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

PAGP has the lower trailing P/E: OII trades at 12.92 and PAGP at 9.37. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, OII or PAGP?

Over the past five years, PAGP grew revenue faster — OII at a 9.80% CAGR versus PAGP at 11.68%.

Does OII or PAGP pay a bigger dividend?

PAGP pays a dividend (6.21% yield), while OII is a former payer with no current dividend run rate.

Is OII or PAGP more profitable?

OII runs the higher net margin — OII at 12.19% versus PAGP at 1.06%.

How have OII and PAGP total returns compared?

Over the past 10 years, OII delivered 5.27% and PAGP delivered 4.03% annualized total return. Past performance doesn't predict future results.

Oceaneering International, Inc. (OII) vs Plains GP Holdings LP (PAGP)

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

OII

Oceaneering International, Inc.

$4.48B

$44.97EnergyDelayed quote: Oct 6, 2026, 4:00 PM EDT

PAGP

Plains GP Holdings LP

$5.19B

$26.24EnergyDelayed quote: Oct 6, 2026, 4:00 PM EDT

Total return — OII vs PAGP

growth of $100 · dividends reinvested · last 10y

OII +75.9% (+5.8%/yr)PAGP +48.4% (+4.0%/yr)OII compounded faster over this window

OII PAGP

OII vs PAGP: by the numbers

•PAGP is the larger company ($5.19B vs $4.48B market cap).
•PAGP trades at the lower trailing earnings multiple (9.37 vs 12.92 P/E), one valuation lens rather than an overall verdict.
•OII converts more revenue to profit (12.19% vs 1.06% net margin).
•PAGP grew revenue faster over the past five years (11.68% vs 9.80% CAGR).
•PAGP pays a dividend (6.21% yield), while OII is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	OII	PAGP
P/E ratio	12.92	9.37
Forward P/E	21.94	10.84
P/S ratio	1.56	0.10
P/B ratio	3.83	3.29
EV / EBITDA	11.53	5.05
FCF yield	4.99%	N/A

Profitability

Metric	OII	PAGP
Gross margin	19.82%	5.09%
Operating margin	10.37%	3.03%
Net margin	12.19%	1.06%
ROE	29.95%	35.06%
ROIC	15.18%	5.35%

Dividends

Metric	OII	PAGP
Dividend yield	N/A	6.21%
Payout ratio	N/A	58.30%

Growth (annualized)

Metric	OII	PAGP
Revenue CAGR (5Y)	9.80%	11.68%
FCF CAGR (5Y)	10.69%	N/A
Total return CAGR (5Y)	25.04%	28.20%

Frequently asked

Which has the lower trailing P/E, OII or PAGP?: PAGP has the lower trailing P/E: OII trades at 12.92 and PAGP at 9.37. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, OII or PAGP?: Over the past five years, PAGP grew revenue faster — OII at a 9.80% CAGR versus PAGP at 11.68%.
Does OII or PAGP pay a bigger dividend?: PAGP pays a dividend (6.21% yield), while OII is a former payer with no current dividend run rate.
Is OII or PAGP more profitable?: OII runs the higher net margin — OII at 12.19% versus PAGP at 1.06%.
How have OII and PAGP total returns compared?: Over the past 10 years, OII delivered 5.27% and PAGP delivered 4.03% annualized total return. Past performance doesn't predict future results.

Go deeper

Full OII analysis Full PAGP analysis Interactive comparison tool

Dig into the metrics

Oceaneering International P/E ratio Plains GP Holdings LP P/E ratio Plains GP Holdings LP dividend yield Oceaneering International ROE Plains GP Holdings LP ROE Oceaneering International operating margin Plains GP Holdings LP operating margin Oceaneering International revenue growth Plains GP Holdings LP revenue growth Oceaneering International free cash flow Plains GP Holdings LP free cash flow

Oceaneering International & Plains GP Holdings LP appear in these rankings

Highest Dividend Yield Stocks Highest ROE Stocks Highest FCF Yield 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 October 6, 2026.