Devon Energy Corporation (DVN) vs Kinder Morgan, Inc. (KMI)
A side-by-side comparison of Devon Energy Corporation and Kinder Morgan, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 20, 2026. Differences are shown without an overall score or investment verdict.
DVN
Devon Energy Corporation
$48.19EnergyAt close: Aug 19, 2026, 4:00 PM ET
KMI
Kinder Morgan, Inc.
$32.08EnergyAt close: Aug 19, 2026, 4:00 PM ET
Total return — DVN vs KMI
growth of $100 · dividends reinvested · last 10yDVN +63.6% (+5.0%/yr)KMI +145.2% (+9.4%/yr)KMI compounded faster over this window
DVN KMI
DVN vs KMI: by the numbers
- •KMI is the larger company ($71.44B vs $53.01B market cap).
- •DVN trades at the lower trailing earnings multiple (11.45 vs 20.56 P/E), one valuation lens rather than an overall verdict.
- •KMI converts more revenue to profit (19.31% vs 16.67% net margin).
- •DVN grew revenue faster over the past five years (23.63% vs 3.56% CAGR).
- •KMI pays the higher dividend yield (3.68% vs 2.16%).
Metrics side by side
Valuation
| Metric | DVN | KMI |
|---|---|---|
| P/E ratio | 11.45 | 20.56 |
| Forward P/E | 9.53 | 21.17 |
| P/S ratio | 2.30 | 3.97 |
| P/B ratio | 1.09 | 2.26 |
| EV / EBITDA | 6.38 | 13.45 |
| FCF yield | 3.70% | 5.42% |
Profitability
| Metric | DVN | KMI |
|---|---|---|
| Gross margin | 25.55% | 43.66% |
| Operating margin | 23.86% | 29.04% |
| Net margin | 16.67% | 19.31% |
| ROE | 7.86% | 10.96% |
| ROIC | 5.61% | 5.72% |
Dividends
| Metric | DVN | KMI |
|---|---|---|
| Dividend yield | 2.16% | 3.68% |
| Payout ratio | 24.70% | 86.13% |
Growth (annualized)
| Metric | DVN | KMI |
|---|---|---|
| Revenue CAGR (5Y) | 23.63% | 3.56% |
| EPS CAGR (5Y) | N/A | 96.49% |
| FCF CAGR (5Y) | 8.72% | 2.53% |
| Total return CAGR (5Y) | 19.53% | 21.49% |
Frequently asked
- Which has the lower trailing P/E, DVN or KMI?
- DVN has the lower trailing P/E: DVN trades at 11.45 and KMI at 20.56. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DVN or KMI?
- Over the past five years, DVN grew revenue faster — DVN at a 23.63% CAGR versus KMI at 3.56%.
- Does DVN or KMI pay a bigger dividend?
- DVN yields 2.16% and KMI yields 3.68% based on trailing dividends and the latest price.
- Is DVN or KMI more profitable?
- KMI runs the higher net margin — DVN at 16.67% versus KMI at 19.31%.
- How have DVN and KMI total returns compared?
- Over the past 10 years, DVN delivered 4.60% and KMI delivered 9.15% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Devon Energy P/E ratioKinder Morgan P/E ratioDevon Energy dividend yieldKinder Morgan dividend yieldDevon Energy ROEKinder Morgan ROEDevon Energy operating marginKinder Morgan operating marginDevon Energy revenue growthKinder Morgan revenue growthDevon Energy free cash flowKinder Morgan free cash flow
Devon Energy & Kinder Morgan 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 20, 2026.