DVN vs NEE vs XEL Stock Comparison

Devon Energy, Nextera Energy and Xcel 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
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
4 wins
XEL Xcel Energy Inc
$77.86 +11.5% 1M -3.1% 1Y
Market cap
$48.83B
P/E
21.9x
Revenue (TTM)
$14.62B
Div. yield
–
Regulated Electric Utilities Utilities
1 win

Head to Head

11 decided of 12

Devon Energy leads on 6 of the 12 questions below (Devon Energy 6, Nextera Energy 4, Xcel Energy 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionDVNNEEXELLeader
Larger companyMarket capitalisation $47.97B $172.22B $48.83B NEE
Cheaper on earningsLower P/E, profitable companies only 14.6x 14.8x 21.9x DVN
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.1x 21.1x 18.1x DVN
Faster revenue growthRevenue growth, trailing twelve months +18.1% +9.6% +4.7% DVN
More profitableNet margin, trailing twelve months 16.1% 40.4% 15.3% NEE
Better return on capitalReturn on invested capital -3.5% 4.7% 4.5% NEE
Less leveragedLower net debt / EBITDA 4.1x 7.0x 6.4x DVN
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +56.6% -2.8% -3.1% DVN
Better 5-year returnAnnualised price return, 5 years +5.4%/yr -0.7%/yr +4.2%/yr DVN
Less volatileAnnualised volatility, 1 year 34.1% 21.1% 19.2% XEL
Higher overall scoreMean of the five percentile scores vs peers 48/100 61/100 16/100 NEE

Percentile Scorecard

DVNNEEXEL

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

AxisDVNNEEXEL
Valuation 39 #61 of 99 26 #50 of 67 5 #64 of 67
Growth 70 #30 of 97 92 #6 of 65 16 #55 of 65
Profitability 46 #52 of 96 89 #8 of 64 29 #46 of 64
Financial Health 37 #65 of 102 48 #34 of 64 32 #44 of 64
Shareholder Returns 48 #40 of 76 52 #33 of 67 0 #67 of 67
Overall 48 61 16
  • DVN ranked among 103 companies in Oil and Gas Upstream
  • NEE ranked among 67 companies in Regulated Utilities
  • XEL ranked among 67 companies in Regulated Utilities

Price Performance

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

Returns

PeriodDVNNEEXELSPY
1 month +9.7%+7.8%+11.5% -0.8%
3 months +19.6%-7.7%-3.5% +3.5%
6 months +7.1%-13.5%-2.0% +7.0%
Year to date +41.0%+2.2%+5.4% +12.2%
1 year +56.6%-2.8%-3.1% +13.0%
3 years +10.4%+45.8%+33.5% +86.3%
3 years, per year +3.4%+13.4%+10.1% +23.1%
5 years +30.3%-3.5%+22.8% +68.6%
5 years, per year +5.4%-0.7%+4.2% +11.0%
10 years +28.4%+160.0%+91.8% +258.0%
10 years, per year +2.5%+10.0%+6.7% +13.6%

Risk

MeasureDVNNEEXELSPY
Volatility, 1Y 34.1%21.1%19.2% 12.7%
Downside volatility, 1Y 33.3%22.2%19.4% 12.7%
Beta vs S&P 500, 1Y -0.730.10-0.02 1.00
Return / volatility, 1Y 1.66-0.13-0.16 1.02
Max drawdown, 5Y -65.7%-47.2%-37.4% -25.4%
From 52-week high -0.8%-16.2%-7.2% -1.8%
52-week high $52.07$97.88$83.91 $779.14
52-week low $32.01$75.50$69.39 $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.

MultipleDVNNEEXEL
P/E now vs peer median 14.7xmedian 13.5x 14.7xmedian 20.8x 21.8xmedian 20.8x
P/S now vs peer median 2.8xmedian 2.1x 6.0xmedian 2.9x 3.3xmedian 2.9x
EV/EBITDA now vs peer median 24.8xmedian 5.9x 18.4xmedian 13.1x 14.7xmedian 13.1x
P/FCF now vs peer median 38.5xmedian 11.0x 36.8xmedian 36.7x -6.3xmedian 36.7x
P/B now vs peer median 1.4xmedian 1.5x 2.4xmedian 1.7x 2.0xmedian 1.7x
PEG now vs peer median -0.66median 2.27 1.05median 2.23 5.10median 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 monthsDVNNEEXEL
Revenue $20.38B $28.83B $14.62B
Gross profit $14.11B – –
Operating income -$1.35B $8.66B $2.79B
Net income $3.29B $11.64B $2.23B
Free cash flow $1.48B $4.67B -$7.69B
R&D $54.00M – –
EPS (diluted) $3.49 $5.55 $3.56
Cash & equivalents – $5.58B $2.01B
Total debt $11.39B $413.84B $39.46B
Shares (diluted) 940.00M 2.10B 627.00M
Enterprise value $47.97B $158.97B $43.74B

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
MetricDVNNEEXEL
P/E 14.7x 14.7x 21.8x
P/FCF 38.5x 36.8x -6.3x
P/Operating cash flow 6.6x 11.6x 10.2x
P/S 2.8x 6.0x 3.3x
P/B 1.4x 2.4x 2.0x
P/Tangible book 1.4x 2.4x 2.0x
EV/EBITDA 24.8x 18.4x 14.7x
EV/EBIT -50.4x 32.0x 30.9x
EV/Revenue 3.3x 9.6x 5.9x
EV/FCF 46.2x 59.2x -11.2x
EV/Operating cash flow 8.0x 18.7x 18.0x
PEG (3Y EPS CAGR) -0.66 1.05 5.10

Growth

14 metrics
MetricDVNNEEXEL
Revenue growth (1Y) 18.1% 9.6% 4.7%
Revenue CAGR (3Y) 5.9% 1.7% -1.4%
Gross profit growth (1Y) 18.4% – –
Gross profit CAGR (3Y) 4.9% – –
Operating income growth (1Y) 11.9% 13.4% 11.0%
Operating income CAGR (3Y) -44.2% -3.5% 4.6%
Net income growth (1Y) 13.2% 79.0% 7.7%
Net income CAGR (3Y) -11.9% 15.1% 8.8%
EPS growth (1Y) -22.0% 76.7% 1.0%
EPS CAGR (3Y) -22.4% 14.0% 4.3%
Operating cash flow growth (1Y) 25.5% 23.8% 5.8%
Operating cash flow CAGR (3Y) 6.4% 16.3% 2.7%
Free cash flow growth (1Y) 337.8% 30.9% -97.2%
Free cash flow CAGR (3Y) 11.7% 124.1% -112.8%

Profitability

14 metrics
MetricDVNNEEXEL
Gross margin 69.3% – –
EBITDA margin 13.5% 52.2% 39.9%
Operating margin -6.6% 30.0% 19.1%
Pretax margin -8.8% 35.0% 13.7%
Net margin 16.1% 40.4% 15.3%
FCF margin 7.2% 16.2% -52.6%
Operating cash flow margin 42.0% 51.4% 32.6%
Return on equity 11.5% 13.9% 9.3%
Return on assets 6.4% 4.1% 2.6%
Return on invested capital -3.5% 4.7% 4.5%
Return on capital employed -3.0% 4.2% 3.6%
Asset turnover 0.4x 0.1x 0.2x
Cash conversion (OCF / net income) 2.6x 1.3x 2.1x
Stock comp / revenue 0.7% – 0.3%

Financial Health

11 metrics
MetricDVNNEEXEL
Debt / assets 16.1% 45.0% 45.3%
Debt / equity 0.3x 1.5x 1.6x
Net debt / EBITDA 4.1x 7.0x 6.4x
Debt / FCF 7.7x 23.6x -5.1x
Liabilities / assets 41.1% 70.3% 72.4%
Equity / assets 58.9% 29.7% 27.6%
Interest coverage -2.7x 2,164x 1.7x
Current ratio 0.7x 0.5x 0.7x
Quick ratio – 0.3x 0.4x
Cash ratio – 0.2x 0.2x
Altman Z-score 1.59 0.99 0.85

Shareholder Returns

7 metrics
MetricDVNNEEXEL
Dividend yield 2.2% 3.0% 3.0%
Net buyback yield 1.3% -0.6% -4.6%
Shareholder yield 3.5% 2.4% -1.6%
Payout ratio (earnings) 25.0% – –
Payout ratio (FCF) 55.6% – –
Dividend growth (1Y) 11.9% – –
Dividend CAGR (3Y) -34.6% – –

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.

ConsensusDVNNEEXEL
Forward P/E 9.1xFY2026 21.1xFY2026 18.1xFY2026
EPS, next fiscal year $5.69FY2026 $3.89FY2026 $4.30FY2026
EPS growth, next FY +45.2%FY2026 +4.9%FY2026 +13.2%FY2026
EPS growth, the year after -5.1% +18.5% +2.1%
Revenue, next fiscal year $24.57BFY2026 $32.08BFY2026 $16.60BFY2026
Revenue growth, next FY +42.9%FY2026 +17.0%FY2026 +13.1%FY2026
Revenue growth, the year after +2.6% +9.6% +8.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersDVNNEEXEL
Held by institutions 92.2% 84.3% 95.4%
Institutions holding 1,458 3,019 1,284
Change in shares held, QoQ +86.7% +2.3% +7.3%
Institutions buying 1,138 1,588 663
Institutions selling 231 1,054 386
Buyers to sellers 4.93 1.51 1.72

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.

DVNNEEXEL
DVN 1.00 0.08 0.01
NEE 0.08 1.00 0.65
XEL 0.01 0.65 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, DVN, NEE and XEL?

Nextera Energy (NEE) is the largest by market capitalisation: Devon Energy (DVN) $47.97B, Nextera Energy (NEE) $172.22B, Xcel Energy (XEL) $48.83B.

Which stock is cheaper, DVN, NEE and XEL?

Devon Energy (DVN) trades on the lowest price-to-earnings ratio (Devon Energy (DVN) 14.6x, Nextera Energy (NEE) 14.8x, Xcel Energy (XEL) 21.9x). On next year's consensus earnings, Devon Energy (DVN) is cheapest (Devon Energy (DVN) 9.1x, Nextera Energy (NEE) 21.1x, Xcel Energy (XEL) 18.1x). 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%, Nextera Energy (NEE) +9.6%, Xcel Energy (XEL) +4.7%.

Which company is more profitable?

Nextera Energy (NEE) has the highest net margin (Devon Energy (DVN) 16.1%, Nextera Energy (NEE) 40.4%, Xcel Energy (XEL) 15.3%). On return on invested capital, Nextera Energy (NEE) leads (Devon Energy (DVN) -3.5%, Nextera Energy (NEE) 4.7%, Xcel Energy (XEL) 4.5%).

Which stock has performed better?

Over the past year Devon Energy (DVN) returned the most: Devon Energy (DVN) +56.6%, Nextera Energy (NEE) -2.8%, Xcel Energy (XEL) -3.1%. Over five years, Devon Energy (DVN) compounded fastest (Devon Energy (DVN) +5.4%/yr, Nextera Energy (NEE) -0.7%/yr, Xcel Energy (XEL) +4.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Devon Energy (DVN) 0.02%, Nextera Energy (NEE) 0.00%, Xcel Energy (XEL) 0.00%. Nextera Energy (NEE) and Xcel Energy (XEL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Xcel Energy (XEL) has been the steadiest (Devon Energy (DVN) 34.1%, Nextera Energy (NEE) 21.1%, Xcel Energy (XEL) 19.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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.