Enphase Energy (ENPH) Return on Capital Employed (2012 - 2026)

Enphase Energy's Return on Capital Employed history runs 15 years deep, the most recent figure standing at 3.64% for Q1 2026.

• In Q1 2026, Return on Capital Employed fell 321.0% year-over-year to 3.64%; the TTM figure through Mar 2026 stood at 3.64% (down 321.0% YoY), while the FY2025 annual figure was 7.44%, up 453.0% from the prior year.
• Return on Capital Employed was 3.64% for Q1 2026 at Enphase Energy, down from 7.32% in the prior quarter.
• In the past five years, Return on Capital Employed ranged from a high of 23.52% in Q2 2023 to a low of 0.46% in Q3 2024.
• Historically, Return on Capital Employed has averaged 11.63% across 5 years, with a median of 9.14% in 2025.
• The sharpest annual moves came in 2023 and 2024: Return on Capital Employed jumped 1011 bps in 2023, then tumbled 2194 bps in 2024.
• A 5-year view of Return on Capital Employed shows it stood at 19.9% in 2022, then declined by 24 bps to 15.18% in 2023, then sank by 80 bps to 2.98% in 2024, then soared by 146 bps to 7.32% in 2025, then tumbled by 50 bps to 3.64% in 2026.
• The last three Return on Capital Employed figures came in at 3.64% (Q1 2026), 7.32% (Q4 2025), and 9.14% (Q3 2025), per Business Quant data.