APA vs. DVN: APA vs. Devon Energy Stock Comparison
How do APA (APA) and Devon Energy (DVN) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
APA (APA) and Devon Energy (DVN) are both classified in the Oil & Gas Exploration & Production sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
| Profile Item | APA | DVN |
|---|---|---|
| Name | APA Corporation | Devon Energy Corporation |
| Country/Region | United States | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Exploration & Production | Oil & Gas Exploration & Production |
| Market Capitalization | 14.98 billion USD | 48.11 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | May 15, 1979 | July 22, 1985 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | APA | DVN |
|---|---|---|
| Total Return (1Y) | 92.90% | 28.98% |
| Total Return (3Y, Annualized) | 11.25% | 1.94% |
| Total Return (5Y, Annualized) | 11.68% | 4.07% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | APA | DVN |
|---|---|---|
| Volatility (1Y, Annualized) | 44.92% | 35.86% |
| Beta (5Y) | 0.34 | 0.51 |
| Max Drawdown (5Y) | -70.47% | -60.83% |
| Avg. Volume (3M) | 5.66M | 10.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | APA | DVN |
|---|---|---|
| Sharpe Ratio (1Y) | 1.97 | 0.69 |
| Sortino Ratio (1Y) | 2.94 | 0.99 |
Profitability
ROE (TTM)
APA (APA) at 33.32% sits in the top ROE quartile, while Devon Energy (DVN) at 12.56% is closer to the peer norm — stronger capital efficiency for APA.
APA
Energy industry group
33.32%
- Max
- 53.85%
- APA
- 33.32%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
DVN
Energy industry group
12.56%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- DVN
- 12.56%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
APA (APA) at 23.49% retains a top-quartile share of revenue as profit, ahead of Devon Energy (DVN) at 16.29%, which keeps about the industry-typical share.
APA
Energy industry group
23.49%
- Max
- 56.92%
- APA
- 23.49%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
DVN
Energy industry group
16.29%
- Max
- 56.92%
- Q3
- 22.92%
- DVN
- 16.29%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
APA (APA) at 44.25% operates in the top operating margin quartile, ahead of Devon Energy (DVN) at 19.84%, which runs around its industry’s norm.
APA
Energy industry group
44.25%
- Max
- 71.31%
- APA
- 44.25%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
DVN
Energy industry group
19.84%
- Max
- 71.31%
- Q3
- 33.75%
- DVN
- 19.84%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | APA | DVN |
|---|---|---|
| ROE (TTM) | 33.32% | 12.56% |
| ROA (TTM) | 14.06% | 6.52% |
| Net Margin (TTM) | 23.49% | 16.29% |
| Operating Margin (TTM) | 44.25% | 19.84% |
| Gross Margin (TTM) | 78.98% | 53.48% |
Growth
Revenue Growth
Devon Energy (DVN) at 7.83% is around its peer norm for revenue growth, while APA (APA) at -8.39% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
APA (APA) at 75.77% sits in the top EPS growth quartile, while Devon Energy (DVN) at -8.55% is closer to the peer norm — faster per-share earnings growth for APA.
Growth Metrics
| Metric | APA | DVN |
|---|---|---|
| Revenue Growth (YoY) | -8.39% | 7.83% |
| Revenue Growth (3Y CAGR) | -6.96% | -3.57% |
| EPS Growth (YoY) | 75.77% | -8.55% |
| EPS Growth (3Y CAGR) | -28.73% | -22.96% |
Financial Strength
Current Ratio (MRQ)
Both APA (APA) at 0.85 and Devon Energy (DVN) at 0.70 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
APA
Energy industry group
0.85
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- APA
- 0.85
- Min
- 0.24
DVN
Energy industry group
0.70
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- DVN
- 0.70
- Min
- 0.24
Debt / Equity (MRQ)
Devon Energy (DVN) at 0.26 keeps leverage in the lower industry quartile, while APA (APA) at 0.42 runs a more typical debt-to-equity mix.
APA
Energy industry group
0.42
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- APA
- 0.42
- Q1
- 0.30
- Min
- 0.00
DVN
Energy industry group
0.26
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- DVN
- 0.26
- Min
- 0.00
Financial Strength Metrics
| Metric | APA | DVN |
|---|---|---|
| Current Ratio (MRQ) | 0.85 | 0.70 |
| Debt / Equity (MRQ) | 0.42 | 0.26 |
| Net Debt / EBITDA | 0.53 | 1.05 |
Dividends
Dividend Yield (TTM)
Both APA (APA) at 2.30% and Devon Energy (DVN) at 2.61% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
APA
Energy industry group
2.30%
- Max
- 8.57%
- Q3
- 3.58%
- APA
- 2.30%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
DVN
Energy industry group
2.61%
- Max
- 8.57%
- Q3
- 3.58%
- DVN
- 2.61%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both APA (APA) at 16.26% and Devon Energy (DVN) at 26.29% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
APA
Energy industry group
16.26%
- Max
- 133.24%
- Q3
- 53.31%
- Median
- 25.24%
- APA
- 16.26%
- Q1
- 0.00%
- Min
- 0.00%
DVN
Energy industry group
26.29%
- Max
- 133.24%
- Q3
- 53.31%
- DVN
- 26.29%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | APA | DVN |
|---|---|---|
| Dividend Yield (TTM) | 2.30% | 2.61% |
| Dividend Payout Ratio (TTM) | 16.26% | 26.29% |
Valuation
P/E Ratio (TTM)
APA (APA) at 7.26 sits in the cheaper P/E ratio quartile, while Devon Energy (DVN) at 9.91 is closer to its industry’s usual earnings multiple — a discount for APA, though growth and earnings durability still matter.
APA
Energy industry group
7.26
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- APA
- 7.26
- Min
- 2.99
DVN
Energy industry group
9.91
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- DVN
- 9.91
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
On P/S ratio, both APA (APA) at 1.62 and Devon Energy (DVN) at 2.18 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
APA
Energy industry group
1.62
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- APA
- 1.62
- Q1
- 0.88
- Min
- 0.00
DVN
Energy industry group
2.18
- Max
- 5.40
- Q3
- 2.85
- DVN
- 2.18
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both APA (APA) at 2.11 and Devon Energy (DVN) at 1.15 are valued close to their industries’ norm against book — neither stands out from peers.
APA
Energy industry group
2.11
- Max
- 4.21
- Q3
- 2.38
- APA
- 2.11
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
DVN
Energy industry group
1.15
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- DVN
- 1.15
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | APA | DVN |
|---|---|---|
| P/E Ratio (TTM) | 7.26 | 9.91 |
| P/S Ratio (TTM) | 1.62 | 2.18 |
| P/B Ratio (MRQ) | 2.11 | 1.15 |
| Free Cash Flow Yield (TTM) | 14.08% | 3.11% |