• Enphase Energy average return on investment for 2023 was 25.09, a 52.8% decline from 2022.
• Enphase Energy average return on investment for 2022 was 16.42, a 30.32% increase from 2021.
• Enphase Energy average return on investment for 2021 was 12.6, a 67% increase from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.