Which has grown faster, ENPH or SEDG?

Over the past five years, ENPH grew revenue faster — ENPH at a 4.60% CAGR versus SEDG at -3.37%.

Is ENPH or SEDG more profitable?

ENPH runs the higher net margin — ENPH at 10.09% versus SEDG at -20.29%.

How have ENPH and SEDG total returns compared?

Over the past 10 years, ENPH delivered 36.66% and SEDG delivered 5.88% annualized total return. Past performance doesn't predict future results.

Enphase Energy, Inc. (ENPH) vs SolarEdge Technologies, Inc. (SEDG)

A side-by-side comparison of Enphase Energy, Inc. and SolarEdge Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 16, 2026. Differences are shown without an overall score or investment verdict.

ENPH

Enphase Energy, Inc.

$5.35B

$40.48EnergyAt close: Aug 14, 2026, 4:00 PM ET

SEDG

SolarEdge Technologies, Inc.

$1.97B

$32.42EnergyAt close: Aug 14, 2026, 4:00 PM ET

Total return — ENPH vs SEDG

growth of $100 · dividends reinvested · last 10y

ENPH +2041.8% (+35.9%/yr)SEDG +80.0% (+6.1%/yr)ENPH compounded faster over this window

Log scale — wide-divergence pair

ENPH SEDG

ENPH vs SEDG: by the numbers

•ENPH is the larger company ($5.35B vs $1.97B market cap).
•ENPH is profitable (10.09% net margin) while SEDG runs a net loss (-20.29%).
•ENPH grew revenue faster over the past five years (4.60% vs -3.37% CAGR).

Metrics side by side

Valuation

Metric	ENPH	SEDG
P/E ratio	40.48	N/A
Forward P/E	19.95	N/A
P/S ratio	4.05	1.50
P/B ratio	4.55	4.84
EV / EBITDA	28.81	N/A
FCF yield	2.84%	4.51%

Profitability

Metric	ENPH	SEDG
Gross margin	46.95%	22.16%
Operating margin	8.27%	-24.07%
Net margin	10.09%	-20.29%
ROE	11.34%	-65.59%
ROIC	4.79%	-20.68%

Growth (annualized)

Metric	ENPH	SEDG
Revenue CAGR (5Y)	4.60%	-3.37%
EPS CAGR (5Y)	4.13%	-25.68%
FCF CAGR (5Y)	-9.69%	-3.36%
Total return CAGR (5Y)	-25.37%	-35.22%

Frequently asked

Which has grown faster, ENPH or SEDG?: Over the past five years, ENPH grew revenue faster — ENPH at a 4.60% CAGR versus SEDG at -3.37%.
Is ENPH or SEDG more profitable?: ENPH runs the higher net margin — ENPH at 10.09% versus SEDG at -20.29%.
How have ENPH and SEDG total returns compared?: Over the past 10 years, ENPH delivered 36.66% and SEDG delivered 5.88% annualized total return. Past performance doesn't predict future results.

Go deeper

Full ENPH analysis Full SEDG analysis Interactive comparison tool

Dig into the metrics

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

Enphase Energy & SolarEdge Technologies appear in these rankings

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 16, 2026.