Is DVN or HAL cheaper?

On trailing earnings, DVN is cheaper: DVN trades at a 11.76 P/E and HAL at 18.78.

Which has grown faster, DVN or HAL?

Over the past five years, DVN grew revenue faster — DVN at a 28.13% CAGR versus HAL at 11.51%.

Does DVN or HAL pay a bigger dividend?

DVN yields 3.03% and HAL yields 1.99% based on trailing dividends and the latest price.

Is DVN or HAL more profitable?

DVN runs the higher net margin — DVN at 13.71% versus HAL at 6.95%.

Which has been the better investment, DVN or HAL?

Over the past 10-year, DVN delivered the higher annualized total return — DVN at 5.43% versus HAL at -0.56%. Past performance doesn't predict future results.

Devon Energy Corporation (DVN) vs Halliburton Company (HAL)

DVN leads on 14 of 16 compared metrics.

A side-by-side comparison of Devon Energy Corporation and Halliburton Company 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 HAL

growth of $100 · last 30y

DVN +239.3%HAL +146.5%DVN compounded faster

DVN HAL

DVN vs HAL: by the numbers

•HAL is the larger company ($28.58B vs $26.23B market cap).
•DVN trades at the lower earnings multiple (11.76 vs 18.78 P/E).
•DVN converts more revenue to profit (13.71% vs 6.95% net margin).
•DVN grew revenue faster over the past five years (28.13% vs 11.51% CAGR).
•DVN pays the higher dividend yield (3.03% vs 1.99%).

Which is better, DVN or HAL?

Metric tally: DVN 14 · HAL 2

It depends on what you're optimizing for:

ValueDVN(lower P/E)

GrowthDVN(faster 5Y revenue CAGR)

IncomeDVN(higher dividend yield)

QualityDVN(higher ROIC)

Metrics side by side

Valuation

Metric	DVN	HAL
P/E ratio	11.76●	18.78
Forward P/E	7.68●	11.75
P/S ratio	1.59	1.29●
P/B ratio	1.70●	2.65
EV / EBITDA	4.93●	9.50
FCF yield	10.22%●	5.84%

Profitability

Metric	DVN	HAL
Gross margin	22.13%●	15.31%
Operating margin	18.84%●	11.31%
Net margin	13.71%●	6.95%
ROE	14.70%●	14.23%
ROIC	10.46%●	8.38%

Dividends

Metric	DVN	HAL
Dividend yield	3.03%●	1.99%
Payout ratio	30.40%	45.03%

Growth (annualized)

Metric	DVN	HAL
Revenue CAGR (5Y)	28.13%●	11.51%
EPS CAGR (5Y)	-5.25%	-3.16%●
FCF CAGR (5Y)	53.32%●	6.24%
Total return CAGR (5Y)	12.71%●	9.48%

Frequently asked

Which is better, DVN or HAL?: It depends on your goal. value: DVN (lower P/E); growth: DVN (faster 5Y revenue CAGR); income: DVN (higher dividend yield); quality: DVN (higher ROIC). Across all compared metrics, DVN leads 14 to 2.
Is DVN or HAL cheaper?: On trailing earnings, DVN is cheaper: DVN trades at a 11.76 P/E and HAL at 18.78.
Which has grown faster, DVN or HAL?: Over the past five years, DVN grew revenue faster — DVN at a 28.13% CAGR versus HAL at 11.51%.
Does DVN or HAL pay a bigger dividend?: DVN yields 3.03% and HAL yields 1.99% based on trailing dividends and the latest price.
Is DVN or HAL more profitable?: DVN runs the higher net margin — DVN at 13.71% versus HAL at 6.95%.
Which has been the better investment, DVN or HAL?: Over the past 10-year, DVN delivered the higher annualized total return — DVN at 5.43% versus HAL at -0.56%. Past performance doesn't predict future results.

Go deeper

Full DVN analysis Full HAL analysis Interactive comparison tool

Dig into the metrics

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

Devon Energy & Halliburton 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.