Devon Energy Corporation (DVN) vs Diamondback Energy, Inc. (FANG)

Devon Energy Corporation and Diamondback Energy, Inc. are both Oil & Gas E&P companies. Devon Energy Corporation and Diamondback Energy, Inc. are of similar size ($54.8B and $54.2B). Devon Energy Corporation trades at the lower P/E: 12.0× against 39.7×. Diamondback Energy, Inc. grew revenue faster over the last twelve months: 21.5% against 14.6%. Devon Energy Corporation has the higher net margin (16.7% vs 8.58%) and the higher return on invested capital (5.05% vs 1.20%). Both pay a dividend; Devon Energy Corporation yields more (2.21% vs 2.09%). Across the 22 metrics below, Devon Energy Corporation leads on 16 and Diamondback Energy, Inc. on 6.

Valuation

Metric DVN FANG Oil & Gas E&P median
P/E 11.98 39.73 11.01
P/S 2.41 3.35 1.98
P/B 1.14 1.30 1.30
Price to free cash flow 29.55 6.54 10.68
EV/EBITDA 6.97 10.99 5.09
EV/Sales 2.94 4.06 2.63
Earnings yield 8.35% 2.52% 5.78%
Free cash flow yield 3.38% 15.30% 4.91%

Profitability

Metric DVN FANG Oil & Gas E&P median
Gross margin 79.45% 84.75% 80.41%
Operating margin 21.39% 6.33% 21.39%
Net margin 16.67% 8.58% 14.17%
Free cash flow margin 8.17% 51.26% 8.18%
Return on equity 11.50% 3.38% 10.05%
Return on assets 6.41% 2.06% 5.81%
Return on invested capital 5.05% 1.20% 6.32%

Growth

Metric DVN FANG Oil & Gas E&P median
Revenue growth (TTM) 14.64% 21.45% 9.94%
EPS growth (last fiscal year) (8.55%) (63.10%) (10.50%)
Revenue growth, 5-year CAGR 28.91% 39.81% 18.67%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric DVN FANG Oil & Gas E&P median
Debt to equity 0.27 0.29 0.28
Current ratio 0.72 0.47 0.96
Net debt to EBITDA 0.99 2.28 0.89

Dividend

Metric DVN FANG Oil & Gas E&P median
Dividend yield 2.21% 2.09% 3.29%
Payout ratio 0.27 0.83 0.35

Size

Metric DVN FANG Oil & Gas E&P median
Market cap 54.16b 54.77b 1.04b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack