stockrowEnphase Energy, Inc.
ENPH Technology Solar
Enphase Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 10.7% from fiscal 2024.
- Revenue
- −28.5%
- EPS
- −65.3%
- Free cash flow
- −293.2%
- Total debt
- −52.4%
Quarter to September 2026, against a year earlier
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Enphase Energy, Inc. (ENPH) Return on assets
Enphase Energy, Inc.'s return on assets over the twelve months to 30 September 2026 was 2.93%, down 2.2 percentage points from fiscal 2025 (5.09%). Over the past ten years it has ranged from −41.0% (fiscal 2016) to 30.6% (fiscal 2019); the current reading is higher than 55% of that period. That is above the Solar industry median of −3.25% and above the Technology sector median of 0.00%.
Return on assets, annual
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Annual newest first
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 5.09% | 1.99 |
| FY2024 | 3.10% | (10.47) |
| FY2023 | 13.6% | (1.82) |
| FY2022 | 15.4% | 6.52 |
| FY2021 | 8.87% | (5.14) |
| FY2020 | 14.0% | (16.59) |
| FY2019 | 30.6% | 35.17 |
| FY2018 | −4.57% | 22.59 |
| FY2017 | −27.2% | 13.84 |
| FY2016 | −41.0% | (27.10) |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| NXT Nextpower Inc. compare | 14.8% |
| FSLR First Solar, Inc. compare | 13.6% |
| SHLS Shoals Technologies Group, Inc. compare | 4.13% |
| ENPH Enphase Energy, Inc. | 2.93% |
| RUN Sunrun Inc. compare | 2.34% |
| JKS Jinko Holdings Limited - Unsponsored ADR compare | −2.91% |
| DQ DAQO New Energy Corp. compare | −3.58% |
| ARRY Array Technologies, Inc. compare | −9.62% |
| SEDG SolarEdge Technologies, Inc. compare | −10.2% |
| Solar industry median | −3.25% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on ENPH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement