Dorchester Minerals, L.P. (DMLP) vs Enphase Energy, Inc. (ENPH)
DMLP leads on 13 of 15 compared metrics.
A side-by-side comparison of Dorchester Minerals, L.P. and Enphase Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 28, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — DMLP vs ENPH
growth of $100 · last 14yDMLP -2.4%ENPH +548.2%ENPH compounded faster
Log scale — wide-divergence pair
DMLP ENPH
DMLP vs ENPH: by the numbers
- •ENPH is the larger company ($6.27B vs $1.24B market cap).
- •DMLP trades at the lower earnings multiple (17.80 vs 47.11 P/E).
- •DMLP converts more revenue to profit (40.85% vs 9.64% net margin).
- •DMLP grew revenue faster over the past five years (27.91% vs 9.96% CAGR).
- •DMLP pays a dividend (7.41% yield) while ENPH does not currently pay one.
Which is better, DMLP or ENPH?
Metric tally: DMLP 13 · ENPH 2It depends on what you're optimizing for:
ValueDMLP(lower P/E)
GrowthDMLP(faster 5Y revenue CAGR)
QualityDMLP(higher ROIC)
Metrics side by side
Valuation
| Metric | DMLP | ENPH |
|---|---|---|
| P/E ratio | 17.80● | 47.11 |
| Forward P/E | — | 20.41 |
| P/S ratio | 7.34 | 4.46● |
| P/B ratio | 4.10● | 5.67 |
| PEG ratio | 1.23 | 0.34● |
| EV / EBITDA | 7.74● | 36.39 |
| FCF yield | 9.95%● | 2.32% |
Profitability
| Metric | DMLP | ENPH |
|---|---|---|
| Gross margin | 46.24%● | 44.23% |
| Operating margin | 37.53%● | 6.81% |
| Net margin | 40.85%● | 9.64% |
| ROE | 22.81%● | 12.25% |
| ROIC | 18.74%● | 4.79% |
Dividends
| Metric | DMLP | ENPH |
|---|---|---|
| Dividend yield | 7.41% | — |
| Payout ratio | 158.35% | — |
Growth (annualized)
| Metric | DMLP | ENPH |
|---|---|---|
| Revenue CAGR (5Y) | 27.91%● | 9.96% |
| EPS CAGR (5Y) | 14.49%● | 4.13% |
| FCF CAGR (5Y) | 30.85%● | -8.47% |
| Total return CAGR (5Y) | 21.26%● | -22.96% |
Frequently asked
- Which is better, DMLP or ENPH?
- It depends on your goal. value: DMLP (lower P/E); growth: DMLP (faster 5Y revenue CAGR); quality: DMLP (higher ROIC). Across all compared metrics, DMLP leads 13 to 2.
- Is DMLP or ENPH cheaper?
- On trailing earnings, DMLP is cheaper: DMLP trades at a 17.80 P/E and ENPH at 47.11.
- Which has grown faster, DMLP or ENPH?
- Over the past five years, DMLP grew revenue faster — DMLP at a 27.91% CAGR versus ENPH at 9.96%.
- Does DMLP or ENPH pay a bigger dividend?
- DMLP pays a dividend (7.41% yield) while ENPH does not currently pay one.
- Is DMLP or ENPH more profitable?
- DMLP runs the higher net margin — DMLP at 40.85% versus ENPH at 9.64%.
- Which has been the better investment, DMLP or ENPH?
- Over the past 10-year, ENPH delivered the higher annualized total return — DMLP at 16.76% versus ENPH at 36.74%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Dorchester Minerals, L.P. P/E ratioEnphase Energy P/E ratioDorchester Minerals, L.P. dividend yieldEnphase Energy dividend yieldDorchester Minerals, L.P. ROEEnphase Energy ROEDorchester Minerals, L.P. operating marginEnphase Energy operating marginDorchester Minerals, L.P. revenue growthEnphase Energy revenue growthDorchester Minerals, L.P. free cash flowEnphase Energy free cash flow
Dorchester Minerals, L.P. & Enphase Energy 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 June 28, 2026.