ENPH Stock — Enphase Energy Inc.

Enphase Energy Inc. (ENPH)

Updated October 16, 2026.

ENPH is a Stock. Total return is 317.2% over the past 14.5 years, 279.2 points behind SPY at 596.4%.

Enphase Energy designs and manufactures microinverter systems and related hardware for residential solar installations, along with battery storage, monitoring software, and electric vehicle charging solutions that it sells globally to distributors, installers, and homeowners. The company does not currently pay distributions to shareholders. This growth-oriented technology company appeals primarily to investors seeking capital appreciation rather than income.

ENPH performance versus SPY

Price and return data through 2026-10-16.

Total return is 317.2% over the past 14.5 years, 279.2 points behind SPY at 596.4%. Over the past year its total return — price change plus distributions reinvested — is -18.5%. Its deepest 1-year drawdown was 59.4%.

ENPH key facts

Asset type

Stock

Asset class

Equity

Inception date

03/30/2012

Distribution frequency

None

Last close

$30.62 (as of 2026-10-16)

Market cap

$4,046,269,122

Average volume

7477491.0

Beta

1.633

Payout ratio

0.0%

P/E ratio

30.62

Forward P/E

14.3062

EPS

$1.00

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

ENPH risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 59.4%.

Who may consider ENPH — and who may not

It is a weaker fit for investors who need monthly cash flow (ENPH does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on ENPH

• All tickers starting with E

Tagged: Technology.

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