Is DVN or EXE cheaper?

On trailing earnings, EXE is cheaper: DVN trades at a 11.76 P/E and EXE at 6.60.

Which has grown faster, DVN or EXE?

Over the past five years, DVN grew revenue faster — DVN at a 28.13% CAGR versus EXE at 27.70%.

Does DVN or EXE pay a bigger dividend?

DVN yields 3.03% and EXE yields 2.60% based on trailing dividends and the latest price.

Is DVN or EXE more profitable?

EXE runs the higher net margin — DVN at 13.71% versus EXE at 22.89%.

Which has been the better investment, DVN or EXE?

Over the past 5-year, EXE delivered the higher annualized total return — DVN at 5.43% versus EXE at 15.25%. Past performance doesn't predict future results.

Devon Energy Corporation (DVN) vs Expand Energy Corporation (EXE)

EXE leads on 9 of 15 compared metrics.

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

DVN

Devon Energy Corporation

$26.23B

$42.21Energy

EXE

Expand Energy Corporation

$21.16B

$88.47Energy

Total return — DVN vs EXE

growth of $100 · last 5y

DVN +118.7%EXE +106.7%DVN compounded faster

DVN EXE

DVN vs EXE: by the numbers

•DVN is the larger company ($26.23B vs $21.16B market cap).
•EXE trades at the lower earnings multiple (6.60 vs 11.76 P/E).
•EXE converts more revenue to profit (22.89% vs 13.71% net margin).
•DVN grew revenue faster over the past five years (28.13% vs 27.70% CAGR).
•DVN pays the higher dividend yield (3.03% vs 2.60%).

Which is better, DVN or EXE?

Metric tally: DVN 6 · EXE 9

It depends on what you're optimizing for:

ValueEXE(lower P/E)

IncomeDVN(higher dividend yield)

QualityDVN(higher ROIC)

Metrics side by side

Valuation

Metric	DVN	EXE
P/E ratio	11.76	6.60●
Forward P/E	7.68●	9.68
P/S ratio	1.59	1.51●
P/B ratio	1.70	1.09●
EV / EBITDA	4.93	3.42●
FCF yield	10.22%	13.44%●

Profitability

Metric	DVN	EXE
Gross margin	22.13%	53.38%●
Operating margin	18.84%●	17.49%
Net margin	13.71%	22.89%●
ROE	14.70%	16.51%●
ROIC	10.46%●	6.38%

Dividends

Metric	DVN	EXE
Dividend yield	3.03%●	2.60%
Payout ratio	30.40%	29.99%

Growth (annualized)

Metric	DVN	EXE
Revenue CAGR (5Y)	28.13%	27.70%
EPS CAGR (5Y)	-5.25%●	-17.41%
FCF CAGR (5Y)	53.32%●	49.16%
Total return CAGR (5Y)	12.71%	15.25%●

Frequently asked

Which is better, DVN or EXE?: It depends on your goal. value: EXE (lower P/E); income: DVN (higher dividend yield); quality: DVN (higher ROIC). Across all compared metrics, EXE leads 9 to 6.
Is DVN or EXE cheaper?: On trailing earnings, EXE is cheaper: DVN trades at a 11.76 P/E and EXE at 6.60.
Which has grown faster, DVN or EXE?: Over the past five years, DVN grew revenue faster — DVN at a 28.13% CAGR versus EXE at 27.70%.
Does DVN or EXE pay a bigger dividend?: DVN yields 3.03% and EXE yields 2.60% based on trailing dividends and the latest price.
Is DVN or EXE more profitable?: EXE runs the higher net margin — DVN at 13.71% versus EXE at 22.89%.
Which has been the better investment, DVN or EXE?: Over the past 5-year, EXE delivered the higher annualized total return — DVN at 5.43% versus EXE at 15.25%. Past performance doesn't predict future results.

Go deeper

Full DVN analysis Full EXE analysis Interactive comparison tool

Dig into the metrics

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

Devon Energy & Expand Energy appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest FCF Yield Stocks Lowest P/E Ratio 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.