Which has the lower trailing P/E, ENPH or OII?

OII has the lower trailing P/E: ENPH trades at 36.37 and OII at 14.77. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ENPH or OII?

Over the past five years, OII grew revenue faster — ENPH at a 4.60% CAGR versus OII at 9.80%.

Is ENPH or OII more profitable?

OII runs the higher net margin — ENPH at 10.09% versus OII at 12.19%.

How have ENPH and OII total returns compared?

Over the past 10 years, ENPH delivered 34.90% and OII delivered 7.34% annualized total return. Past performance doesn't predict future results.

Enphase Energy, Inc. (ENPH) vs Oceaneering International, Inc. (OII)

A side-by-side comparison of Enphase Energy, Inc. and Oceaneering International, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 6, 2026. Differences are shown without an overall score or investment verdict.

ENPH

Enphase Energy, Inc.

$4.81B

$36.37EnergyAt close: Sep 4, 2026, 4:00 PM ET

OII

Oceaneering International, Inc.

$5.12B

$51.40EnergyAt close: Sep 4, 2026, 4:00 PM ET

Total return — ENPH vs OII

growth of $100 · dividends reinvested · last 10y

ENPH +1898.4% (+34.9%/yr)OII +103.1% (+7.3%/yr)ENPH compounded faster over this window

Log scale — wide-divergence pair

ENPH OII

ENPH vs OII: by the numbers

•OII is the larger company ($5.12B vs $4.81B market cap).
•OII trades at the lower trailing earnings multiple (14.77 vs 36.37 P/E), one valuation lens rather than an overall verdict.
•OII converts more revenue to profit (12.19% vs 10.09% net margin).
•OII grew revenue faster over the past five years (9.80% vs 4.60% CAGR).

Metrics side by side

Valuation

Metric	ENPH	OII
P/E ratio	36.37	14.77
Forward P/E	18.20	25.07
P/S ratio	3.64	1.80
P/B ratio	4.09	4.42
EV / EBITDA	25.93	13.25
FCF yield	3.16%	4.32%

Profitability

Metric	ENPH	OII
Gross margin	46.95%	19.82%
Operating margin	8.27%	10.37%
Net margin	10.09%	12.19%
ROE	11.34%	29.95%
ROIC	3.82%	15.18%

Growth (annualized)

Metric	ENPH	OII
Revenue CAGR (5Y)	4.60%	9.80%
EPS CAGR (5Y)	4.13%	N/A
FCF CAGR (5Y)	-9.69%	10.69%
Total return CAGR (5Y)	-26.87%	31.59%

Frequently asked

Which has the lower trailing P/E, ENPH or OII?: OII has the lower trailing P/E: ENPH trades at 36.37 and OII at 14.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ENPH or OII?: Over the past five years, OII grew revenue faster — ENPH at a 4.60% CAGR versus OII at 9.80%.
Is ENPH or OII more profitable?: OII runs the higher net margin — ENPH at 10.09% versus OII at 12.19%.
How have ENPH and OII total returns compared?: Over the past 10 years, ENPH delivered 34.90% and OII delivered 7.34% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ENPH analysis Full OII analysis Interactive comparison tool

Dig into the metrics

Enphase Energy P/E ratio Oceaneering International P/E ratio Enphase Energy ROE Oceaneering International ROE Enphase Energy operating margin Oceaneering International operating margin Enphase Energy revenue growth Oceaneering International revenue growth Enphase Energy free cash flow Oceaneering International free cash flow

Enphase Energy & Oceaneering International appear in these rankings

Highest ROE Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

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 6, 2026.