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.

Compare

Total returnDVN vs KMI

growth of $100 · dividends reinvested · last 10y
DVN +63.6% (+5.0%/yr)KMI +145.2% (+9.4%/yr)KMI compounded faster over this window
050100150200250Start $10020182020202220242026$164$245
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

MetricDVNKMI
P/E ratio11.4520.56
Forward P/E9.5321.17
P/S ratio2.303.97
P/B ratio1.092.26
EV / EBITDA6.3813.45
FCF yield3.70%5.42%

Profitability

MetricDVNKMI
Gross margin25.55%43.66%
Operating margin23.86%29.04%
Net margin16.67%19.31%
ROE7.86%10.96%
ROIC5.61%5.72%

Dividends

MetricDVNKMI
Dividend yield2.16%3.68%
Payout ratio24.70%86.13%

Growth (annualized)

MetricDVNKMI
Revenue CAGR (5Y)23.63%3.56%
EPS CAGR (5Y)N/A96.49%
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.

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.