Is DVN or EQT cheaper?

On trailing earnings, EQT is cheaper: DVN trades at a 11.76 P/E and EQT at 9.76.

Which has grown faster, DVN or EQT?

Over the past five years, DVN grew revenue faster — DVN at a 28.13% CAGR versus EQT at 26.65%.

Does DVN or EQT pay a bigger dividend?

DVN yields 3.03% and EQT yields 1.25% based on trailing dividends and the latest price.

Is DVN or EQT more profitable?

EQT runs the higher net margin — DVN at 13.71% versus EQT at 33.40%.

Which has been the better investment, DVN or EQT?

Over the past 10-year, DVN delivered the higher annualized total return — DVN at 5.43% versus EQT at 3.22%. Past performance doesn't predict future results.

Devon Energy Corporation (DVN) vs EQT Corporation (EQT)

DVN and EQT are evenly matched — 8 metrics each of 16.

A side-by-side comparison of Devon Energy Corporation and EQT 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).

DVN

Devon Energy Corporation

Total return — DVN vs EQT

growth of $100 · last 30y

DVN +239.3%EQT +1268.8%EQT compounded faster

DVN EQT

DVN vs EQT: by the numbers

•EQT is the larger company ($32.96B vs $26.23B market cap).
•EQT trades at the lower earnings multiple (9.76 vs 11.76 P/E).
•EQT converts more revenue to profit (33.40% vs 13.71% net margin).
•DVN grew revenue faster over the past five years (28.13% vs 26.65% CAGR).
•DVN pays the higher dividend yield (3.03% vs 1.25%).

Which is better, DVN or EQT?

Metric tally: DVN 8 · EQT 8

It depends on what you're optimizing for:

ValueEQT(lower P/E)

GrowthDVN(faster 5Y revenue CAGR)

IncomeDVN(higher dividend yield)

QualityDVN(higher ROIC)

Metrics side by side

Valuation

Metric	DVN	EQT
P/E ratio	11.76	9.76●
Forward P/E	7.68●	11.56
P/S ratio	1.59●	3.28
P/B ratio	1.70	1.31●
PEG ratio	—	0.03
EV / EBITDA	4.93●	5.24
FCF yield	10.22%	12.33%●

Profitability

Metric	DVN	EQT
Gross margin	22.13%	48.86%●
Operating margin	18.84%	34.70%●
Net margin	13.71%	33.40%●
ROE	14.70%●	13.34%
ROIC	10.46%●	6.18%

Dividends

Metric	DVN	EQT
Dividend yield	3.03%●	1.25%
Payout ratio	30.40%	19.82%

Growth (annualized)

Metric	DVN	EQT
Revenue CAGR (5Y)	28.13%●	26.65%
EPS CAGR (5Y)	-5.25%●	-10.45%
FCF CAGR (5Y)	53.32%	58.98%●
Total return CAGR (5Y)	12.71%	20.67%●

Frequently asked

Which is better, DVN or EQT?: It depends on your goal. value: EQT (lower P/E); growth: DVN (faster 5Y revenue CAGR); income: DVN (higher dividend yield); quality: DVN (higher ROIC). Across all compared metrics, they are evenly matched.
Is DVN or EQT cheaper?: On trailing earnings, EQT is cheaper: DVN trades at a 11.76 P/E and EQT at 9.76.
Which has grown faster, DVN or EQT?: Over the past five years, DVN grew revenue faster — DVN at a 28.13% CAGR versus EQT at 26.65%.
Does DVN or EQT pay a bigger dividend?: DVN yields 3.03% and EQT yields 1.25% based on trailing dividends and the latest price.
Is DVN or EQT more profitable?: EQT runs the higher net margin — DVN at 13.71% versus EQT at 33.40%.
Which has been the better investment, DVN or EQT?: Over the past 10-year, DVN delivered the higher annualized total return — DVN at 5.43% versus EQT at 3.22%. Past performance doesn't predict future results.

Go deeper

Full DVN analysis Full EQT analysis Interactive comparison tool

Dig into the metrics

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

Devon Energy & EQT 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.