Enphase Energy, Inc. (ENPH) vs QUALCOMM Incorporated (QCOM)
A side-by-side comparison of Enphase Energy, Inc. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: ENPH is classified in Energy; QCOM is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
ENPH
Enphase Energy, Inc.
$36.32EnergyDelayed quote: Jul 28, 2026, 4:00 PM EDT
QCOM
QUALCOMM Incorporated
$162.88TechnologyDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — ENPH vs QCOM
growth of $100 · dividends reinvested · last 14yENPH +439.2%QCOM +272.4%ENPH compounded faster
ENPH QCOM
ENPH vs QCOM: by the numbers
- •QCOM is the larger company ($171.68B vs $4.79B market cap).
- •QCOM trades at the lower trailing earnings multiple (18.24 vs 37.63 P/E), one valuation lens rather than an overall verdict.
- •QCOM converts more revenue to profit (22.31% vs 9.64% net margin).
- •ENPH grew revenue faster over the past five years (9.96% vs 8.63% CAGR).
- •QCOM pays a dividend (2.11% yield), while ENPH has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | ENPH | QCOM |
|---|---|---|
| P/E ratio | 37.63 | 18.24 |
| Forward P/E | 18.71 | 15.79 |
| P/S ratio | 3.57 | 4.10 |
| P/B ratio | 4.53 | 6.68 |
| PEG ratio | 0.34 | 3.18 |
| EV / EBITDA | 29.20 | 14.61 |
| FCF yield | 2.91% | 6.86% |
Profitability
| Metric | ENPH | QCOM |
|---|---|---|
| Gross margin | 44.23% | 54.80% |
| Operating margin | 6.81% | 25.52% |
| Net margin | 9.64% | 22.31% |
| ROE | 12.25% | 36.38% |
| ROIC | 4.79% | 13.15% |
Dividends
| Metric | ENPH | QCOM |
|---|---|---|
| Dividend yield | N/A | 2.11% |
| Payout ratio | N/A | 70.95% |
Growth (annualized)
| Metric | ENPH | QCOM |
|---|---|---|
| Revenue CAGR (5Y) | 9.96% | 8.63% |
| EPS CAGR (5Y) | 4.13% | 5.74% |
| FCF CAGR (5Y) | -8.47% | 9.39% |
| Total return CAGR (5Y) | -27.52% | 6.10% |
Frequently asked
- Which has the lower trailing P/E, ENPH or QCOM?
- QCOM has the lower trailing P/E: ENPH trades at 37.63 and QCOM at 18.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ENPH or QCOM?
- Over the past five years, ENPH grew revenue faster — ENPH at a 9.96% CAGR versus QCOM at 8.63%.
- Does ENPH or QCOM pay a bigger dividend?
- QCOM pays a dividend (2.11% yield), while ENPH has no payments in the available dividend history.
- Is ENPH or QCOM more profitable?
- QCOM runs the higher net margin — ENPH at 9.64% versus QCOM at 22.31%.
- How have ENPH and QCOM total returns compared?
- Over the past 10 years, ENPH delivered 35.05% and QCOM delivered 13.58% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Enphase Energy P/E ratioQUALCOMM P/E ratioEnphase Energy dividend yieldQUALCOMM dividend yieldEnphase Energy ROEQUALCOMM ROEEnphase Energy operating marginQUALCOMM operating marginEnphase Energy revenue growthQUALCOMM revenue growthEnphase Energy free cash flowQUALCOMM free cash flow
Enphase Energy & QUALCOMM 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 July 28, 2026.