Enphase Energy (ENPH) vs PTC (PTC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
PTC (PTC) has outperformed Enphase Energy (ENPH) over the past year, losing 4.8% versus a loss of 7.6%. Over five years, PTC leads with a +56.9% price change compared with -80.6% for ENPH. PTC is the larger company by market cap ($21.05 billion vs $4.35 billion), about 4.8 times the size.
On valuation, Enphase Energy trades at a lower forward P/E (15.0x vs 21.7x for PTC). PTC converts more of its revenue into profit, with a net margin of 26.8% versus 11.7%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ENPH | PTC |
|---|---|---|
| Share price | $32.91 | $193.73 |
| Market cap | $4.35B | $21.05B |
| 1-day change | -1.76% | +0.07% |
| YTD return | +4.52% | +11.20% |
| 1-year return | -7.64% | -4.77% |
| 5-year return | -80.63% | +56.87% |
| P/E ratio (TTM) | 32.91 | 18.79 |
| Forward P/E | 15.02 | 21.72 |
| EPS (TTM) | $1.00 | $10.31 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $1.47B | $2.74B |
| Revenue growth (YoY) | +10.72% | +19.18% |
| Net income (latest FY) | $172.13M | $734.00M |
| Gross margin | 46.64% | 83.76% |
| Operating margin | 10.69% | 35.86% |
| Net margin | 11.69% | 26.80% |
| 52-week high | $73.74 | $206.82 |
| 52-week low | $25.78 | $108.50 |
| Distance from 52-week high | -55.37% | -6.33% |
| Analyst consensus | buy | hold |
| Avg. price target upside | +56.06% | +1.52% |
| Average volume | 4.40M | 2.12M |
| Shares outstanding | 132.14M | 108.63M |
| Employees | 2,872 | 7,000 |
| Sector | Technology | Technology |
| Industry | Semiconductors | Computer Software: Prepackaged Software |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PTC is about 4.8 times larger than Enphase Energy by market value ($21.05B vs $4.35B).
- Enphase Energy trades at a higher earnings multiple (32.9x vs 18.8x trailing P/E).
- PTC is more profitable, keeping 26.8 cents of every revenue dollar as net income versus 11.7 cents for Enphase Energy.
- PTC grew revenue faster in its latest fiscal year (+19.18% vs +10.72%).
About Enphase Energy
ENPH stock →Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.
Technology · Semiconductors · 2,872 employees
About PTC
PTC stock →PTC Inc. operates as software company in the Americas, Europe, and the Asia Pacific.
Technology · Computer Software: Prepackaged Software · 7,000 employees
ENPH vs PTC FAQ
Which is bigger, Enphase Energy or PTC?
PTC (PTC) is larger, with a market capitalization of $21.05B compared with $4.35B for Enphase Energy (ENPH).
Which stock has performed better over the past year, ENPH or PTC?
PTC returned -4.77% over the past 12 months, compared with -7.64% for ENPH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ENPH or PTC?
PTC has the lower trailing P/E at 18.8, versus 32.9 for ENPH. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Are Enphase Energy and PTC in the same industry?
Both are in the Technology sector, but in different industries: Semiconductors for Enphase Energy and Computer Software: Prepackaged Software for PTC.