APA Corporation (APA) vs Enphase Energy, Inc. (ENPH)

APA leads on 16 of 16 compared metrics.

A side-by-side comparison of APA Corporation and Enphase Energy, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — APA vs ENPH

growth of $100 · last 14y
APA -65.9%ENPH +543.3%ENPH compounded faster
Log scale — wide-divergence pair
1101001k10kStart $1002015201820212024$34$643
APA ENPH

APA vs ENPH: by the numbers

  • APA is the larger company ($12.10B vs $6.22B market cap).
  • APA trades at the lower earnings multiple (7.98 vs 46.75 P/E).
  • APA converts more revenue to profit (17.80% vs 9.64% net margin).
  • APA grew revenue faster over the past five years (11.66% vs 9.96% CAGR).
  • APA pays a dividend (2.92% yield) while ENPH does not currently pay one.

Which is better, APA or ENPH?

Metric tally: APA 16 · ENPH 0

It depends on what you're optimizing for:

ValueAPA(lower P/E)
GrowthAPA(faster 5Y revenue CAGR)
QualityAPA(higher ROIC)

Metrics side by side

Valuation

MetricAPAENPH
P/E ratio7.9846.75
Forward P/E7.9620.26
P/S ratio1.414.43
P/B ratio1.885.63
PEG ratio0.080.34
EV / EBITDA2.9027.77
FCF yield12.25%2.34%

Profitability

MetricAPAENPH
Gross margin53.91%44.23%
Operating margin34.63%6.81%
Net margin17.80%9.64%
ROE23.75%12.25%
ROIC9.96%4.79%

Dividends

MetricAPAENPH
Dividend yield2.92%
Payout ratio25.06%

Growth (annualized)

MetricAPAENPH
Revenue CAGR (5Y)11.66%9.96%
EPS CAGR (5Y)69.31%4.13%
FCF CAGR (5Y)22.89%-8.47%
Total return CAGR (5Y)12.57%-22.63%

Frequently asked

Which is better, APA or ENPH?
It depends on your goal. value: APA (lower P/E); growth: APA (faster 5Y revenue CAGR); quality: APA (higher ROIC). Across all compared metrics, APA leads 16 to 0.
Is APA or ENPH cheaper?
On trailing earnings, APA is cheaper: APA trades at a 7.98 P/E and ENPH at 46.75.
Which has grown faster, APA or ENPH?
Over the past five years, APA grew revenue faster — APA at a 11.66% CAGR versus ENPH at 9.96%.
Does APA or ENPH pay a bigger dividend?
APA pays a dividend (2.92% yield) while ENPH does not currently pay one.
Is APA or ENPH more profitable?
APA runs the higher net margin — APA at 17.80% versus ENPH at 9.64%.
Which has been the better investment, APA or ENPH?
Over the past 10-year, ENPH delivered the higher annualized total return — APA at -2.76% versus ENPH at 35.41%. 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 June 24, 2026.