Dorchester Minerals, L.P. (DMLP) vs Enphase Energy, Inc. (ENPH)
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 September 13, 2026. Differences are shown without an overall score or investment verdict.
DMLP
Dorchester Minerals, L.P.
$29.04EnergyDelayed quote: Sep 25, 2026, 4:00 PM EDT
ENPH
Enphase Energy, Inc.
$32.40EnergyDelayed quote: Sep 25, 2026, 4:00 PM EDT
Total return — DMLP vs ENPH
growth of $100 · dividends reinvested · last 10yDMLP +465.0% (+18.9%/yr)ENPH +1977.1% (+35.4%/yr)ENPH compounded faster over this window
DMLP ENPH
DMLP vs ENPH: by the numbers
- •ENPH is the larger company ($4.28B vs $1.40B market cap).
- •DMLP trades at the lower trailing earnings multiple (16.04 vs 32.40 P/E), one valuation lens rather than an overall verdict.
- •DMLP converts more revenue to profit (45.68% vs 10.09% net margin).
- •DMLP grew revenue faster over the past five years (24.68% vs 4.60% CAGR).
- •DMLP pays a dividend (10.81% yield), while ENPH has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | DMLP | ENPH |
|---|---|---|
| P/E ratio | 16.04 | 32.40 |
| Forward P/E | N/A | 16.22 |
| P/S ratio | 7.29 | 3.22 |
| P/B ratio | 4.61 | 3.62 |
| EV / EBITDA | 7.57 | 23.04 |
| FCF yield | 11.18% | 3.56% |
Profitability
| Metric | DMLP | ENPH |
|---|---|---|
| Gross margin | 46.24% | 46.95% |
| Operating margin | 37.53% | 8.27% |
| Net margin | 45.68% | 10.09% |
| ROE | 28.92% | 11.34% |
| ROIC | 34.01% | 3.82% |
Dividends
| Metric | DMLP | ENPH |
|---|---|---|
| Dividend yield | 10.81% | N/A |
| Payout ratio | 176.44% | N/A |
Growth (annualized)
| Metric | DMLP | ENPH |
|---|---|---|
| Revenue CAGR (5Y) | 24.68% | 4.60% |
| EPS CAGR (5Y) | 14.49% | 4.13% |
| FCF CAGR (5Y) | 30.63% | -9.69% |
| Total return CAGR (5Y) | 25.09% | -25.48% |
Frequently asked
- Which has the lower trailing P/E, DMLP or ENPH?
- DMLP has the lower trailing P/E: DMLP trades at 16.04 and ENPH at 32.40. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DMLP or ENPH?
- Over the past five years, DMLP grew revenue faster — DMLP at a 24.68% CAGR versus ENPH at 4.60%.
- Does DMLP or ENPH pay a bigger dividend?
- DMLP pays a dividend (10.81% yield), while ENPH has no payments in the available dividend history.
- Is DMLP or ENPH more profitable?
- DMLP runs the higher net margin — DMLP at 45.68% versus ENPH at 10.09%.
- How have DMLP and ENPH total returns compared?
- Over the past 10 years, DMLP delivered 18.90% and ENPH delivered 35.04% annualized total return. 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 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 September 13, 2026.