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).
Total return — ENPH vs EQT
growth of $100 · last 14yENPH +643.7%EQT +100.7%ENPH compounded faster
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 15It depends on what you're optimizing for:
ValueEQT(lower P/E)
GrowthEQT(faster 5Y revenue CAGR)
QualityEQT(higher ROIC)
Metrics side by side
Valuation
| Metric | ENPH | EQT |
|---|---|---|
| P/E ratio | 54.05 | 9.62● |
| Forward P/E | 23.57 | 11.09● |
| P/S ratio | 5.12 | 3.24● |
| P/B ratio | 6.50 | 1.29● |
| PEG ratio | 0.34 | 0.03● |
| EV / EBITDA | 35.25 | 4.97● |
| FCF yield | 2.02% | 12.50%● |
Profitability
| Metric | ENPH | EQT |
|---|---|---|
| Gross margin | 44.23% | 64.05%● |
| Operating margin | 6.81% | 46.73%● |
| Net margin | 9.64% | 33.40%● |
| ROE | 12.25% | 13.34%● |
| ROIC | 4.79% | 6.18%● |
Dividends
| Metric | ENPH | EQT |
|---|---|---|
| Dividend yield | — | 1.26% |
| Payout ratio | — | 19.59% |
Growth (annualized)
| Metric | ENPH | EQT |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Enphase Energy P/E ratioEQT P/E ratioEnphase Energy dividend yieldEQT dividend yieldEnphase Energy ROEEQT ROEEnphase Energy operating marginEQT operating marginEnphase Energy revenue growthEQT revenue growthEnphase Energy free cash flowEQT free cash flow
Enphase Energy & EQT 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 June 15, 2026.