Devon Energy Corporation (DVN) vs First Solar, Inc. (FSLR)
FSLR leads on 8 of 15 compared metrics, though DVN is the cheaper stock.
A side-by-side comparison of Devon Energy Corporation and First Solar, Inc. 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).
Total return — DVN vs FSLR
growth of $100 · last 20yDVN -38.7%FSLR +866.3%FSLR compounded faster
Log scale — wide-divergence pair
DVN FSLR
DVN vs FSLR: by the numbers
- •DVN is the larger company ($26.23B vs $25.69B market cap).
- •DVN trades at the lower earnings multiple (11.76 vs 15.44 P/E).
- •FSLR converts more revenue to profit (30.73% vs 13.71% net margin).
- •DVN grew revenue faster over the past five years (28.13% vs 12.69% CAGR).
- •DVN pays a dividend (3.03% yield) while FSLR does not currently pay one.
Which is better, DVN or FSLR?
Metric tally: DVN 7 · FSLR 8It depends on what you're optimizing for:
ValueDVN(lower P/E)
GrowthDVN(faster 5Y revenue CAGR)
QualityFSLR(higher ROIC)
Metrics side by side
Valuation
| Metric | DVN | FSLR |
|---|---|---|
| P/E ratio | 11.76● | 15.44 |
| Forward P/E | 7.68● | 9.93 |
| P/S ratio | 1.59● | 4.75 |
| P/B ratio | 1.70● | 2.60 |
| PEG ratio | — | 1.01 |
| EV / EBITDA | 4.93● | 10.13 |
| FCF yield | 10.22%● | 6.48% |
Profitability
| Metric | DVN | FSLR |
|---|---|---|
| Gross margin | 22.13% | 41.73%● |
| Operating margin | 18.84% | 33.17%● |
| Net margin | 13.71% | 30.73%● |
| ROE | 14.70% | 16.86%● |
| ROIC | 10.46% | 14.42%● |
Dividends
| Metric | DVN | FSLR |
|---|---|---|
| Dividend yield | 3.03% | — |
| Payout ratio | 30.40% | — |
Growth (annualized)
| Metric | DVN | FSLR |
|---|---|---|
| Revenue CAGR (5Y) | 28.13%● | 12.69% |
| EPS CAGR (5Y) | -5.25% | 30.54%● |
| FCF CAGR (5Y) | 53.32% | 55.54%● |
| Total return CAGR (5Y) | 12.71% | 22.15%● |
Frequently asked
- Which is better, DVN or FSLR?
- It depends on your goal. value: DVN (lower P/E); growth: DVN (faster 5Y revenue CAGR); quality: FSLR (higher ROIC). Across all compared metrics, FSLR leads 8 to 7.
- Is DVN or FSLR cheaper?
- On trailing earnings, DVN is cheaper: DVN trades at a 11.76 P/E and FSLR at 15.44.
- Which has grown faster, DVN or FSLR?
- Over the past five years, DVN grew revenue faster — DVN at a 28.13% CAGR versus FSLR at 12.69%.
- Does DVN or FSLR pay a bigger dividend?
- DVN pays a dividend (3.03% yield) while FSLR does not currently pay one.
- Is DVN or FSLR more profitable?
- FSLR runs the higher net margin — DVN at 13.71% versus FSLR at 30.73%.
- Which has been the better investment, DVN or FSLR?
- Over the past 10-year, FSLR delivered the higher annualized total return — DVN at 5.43% versus FSLR at 17.90%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Devon Energy P/E ratioFirst Solar P/E ratioDevon Energy dividend yieldFirst Solar dividend yieldDevon Energy ROEFirst Solar ROEDevon Energy operating marginFirst Solar operating marginDevon Energy revenue growthFirst Solar revenue growthDevon Energy free cash flowFirst Solar free cash flow
Devon Energy & First Solar 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 June 29, 2026.