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Side-by-side financial comparison of Devon Energy (DVN) and QVC Group, Inc. (QVCGA). Click either name above to swap in a different company.

Devon Energy is the larger business by last-quarter revenue ($3.9B vs $2.7B, roughly 1.5× QVC Group, Inc.). Devon Energy runs the higher net margin — 14.3% vs -1.4%, a 15.7% gap on every dollar of revenue. On growth, QVC Group, Inc. posted the faster year-over-year revenue change (-9.1% vs -12.3%). Devon Energy produced more free cash flow last quarter ($702.0M vs $191.0M). Over the past eight quarters, QVC Group, Inc.'s revenue compounded faster (6.9% CAGR vs 2.6%).

Devon Energy Corporation is an American company engaged in hydrocarbon exploration. It is organized in Delaware with operational headquarters in the 50-story Devon Energy Center in Oklahoma City, Oklahoma. Its operations are in the Delaware Basin, Eagle Ford Group, and the Rocky Mountains.

QVC Group, is an American media conglomerate controlled by company chairman John C. Malone, who owns a majority of the voting shares.

DVN vs QVCGA — Head-to-Head

Bigger by revenue
DVN
DVN
1.5× larger
DVN
$3.9B
$2.7B
QVCGA
Growing faster (revenue YoY)
QVCGA
QVCGA
+3.2% gap
QVCGA
-9.1%
-12.3%
DVN
Higher net margin
DVN
DVN
15.7% more per $
DVN
14.3%
-1.4%
QVCGA
More free cash flow
DVN
DVN
$511.0M more FCF
DVN
$702.0M
$191.0M
QVCGA
Faster 2-yr revenue CAGR
QVCGA
QVCGA
Annualised
QVCGA
6.9%
2.6%
DVN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DVN
DVN
QVCGA
QVCGA
Revenue
$3.9B
$2.7B
Net Profit
$562.0M
$-37.0M
Gross Margin
32.9%
Operating Margin
19.0%
3.7%
Net Margin
14.3%
-1.4%
Revenue YoY
-12.3%
-9.1%
Net Profit YoY
-12.1%
97.1%
EPS (diluted)
$0.90
$-17.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DVN
DVN
QVCGA
QVCGA
Q4 25
$3.9B
$2.7B
Q3 25
$4.3B
$2.2B
Q2 25
$4.0B
$2.2B
Q1 25
$4.5B
$2.1B
Q4 24
$4.5B
$2.9B
Q3 24
$3.8B
$2.3B
Q2 24
$3.9B
$2.4B
Q1 24
$3.7B
$2.3B
Net Profit
DVN
DVN
QVCGA
QVCGA
Q4 25
$562.0M
$-37.0M
Q3 25
$687.0M
$-80.0M
Q2 25
$899.0M
$-2.2B
Q1 25
$494.0M
$-100.0M
Q4 24
$639.0M
$-1.3B
Q3 24
$812.0M
$-23.0M
Q2 24
$844.0M
$20.0M
Q1 24
$596.0M
$-1.0M
Gross Margin
DVN
DVN
QVCGA
QVCGA
Q4 25
32.9%
Q3 25
34.0%
Q2 25
36.4%
Q1 25
34.2%
Q4 24
33.3%
Q3 24
35.3%
Q2 24
36.4%
Q1 24
35.5%
Operating Margin
DVN
DVN
QVCGA
QVCGA
Q4 25
19.0%
3.7%
Q3 25
21.5%
2.7%
Q2 25
28.7%
-101.6%
Q1 25
14.2%
0.7%
Q4 24
18.7%
-43.2%
Q3 24
28.0%
6.5%
Q2 24
26.7%
6.9%
Q1 24
20.5%
6.2%
Net Margin
DVN
DVN
QVCGA
QVCGA
Q4 25
14.3%
-1.4%
Q3 25
16.2%
-3.6%
Q2 25
22.2%
-99.4%
Q1 25
10.9%
-4.8%
Q4 24
14.2%
-43.7%
Q3 24
21.4%
-1.0%
Q2 24
21.7%
0.8%
Q1 24
15.9%
-0.0%
EPS (diluted)
DVN
DVN
QVCGA
QVCGA
Q4 25
$0.90
$-17.37
Q3 25
$1.09
$-9.89
Q2 25
$1.41
$-275.46
Q1 25
$0.77
$-0.25
Q4 24
$0.98
Q3 24
$1.30
$-0.06
Q2 24
$1.34
$2.57
Q1 24
$0.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DVN
DVN
QVCGA
QVCGA
Cash + ST InvestmentsLiquidity on hand
$1.4B
$2.0B
Total DebtLower is stronger
$8.4B
$790.0M
Stockholders' EquityBook value
$15.5B
$-3.1B
Total Assets
$31.6B
$7.6B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DVN
DVN
QVCGA
QVCGA
Q4 25
$1.4B
$2.0B
Q3 25
$1.2B
$1.8B
Q2 25
$1.7B
$897.0M
Q1 25
$1.2B
$833.0M
Q4 24
$811.0M
$905.0M
Q3 24
$645.0M
$873.0M
Q2 24
$1.1B
$1.2B
Q1 24
$1.1B
$1.1B
Total Debt
DVN
DVN
QVCGA
QVCGA
Q4 25
$8.4B
$790.0M
Q3 25
$8.4B
$5.9B
Q2 25
$8.9B
$4.9B
Q1 25
$8.9B
$5.0B
Q4 24
$8.9B
$4.1B
Q3 24
$8.9B
$5.1B
Q2 24
$6.1B
$5.3B
Q1 24
$6.1B
$5.5B
Stockholders' Equity
DVN
DVN
QVCGA
QVCGA
Q4 25
$15.5B
$-3.1B
Q3 25
$15.3B
$-3.1B
Q2 25
$15.1B
$-3.0B
Q1 25
$14.5B
$-981.0M
Q4 24
$14.5B
$-971.0M
Q3 24
$14.3B
$397.0M
Q2 24
$12.6B
$328.0M
Q1 24
$12.2B
$255.0M
Total Assets
DVN
DVN
QVCGA
QVCGA
Q4 25
$31.6B
$7.6B
Q3 25
$31.2B
$7.6B
Q2 25
$31.4B
$6.7B
Q1 25
$30.9B
$9.0B
Q4 24
$30.5B
$9.2B
Q3 24
$30.3B
$10.8B
Q2 24
$25.2B
$10.9B
Q1 24
$25.0B
$11.0B
Debt / Equity
DVN
DVN
QVCGA
QVCGA
Q4 25
0.54×
Q3 25
0.55×
Q2 25
0.59×
Q1 25
0.61×
Q4 24
0.61×
Q3 24
0.62×
12.74×
Q2 24
0.49×
16.28×
Q1 24
0.51×
21.53×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DVN
DVN
QVCGA
QVCGA
Operating Cash FlowLast quarter
$1.5B
$244.0M
Free Cash FlowOCF − Capex
$702.0M
$191.0M
FCF MarginFCF / Revenue
17.8%
7.1%
Capex IntensityCapex / Revenue
21.1%
2.0%
Cash ConversionOCF / Net Profit
2.73×
TTM Free Cash FlowTrailing 4 quarters
$3.1B
$118.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DVN
DVN
QVCGA
QVCGA
Q4 25
$1.5B
$244.0M
Q3 25
$1.7B
$4.0M
Q2 25
$1.5B
$86.0M
Q1 25
$1.9B
$-60.0M
Q4 24
$1.7B
$212.0M
Q3 24
$1.7B
$20.0M
Q2 24
$1.5B
$267.0M
Q1 24
$1.7B
$26.0M
Free Cash Flow
DVN
DVN
QVCGA
QVCGA
Q4 25
$702.0M
$191.0M
Q3 25
$820.0M
$-27.0M
Q2 25
$589.0M
$48.0M
Q1 25
$1.0B
$-94.0M
Q4 24
$738.0M
$150.0M
Q3 24
$786.0M
$-23.0M
Q2 24
$587.0M
$213.0M
Q1 24
$844.0M
$-14.0M
FCF Margin
DVN
DVN
QVCGA
QVCGA
Q4 25
17.8%
7.1%
Q3 25
19.3%
-1.2%
Q2 25
14.6%
2.1%
Q1 25
22.2%
-4.5%
Q4 24
16.4%
5.1%
Q3 24
20.7%
-1.0%
Q2 24
15.1%
8.8%
Q1 24
22.6%
-0.6%
Capex Intensity
DVN
DVN
QVCGA
QVCGA
Q4 25
21.1%
2.0%
Q3 25
20.5%
1.4%
Q2 25
23.6%
1.7%
Q1 25
20.5%
1.6%
Q4 24
20.6%
2.1%
Q3 24
23.1%
1.8%
Q2 24
24.3%
2.2%
Q1 24
23.9%
1.7%
Cash Conversion
DVN
DVN
QVCGA
QVCGA
Q4 25
2.73×
Q3 25
2.46×
Q2 25
1.72×
Q1 25
3.93×
Q4 24
2.60×
Q3 24
2.05×
Q2 24
1.82×
13.35×
Q1 24
2.92×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DVN
DVN

Oil Gas And NGL Sales$2.6B65%
Marketing And Midstream Revenues$1.4B35%

QVCGA
QVCGA

Other$915.0M34%
Home$754.0M28%
Beauty$260.0M10%
Apparel$254.0M9%
Electronics$187.0M7%
Accessories$181.0M7%
Jewelry$87.0M3%
Manufactured Product Other$38.0M1%

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