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.

Compare

Total returnDVN vs HAL

growth of $100 · dividends reinvested · last 10y
DVN +46.6% (+3.9%/yr)HAL -10.4% (-1.1%/yr)DVN compounded faster over this window
050100150200Start $10020182020202220242026$147$90
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

MetricDVNHAL
P/E ratio10.6617.42
Forward P/E8.8714.20
P/S ratio2.141.25
P/B ratio1.012.53
EV / EBITDA6.029.14
FCF yield3.97%6.18%

Profitability

MetricDVNHAL
Gross margin25.55%15.11%
Operating margin23.86%11.44%
Net margin16.67%7.16%
ROE7.86%14.55%
ROIC10.46%8.38%

Dividends

MetricDVNHAL
Dividend yield2.32%2.04%
Payout ratio24.70%45.03%

Growth (annualized)

MetricDVNHAL
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.

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.