• Enphase Energy average return on equity for 2023 was 60.47, a 12.94% decline from 2022.
• Enphase Energy average return on equity for 2022 was 53.54, a 106.16% increase from 2021.
• Enphase Energy average return on equity for 2021 was 25.97, a 58.99% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.