Which has the lower trailing P/E, ENPH or NXT?

NXT has the lower trailing P/E: ENPH trades at 38.61 and NXT at 22.33. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, ENPH or NXT?

Over the past five years, NXT grew revenue faster — ENPH at a 4.60% CAGR versus NXT at 23.94%.

Is ENPH or NXT more profitable?

NXT runs the higher net margin — ENPH at 10.09% versus NXT at 16.36%.

Enphase Energy, Inc. (ENPH) vs Nextpower Inc. (NXT)

A side-by-side comparison of Enphase Energy, Inc. and Nextpower Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.

ENPH

Enphase Energy, Inc.

$5.10B

$38.61EnergyAt close: Aug 21, 2026, 4:00 PM ET

NXT

Nextpower Inc.

$13.07B

$86.18EnergyAt close: Aug 21, 2026, 4:00 PM ET

Total return — ENPH vs NXT

growth of $100 · dividends reinvested · last 4y

ENPH -82.4% (-35.2%/yr)NXT +177.9% (+29.1%/yr)NXT compounded faster over this window

Log scale — wide-divergence pair

ENPH NXT

ENPH vs NXT: by the numbers

•NXT is the larger company ($13.07B vs $5.10B market cap).
•NXT trades at the lower trailing earnings multiple (22.33 vs 38.61 P/E), one valuation lens rather than an overall verdict.
•NXT converts more revenue to profit (16.36% vs 10.09% net margin).
•NXT grew revenue faster over the past five years (23.94% vs 4.60% CAGR).

Metrics side by side

Valuation

Metric	ENPH	NXT
P/E ratio	38.61	22.33
Forward P/E	19.33	19.72
P/S ratio	3.86	3.68
P/B ratio	4.34	5.23
EV / EBITDA	27.50	16.46
FCF yield	2.98%	4.12%

Profitability

Metric	ENPH	NXT
Gross margin	46.95%	33.38%
Operating margin	8.27%	19.42%
Net margin	10.09%	16.36%
ROE	11.34%	23.23%
ROIC	3.82%	18.50%

Growth (annualized)

Metric	ENPH	NXT
Revenue CAGR (5Y)	4.60%	23.94%
EPS CAGR (5Y)	4.13%	4.16%
FCF CAGR (5Y)	-9.69%	55.47%
Total return CAGR (5Y)	-25.29%	N/A

Frequently asked

Which has the lower trailing P/E, ENPH or NXT?: NXT has the lower trailing P/E: ENPH trades at 38.61 and NXT at 22.33. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ENPH or NXT?: Over the past five years, NXT grew revenue faster — ENPH at a 4.60% CAGR versus NXT at 23.94%.
Is ENPH or NXT more profitable?: NXT runs the higher net margin — ENPH at 10.09% versus NXT at 16.36%.

Go deeper

Full ENPH analysis Full NXT analysis Interactive comparison tool

Dig into the metrics

Enphase Energy P/E ratio Nextpower P/E ratio Enphase Energy ROE Nextpower ROE Enphase Energy operating margin Nextpower operating margin Enphase Energy revenue growth Nextpower revenue growth Enphase Energy free cash flow Nextpower free cash flow

Enphase Energy & Nextpower appear in these rankings

Fastest Revenue Growth Stocks Highest ROIC Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

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 August 23, 2026.