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Side-by-side financial comparison of Devon Energy (DVN) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.

Devon Energy is the larger business by last-quarter revenue ($3.9B vs $3.8B, roughly 1.0× Stanley Black & Decker). Devon Energy runs the higher net margin — 14.3% vs 1.4%, a 12.9% gap on every dollar of revenue. On growth, Stanley Black & Decker posted the faster year-over-year revenue change (0.1% vs -12.3%). Devon Energy produced more free cash flow last quarter ($702.0M vs $155.3M). Over the past eight quarters, Devon Energy's revenue compounded faster (2.6% CAGR vs 0.3%).

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.

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.

DVN vs SWK — Head-to-Head

Bigger by revenue
DVN
DVN
1.0× larger
DVN
$3.9B
$3.8B
SWK
Growing faster (revenue YoY)
SWK
SWK
+12.4% gap
SWK
0.1%
-12.3%
DVN
Higher net margin
DVN
DVN
12.9% more per $
DVN
14.3%
1.4%
SWK
More free cash flow
DVN
DVN
$546.7M more FCF
DVN
$702.0M
$155.3M
SWK
Faster 2-yr revenue CAGR
DVN
DVN
Annualised
DVN
2.6%
0.3%
SWK

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DVN
DVN
SWK
SWK
Revenue
$3.9B
$3.8B
Net Profit
$562.0M
$51.4M
Gross Margin
31.4%
Operating Margin
19.0%
Net Margin
14.3%
1.4%
Revenue YoY
-12.3%
0.1%
Net Profit YoY
-12.1%
-43.6%
EPS (diluted)
$0.90
$0.34

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
SWK
SWK
Q4 25
$3.9B
Q3 25
$4.3B
$3.8B
Q2 25
$4.0B
$3.9B
Q1 25
$4.5B
$3.7B
Q4 24
$4.5B
$3.7B
Q3 24
$3.8B
$3.8B
Q2 24
$3.9B
$4.0B
Q1 24
$3.7B
$3.9B
Net Profit
DVN
DVN
SWK
SWK
Q4 25
$562.0M
Q3 25
$687.0M
$51.4M
Q2 25
$899.0M
$101.9M
Q1 25
$494.0M
$90.4M
Q4 24
$639.0M
$194.9M
Q3 24
$812.0M
$91.1M
Q2 24
$844.0M
$-11.2M
Q1 24
$596.0M
$19.5M
Gross Margin
DVN
DVN
SWK
SWK
Q4 25
Q3 25
31.4%
Q2 25
27.0%
Q1 25
29.9%
Q4 24
30.8%
Q3 24
29.9%
Q2 24
28.4%
Q1 24
28.6%
Operating Margin
DVN
DVN
SWK
SWK
Q4 25
19.0%
Q3 25
21.5%
Q2 25
28.7%
Q1 25
14.2%
Q4 24
18.7%
3.4%
Q3 24
28.0%
10.6%
Q2 24
26.7%
9.5%
Q1 24
20.5%
8.3%
Net Margin
DVN
DVN
SWK
SWK
Q4 25
14.3%
Q3 25
16.2%
1.4%
Q2 25
22.2%
2.6%
Q1 25
10.9%
2.4%
Q4 24
14.2%
5.2%
Q3 24
21.4%
2.4%
Q2 24
21.7%
-0.3%
Q1 24
15.9%
0.5%
EPS (diluted)
DVN
DVN
SWK
SWK
Q4 25
$0.90
Q3 25
$1.09
$0.34
Q2 25
$1.41
$0.67
Q1 25
$0.77
$0.60
Q4 24
$0.98
$1.29
Q3 24
$1.30
$0.60
Q2 24
$1.34
$-0.07
Q1 24
$0.94
$0.13

Balance Sheet & Financial Strength

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

Metric
DVN
DVN
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$1.4B
$268.3M
Total DebtLower is stronger
$8.4B
$5.3B
Stockholders' EquityBook value
$15.5B
$9.0B
Total Assets
$31.6B
$21.8B
Debt / EquityLower = less leverage
0.54×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DVN
DVN
SWK
SWK
Q4 25
$1.4B
Q3 25
$1.2B
$268.3M
Q2 25
$1.7B
$311.8M
Q1 25
$1.2B
$344.8M
Q4 24
$811.0M
$290.5M
Q3 24
$645.0M
$298.7M
Q2 24
$1.1B
$318.5M
Q1 24
$1.1B
$476.6M
Total Debt
DVN
DVN
SWK
SWK
Q4 25
$8.4B
Q3 25
$8.4B
$5.3B
Q2 25
$8.9B
$5.6B
Q1 25
$8.9B
$5.6B
Q4 24
$8.9B
$6.1B
Q3 24
$8.9B
$6.1B
Q2 24
$6.1B
$6.1B
Q1 24
$6.1B
$6.1B
Stockholders' Equity
DVN
DVN
SWK
SWK
Q4 25
$15.5B
Q3 25
$15.3B
$9.0B
Q2 25
$15.1B
$9.1B
Q1 25
$14.5B
$8.8B
Q4 24
$14.5B
$8.7B
Q3 24
$14.3B
$8.9B
Q2 24
$12.6B
$8.7B
Q1 24
$12.2B
$8.9B
Total Assets
DVN
DVN
SWK
SWK
Q4 25
$31.6B
Q3 25
$31.2B
$21.8B
Q2 25
$31.4B
$22.5B
Q1 25
$30.9B
$22.5B
Q4 24
$30.5B
$21.8B
Q3 24
$30.3B
$22.5B
Q2 24
$25.2B
$22.5B
Q1 24
$25.0B
$23.9B
Debt / Equity
DVN
DVN
SWK
SWK
Q4 25
0.54×
Q3 25
0.55×
0.59×
Q2 25
0.59×
0.62×
Q1 25
0.61×
0.63×
Q4 24
0.61×
0.70×
Q3 24
0.62×
0.69×
Q2 24
0.49×
0.70×
Q1 24
0.51×
0.69×

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
SWK
SWK
Operating Cash FlowLast quarter
$1.5B
$221.2M
Free Cash FlowOCF − Capex
$702.0M
$155.3M
FCF MarginFCF / Revenue
17.8%
4.1%
Capex IntensityCapex / Revenue
21.1%
1.8%
Cash ConversionOCF / Net Profit
2.73×
4.30×
TTM Free Cash FlowTrailing 4 quarters
$3.1B
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DVN
DVN
SWK
SWK
Q4 25
$1.5B
Q3 25
$1.7B
$221.2M
Q2 25
$1.5B
$214.3M
Q1 25
$1.9B
$-420.0M
Q4 24
$1.7B
$679.1M
Q3 24
$1.7B
$285.8M
Q2 24
$1.5B
$573.0M
Q1 24
$1.7B
$-431.0M
Free Cash Flow
DVN
DVN
SWK
SWK
Q4 25
$702.0M
Q3 25
$820.0M
$155.3M
Q2 25
$589.0M
$134.7M
Q1 25
$1.0B
$-485.0M
Q4 24
$738.0M
$564.6M
Q3 24
$786.0M
$199.3M
Q2 24
$587.0M
$485.8M
Q1 24
$844.0M
$-496.7M
FCF Margin
DVN
DVN
SWK
SWK
Q4 25
17.8%
Q3 25
19.3%
4.1%
Q2 25
14.6%
3.4%
Q1 25
22.2%
-13.0%
Q4 24
16.4%
15.2%
Q3 24
20.7%
5.3%
Q2 24
15.1%
12.1%
Q1 24
22.6%
-12.8%
Capex Intensity
DVN
DVN
SWK
SWK
Q4 25
21.1%
Q3 25
20.5%
1.8%
Q2 25
23.6%
2.0%
Q1 25
20.5%
1.7%
Q4 24
20.6%
3.1%
Q3 24
23.1%
2.3%
Q2 24
24.3%
2.2%
Q1 24
23.9%
1.7%
Cash Conversion
DVN
DVN
SWK
SWK
Q4 25
2.73×
Q3 25
2.46×
4.30×
Q2 25
1.72×
2.10×
Q1 25
3.93×
-4.65×
Q4 24
2.60×
3.48×
Q3 24
2.05×
3.14×
Q2 24
1.82×
Q1 24
2.92×
-22.10×

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%

SWK
SWK

Tools And Outdoor Segment$3.3B87%
Engineered Fastening Segment$500.5M13%

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