DVN vs HAL
Devon Energy Corp. and Halliburton Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DVN | HAL |
|---|---|---|
| Revenue | $17.2B | $22.2B |
| Net income | $2.6B | $1.3B |
| Gross margin | · | · |
| Net margin | 15.6% | 5.8% |
| Return on equity | 17.6% | 12.2% |
| Diluted EPS | $4.17 | · |
| Dividend / share | · | · |
| Payout ratio | · | 45.1% |
| Free cash flow | $3.1B | $1.7B |
| Equity | $15.5B | $10.5B |
| Net debt / equity | 0.45× | 0.47× |
| Current ratio | 0.98× | 2.04× |
| Revenue CAGR 5y | 28.9% | 9.0% |
| Profit CAGR 5y | · | · |
HAL bills 1.3× the revenue of DVN, and DVN keeps more of each dollar of revenue as profit (15.6% against 5.8%).
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 | HAL |
|---|---|---|
| FY2025 | $17.2B | $22.2B |
| FY2024 | $15.9B | $22.9B |
| FY2023 | $15.3B | $23.0B |
| FY2022 | $19.8B | $20.3B |
| FY2021 | $13.8B | $15.3B |
| FY2020 | $4.8B | $14.4B |
| FY2019 | $6.7B | $22.4B |
| FY2018 | $8.9B | $24.0B |
| FY2017 | $6.5B | $20.6B |
| FY2016 | $6.8B | $15.9B |
Bottom line
| Fiscal year | DVN | HAL |
|---|---|---|
| FY2025 | $2.6B | $1.3B |
| FY2024 | $2.9B | $2.5B |
| FY2023 | $3.7B | $2.6B |
| FY2022 | $6.0B | $1.6B |
| FY2021 | $2.8B | $1.5B |
| FY2020 | $-2.7B | $-2.9B |
| FY2019 | $-355.0M | $-1.1B |
| FY2018 | $3.1B | $1.7B |
| FY2017 | $898.0M | $-463.0M |
| FY2016 | $-1.1B | $-5.8B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$4,996,000,000 | HAL |
| FY2024 | −$7,004,000,000 | HAL |
| FY2023 | −$7,760,000,000 | HAL |
| FY2022 | −$470,000,000 | HAL |
| FY2021 | −$1,545,000,000 | HAL |
| FY2020 | −$9,617,000,000 | HAL |
| FY2019 | −$15,734,000,000 | HAL |
| FY2018 | −$15,099,000,000 | HAL |
| FY2017 | −$14,119,000,000 | HAL |
| FY2016 | −$9,134,000,000 | HAL |
| FY2015 | −$10,488,000,000 | HAL |
| FY2014 | −$12,232,000,000 | HAL |
| FY2013 | −$19,005,000,000 | HAL |
| FY2012 | −$19,002,000,000 | HAL |
| FY2011 | −$13,384,000,000 | HAL |
| FY2010 | −$8,033,000,000 | HAL |
| FY2009 | −$6,660,000,000 | HAL |
| FY2008 | −$4,421,000,000 | HAL |
| FY2007 | −$5,289,000,000 | HAL |
HAL has reported the higher revenue in every one of these 19 fiscal years. 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 | +9.8 pp | DVN |
| FY2024 | +7.5 pp | DVN |
| FY2023 | +13.2 pp | DVN |
| FY2022 | +22.6 pp | DVN |
| FY2021 | +11.0 pp | DVN |
| FY2020 | −35.0 pp | HAL |
| FY2019 | −0.3 pp | HAL |
| FY2018 | +29.3 pp | DVN |
| FY2017 | +18.9 pp | DVN |
| FY2016 | +14.7 pp | DVN |
| FY2015 | −101.0 pp | HAL |
| FY2014 | −2.5 pp | HAL |
| FY2013 | −7.5 pp | HAL |
| FY2012 | −11.4 pp | HAL |
| FY2011 | +29.6 pp | DVN |
| FY2010 | +35.5 pp | DVN |
| FY2009 | −38.8 pp | HAL |
| FY2008 | −27.6 pp | HAL |
| FY2007 | +13.0 pp | DVN |
The higher net margin has changed hands between DVN and HAL 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 HAL's over the 19 comparable fiscal years — 36.0 percentage points of standard deviation against 12.9.
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 HAL over these 19 fiscal years — DVN led in 11 and HAL in 8.
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 HAL's over the 19 comparable fiscal years — 34.2 percentage points of standard deviation against 23.9.
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 HAL over these 19 fiscal years — DVN led in 9 and HAL in 10.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.