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Side-by-side financial comparison of Devon Energy (DVN) and Stryker Corporation (SYK). Click either name above to swap in a different company.

Stryker Corporation is the larger business by last-quarter revenue ($7.2B vs $3.9B, roughly 1.8× Devon Energy). Devon Energy runs the higher net margin — 14.3% vs 11.8%, a 2.4% gap on every dollar of revenue. On growth, Stryker Corporation posted the faster year-over-year revenue change (11.4% vs -12.3%). Stryker Corporation produced more free cash flow last quarter ($1.9B vs $702.0M). Over the past eight quarters, Stryker Corporation's revenue compounded faster (16.9% 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.

The Stryker is a family of eight-wheeled armored fighting vehicles derived from the Canadian LAV III, which in turn derived from the Swiss Mowag Piranha. Stryker vehicles are produced by General Dynamics Land Systems-Canada (GDLS-C) for the United States Army in a plant in London, Ontario. It has four-wheel drive (8×4) and can be switched to all-wheel drive (8×8).

DVN vs SYK — Head-to-Head

Bigger by revenue
SYK
SYK
1.8× larger
SYK
$7.2B
$3.9B
DVN
Growing faster (revenue YoY)
SYK
SYK
+23.7% gap
SYK
11.4%
-12.3%
DVN
Higher net margin
DVN
DVN
2.4% more per $
DVN
14.3%
11.8%
SYK
More free cash flow
SYK
SYK
$1.2B more FCF
SYK
$1.9B
$702.0M
DVN
Faster 2-yr revenue CAGR
SYK
SYK
Annualised
SYK
16.9%
2.6%
DVN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DVN
DVN
SYK
SYK
Revenue
$3.9B
$7.2B
Net Profit
$562.0M
$849.0M
Gross Margin
64.5%
Operating Margin
19.0%
25.2%
Net Margin
14.3%
11.8%
Revenue YoY
-12.3%
11.4%
Net Profit YoY
-12.1%
55.5%
EPS (diluted)
$0.90
$2.20

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
SYK
SYK
Q4 25
$3.9B
$7.2B
Q3 25
$4.3B
$6.1B
Q2 25
$4.0B
$6.0B
Q1 25
$4.5B
$5.9B
Q4 24
$4.5B
$6.4B
Q3 24
$3.8B
$5.5B
Q2 24
$3.9B
$5.4B
Q1 24
$3.7B
$5.2B
Net Profit
DVN
DVN
SYK
SYK
Q4 25
$562.0M
$849.0M
Q3 25
$687.0M
$859.0M
Q2 25
$899.0M
$884.0M
Q1 25
$494.0M
$654.0M
Q4 24
$639.0M
$546.0M
Q3 24
$812.0M
$834.0M
Q2 24
$844.0M
$825.0M
Q1 24
$596.0M
$788.0M
Gross Margin
DVN
DVN
SYK
SYK
Q4 25
64.5%
Q3 25
63.6%
Q2 25
63.8%
Q1 25
63.8%
Q4 24
64.9%
Q3 24
64.0%
Q2 24
63.0%
Q1 24
63.6%
Operating Margin
DVN
DVN
SYK
SYK
Q4 25
19.0%
25.2%
Q3 25
21.5%
18.7%
Q2 25
28.7%
18.5%
Q1 25
14.2%
14.3%
Q4 24
18.7%
9.0%
Q3 24
28.0%
19.7%
Q2 24
26.7%
19.4%
Q1 24
20.5%
18.5%
Net Margin
DVN
DVN
SYK
SYK
Q4 25
14.3%
11.8%
Q3 25
16.2%
14.2%
Q2 25
22.2%
14.7%
Q1 25
10.9%
11.1%
Q4 24
14.2%
8.5%
Q3 24
21.4%
15.2%
Q2 24
21.7%
15.2%
Q1 24
15.9%
15.0%
EPS (diluted)
DVN
DVN
SYK
SYK
Q4 25
$0.90
$2.20
Q3 25
$1.09
$2.22
Q2 25
$1.41
$2.29
Q1 25
$0.77
$1.69
Q4 24
$0.98
$1.41
Q3 24
$1.30
$2.16
Q2 24
$1.34
$2.14
Q1 24
$0.94
$2.05

Balance Sheet & Financial Strength

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

Metric
DVN
DVN
SYK
SYK
Cash + ST InvestmentsLiquidity on hand
$1.4B
$4.0B
Total DebtLower is stronger
$8.4B
Stockholders' EquityBook value
$15.5B
$22.4B
Total Assets
$31.6B
$47.8B
Debt / EquityLower = less leverage
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DVN
DVN
SYK
SYK
Q4 25
$1.4B
$4.0B
Q3 25
$1.2B
$3.3B
Q2 25
$1.7B
$2.4B
Q1 25
$1.2B
$2.3B
Q4 24
$811.0M
$3.7B
Q3 24
$645.0M
$3.9B
Q2 24
$1.1B
$1.9B
Q1 24
$1.1B
$2.3B
Total Debt
DVN
DVN
SYK
SYK
Q4 25
$8.4B
Q3 25
$8.4B
Q2 25
$8.9B
Q1 25
$8.9B
Q4 24
$8.9B
Q3 24
$8.9B
Q2 24
$6.1B
Q1 24
$6.1B
Stockholders' Equity
DVN
DVN
SYK
SYK
Q4 25
$15.5B
$22.4B
Q3 25
$15.3B
$21.8B
Q2 25
$15.1B
$21.2B
Q1 25
$14.5B
$20.9B
Q4 24
$14.5B
$20.6B
Q3 24
$14.3B
$20.1B
Q2 24
$12.6B
$19.8B
Q1 24
$12.2B
$19.2B
Total Assets
DVN
DVN
SYK
SYK
Q4 25
$31.6B
$47.8B
Q3 25
$31.2B
$47.1B
Q2 25
$31.4B
$46.3B
Q1 25
$30.9B
$46.0B
Q4 24
$30.5B
$43.0B
Q3 24
$30.3B
$43.8B
Q2 24
$25.2B
$39.1B
Q1 24
$25.0B
$39.4B
Debt / Equity
DVN
DVN
SYK
SYK
Q4 25
0.54×
Q3 25
0.55×
Q2 25
0.59×
Q1 25
0.61×
Q4 24
0.61×
Q3 24
0.62×
Q2 24
0.49×
Q1 24
0.51×

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
SYK
SYK
Operating Cash FlowLast quarter
$1.5B
$2.1B
Free Cash FlowOCF − Capex
$702.0M
$1.9B
FCF MarginFCF / Revenue
17.8%
26.1%
Capex IntensityCapex / Revenue
21.1%
3.7%
Cash ConversionOCF / Net Profit
2.73×
2.52×
TTM Free Cash FlowTrailing 4 quarters
$3.1B
$4.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DVN
DVN
SYK
SYK
Q4 25
$1.5B
$2.1B
Q3 25
$1.7B
$1.5B
Q2 25
$1.5B
$1.1B
Q1 25
$1.9B
$250.0M
Q4 24
$1.7B
$1.9B
Q3 24
$1.7B
$1.5B
Q2 24
$1.5B
$633.0M
Q1 24
$1.7B
$204.0M
Free Cash Flow
DVN
DVN
SYK
SYK
Q4 25
$702.0M
$1.9B
Q3 25
$820.0M
$1.4B
Q2 25
$589.0M
$928.0M
Q1 25
$1.0B
$127.0M
Q4 24
$738.0M
$1.7B
Q3 24
$786.0M
$1.3B
Q2 24
$587.0M
$481.0M
Q1 24
$844.0M
$37.0M
FCF Margin
DVN
DVN
SYK
SYK
Q4 25
17.8%
26.1%
Q3 25
19.3%
22.3%
Q2 25
14.6%
15.4%
Q1 25
22.2%
2.2%
Q4 24
16.4%
25.9%
Q3 24
20.7%
23.7%
Q2 24
15.1%
8.9%
Q1 24
22.6%
0.7%
Capex Intensity
DVN
DVN
SYK
SYK
Q4 25
21.1%
3.7%
Q3 25
20.5%
3.1%
Q2 25
23.6%
3.0%
Q1 25
20.5%
2.1%
Q4 24
20.6%
4.1%
Q3 24
23.1%
3.1%
Q2 24
24.3%
2.8%
Q1 24
23.9%
3.2%
Cash Conversion
DVN
DVN
SYK
SYK
Q4 25
2.73×
2.52×
Q3 25
2.46×
1.79×
Q2 25
1.72×
1.26×
Q1 25
3.93×
0.38×
Q4 24
2.60×
3.54×
Q3 24
2.05×
1.77×
Q2 24
1.82×
0.77×
Q1 24
2.92×
0.26×

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%

SYK
SYK

Medical$1.3B18%
Endoscopy$1.1B16%
Traumaand Extremities$1.1B15%
Instruments$925.0M13%
Knees$749.0M10%
Neuro Cranial$669.0M9%
Neurovascular$539.0M8%
Hips$499.0M7%
Other Orthopaedics$267.0M4%
Spine$8.0M0%

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