Devon Energy Corporation (DVN) vs Diamondback Energy, Inc. (FANG)

A side-by-side comparison of Devon Energy Corporation and Diamondback Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — DVN vs FANG

growth of $100 · dividends reinvested · last 10y
DVN +64.3% (+5.1%/yr)FANG +157.8% (+9.9%/yr)FANG compounded faster over this window
0100200300Start $10020182020202220242026$164$258
DVN FANG

DVN vs FANG: by the numbers

  • •FANG is the larger company ($52.19B vs $51.88B market cap).
  • •DVN converts more revenue to profit (16.67% vs 9.27% net margin).
  • •FANG grew revenue faster over the past five years (31.48% vs 23.63% CAGR).
  • •DVN pays the higher dividend yield (2.37% vs 2.29%).

Metrics side by side

Valuation

MetricDVNFANG
P/E ratio11.20N/A
Forward P/E9.118.90
P/S ratio2.643.05
P/B ratio1.241.38
EV / EBITDA7.136.44
FCF yield3.23%12.45%

Profitability

MetricDVNFANG
Gross margin25.55%35.16%
Operating margin23.86%27.68%
Net margin16.67%9.27%
ROE7.86%4.18%
ROIC5.61%5.88%

Dividends

MetricDVNFANG
Dividend yield2.37%2.29%
Payout ratio26.60%N/A

Growth (annualized)

MetricDVNFANG
Revenue CAGR (5Y)23.63%31.48%
FCF CAGR (5Y)8.72%51.55%
Total return CAGR (5Y)10.20%18.35%

Frequently asked

Which has grown faster, DVN or FANG?
Over the past five years, FANG grew revenue faster — DVN at a 23.63% CAGR versus FANG at 31.48%.
Does DVN or FANG pay a bigger dividend?
DVN yields 2.37% and FANG yields 2.29% based on trailing dividends and the latest price.
Is DVN or FANG more profitable?
DVN runs the higher net margin — DVN at 16.67% versus FANG at 9.27%.
How have DVN and FANG total returns compared?
Over the past 10 years, DVN delivered 4.47% and FANG delivered 9.72% annualized total return. Past performance doesn't predict future results.

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 October 2, 2026.