
DVN
Devon Energy Corporation
$44.86EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT
Total return — APA vs DVN
growth of $100 · dividends reinvested · last 10yAPA -3.7% (-0.4%/yr)DVN +63.4% (+5.0%/yr)DVN compounded faster over this window
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
| Metric | APA | DVN |
|---|---|---|
| P/E ratio | 8.45 | 10.66 |
| Forward P/E | 7.12 | 8.87 |
| P/S ratio | 1.60 | 2.14 |
| P/B ratio | 2.02 | 1.01 |
| EV / EBITDA | 5.35 | 6.02 |
| FCF yield | 14.90% | 3.97% |
Profitability
| Metric | APA | DVN |
|---|---|---|
| Gross margin | 38.77% | 25.55% |
| Operating margin | 30.83% | 23.86% |
| Net margin | 18.99% | 16.67% |
| ROE | 23.89% | 7.86% |
| ROIC | 9.96% | 10.46% |
Dividends
| Metric | APA | DVN |
|---|---|---|
| Dividend yield | 2.50% | 2.32% |
| Payout ratio | 25.06% | 24.70% |
Growth (annualized)
| Metric | APA | DVN |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
APA P/E ratioDevon Energy P/E ratioAPA dividend yieldDevon Energy dividend yieldAPA ROEDevon Energy ROEAPA operating marginDevon Energy operating marginAPA revenue growthDevon Energy revenue growthAPA free cash flowDevon Energy free cash flow
APA & 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.