APA Corporation (APA) vs Dorchester Minerals, L.P. (DMLP)
APA and DMLP are evenly matched — 8 metrics each of 16.
A side-by-side comparison of APA Corporation and Dorchester Minerals, L.P. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
APA
APA Corporation
$34.84EnergyDelayed quote: Jul 20, 2026, 4:00 PM EDT
DMLP
Dorchester Minerals, L.P.
$27.29EnergyDelayed quote: Jul 20, 2026, 4:00 PM EDT
Total return — APA vs DMLP
growth of $100 · dividends reinvested · last 30yAPA +277.5%DMLP +1532.4%DMLP compounded faster
APA DMLP
APA vs DMLP: by the numbers
- •APA is the larger company ($12.31B vs $1.32B market cap).
- •APA trades at the lower earnings multiple (8.12 vs 18.92 P/E).
- •DMLP converts more revenue to profit (40.85% vs 17.80% net margin).
- •DMLP grew revenue faster over the past five years (27.91% vs 11.66% CAGR).
- •DMLP pays the higher dividend yield (9.32% vs 2.87%).
Which is better, APA or DMLP?
Metric tally: APA 8 · DMLP 8It depends on what you're optimizing for:
ValueAPA(lower P/E)
GrowthDMLP(faster 5Y revenue CAGR)
IncomeDMLP(higher dividend yield)
QualityDMLP(higher ROIC)
Metrics side by side
Valuation
| Metric | APA | DMLP |
|---|---|---|
| P/E ratio | 8.12● | 18.92 |
| Forward P/E | 6.01 | — |
| P/S ratio | 1.43● | 7.80 |
| P/B ratio | 1.91● | 4.36 |
| PEG ratio | 0.08● | 1.31 |
| EV / EBITDA | 3.13● | 8.24 |
| FCF yield | 12.03%● | 9.35% |
Profitability
| Metric | APA | DMLP |
|---|---|---|
| Gross margin | 37.32% | 46.24%● |
| Operating margin | 34.63% | 37.53%● |
| Net margin | 17.80% | 40.85%● |
| ROE | 23.75%● | 22.81% |
| ROIC | 9.96% | 18.74%● |
Dividends
| Metric | APA | DMLP |
|---|---|---|
| Dividend yield | 2.87% | 9.32%● |
| Payout ratio | 25.06% | 211.74% |
Growth (annualized)
| Metric | APA | DMLP |
|---|---|---|
| Revenue CAGR (5Y) | 11.66% | 27.91%● |
| EPS CAGR (5Y) | 69.31%● | 14.49% |
| FCF CAGR (5Y) | 22.89% | 30.85%● |
| Total return CAGR (5Y) | 18.07% | 24.04%● |
Frequently asked
- Which is better, APA or DMLP?
- It depends on your goal. value: APA (lower P/E); growth: DMLP (faster 5Y revenue CAGR); income: DMLP (higher dividend yield); quality: DMLP (higher ROIC). Across all compared metrics, they are evenly matched.
- Is APA or DMLP cheaper?
- On trailing earnings, APA is cheaper: APA trades at a 8.12 P/E and DMLP at 18.92.
- Which has grown faster, APA or DMLP?
- Over the past five years, DMLP grew revenue faster — APA at a 11.66% CAGR versus DMLP at 27.91%.
- Does APA or DMLP pay a bigger dividend?
- APA yields 2.87% and DMLP yields 9.32% based on trailing dividends and the latest price.
- Is APA or DMLP more profitable?
- DMLP runs the higher net margin — APA at 17.80% versus DMLP at 40.85%.
- Which has been the better investment, APA or DMLP?
- Over the past 10-year, DMLP delivered the higher annualized total return — APA at -2.01% versus DMLP at 17.95%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
APA P/E ratioDorchester Minerals, L.P. P/E ratioAPA dividend yieldDorchester Minerals, L.P. dividend yieldAPA ROEDorchester Minerals, L.P. ROEAPA operating marginDorchester Minerals, L.P. operating marginAPA revenue growthDorchester Minerals, L.P. revenue growthAPA free cash flowDorchester Minerals, L.P. free cash flow
APA & Dorchester Minerals, L.P. appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 20, 2026.