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

EQT leads on 15 of 16 compared metrics.

A side-by-side comparison of Enphase Energy, Inc. and EQT Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — ENPH vs EQT

growth of $100 · last 14y
ENPH +643.7%EQT +100.7%ENPH compounded faster
01k2k3k4kStart $1002015201820212024$744$201
ENPH EQT

ENPH vs EQT: by the numbers

  • EQT is the larger company ($32.49B vs $7.19B market cap).
  • EQT trades at the lower earnings multiple (9.62 vs 54.05 P/E).
  • EQT converts more revenue to profit (33.40% vs 9.64% net margin).
  • EQT grew revenue faster over the past five years (26.65% vs 9.96% CAGR).
  • EQT pays a dividend (1.26% yield) while ENPH does not currently pay one.

Which is better, ENPH or EQT?

Metric tally: ENPH 1 · EQT 15

It depends on what you're optimizing for:

ValueEQT(lower P/E)
GrowthEQT(faster 5Y revenue CAGR)
QualityEQT(higher ROIC)

Metrics side by side

Valuation

MetricENPHEQT
P/E ratio54.059.62
Forward P/E23.5711.09
P/S ratio5.123.24
P/B ratio6.501.29
PEG ratio0.340.03
EV / EBITDA35.254.97
FCF yield2.02%12.50%

Profitability

MetricENPHEQT
Gross margin44.23%64.05%
Operating margin6.81%46.73%
Net margin9.64%33.40%
ROE12.25%13.34%
ROIC4.79%6.18%

Dividends

MetricENPHEQT
Dividend yield1.26%
Payout ratio19.59%

Growth (annualized)

MetricENPHEQT
Revenue CAGR (5Y)9.96%26.65%
EPS CAGR (5Y)4.13%-10.45%
FCF CAGR (5Y)-8.47%58.98%
Total return CAGR (5Y)-17.98%19.27%

Frequently asked

Which is better, ENPH or EQT?
It depends on your goal. value: EQT (lower P/E); growth: EQT (faster 5Y revenue CAGR); quality: EQT (higher ROIC). Across all compared metrics, EQT leads 15 to 1.
Is ENPH or EQT cheaper?
On trailing earnings, EQT is cheaper: ENPH trades at a 54.05 P/E and EQT at 9.62.
Which has grown faster, ENPH or EQT?
Over the past five years, EQT grew revenue faster — ENPH at a 9.96% CAGR versus EQT at 26.65%.
Does ENPH or EQT pay a bigger dividend?
EQT pays a dividend (1.26% yield) while ENPH does not currently pay one.
Is ENPH or EQT more profitable?
EQT runs the higher net margin — ENPH at 9.64% versus EQT at 33.40%.
Which has been the better investment, ENPH or EQT?
Over the past 10-year, ENPH delivered the higher annualized total return — ENPH at 38.96% versus EQT at 3.28%. 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 15, 2026.