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
Follow ENPH
Alert me
Enphase Energy, Inc. (ENPH) Return on equity
Enphase Energy, Inc.'s return on equity over the twelve months to 30 September 2026 was 8.12%, down 9.8 percentage points from fiscal 2025 (17.9%). Over the past ten years it has ranged from −315.6% (fiscal 2016) to 1,722.5% (fiscal 2018); the current reading is higher than 36% of that period. That is above the Solar industry median of 7.14% and above the Technology sector median of 0.00%.
Return on equity, annual
Embed this chart
Annual newest first
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 17.9% | 6.63 |
| FY2024 | 11.3% | (37.22) |
| FY2023 | 48.5% | (14.77) |
| FY2022 | 63.3% | 31.47 |
| FY2021 | 31.8% | (3.62) |
| FY2020 | 35.4% | (79.67) |
| FY2019 | 115.1% | (1,607.41) |
| FY2018 | 1,722.5% | 567.60 |
| FY2017 | 1,154.9% | 1,470.54 |
| FY2016 | −315.6% | (265.66) |
Against its own ten years
Return on equity against peers
| Company | Return on equity |
|---|---|
| ARRY Array Technologies, Inc. compare | 108.4% |
| NXT Nextpower Inc. compare | 26.5% |
| FSLR First Solar, Inc. compare | 18.7% |
| RUN Sunrun Inc. compare | 12.6% |
| ENPH Enphase Energy, Inc. | 8.12% |
| SHLS Shoals Technologies Group, Inc. compare | 6.16% |
| DQ DAQO New Energy Corp. compare | 0.00% |
| JKS Jinko Holdings Limited - Unsponsored ADR compare | 0.00% |
| SEDG SolarEdge Technologies, Inc. compare | −50.6% |
| Solar industry median | 7.14% |
| Technology sector median | 0.00% |
| Market median | 0.51% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (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 assets
- 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