DVN vs EXC vs NEE Stock Comparison

Devon Energy, Exelon and Nextera Energy Prices as of Oct 26, 2026 Peers: Industry group
DVN Devon Energy Corp/De
$51.63 +9.7% 1M +56.6% 1Y
Market cap
$47.97B
P/E
14.6x
Revenue (TTM)
$20.38B
Div. yield
0.02%
Oil and Gas Exploration and Production Energy
6 wins
EXC Exelon Corp
$44.54 +10.4% 1M -7.3% 1Y
Market cap
$45.81B
P/E
16.5x
Revenue (TTM)
$25.33B
Div. yield
0.04%
Regulated Electric Utilities Utilities
4 wins
NEE Nextera Energy Inc
$82.02 +7.8% 1M -2.8% 1Y
Market cap
$172.22B
P/E
14.8x
Revenue (TTM)
$28.83B
Div. yield
–
Regulated Electric Utilities Utilities
2 wins

Head to Head

12 decided of 12

Devon Energy leads on 6 of the 12 questions below (Devon Energy 6, Exelon 4, Nextera Energy 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDVNEXCNEELeader
Larger companyMarket capitalisation $47.97B $45.81B $172.22B NEE
Cheaper on earningsLower P/E, profitable companies only 14.6x 16.5x 14.8x DVN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.1x 14.8x 21.1x DVN
Faster revenue growthRevenue growth, trailing twelve months +18.1% +6.6% +9.6% DVN
More profitableNet margin, trailing twelve months 16.1% 11.0% 40.4% NEE
Better return on capitalReturn on invested capital -3.5% 5.4% 4.7% EXC
Less leveragedLower net debt / EBITDA 4.1x 5.6x 7.0x DVN
Higher dividend yieldTrailing dividend yield 0.02% 0.04% 0.00% EXC
Better 1-year returnPrice return, last 12 months +56.6% -7.3% -2.8% DVN
Better 5-year returnAnnualised price return, 5 years +5.4%/yr +3.7%/yr -0.7%/yr DVN
Less volatileAnnualised volatility, 1 year 34.1% 20.1% 21.1% EXC
Higher overall scoreMean of the five percentile scores vs peers 48/100 63/100 61/100 EXC

Percentile Scorecard

DVNEXCNEE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisDVNEXCNEE
Valuation 39 #61 of 99 82 #13 of 67 26 #50 of 67
Growth 70 #30 of 97 80 #14 of 65 92 #6 of 65
Profitability 46 #52 of 96 43 #37 of 64 89 #8 of 64
Financial Health 37 #65 of 102 43 #37 of 64 48 #34 of 64
Shareholder Returns 48 #40 of 76 68 #22 of 67 52 #33 of 67
Overall 48 63 61
  • DVN ranked among 103 companies in Oil and Gas Upstream
  • EXC ranked among 67 companies in Regulated Utilities
  • NEE ranked among 67 companies in Regulated Utilities

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodDVNEXCNEESPY
1 month +9.7%+10.4%+7.8% -0.8%
3 months +19.6%-5.5%-7.7% +3.5%
6 months +7.1%-4.4%-13.5% +7.0%
Year to date +41.0%+2.2%+2.2% +12.2%
1 year +56.6%-7.3%-2.8% +13.0%
3 years +10.4%+15.9%+45.8% +86.3%
3 years, per year +3.4%+5.0%+13.4% +23.1%
5 years +30.3%+20.1%-3.5% +68.6%
5 years, per year +5.4%+3.7%-0.7% +11.0%
10 years +28.4%+87.8%+160.0% +258.0%
10 years, per year +2.5%+6.5%+10.0% +13.6%

Risk

MeasureDVNEXCNEESPY
Volatility, 1Y 34.1%20.1%21.1% 12.7%
Downside volatility, 1Y 33.3%20.2%22.2% 12.7%
Beta vs S&P 500, 1Y -0.73-0.270.10 1.00
Return / volatility, 1Y 1.66-0.36-0.13 1.02
Max drawdown, 5Y -65.7%-33.1%-47.2% -25.4%
From 52-week high -0.8%-11.4%-16.2% -1.8%
52-week high $52.07$50.29$97.88 $779.14
52-week low $32.01$40.20$75.50 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleDVNEXCNEE
P/E now vs peer median 14.7xmedian 13.5x 16.4xmedian 20.8x 14.7xmedian 20.8x
P/S now vs peer median 2.8xmedian 2.1x 1.8xmedian 2.9x 6.0xmedian 2.9x
EV/EBITDA now vs peer median 24.8xmedian 5.9x 10.7xmedian 13.1x 18.4xmedian 13.1x
P/FCF now vs peer median 38.5xmedian 11.0x -24.0xmedian 36.7x 36.8xmedian 36.7x
P/B now vs peer median 1.4xmedian 1.5x 1.5xmedian 1.7x 2.4xmedian 1.7x
PEG now vs peer median -0.66median 2.27 1.96median 2.23 1.05median 2.23

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsDVNEXCNEE
Revenue $20.38B $25.33B $28.83B
Gross profit $14.11B – –
Operating income -$1.35B $5.27B $8.66B
Net income $3.29B $2.78B $11.64B
Free cash flow $1.48B -$1.92B $4.67B
R&D $54.00M – –
EPS (diluted) $3.49 $2.71 $5.55
Cash & equivalents – $1.81B $5.58B
Total debt $11.39B $201.12B $413.84B
Shares (diluted) 940.00M 1.03B 2.10B
Enterprise value $47.97B $41.12B $158.97B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricDVNEXCNEE
P/E 14.7x 16.4x 14.7x
P/FCF 38.5x -24.0x 36.8x
P/Operating cash flow 6.6x 6.4x 11.6x
P/S 2.8x 1.8x 6.0x
P/B 1.4x 1.5x 2.4x
P/Tangible book 1.4x 1.5x 2.4x
EV/EBITDA 24.8x 10.7x 18.4x
EV/EBIT -50.4x 18.3x 32.0x
EV/Revenue 3.3x 3.8x 9.6x
EV/FCF 46.2x -50.3x 59.2x
EV/Operating cash flow 8.0x 13.4x 18.7x
PEG (3Y EPS CAGR) -0.66 1.96 1.05

Growth

14 metrics
MetricDVNEXCNEE
Revenue growth (1Y) 18.1% 6.6% 9.6%
Revenue CAGR (3Y) 5.9% 8.4% 1.7%
Gross profit growth (1Y) 18.4% – –
Gross profit CAGR (3Y) 4.9% – –
Operating income growth (1Y) 11.9% 10.8% 13.4%
Operating income CAGR (3Y) -44.2% 14.3% -3.5%
Net income growth (1Y) 13.2% 4.9% 79.0%
Net income CAGR (3Y) -11.9% 9.5% 15.1%
EPS growth (1Y) -22.0% 3.3% 76.7%
EPS CAGR (3Y) -22.4% 8.4% 14.0%
Operating cash flow growth (1Y) 25.5% 23.8% 23.8%
Operating cash flow CAGR (3Y) 6.4% 28.6% 16.3%
Free cash flow growth (1Y) 337.8% -8.6% 30.9%
Free cash flow CAGR (3Y) 11.7% 21.3% 124.1%

Profitability

14 metrics
MetricDVNEXCNEE
Gross margin 69.3% – –
EBITDA margin 13.5% 35.6% 52.2%
Operating margin -6.6% 20.8% 30.0%
Pretax margin -8.8% 13.3% 35.0%
Net margin 16.1% 11.0% 40.4%
FCF margin 7.2% -7.6% 16.2%
Operating cash flow margin 42.0% 28.5% 51.4%
Return on equity 11.5% 9.4% 13.9%
Return on assets 6.4% 2.3% 4.1%
Return on invested capital -3.5% 5.4% 4.7%
Return on capital employed -3.0% 4.8% 4.2%
Asset turnover 0.4x 0.2x 0.1x
Cash conversion (OCF / net income) 2.6x 2.6x 1.3x
Stock comp / revenue 0.7% – –

Financial Health

11 metrics
MetricDVNEXCNEE
Debt / assets 16.1% 43.4% 45.0%
Debt / equity 0.3x 1.8x 1.5x
Net debt / EBITDA 4.1x 5.6x 7.0x
Debt / FCF 7.7x -27.3x 23.6x
Liabilities / assets 41.1% 75.4% 70.3%
Equity / assets 58.9% 24.6% 29.7%
Interest coverage -2.7x – 2,164x
Current ratio 0.7x 1.1x 0.5x
Quick ratio – 0.7x 0.3x
Cash ratio – 0.2x 0.2x
Altman Z-score 1.59 0.76 0.99

Shareholder Returns

7 metrics
MetricDVNEXCNEE
Dividend yield 2.2% 3.7% 3.0%
Net buyback yield 1.3% – -0.6%
Shareholder yield 3.5% 3.7% 2.4%
Payout ratio (earnings) 25.0% 59.9% –
Payout ratio (FCF) 55.6% -87.1% –
Dividend growth (1Y) 11.9% 6.2% –
Dividend CAGR (3Y) -34.6% 6.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusDVNEXCNEE
Forward P/E 9.1xFY2026 14.8xFY2026 21.1xFY2026
EPS, next fiscal year $5.69FY2026 $3.01FY2026 $3.89FY2026
EPS growth, next FY +45.2%FY2026 +8.7%FY2026 +4.9%FY2026
EPS growth, the year after -5.1% +7.0% +18.5%
Revenue, next fiscal year $24.57BFY2026 $26.87BFY2026 $32.08BFY2026
Revenue growth, next FY +42.9%FY2026 +10.7%FY2026 +17.0%FY2026
Revenue growth, the year after +2.6% -8.8% +9.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDVNEXCNEE
Held by institutions 92.2% 92.0% 84.3%
Institutions holding 1,458 1,282 3,019
Change in shares held, QoQ +86.7% +5.8% +2.3%
Institutions buying 1,138 699 1,588
Institutions selling 231 372 1,054
Buyers to sellers 4.93 1.88 1.51

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

DVNEXCNEE
DVN 1.00 -0.01 0.08
EXC -0.01 1.00 0.46
NEE 0.08 0.46 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DVN, EXC and NEE?

Nextera Energy (NEE) is the largest by market capitalisation: Devon Energy (DVN) $47.97B, Exelon (EXC) $45.81B, Nextera Energy (NEE) $172.22B.

Which stock is cheaper, DVN, EXC and NEE?

Devon Energy (DVN) trades on the lowest price-to-earnings ratio (Devon Energy (DVN) 14.6x, Exelon (EXC) 16.5x, Nextera Energy (NEE) 14.8x). On next year's consensus earnings, Devon Energy (DVN) is cheapest (Devon Energy (DVN) 9.1x, Exelon (EXC) 14.8x, Nextera Energy (NEE) 21.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Devon Energy (DVN) grew revenue fastest over the trailing twelve months: Devon Energy (DVN) +18.1%, Exelon (EXC) +6.6%, Nextera Energy (NEE) +9.6%.

Which company is more profitable?

Nextera Energy (NEE) has the highest net margin (Devon Energy (DVN) 16.1%, Exelon (EXC) 11.0%, Nextera Energy (NEE) 40.4%). On return on invested capital, Exelon (EXC) leads (Devon Energy (DVN) -3.5%, Exelon (EXC) 5.4%, Nextera Energy (NEE) 4.7%).

Which stock has performed better?

Over the past year Devon Energy (DVN) returned the most: Devon Energy (DVN) +56.6%, Exelon (EXC) -7.3%, Nextera Energy (NEE) -2.8%. Over five years, Devon Energy (DVN) compounded fastest (Devon Energy (DVN) +5.4%/yr, Exelon (EXC) +3.7%/yr, Nextera Energy (NEE) -0.7%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Exelon (EXC) has the highest dividend yield: Devon Energy (DVN) 0.02%, Exelon (EXC) 0.04%, Nextera Energy (NEE) 0.00%. Nextera Energy (NEE) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Exelon (EXC) has been the steadiest (Devon Energy (DVN) 34.1%, Exelon (EXC) 20.1%, Nextera Energy (NEE) 21.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, DVN, EXC and NEE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Devon Energy (DVN) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.