Enphase Energy (ENPH) Return on Sales [ROS] (2011 - 2026)
Enphase Energy's Return on Sales [ROS] was 17.65% in Q2 2026, up 7.46 percentage points from 10.19% a year earlier and up 28.13 percentage points from the prior quarter.
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Analysis
Enphase Energy (ENPH) Return on Sales [ROS] (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Enphase Energy's Return on Sales [ROS] was 8.32% through Jun 30, 2026, down 3.39 percentage points year-over-year; for FY2025, it came in at 10.69%, up 4.88 percentage points from FY2024.
- Return on Sales [ROS] shows a five-year change of -13.38 percentage points (FY2020 to FY2025).
- In earlier years, Return on Sales [ROS] was 5.81% in FY2024 (-13.65 pp), 19.46% in FY2023 (+0.23 pp), 19.23% in FY2022 (+3.61 pp) and 15.62% in FY2021 (-8.46 pp).
- The Q2 2026 figure marks the highest quarterly Return on Sales [ROS] since Q3 2023.
- Compared with a year earlier, Return on Sales [ROS] was higher in five of the last eight quarters, with an average year-over-year change of +2.78 percentage points.
- The best year-over-year quarter for Return on Sales [ROS] over five years was Q1 2025 (a gain of 20.01 percentage points); the worst was Q1 2024 (a drop of 34.14 percentage points).
- Per Business Quant data, ENPH's Return on Sales [ROS] in the three quarters before Q2 2026 was -10.48% (Q1 2026), 6.54% (Q4 2025) and 16.12% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn | 42.64% |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn | 17.93% |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn | 20.41% |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 12.66% |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn | 6.71% |
| 10 | Nuscale Power | 3.18 Bn | 3.13 Bn | -152,000.00 | -85,337.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.65% |
| Mar 31, 2026 | -10.48% |
| Dec 31, 2025 | 6.54% |
| Sep 30, 2025 | 16.12% |
| Jun 30, 2025 | 10.19% |
| Mar 31, 2025 | 8.96% |
| Dec 31, 2024 | 14.32% |
| Sep 30, 2024 | 13.07% |
| Jun 30, 2024 | 0.59% |
| Mar 31, 2024 | -11.05% |
| Dec 31, 2023 | -3.38% |
| Sep 30, 2023 | 21.41% |
| Jun 30, 2023 | 23.95% |
| Mar 31, 2023 | 23.09% |
| Dec 31, 2022 | 21.66% |
| Sep 30, 2022 | 21.34% |
| Jun 30, 2022 | 17.74% |
| Mar 31, 2022 | 14.01% |
| Dec 31, 2021 | 13.98% |
| Sep 30, 2021 | 10.63% |
API Access
Enphase Energy Return on Sales [ROS] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-sales-%5Bros%5D&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();