Devon Energy Corporation (DVN) vs Texas Pacific Land Corporation (TPL)
DVN leads on 9 of 16 compared metrics.
A side-by-side comparison of Devon Energy Corporation and Texas Pacific Land Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 29, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — DVN vs TPL
growth of $100 · last 30yDVN +239.3%TPL +60480.4%TPL compounded faster
Log scale — wide-divergence pair
DVN TPL
DVN vs TPL: by the numbers
- •TPL is the larger company ($27.30B vs $26.23B market cap).
- •DVN trades at the lower earnings multiple (11.76 vs 54.27 P/E).
- •TPL converts more revenue to profit (60.03% vs 13.71% net margin).
- •DVN grew revenue faster over the past five years (28.13% vs 23.67% CAGR).
- •DVN pays the higher dividend yield (3.03% vs 0.61%).
Which is better, DVN or TPL?
Metric tally: DVN 9 · TPL 7It depends on what you're optimizing for:
ValueDVN(lower P/E)
GrowthDVN(faster 5Y revenue CAGR)
IncomeDVN(higher dividend yield)
QualityTPL(higher ROIC)
Metrics side by side
Valuation
| Metric | DVN | TPL |
|---|---|---|
| P/E ratio | 11.76● | 54.27 |
| Forward P/E | 7.68● | 43.17 |
| P/S ratio | 1.59● | 32.55 |
| P/B ratio | 1.70● | 17.55 |
| PEG ratio | — | 6.83 |
| EV / EBITDA | 4.93● | 39.30 |
| FCF yield | 10.22%● | 1.81% |
Profitability
| Metric | DVN | TPL |
|---|---|---|
| Gross margin | 22.13% | 85.46%● |
| Operating margin | 18.84% | 74.42%● |
| Net margin | 13.71% | 60.03%● |
| ROE | 14.70% | 32.37%● |
| ROIC | 10.46% | 30.12%● |
Dividends
| Metric | DVN | TPL |
|---|---|---|
| Dividend yield | 3.03%● | 0.61% |
| Payout ratio | 30.40% | 34.38% |
Growth (annualized)
| Metric | DVN | TPL |
|---|---|---|
| Revenue CAGR (5Y) | 28.13%● | 23.67% |
| EPS CAGR (5Y) | -5.25% | 22.57%● |
| FCF CAGR (5Y) | 53.32%● | 18.77% |
| Total return CAGR (5Y) | 12.71% | 18.39%● |
Frequently asked
- Which is better, DVN or TPL?
- It depends on your goal. value: DVN (lower P/E); growth: DVN (faster 5Y revenue CAGR); income: DVN (higher dividend yield); quality: TPL (higher ROIC). Across all compared metrics, DVN leads 9 to 7.
- Is DVN or TPL cheaper?
- On trailing earnings, DVN is cheaper: DVN trades at a 11.76 P/E and TPL at 54.27.
- Which has grown faster, DVN or TPL?
- Over the past five years, DVN grew revenue faster — DVN at a 28.13% CAGR versus TPL at 23.67%.
- Does DVN or TPL pay a bigger dividend?
- DVN yields 3.03% and TPL yields 0.61% based on trailing dividends and the latest price.
- Is DVN or TPL more profitable?
- TPL runs the higher net margin — DVN at 13.71% versus TPL at 60.03%.
- Which has been the better investment, DVN or TPL?
- Over the past 10-year, TPL delivered the higher annualized total return — DVN at 5.43% versus TPL at 37.72%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Devon Energy P/E ratioTexas Pacific Land P/E ratioDevon Energy dividend yieldTexas Pacific Land dividend yieldDevon Energy ROETexas Pacific Land ROEDevon Energy operating marginTexas Pacific Land operating marginDevon Energy revenue growthTexas Pacific Land revenue growthDevon Energy free cash flowTexas Pacific Land free cash flow
Devon Energy & Texas Pacific Land 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 June 29, 2026.