Advanced Micro Devices, Inc. (AMD) vs Enphase Energy, Inc. (ENPH)
A side-by-side comparison of Advanced Micro Devices, Inc. and Enphase Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
Different business models: AMD is classified in Technology; ENPH is classified in Energy. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AMD
Advanced Micro Devices, Inc.
$516.13TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
ENPH
Enphase Energy, Inc.
$36.35EnergyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AMD vs ENPH
growth of $100 · dividends reinvested · last 10yAMD +6882.0% (+52.9%/yr)ENPH +2006.3% (+35.6%/yr)AMD compounded faster over this window
AMD ENPH
AMD vs ENPH: by the numbers
- •AMD is the larger company ($841.60B vs $4.80B market cap).
- •ENPH trades at the lower trailing earnings multiple (36.35 vs 132.34 P/E), one valuation lens rather than an overall verdict.
- •AMD converts more revenue to profit (15.58% vs 10.09% net margin).
- •AMD grew revenue faster over the past five years (25.35% vs 4.60% CAGR).
Metrics side by side
Valuation
| Metric | AMD | ENPH |
|---|---|---|
| P/E ratio | 132.34 | 36.35 |
| Forward P/E | 67.74 | 18.19 |
| P/S ratio | 20.38 | 3.62 |
| P/B ratio | 12.52 | 4.06 |
| EV / EBITDA | 88.36 | 25.79 |
| FCF yield | 1.00% | 3.18% |
Profitability
| Metric | AMD | ENPH |
|---|---|---|
| Gross margin | 53.20% | 46.95% |
| Operating margin | 15.71% | 8.27% |
| Net margin | 15.58% | 10.09% |
| ROE | 9.57% | 11.34% |
| ROIC | 7.58% | 3.82% |
Growth (annualized)
| Metric | AMD | ENPH |
|---|---|---|
| Revenue CAGR (5Y) | 25.35% | 4.60% |
| EPS CAGR (5Y) | 4.92% | 4.13% |
| FCF CAGR (5Y) | 27.78% | -9.69% |
| Total return CAGR (5Y) | 37.43% | -25.28% |
Frequently asked
- Which has the lower trailing P/E, AMD or ENPH?
- ENPH has the lower trailing P/E: AMD trades at 132.34 and ENPH at 36.35. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, AMD or ENPH?
- Over the past five years, AMD grew revenue faster — AMD at a 25.35% CAGR versus ENPH at 4.60%.
- Is AMD or ENPH more profitable?
- AMD runs the higher net margin — AMD at 15.58% versus ENPH at 10.09%.
- How have AMD and ENPH total returns compared?
- Over the past 10 years, AMD delivered 56.35% and ENPH delivered 35.24% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Advanced Micro Devices P/E ratioEnphase Energy P/E ratioAdvanced Micro Devices ROEEnphase Energy ROEAdvanced Micro Devices operating marginEnphase Energy operating marginAdvanced Micro Devices revenue growthEnphase Energy revenue growthAdvanced Micro Devices free cash flowEnphase Energy free cash flow
Advanced Micro Devices & Enphase Energy appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.