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.

• On a quarterly basis, Return on Capital Employed fell 321.0% year-over-year to 3.64% in Q1 2026; TTM through Mar 2026 was 3.64%, a 321.0% decrease from a year earlier, with the FY2025 full-year figure at 7.44%, up 453.0% from the prior year.
• Return on Capital Employed eased to 3.64% in Q1 2026 per ENPH's latest filing, from 7.32% in the prior quarter.
• Across five years, Return on Capital Employed topped out at 23.52% in Q2 2023 and bottomed at 0.46% in Q3 2024.
• The 5-year median for Return on Capital Employed is 9.14% (2025), against an average of 11.63%.
• Across the five-year window, Return on Capital Employed soared 1011 bps in 2023 and tumbled 2194 bps in 2024, its largest moves.
• Year by year, Return on Capital Employed stood at 19.9% in 2022, then declined by 24 bps to 15.18% in 2023, then tumbled by 80 bps to 2.98% in 2024, then soared by 146 bps to 7.32% in 2025, then sank by 50 bps to 3.64% in 2026.
• Per Business Quant, the three latest ENPH Return on Capital Employed figures stand at 3.64% (Q1 2026), 7.32% (Q4 2025), and 9.14% (Q3 2025).