DVN vs SHEL
Devon Energy Corp. and Shell PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | DVN | SHEL |
|---|---|---|
| Revenue | $17.2B | $266.9B |
| Net income | $2.6B | $17.8B |
| Gross margin | · | · |
| Net margin | 15.6% | 6.8% |
| Return on equity | 17.6% | 10.1% |
| Diluted EPS | $4.17 | $3.00 |
| Dividend / share | · | $1.43 |
| Payout ratio | · | 47.5% |
| Free cash flow | $3.1B | · |
| Equity | $15.5B | $174.4B |
| Net debt / equity | 0.45× | 0.26× |
| Current ratio | 0.98× | 1.30× |
| Revenue CAGR 5y | 28.9% | 8.1% |
| Profit CAGR 5y | · | · |
SHEL bills 15.5× the revenue of DVN, and DVN keeps more of each dollar of revenue as profit (15.6% against 6.8%).
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 | SHEL |
|---|---|---|
| FY2025 | $17.2B | $266.9B |
| FY2024 | $15.9B | $284.3B |
| FY2023 | $15.3B | $316.6B |
| FY2022 | $19.8B | $381.3B |
| FY2021 | $13.8B | $261.5B |
| FY2020 | $4.8B | $180.5B |
| FY2019 | $6.7B | $344.9B |
| FY2018 | $8.9B | $388.4B |
| FY2017 | $6.5B | $305.2B |
| FY2016 | $6.8B | $233.6B |
Bottom line
| Fiscal year | DVN | SHEL |
|---|---|---|
| FY2025 | $2.6B | $17.8B |
| FY2024 | $2.9B | $16.1B |
| FY2023 | $3.7B | $19.4B |
| FY2022 | $6.0B | $42.3B |
| FY2021 | $2.8B | $20.1B |
| FY2020 | $-2.7B | $-21.7B |
| FY2019 | $-355.0M | $15.8B |
| FY2018 | $3.1B | $23.4B |
| FY2017 | $898.0M | $13.0B |
| FY2016 | $-1.1B | $4.6B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$249,698,000,000 | SHEL |
| FY2024 | −$268,372,000,000 | SHEL |
| FY2023 | −$301,362,000,000 | SHEL |
| FY2022 | −$361,487,000,000 | SHEL |
| FY2021 | −$247,754,000,000 | SHEL |
| FY2020 | −$175,715,000,000 | SHEL |
| FY2019 | −$338,203,000,000 | SHEL |
| FY2018 | −$379,483,000,000 | SHEL |
| FY2017 | −$298,678,000,000 | SHEL |
| FY2016 | −$226,838,000,000 | SHEL |
| FY2015 | −$251,815,000,000 | SHEL |
SHEL has reported the higher revenue in every one of these 11 fiscal years. The gap has narrowed since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.8 pp | DVN |
| FY2024 | +12.6 pp | DVN |
| FY2023 | +18.6 pp | DVN |
| FY2022 | +19.2 pp | DVN |
| FY2021 | +12.7 pp | DVN |
| FY2020 | −43.4 pp | SHEL |
| FY2019 | −10.1 pp | SHEL |
| FY2018 | +30.1 pp | DVN |
| FY2017 | +12.2 pp | DVN |
| FY2016 | −23.6 pp | SHEL |
| FY2015 | −104.6 pp | SHEL |
The higher net margin has changed hands between DVN and SHEL over this period.
11 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 SHEL's over the 11 comparable fiscal years — 40.9 percentage points of standard deviation against 5.7.
11 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 SHEL over these 11 fiscal years — DVN led in 7 and SHEL in 4.
11 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 SHEL's over the 11 comparable fiscal years — 43.3 percentage points of standard deviation against 8.4.
11 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 SHEL over these 11 fiscal years — DVN led in 7 and SHEL in 4.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.