DVN vs EOG
Devon Energy Corp. and EOG Resources Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DVN | EOG |
|---|---|---|
| Revenue | $17.2B | $22.6B |
| Net income | $2.6B | $5.0B |
| Gross margin | · | · |
| Net margin | 15.6% | 22.0% |
| Return on equity | 17.6% | 16.8% |
| Diluted EPS | $4.17 | $9.12 |
| Dividend / share | · | $3.99 |
| Payout ratio | · | · |
| Free cash flow | $3.1B | $9.8B |
| Equity | $15.5B | $29.8B |
| Net debt / equity | 0.45× | 0.15× |
| Current ratio | 0.98× | 1.63× |
| Revenue CAGR 5y | 28.9% | 15.5% |
| Profit CAGR 5y | · | · |
EOG bills 1.3× the revenue of DVN, and keeps more of each dollar of revenue as profit (22.0% against 15.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | DVN | EOG |
|---|---|---|
| FY2025 | $17.2B | $22.6B |
| FY2024 | $15.9B | $23.7B |
| FY2023 | $15.3B | $24.2B |
| FY2022 | $19.8B | $25.7B |
| FY2021 | $13.8B | $18.6B |
| FY2020 | $4.8B | $11.0B |
| FY2019 | $6.7B | $17.4B |
| FY2018 | $8.9B | $17.3B |
| FY2017 | $6.5B | $11.2B |
| FY2016 | $6.8B | $7.7B |
Bottom line
| Fiscal year | DVN | EOG |
|---|---|---|
| FY2025 | $2.6B | $5.0B |
| FY2024 | $2.9B | $6.4B |
| FY2023 | $3.7B | $7.6B |
| FY2022 | $6.0B | $7.8B |
| FY2021 | $2.8B | $4.7B |
| FY2020 | $-2.7B | $-605.0M |
| FY2019 | $-355.0M | $2.7B |
| FY2018 | $3.1B | $3.4B |
| FY2017 | $898.0M | $2.6B |
| FY2016 | $-1.1B | $-1.1B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$5,444,000,000 | EOG |
| FY2024 | −$7,758,000,000 | EOG |
| FY2023 | −$8,928,000,000 | EOG |
| FY2022 | −$5,875,000,000 | EOG |
| FY2021 | −$4,892,000,000 | EOG |
| FY2020 | −$6,204,000,000 | EOG |
| FY2019 | −$10,706,000,000 | EOG |
| FY2018 | −$8,379,399,000 | EOG |
| FY2017 | −$4,707,320,000 | EOG |
| FY2016 | −$897,632,000 | EOG |
| FY2015 | +$4,387,572,000 | DVN |
| FY2014 | +$2,602,660,000 | DVN |
| FY2013 | −$4,090,118,000 | EOG |
| FY2012 | −$2,181,636,000 | EOG |
| FY2011 | +$1,318,885,000 | DVN |
| FY2010 | +$3,840,104,000 | DVN |
| FY2009 | +$3,228,041,000 | DVN |
| FY2008 | +$6,730,857,000 | DVN |
| FY2007 | +$5,735,697,000 | DVN |
The higher-revenue side has changed between DVN and EOG over this period. The gap has narrowed since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −6.4 pp | EOG |
| FY2024 | −8.6 pp | EOG |
| FY2023 | −6.6 pp | EOG |
| FY2022 | +0.3 pp | DVN |
| FY2021 | −4.4 pp | EOG |
| FY2020 | −49.8 pp | EOG |
| FY2019 | −21.0 pp | EOG |
| FY2018 | +16.4 pp | DVN |
| FY2017 | −6.5 pp | EOG |
| FY2016 | −7.3 pp | EOG |
| FY2015 | −52.1 pp | EOG |
| FY2014 | −8.0 pp | EOG |
| FY2013 | −15.4 pp | EOG |
| FY2012 | −7.0 pp | EOG |
| FY2011 | +30.3 pp | DVN |
| FY2010 | +43.1 pp | DVN |
| FY2009 | −42.3 pp | EOG |
| FY2008 | −49.7 pp | EOG |
| FY2007 | +10.4 pp | DVN |
The higher net margin has changed hands between DVN and EOG over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DVN's net margin has been more volatile than EOG's over the 19 comparable fiscal years — 36.0 percentage points of standard deviation against 19.6.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between DVN and EOG over these 19 fiscal years — DVN led in 5 and EOG in 14.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
DVN's return on equity has been more volatile than EOG's over the 19 comparable fiscal years — 34.2 percentage points of standard deviation against 14.5.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between DVN and EOG over these 19 fiscal years — DVN led in 8 and EOG in 11.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.