Enphase Energy (ENPH) Return on Sales [ROS] (2011 - 2026)
Enphase Energy's Return on Sales [ROS] was 2.20% in Q3 2026, down 13.92 percentage points from 16.12% a year earlier and down 15.45 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 4.19% through Sep 30, 2026, down 8.36 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).
- Quarterly Return on Sales [ROS] has moved between -11.05% (Q1 2024) and 23.95% (Q2 2023) over five years.
- 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 +2.09 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 Q3 2026 was 17.65% (Q2 2026), -10.48% (Q1 2026) and 6.54% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 212.47 Bn | 164.72 Bn | 3.11 Bn | 11.03% |
| 2 | Bloom Energy | 56.73 Bn | 46.66 Bn | 417.10 Mn | 18.24% |
| 3 | First Solar | 18.42 Bn | 9.79 Bn | 713.06 Mn | 44.37% |
| 4 | Nextpower | 14.32 Bn | 10.03 Bn | 345.32 Mn | 18.71% |
| 5 | BWX Technologies | 11.27 Bn | 9.04 Bn | 227.14 Mn | 13.86% |
| 6 | Generac Holdings | 11.25 Bn | 9.99 Bn | 516.04 Mn | 12.40% |
| 7 | Innio | 10.93 Bn | 7.17 Bn | 367.70 Mn | 16.58% |
| 8 | EnerSys | 5.13 Bn | 3.44 Bn | 284.35 Mn | 12.15% |
| 9 | Mirion Technologies | 4.30 Bn | 2.71 Bn | 131.50 Mn | 6.19% |
| 10 | Enphase Energy | 3.45 Bn | -863.96 Mn | 127.12 Mn | 2.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.20% |
| 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% |
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();