DVN vs. WDS: Devon Energy vs. Woodside Energy Stock Comparison
How do Devon Energy (DVN) and Woodside Energy (WDS) 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
Devon Energy (DVN) and Woodside Energy (WDS) 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.
Devon Energy (DVN) trades as ordinary local shares, while Woodside Energy (WDS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | DVN | WDS |
|---|---|---|
| Name | Devon Energy Corporation | Woodside Energy Group Ltd ADR |
| Country/Region | United States | Australia |
| 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 | 48.11 billion USD | 40.00 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 22, 1985 | November 18, 1996 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DVN | WDS |
|---|---|---|
| Total Return (1Y) | 28.98% | 30.30% |
| Total Return (3Y, Annualized) | 1.94% | 5.67% |
| Total Return (5Y, Annualized) | 4.07% | 11.65% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Devon Energy (DVN) is heavily traded at around 10.82M shares per day, whereas Woodside Energy (WDS) sees a more moderate 570.04K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | DVN | WDS |
|---|---|---|
| Volatility (1Y, Annualized) | 35.86% | 33.53% |
| Beta (5Y) | 0.51 | 0.38 |
| Max Drawdown (5Y) | -60.83% | -48.77% |
| Avg. Volume (3M) | 10.82M | 570.04K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DVN | WDS |
|---|---|---|
| Sharpe Ratio (1Y) | 0.69 | 0.78 |
| Sortino Ratio (1Y) | 0.99 | 1.11 |
Profitability
ROE (TTM)
Both Devon Energy (DVN) at 12.56% and Woodside Energy (WDS) at 7.68% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
DVN
Energy industry group
12.56%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- DVN
- 12.56%
- Q1
- 2.03%
- Min
- -29.09%
WDS
Energy industry group
7.68%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- WDS
- 7.68%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Devon Energy (DVN) at 16.29% and Woodside Energy (WDS) at 22.21% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
DVN
Energy industry group
16.29%
- Max
- 56.92%
- Q3
- 22.92%
- DVN
- 16.29%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
WDS
Energy industry group
22.21%
- Max
- 56.92%
- Q3
- 22.92%
- WDS
- 22.21%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Devon Energy (DVN) at 19.84% and Woodside Energy (WDS) at 23.91% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
DVN
Energy industry group
19.84%
- Max
- 71.31%
- Q3
- 33.75%
- DVN
- 19.84%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
WDS
Energy industry group
23.91%
- Max
- 71.31%
- Q3
- 33.75%
- WDS
- 23.91%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | DVN | WDS |
|---|---|---|
| ROE (TTM) | 12.56% | 7.68% |
| ROA (TTM) | 6.52% | 2.83% |
| Net Margin (TTM) | 16.29% | 22.21% |
| Operating Margin (TTM) | 19.84% | 23.91% |
| Gross Margin (TTM) | 53.48% | 34.92% |
Growth
Revenue Growth
Both Devon Energy (DVN) at 7.83% and Woodside Energy (WDS) at -1.48% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Devon Energy (DVN) at -8.55% and Woodside Energy (WDS) at -24.02% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | DVN | WDS |
|---|---|---|
| Revenue Growth (YoY) | 7.83% | -1.48% |
| Revenue Growth (3Y CAGR) | -3.57% | -8.26% |
| EPS Growth (YoY) | -8.55% | -24.02% |
| EPS Growth (3Y CAGR) | -22.96% | -30.68% |
Financial Strength
Current Ratio (MRQ)
Woodside Energy (WDS) at 1.39 keeps current ratio within its industry’s typical mid-range, while Devon Energy (DVN) at 0.70 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for DVN.
DVN
Energy industry group
0.70
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- DVN
- 0.70
- Min
- 0.24
WDS
Energy industry group
1.39
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- WDS
- 1.39
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Devon Energy (DVN) at 0.26 keeps leverage in the lower industry quartile, while Woodside Energy (WDS) at 0.33 runs a more typical debt-to-equity mix.
DVN
Energy industry group
0.26
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- DVN
- 0.26
- Min
- 0.00
WDS
Energy industry group
0.33
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- WDS
- 0.33
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | DVN | WDS |
|---|---|---|
| Current Ratio (MRQ) | 0.70 | 1.39 |
| Debt / Equity (MRQ) | 0.26 | 0.33 |
| Net Debt / EBITDA | 1.05 | 1.15 |
Dividends
Dividend Yield (TTM)
Woodside Energy (WDS) at 5.41% delivers top-quartile income for its industry, while Devon Energy (DVN) at 2.61% pays a more typical yield — both are credible income propositions, WDS the richer one.
DVN
Energy industry group
2.61%
- Max
- 8.57%
- Q3
- 3.58%
- DVN
- 2.61%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
WDS
Energy industry group
5.41%
- Max
- 8.57%
- WDS
- 5.41%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Devon Energy (DVN) at 26.29% pays out a band-typical share of earnings, while Woodside Energy (WDS) at 69.78% distributes more than its industry norm — less retained, thinner cover.
DVN
Energy industry group
26.29%
- Max
- 133.24%
- Q3
- 53.31%
- DVN
- 26.29%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
WDS
Energy industry group
69.78%
- Max
- 133.24%
- WDS
- 69.78%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DVN | WDS |
|---|---|---|
| Dividend Yield (TTM) | 2.61% | 5.41% |
| Dividend Payout Ratio (TTM) | 26.29% | 69.78% |
Valuation
P/E Ratio (TTM)
Both Devon Energy (DVN) at 9.91 and Woodside Energy (WDS) at 13.15 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
DVN
Energy industry group
9.91
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- DVN
- 9.91
- Q1
- 7.71
- Min
- 2.99
WDS
Energy industry group
13.15
- Max
- 39.54
- Q3
- 21.72
- WDS
- 13.15
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Devon Energy (DVN) at 2.18 is priced about in line with its industry on P/S ratio, while Woodside Energy (WDS) at 2.89 sits in the pricier quartile — WDS costs more per dollar of sales.
DVN
Energy industry group
2.18
- Max
- 5.40
- Q3
- 2.85
- DVN
- 2.18
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
WDS
Energy industry group
2.89
- Max
- 5.40
- WDS
- 2.89
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Devon Energy (DVN) at 1.15 and Woodside Energy (WDS) at 1.11 are valued close to their industries’ norm against book — neither stands out from peers.
DVN
Energy industry group
1.15
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- DVN
- 1.15
- Q1
- 1.08
- Min
- 0.01
WDS
Energy industry group
1.11
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- WDS
- 1.11
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | DVN | WDS |
|---|---|---|
| P/E Ratio (TTM) | 9.91 | 13.15 |
| P/S Ratio (TTM) | 2.18 | 2.89 |
| P/B Ratio (MRQ) | 1.15 | 1.11 |
| Free Cash Flow Yield (TTM) | 3.11% | 1.41% |