Devon Energy Corporation (DVN) vs Halliburton Company (HAL)
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 August 13, 2026. Differences are shown without an overall score or investment verdict.
DVN
Devon Energy Corporation
$44.86EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT
HAL
Halliburton Company
$33.29EnergyDelayed quote: Aug 12, 2026, 4:00 PM EDT
Total return — DVN vs HAL
growth of $100 · dividends reinvested · last 10yDVN +46.6% (+3.9%/yr)HAL -10.4% (-1.1%/yr)DVN compounded faster over this window
DVN HAL
DVN vs HAL: by the numbers
- •DVN is the larger company ($31.41B vs $27.81B market cap).
- •DVN trades at the lower trailing earnings multiple (10.66 vs 17.42 P/E), one valuation lens rather than an overall verdict.
- •DVN converts more revenue to profit (16.67% vs 7.16% net margin).
- •DVN grew revenue faster over the past five years (23.63% vs 10.85% CAGR).
- •DVN pays the higher dividend yield (2.32% vs 2.04%).
Metrics side by side
Valuation
| Metric | DVN | HAL |
|---|---|---|
| P/E ratio | 10.66 | 17.42 |
| Forward P/E | 8.87 | 14.20 |
| P/S ratio | 2.14 | 1.25 |
| P/B ratio | 1.01 | 2.53 |
| EV / EBITDA | 6.02 | 9.14 |
| FCF yield | 3.97% | 6.18% |
Profitability
| Metric | DVN | HAL |
|---|---|---|
| Gross margin | 25.55% | 15.11% |
| Operating margin | 23.86% | 11.44% |
| Net margin | 16.67% | 7.16% |
| ROE | 7.86% | 14.55% |
| ROIC | 10.46% | 8.38% |
Dividends
| Metric | DVN | HAL |
|---|---|---|
| Dividend yield | 2.32% | 2.04% |
| Payout ratio | 24.70% | 45.03% |
Growth (annualized)
| Metric | DVN | HAL |
|---|---|---|
| Revenue CAGR (5Y) | 23.63% | 10.85% |
| FCF CAGR (5Y) | 8.72% | 11.48% |
| Total return CAGR (5Y) | 15.11% | 12.39% |
Frequently asked
- Which has the lower trailing P/E, DVN or HAL?
- DVN has the lower trailing P/E: DVN trades at 10.66 and HAL at 17.42. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DVN or HAL?
- Over the past five years, DVN grew revenue faster — DVN at a 23.63% CAGR versus HAL at 10.85%.
- Does DVN or HAL pay a bigger dividend?
- DVN yields 2.32% and HAL yields 2.04% based on trailing dividends and the latest price.
- Is DVN or HAL more profitable?
- DVN runs the higher net margin — DVN at 16.67% versus HAL at 7.16%.
- How have DVN and HAL total returns compared?
- Over the past 10 years, DVN delivered 4.49% and HAL delivered -0.81% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Devon Energy P/E ratioHalliburton P/E ratioDevon Energy dividend yieldHalliburton dividend yieldDevon Energy ROEHalliburton ROEDevon Energy operating marginHalliburton operating marginDevon Energy revenue growthHalliburton revenue growthDevon Energy free cash flowHalliburton free cash flow
Devon Energy & Halliburton 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 August 13, 2026.