Enphase Energy, Inc. (ENPH) vs First Solar, Inc. (FSLR)
Enphase Energy, Inc. and First Solar, Inc. are both Solar companies. First Solar, Inc. is the larger, with a market value of $18.7B against $4.4B — 4.3× the size. First Solar, Inc. trades at the lower P/E: 10.9× against 31.8×. First Solar, Inc. grew revenue faster over the last twelve months: 23.8% against −10.4%. First Solar, Inc. has the higher net margin (32.5% vs 10.1%) and the higher return on invested capital (13.1% vs 8.45%). Across the 22 metrics below, First Solar, Inc. leads on 17 and Enphase Energy, Inc. on 5.
Valuation
Profitability
| Metric | ENPH | FSLR | Solar median |
|---|---|---|---|
| Gross margin | 46.95% | 44.02% | 31.92% |
| Operating margin | 8.32% | 33.65% | (9.70%) |
| Net margin | 10.09% | 32.47% | (8.48%) |
| Free cash flow margin | 11.49% | 27.89% | (2.95%) |
| Return on equity | 13.00% | 18.51% | 5.34% |
| Return on assets | 4.40% | 13.30% | (5.36%) |
| Return on invested capital | 8.45% | 13.10% | (5.27%) |
Growth
Health
Dividend
Size
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