• Enphase Energy average return on assets for 2024 was 4.27, a 73.67% increase from 2023.
• Enphase Energy average return on assets for 2023 was 16.22, a 45.99% decline from 2022.
• Enphase Energy average return on assets for 2022 was 11.11, a 32.26% increase from 2021.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.