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

NRP has the lower trailing P/E: NRP trades at 14.51 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, NRP or OII?

Over the past five years, OII grew revenue faster — NRP at a 7.90% CAGR versus OII at 9.80%.

Does NRP or OII pay a bigger dividend?

NRP pays a dividend (2.74% yield), while OII is a former payer with no current dividend run rate.

Is NRP or OII more profitable?

NRP runs the higher net margin — NRP at 54.00% versus OII at 12.19%.

How have NRP and OII total returns compared?

Over the past 10 years, NRP delivered 28.26% and OII delivered 7.34% annualized total return. Past performance doesn't predict future results.

Natural Resource Partners L.P. (NRP) vs Oceaneering International, Inc. (OII)

A side-by-side comparison of Natural Resource Partners L.P. 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.

NRP

Natural Resource Partners L.P.

$1.51B

$113.72EnergyAt 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 — NRP vs OII

growth of $100 · dividends reinvested · last 10y

NRP +893.9% (+25.8%/yr)OII +103.1% (+7.3%/yr)NRP compounded faster over this window

NRP OII

NRP vs OII: by the numbers

•OII is the larger company ($5.12B vs $1.51B market cap).
•NRP trades at the lower trailing earnings multiple (14.51 vs 14.77 P/E), one valuation lens rather than an overall verdict.
•NRP converts more revenue to profit (54.00% vs 12.19% net margin).
•OII grew revenue faster over the past five years (9.80% vs 7.90% CAGR).
•NRP pays a dividend (2.74% yield), while OII is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	NRP	OII
P/E ratio	14.51	14.77
Forward P/E	25.53	25.07
P/S ratio	7.79	1.80
P/B ratio	2.32	4.42
EV / EBITDA	10.23	13.25
FCF yield	10.59%	4.32%

Profitability

Metric	NRP	OII
Gross margin	81.55%	19.82%
Operating margin	62.58%	10.37%
Net margin	54.00%	12.19%
ROE	16.09%	29.95%
ROIC	16.32%	15.18%

Dividends

Metric	NRP	OII
Dividend yield	2.74%	N/A
Payout ratio	30.65%	N/A

Growth (annualized)

Metric	NRP	OII
Revenue CAGR (5Y)	7.90%	9.80%
FCF CAGR (5Y)	16.63%	10.69%
Total return CAGR (5Y)	48.71%	31.59%

Frequently asked

Which has the lower trailing P/E, NRP or OII?: NRP has the lower trailing P/E: NRP trades at 14.51 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, NRP or OII?: Over the past five years, OII grew revenue faster — NRP at a 7.90% CAGR versus OII at 9.80%.
Does NRP or OII pay a bigger dividend?: NRP pays a dividend (2.74% yield), while OII is a former payer with no current dividend run rate.
Is NRP or OII more profitable?: NRP runs the higher net margin — NRP at 54.00% versus OII at 12.19%.
How have NRP and OII total returns compared?: Over the past 10 years, NRP delivered 28.26% and OII delivered 7.34% annualized total return. Past performance doesn't predict future results.

Go deeper

Full NRP analysis Full OII analysis Interactive comparison tool

Dig into the metrics

Natural Resource Partners L.P. P/E ratio Oceaneering International P/E ratio Natural Resource Partners L.P. dividend yield Natural Resource Partners L.P. ROE Oceaneering International ROE Natural Resource Partners L.P. operating margin Oceaneering International operating margin Natural Resource Partners L.P. revenue growth Oceaneering International revenue growth Natural Resource Partners L.P. free cash flow Oceaneering International free cash flow

Natural Resource Partners L.P. & Oceaneering International appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest Operating Margin Stocks Highest FCF Yield 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.