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

Enphase Energy's Return on Invested Capital history runs 15 years deep, the most recent figure standing at 0.0% for Q1 2026.

• On a quarterly basis, Return on Invested Capital changed 0.0% year-over-year to 0.0% in Q1 2026; TTM through Mar 2026 was 0.0%, a 0.0% change from a year earlier, with the FY2025 full-year figure at 0.0%, changed N/A from the prior year.
• Return on Invested Capital retreated to 0.0% in Q1 2026 per ENPH's latest filing, from 0.0% in the prior quarter.
• Across five years, Return on Invested Capital topped out at 0.01% in Q2 2023 and bottomed at 0.0% in Q1 2026.
• The 5-year median for Return on Invested Capital is 0.01% (2022), against an average of 0.01%.
• Across the five-year window, Return on Invested Capital climbed 1 bps in 2022 and declined 1 bps in 2024, its largest moves.
• Year by year, Return on Invested Capital stood at 0.01% in 2022, then climbed by 5 bps to 0.01% in 2023, then slumped by 84 bps to 0.0% in 2024, then slumped by 69 bps to 0.0% in 2025, then slumped by 31 bps to 0.0% in 2026.
• Per Business Quant, the three latest ENPH Return on Invested Capital figures stand at 0.0% (Q1 2026), 0.0% (Q4 2025), and 0.0% (Q3 2025).