Which has the lower trailing P/E, DVN or OKE?

DVN has the lower trailing P/E: DVN trades at 11.20 and OKE at 15.03. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, DVN or OKE?

Over the past five years, OKE grew revenue faster — DVN at a 23.63% CAGR versus OKE at 27.55%.

Does DVN or OKE pay a bigger dividend?

DVN yields 2.37% and OKE yields 4.86% based on trailing dividends and the latest price.

Is DVN or OKE more profitable?

DVN runs the higher net margin — DVN at 16.67% versus OKE at 9.29%.

How have DVN and OKE total returns compared?

Over the past 10 years, DVN delivered 4.47% and OKE delivered 12.04% annualized total return. Past performance doesn't predict future results.

Devon Energy Corporation (DVN) vs ONEOK, Inc. (OKE)

A side-by-side comparison of Devon Energy Corporation and ONEOK, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

DVN

Devon Energy Corporation

$51.88B

$47.16EnergyDelayed quote: Oct 1, 2026, 4:00 PM EDT

OKE

ONEOK, Inc.

$54.92B

$87.16EnergyDelayed quote: Oct 1, 2026, 4:00 PM EDT

Total return — DVN vs OKE

growth of $100 · dividends reinvested · last 10y

DVN +53.9% (+4.4%/yr)OKE +218.1% (+12.3%/yr)OKE compounded faster over this window

DVN OKE

DVN vs OKE: by the numbers

•OKE is the larger company ($54.92B vs $51.88B market cap).
•DVN trades at the lower trailing earnings multiple (11.20 vs 15.03 P/E), one valuation lens rather than an overall verdict.
•DVN converts more revenue to profit (16.67% vs 9.29% net margin).
•OKE grew revenue faster over the past five years (27.55% vs 23.63% CAGR).
•OKE pays the higher dividend yield (4.86% vs 2.37%).

Metrics side by side

Valuation

Metric	DVN	OKE
P/E ratio	11.20	15.03
Forward P/E	9.11	15.27
PEG ratio	N/A	0.49
P/S ratio	2.64	1.40
P/B ratio	1.24	2.39
EV / EBITDA	7.13	9.97
FCF yield	3.23%	5.29%

Profitability

Metric	DVN	OKE
Gross margin	25.55%	21.83%
Operating margin	23.86%	18.48%
Net margin	16.67%	9.29%
ROE	7.86%	15.95%
ROIC	5.61%	8.77%

Dividends

Metric	DVN	OKE
Dividend yield	2.37%	4.86%
Payout ratio	26.60%	73.10%

Growth (annualized)

Metric	DVN	OKE
Revenue CAGR (5Y)	23.63%	27.55%
EPS CAGR (5Y)	N/A	30.77%
FCF CAGR (5Y)	8.72%	18.10%
Total return CAGR (5Y)	10.20%	13.99%

Frequently asked

Which has the lower trailing P/E, DVN or OKE?: DVN has the lower trailing P/E: DVN trades at 11.20 and OKE at 15.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DVN or OKE?: Over the past five years, OKE grew revenue faster — DVN at a 23.63% CAGR versus OKE at 27.55%.
Does DVN or OKE pay a bigger dividend?: DVN yields 2.37% and OKE yields 4.86% based on trailing dividends and the latest price.
Is DVN or OKE more profitable?: DVN runs the higher net margin — DVN at 16.67% versus OKE at 9.29%.
How have DVN and OKE total returns compared?: Over the past 10 years, DVN delivered 4.47% and OKE delivered 12.04% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DVN analysis Full OKE analysis Interactive comparison tool

Dig into the metrics

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

Devon Energy & ONEOK 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 October 2, 2026.