Which has grown faster, ENPH or SOL?

Over the past five years, ENPH grew revenue faster — ENPH at a 9.96% CAGR versus SOL at -3.16%.

Is ENPH or SOL more profitable?

ENPH runs the higher net margin — ENPH at 9.64% versus SOL at -7.48%.

Which has been the better investment, ENPH or SOL?

Over the past 10-year, ENPH delivered the higher annualized total return — ENPH at 38.96% versus SOL at -11.38%. Past performance doesn't predict future results.

Enphase Energy, Inc. (ENPH) vs Emeren Group, Ltd. (SOL)

ENPH leads on 8 of 13 compared metrics.

A side-by-side comparison of Enphase Energy, Inc. and Emeren Group, Ltd. 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 SOL

growth of $100 · last 14y

ENPH +338.4%SOL -83.2%ENPH compounded faster

Log scale — wide-divergence pair

ENPH SOL

ENPH vs SOL: by the numbers

•ENPH is the larger company ($7.19B vs $996M market cap).
•ENPH is profitable (9.64% net margin) while SOL runs a net loss (-7.48%).
•ENPH grew revenue faster over the past five years (9.96% vs -3.16% CAGR).

Which is better, ENPH or SOL?

Metric tally: ENPH 8 · SOL 5

It depends on what you're optimizing for:

GrowthENPH(faster 5Y revenue CAGR)

QualityENPH(higher ROIC)

Metrics side by side

Valuation

Metric	ENPH	SOL
P/E ratio	54.05	—
Forward P/E	23.57	9.46●
P/S ratio	5.12	1.40●
P/B ratio	6.50	0.32●
PEG ratio	0.34	—
EV / EBITDA	35.25	—
FCF yield	2.02%	33.90%●

Profitability

Metric	ENPH	SOL
Gross margin	44.23%●	33.95%
Operating margin	6.81%●	-49.82%
Net margin	9.64%●	-7.48%
ROE	12.25%●	-1.72%
ROIC	4.79%●	-0.12%

Growth (annualized)

Metric	ENPH	SOL
Revenue CAGR (5Y)	9.96%●	-3.16%
EPS CAGR (5Y)	4.13%●	-42.24%
FCF CAGR (5Y)	-8.47%	8.97%●
Total return CAGR (5Y)	-17.98%●	-18.92%

Frequently asked

Which is better, ENPH or SOL?: It depends on your goal. growth: ENPH (faster 5Y revenue CAGR); quality: ENPH (higher ROIC). Across all compared metrics, ENPH leads 8 to 5.
Which has grown faster, ENPH or SOL?: Over the past five years, ENPH grew revenue faster — ENPH at a 9.96% CAGR versus SOL at -3.16%.
Is ENPH or SOL more profitable?: ENPH runs the higher net margin — ENPH at 9.64% versus SOL at -7.48%.
Which has been the better investment, ENPH or SOL?: Over the past 10-year, ENPH delivered the higher annualized total return — ENPH at 38.96% versus SOL at -11.38%. Past performance doesn't predict future results.

Go deeper

Full ENPH analysis Full SOL analysis Interactive comparison tool

Dig into the metrics

Enphase Energy P/E ratio Emeren P/E ratio Enphase Energy dividend yield Emeren dividend yield Enphase Energy ROE Emeren ROE Enphase Energy operating margin Emeren operating margin Enphase Energy revenue growth Emeren revenue growth Enphase Energy free cash flow Emeren free cash flow

Enphase Energy & Emeren appear in these rankings

Highest FCF Yield Stocks Best 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 June 15, 2026.