Which has the lower trailing P/E, DVN or EXE?

EXE has the lower trailing P/E: DVN trades at 10.66 and EXE at 8.32. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, DVN or EXE?

Over the past five years, EXE grew revenue faster — DVN at a 23.63% CAGR versus EXE at 25.26%.

Does DVN or EXE pay a bigger dividend?

DVN yields 2.32% and EXE yields 3.31% based on trailing dividends and the latest price.

Is DVN or EXE more profitable?

EXE runs the higher net margin — DVN at 16.67% versus EXE at 20.80%.

How have DVN and EXE total returns compared?

Over the past 5 years, DVN delivered 4.49% and EXE delivered 15.59% annualized total return. Past performance doesn't predict future results.

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

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 August 13, 2026. Differences are shown without an overall score or investment verdict.

DVN

Devon Energy Corporation

$31.41B

$44.86EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT

EXE

Expand Energy Corporation

$22.29B

$96.28EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT

Total return — DVN vs EXE

growth of $100 · dividends reinvested · last 5y

DVN +223.8% (+26.5%/yr)EXE +185.4% (+23.3%/yr)DVN compounded faster over this window

DVN EXE

DVN vs EXE: by the numbers

•DVN is the larger company ($31.41B vs $22.29B market cap).
•EXE trades at the lower trailing earnings multiple (8.32 vs 10.66 P/E), one valuation lens rather than an overall verdict.
•EXE converts more revenue to profit (20.80% vs 16.67% net margin).
•EXE grew revenue faster over the past five years (25.26% vs 23.63% CAGR).
•EXE pays the higher dividend yield (3.31% vs 2.32%).

Metrics side by side

Valuation

Metric	DVN	EXE
P/E ratio	10.66	8.32
Forward P/E	8.87	10.51
P/S ratio	2.14	1.72
P/B ratio	1.01	1.18
EV / EBITDA	6.02	4.04
FCF yield	3.97%	11.07%

Profitability

Metric	DVN	EXE
Gross margin	25.55%	46.51%
Operating margin	23.86%	17.49%
Net margin	16.67%	20.80%
ROE	7.86%	14.33%
ROIC	10.46%	6.38%

Dividends

Metric	DVN	EXE
Dividend yield	2.32%	3.31%
Payout ratio	24.70%	41.59%

Growth (annualized)

Metric	DVN	EXE
Revenue CAGR (5Y)	23.63%	25.26%
FCF CAGR (5Y)	8.72%	33.22%
Total return CAGR (5Y)	15.11%	15.59%

Frequently asked

Which has the lower trailing P/E, DVN or EXE?: EXE has the lower trailing P/E: DVN trades at 10.66 and EXE at 8.32. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DVN or EXE?: Over the past five years, EXE grew revenue faster — DVN at a 23.63% CAGR versus EXE at 25.26%.
Does DVN or EXE pay a bigger dividend?: DVN yields 2.32% and EXE yields 3.31% based on trailing dividends and the latest price.
Is DVN or EXE more profitable?: EXE runs the higher net margin — DVN at 16.67% versus EXE at 20.80%.
How have DVN and EXE total returns compared?: Over the past 5 years, DVN delivered 4.49% and EXE delivered 15.59% annualized total return. 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 August 13, 2026.