Devon Energy Corporation (DVN) vs Texas Pacific Land Corporation (TPL)

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 August 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnDVN vs TPL

growth of $100 · dividends reinvested · last 10y
DVN +65.3% (+5.2%/yr)TPL +2061.9% (+36.0%/yr)TPL compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$165$2,162
DVN TPL

DVN vs TPL: by the numbers

  • DVN is the larger company ($31.41B vs $23.64B market cap).
  • DVN trades at the lower trailing earnings multiple (10.66 vs 46.55 P/E), one valuation lens rather than an overall verdict.
  • TPL converts more revenue to profit (60.32% vs 16.67% net margin).
  • DVN grew revenue faster over the past five years (23.63% vs 22.25% CAGR).
  • DVN pays the higher dividend yield (2.32% vs 0.52%).

Metrics side by side

Valuation

MetricDVNTPL
P/E ratio10.6646.55
Forward P/E8.8742.15
P/S ratio2.1428.07
P/B ratio1.0115.07
EV / EBITDA6.0233.73
FCF yield3.97%2.70%

Profitability

MetricDVNTPL
Gross margin25.55%85.46%
Operating margin23.86%74.92%
Net margin16.67%60.32%
ROE7.86%32.37%
ROIC10.46%30.12%

Dividends

MetricDVNTPL
Dividend yield2.32%0.52%
Payout ratio24.70%27.38%

Growth (annualized)

MetricDVNTPL
Revenue CAGR (5Y)23.63%22.25%
EPS CAGR (5Y)N/A22.57%
FCF CAGR (5Y)8.72%25.93%
Total return CAGR (5Y)15.11%18.54%

Frequently asked

Which has the lower trailing P/E, DVN or TPL?
DVN has the lower trailing P/E: DVN trades at 10.66 and TPL at 46.55. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DVN or TPL?
Over the past five years, DVN grew revenue faster — DVN at a 23.63% CAGR versus TPL at 22.25%.
Does DVN or TPL pay a bigger dividend?
DVN yields 2.32% and TPL yields 0.52% based on trailing dividends and the latest price.
Is DVN or TPL more profitable?
TPL runs the higher net margin — DVN at 16.67% versus TPL at 60.32%.
How have DVN and TPL total returns compared?
Over the past 10 years, DVN delivered 4.49% and TPL delivered 36.31% 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.