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.

Compare
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.

Total returnAMD vs ENPH

growth of $100 · dividends reinvested · last 10y
AMD +6882.0% (+52.9%/yr)ENPH +2006.3% (+35.6%/yr)AMD compounded faster over this window
05k10k15k20kStart $10020182020202220242026$6,982$2,106
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

MetricAMDENPH
P/E ratio132.3436.35
Forward P/E67.7418.19
P/S ratio20.383.62
P/B ratio12.524.06
EV / EBITDA88.3625.79
FCF yield1.00%3.18%

Profitability

MetricAMDENPH
Gross margin53.20%46.95%
Operating margin15.71%8.27%
Net margin15.58%10.09%
ROE9.57%11.34%
ROIC7.58%3.82%

Growth (annualized)

MetricAMDENPH
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.

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.