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

DVN has the lower trailing P/E: DVN trades at 11.65 and TRP at 26.09. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, DVN or TRP?

Over the past five years, DVN grew revenue faster — DVN at a 23.63% CAGR versus TRP at 2.32%.

Does DVN or TRP pay a bigger dividend?

DVN yields 2.12% and TRP yields 3.97% based on trailing dividends and the latest price.

Is DVN or TRP more profitable?

TRP runs the higher net margin — DVN at 16.67% versus TRP at 22.46%.

How have DVN and TRP total returns compared?

Over the past 10 years, DVN delivered 4.79% and TRP delivered 10.23% annualized total return. Past performance doesn't predict future results.

Devon Energy Corporation (DVN) vs TC Energy Corporation (TRP)

A side-by-side comparison of Devon Energy Corporation and TC Energy Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 3, 2026. Differences are shown without an overall score or investment verdict.

DVN

Devon Energy Corporation

$53.67B

$48.79EnergyDelayed quote: Sep 3, 2026, 4:00 PM EDT

TRP

TC Energy Corporation

$65.46B

$62.88EnergyDelayed quote: Sep 3, 2026, 4:00 PM EDT

Total return — DVN vs TRP

growth of $100 · dividends reinvested · last 10y

DVN +63.7% (+5.0%/yr)TRP +162.3% (+10.1%/yr)TRP compounded faster over this window

DVN TRP

DVN vs TRP: by the numbers

•TRP is the larger company ($65.46B vs $53.67B market cap).
•DVN trades at the lower trailing earnings multiple (11.65 vs 26.09 P/E), one valuation lens rather than an overall verdict.
•TRP converts more revenue to profit (22.46% vs 16.67% net margin).
•DVN grew revenue faster over the past five years (23.63% vs 2.32% CAGR).
•TRP pays the higher dividend yield (3.97% vs 2.12%).

Metrics side by side

Valuation

Metric	DVN	TRP
P/E ratio	11.65	26.09
Forward P/E	9.54	16.27
P/S ratio	2.34	5.67
P/B ratio	1.10	3.33
EV / EBITDA	6.47	14.75
FCF yield	3.63%	3.99%

Profitability

Metric	DVN	TRP
Gross margin	25.55%	51.47%
Operating margin	23.86%	46.09%
Net margin	16.67%	22.46%
ROE	7.86%	13.19%
ROIC	5.61%	5.18%

Dividends

Metric	DVN	TRP
Dividend yield	2.12%	3.97%
Payout ratio	24.70%	104.06%

Growth (annualized)

Metric	DVN	TRP
Revenue CAGR (5Y)	23.63%	2.32%
EPS CAGR (5Y)	N/A	-8.54%
FCF CAGR (5Y)	8.72%	69.19%
Total return CAGR (5Y)	16.49%	14.20%

Frequently asked

Which has the lower trailing P/E, DVN or TRP?: DVN has the lower trailing P/E: DVN trades at 11.65 and TRP at 26.09. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, DVN or TRP?: Over the past five years, DVN grew revenue faster — DVN at a 23.63% CAGR versus TRP at 2.32%.
Does DVN or TRP pay a bigger dividend?: DVN yields 2.12% and TRP yields 3.97% based on trailing dividends and the latest price.
Is DVN or TRP more profitable?: TRP runs the higher net margin — DVN at 16.67% versus TRP at 22.46%.
How have DVN and TRP total returns compared?: Over the past 10 years, DVN delivered 4.79% and TRP delivered 10.23% annualized total return. Past performance doesn't predict future results.

Go deeper

Full DVN analysis Full TRP analysis Interactive comparison tool

Dig into the metrics

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

Devon Energy & TC Energy appear in these rankings

Highest Dividend Yield Stocks Fastest Revenue Growth Stocks Highest Operating Margin 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 September 3, 2026.