ENPH vs CMSC

Comparison between Enphase Energy Inc (ENPH, Company) and CMS Energy Corporation (CMSC, Company).

ENPH is from the Technology sector, while CMSC is from the Utilities sector.

5-Year PerformanceCMSC has outperformed ENPH, delivering a return of +1.5% compared to -20.6%

ENPH vs CMSC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ENPH(COMPANY)	CMSC(COMPANY)
Market Cap	$6.89B	$6.89B
Max Drawdown	95.97%	33.40%
Sharpe Ratio	0.84	0.51
5Y Beta	1.27	0.16
Industry	Solar	Multiline Utilities
P/E Ratio	50.67	6.15
Forward P/E	22.73	N/A
PEG Ratio	N/A	0.99
Dividend Yield	N/A	6.65%
5Y Dividends CAGR	N/A	4.57%
5Y EPS CAGR	6.99%	3.94%
Debt to Equity	51.94%	199.20%
Free Cash Flow Yield	2.11%	-53.87%

Market Cap

Winner

ENPH

$6.89B

CMSC

$6.89B

Max Drawdown

ENPH

95.97%

Winner

CMSC

33.40%

Sharpe Ratio

Winner

ENPH

0.84

CMSC

0.51

5Y Beta

ENPH

1.27

Winner

CMSC

0.16

Industry

ENPH

Solar

CMSC

Multiline Utilities

P/E Ratio

ENPH

50.67

Winner

CMSC

6.15

Forward P/E

ENPH

22.73

CMSC

N/A

PEG Ratio

ENPH

N/A

CMSC

0.99

Dividend Yield

ENPH

N/A

CMSC

6.65%

5Y Dividends CAGR

ENPH

N/A

CMSC

4.57%

5Y EPS CAGR

Winner

ENPH

6.99%

CMSC

3.94%

Debt to Equity

Winner

ENPH

51.94%

CMSC

199.20%

Free Cash Flow Yield

Winner

ENPH

2.11%

CMSC

-53.87%

ENPH vs CMSC - Historical Returns

Returns include dividend reinvestment.

Period	ENPH	CMSC
1 month	+5.21%	-2.65%
3 months	+20.79%	-0.37%
6 months	+58.62%	-0.76%
1 year	+43.71%	+7.63%
5 years(CAGR)	-20.62%	+1.54%
10 years(CAGR)	+37.78%	N/A
Max(CAGR)	+14.81%	+4.22%

Winner

ENPH

+5.21%

CMSC

-2.65%

Winner

ENPH

+20.79%

CMSC

-0.37%

Winner

ENPH

+58.62%

CMSC

-0.76%

Winner

ENPH

+43.71%

CMSC

+7.63%

5Y(CAGR)

ENPH

-20.62%

Winner

CMSC

+1.54%

10Y(CAGR)

ENPH

+37.78%

CMSC

N/A

Max(CAGR)

Winner

ENPH

+14.81%

CMSC

+4.22%

ENPH vs CMSC - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	ENPH	CMSC
2026	+54.90%	-0.63%
2025	-55.09%	+3.88%
2024	-47.67%	-0.89%
2023	-47.83%	+17.46%
2022	+43.65%	-11.50%
2021	+6.21%	-0.02%
2020	+498.06%	+10.47%
2019	+431.10%	+16.28%
2018	+81.92%	-3.45%
2017	+129.52%	N/A
2016	-71.06%	N/A
2015	-75.30%	N/A
2014	+110.77%	N/A
2013	+67.28%	N/A
2012	-50.27%	N/A

ENPH vs CMSC Drawdown Comparison

The maximum drawdown for ENPH was -95.97%, occurring on May 18, 2017. Recovery took 1192 trading sessions.

The maximum drawdown for CMSC was -32.28%, occurring on Mar 18, 2020. Recovery took 208 trading sessions.

The current ENPH drawdown is -84.44%. The current CMSC drawdown is -5.07%.

Rank	ENPH	CMSC
#1	-95.97% Sep 17, 2014 - Jun 13, 2019	-32.28% Sep 27, 2019 - Jul 27, 2020
#2	-92.23% Dec 2, 2022 - Nov 20, 2025	-17.19% Jun 22, 2021 - Nov 30, 2023
#3	-77.44% May 3, 2012 - May 13, 2013	-10.25% Sep 10, 2024 - Aug 25, 2025
#4	-59.40% Feb 21, 2020 - May 11, 2020	-7.07% Feb 20, 2026 - Mar 31, 2026
#5	-55.19% Nov 19, 2021 - Jul 28, 2022	-6.62% Dec 31, 2020 - Jun 17, 2021
#6	-49.38% May 14, 2013 - Jul 14, 2014	-5.54% Jan 31, 2019 - Apr 1, 2019
#7	-48.45% Aug 21, 2019 - Feb 4, 2020	-5.37% Oct 27, 2025 - Feb 18, 2026
#8	-46.38% Jan 7, 2021 - Oct 27, 2021	-5.03% Nov 8, 2018 - Jan 28, 2019
#9	-41.77% May 19, 2020 - Aug 4, 2020	-4.25% Mar 21, 2024 - Aug 14, 2024
#10	-25.81% Sep 14, 2022 - Dec 2, 2022	-3.95% Sep 4, 2019 - Sep 23, 2019
#11	-17.35% Sep 1, 2020 - Sep 29, 2020	-3.59% Aug 14, 2020 - Oct 30, 2020
#12	-16.45% Jul 24, 2014 - Aug 11, 2014	-2.35% Jul 30, 2019 - Aug 20, 2019
#13	-15.54% Oct 20, 2020 - Nov 5, 2020	-1.70% Sep 17, 2025 - Oct 17, 2025
#14	-13.57% Apr 2, 2012 - May 1, 2012	-1.57% Nov 16, 2020 - Dec 9, 2020
#15	-13.35% Jun 18, 2019 - Jul 3, 2019	-1.40% Dec 14, 2023 - Dec 27, 2023