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ENPH vs. NXT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
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ENPH vs. NXT

Last updated May 16, 2025

Compare and contrast key facts about Enphase Energy, Inc. (ENPH) and Nextracker Inc (NXT).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENPH or NXT.

Correlation

The correlation between ENPH and NXT is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

ENPH vs. NXT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Enphase Energy, Inc. (ENPH) and Nextracker Inc (NXT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ENPH:

-0.87

NXT:

0.50

Sortino Ratio

ENPH:

-1.19

NXT:

1.51

Omega Ratio

ENPH:

0.86

NXT:

1.16

Calmar Ratio

ENPH:

-0.63

NXT:

0.84

Martin Ratio

ENPH:

-1.33

NXT:

1.31

Ulcer Index

ENPH:

41.46%

NXT:

31.02%

Daily Std Dev

ENPH:

65.43%

NXT:

64.67%

Max Drawdown

ENPH:

-95.97%

NXT:

-48.61%

Current Drawdown

ENPH:

-85.20%

NXT:

-0.47%

Fundamentals

Market Cap

ENPH:

$6.33B

NXT:

$8.12B

EPS

ENPH:

$1.09

NXT:

$4.05

PE Ratio

ENPH:

44.28

NXT:

13.59

PEG Ratio

ENPH:

0.56

NXT:

4.82

PS Ratio

ENPH:

4.45

NXT:

2.93

PB Ratio

ENPH:

7.39

NXT:

5.62

Total Revenue (TTM)

ENPH:

$1.42B

NXT:

$2.03B

Gross Profit (TTM)

ENPH:

$678.42M

NXT:

$703.14M

EBITDA (TTM)

ENPH:

$258.01M

NXT:

$473.26M

Returns By Period

In the year-to-date period, ENPH achieves a -27.60% return, which is significantly lower than NXT's 65.90% return.

ENPH

YTD

-27.60%

1M

-6.30%

6M

-21.77%

1Y

-56.94%

5Y*

-3.17%

10Y*

16.64%

NXT

YTD

65.90%

1M

49.38%

6M

52.43%

1Y

31.81%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

ENPH vs. NXT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ENPH
The Risk-Adjusted Performance Rank of ENPH is 1010
Overall Rank
The Sharpe Ratio Rank of ENPH is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of ENPH is 99
Sortino Ratio Rank
The Omega Ratio Rank of ENPH is 1111
Omega Ratio Rank
The Calmar Ratio Rank of ENPH is 1111
Calmar Ratio Rank
The Martin Ratio Rank of ENPH is 1111
Martin Ratio Rank
NXT
The Risk-Adjusted Performance Rank of NXT is 7373
Overall Rank
The Sharpe Ratio Rank of NXT is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of NXT is 7777
Sortino Ratio Rank
The Omega Ratio Rank of NXT is 7171
Omega Ratio Rank
The Calmar Ratio Rank of NXT is 8181
Calmar Ratio Rank
The Martin Ratio Rank of NXT is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ENPH vs. NXT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Enphase Energy, Inc. (ENPH) and Nextracker Inc (NXT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current ENPH Sharpe Ratio is -0.87, which is lower than the NXT Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of ENPH and NXT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Dividends

ENPH vs. NXT - Dividend Comparison

Neither ENPH nor NXT has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ENPH vs. NXT - Drawdown Comparison

The maximum ENPH drawdown since its inception was -95.97%, which is greater than NXT's maximum drawdown of -48.61%. Use the drawdown chart below to compare losses from any high point for ENPH and NXT. For additional features, visit the drawdowns tool.

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Volatility

ENPH vs. NXT - Volatility Comparison

Enphase Energy, Inc. (ENPH) has a higher volatility of 25.65% compared to Nextracker Inc (NXT) at 15.77%. This indicates that ENPH's price experiences larger fluctuations and is considered to be riskier than NXT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Financials

ENPH vs. NXT - Financials Comparison

This section allows you to compare key financial metrics between Enphase Energy, Inc. and Nextracker Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

100.00M200.00M300.00M400.00M500.00M600.00M700.00M20212022202320242025
356.08M
679.36M
(ENPH) Total Revenue
(NXT) Total Revenue
Values in USD except per share items

ENPH vs. NXT - Profitability Comparison

The chart below illustrates the profitability comparison between Enphase Energy, Inc. and Nextracker Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.
Gross Margin
Operating Margin
Net Margin
Quarterly
Annual
10.0%20.0%30.0%40.0%50.0%20212022202320242025
47.3%
35.5%
(ENPH) Gross Margin
(NXT) Gross Margin
ENPH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Enphase Energy, Inc. reported a gross profit of 168.24M and revenue of 356.08M. Therefore, the gross margin over that period was 47.3%.

NXT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Nextracker Inc reported a gross profit of 240.90M and revenue of 679.36M. Therefore, the gross margin over that period was 35.5%.

ENPH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Enphase Energy, Inc. reported an operating income of 31.92M and revenue of 356.08M, resulting in an operating margin of 9.0%.

NXT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Nextracker Inc reported an operating income of 150.24M and revenue of 679.36M, resulting in an operating margin of 22.1%.

ENPH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Enphase Energy, Inc. reported a net income of 29.73M and revenue of 356.08M, resulting in a net margin of 8.4%.

NXT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Nextracker Inc reported a net income of 115.28M and revenue of 679.36M, resulting in a net margin of 17.0%.