Seasonality
ENPH seasonality — Enphase Energy
Over the last 11 years, ENPH's strongest month on average has been May (+21.9%) and its weakest April (-7.6%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +6.14% | -2.40% | 50% | +52.9% | -23.2% | 10 |
| Feb | +19.05% | +19.40% | 70% | +55.4% | -8.0% | 10 |
| Mar | -1.21% | -2.43% | 40% | +37.6% | -34.1% | 10 |
| Apr | -7.56% | -12.98% | 20% | +45.0% | -28.1% | 10 |
| May | +21.91% | +16.48% | 80% | +107.4% | -36.1% | 10 |
| Jun | +0.92% | +0.59% | 50% | +28.4% | -28.0% | 10 |
| Jul | +9.05% | +5.65% | 60% | +54.4% | -23.8% | 10 |
| Aug | +0.78% | -0.67% | 50% | +27.9% | -17.8% | 10 |
| Sep | +0.22% | -5.58% | 20% | +65.2% | -25.1% | 10 |
| Oct | -3.08% | -9.49% | 40% | +54.5% | -33.8% | 10 |
| Nov | +20.01% | +12.56% | 78% | +89.5% | -14.1% | 9 |
| Dec | +0.28% | -6.78% | 40% | +30.8% | -26.8% | 10 |
Monthly returns heat map — ENPH
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 15.4 | 14.3 | -10.6 | -12.8 | 107.4 | -28.0 | -23.8 | -3.0 | -9.4 | -22.2 | 11.0 | -11.2% | |
| 2025 | -9.3 | -8.0 | 8.2 | -28.1 | -7.2 | -4.2 | -18.4 | 16.5 | -6.1 | -13.8 | -5.4 | 11.1 | -53.3% |
| 2024 | -21.2 | 22.0 | -4.8 | -10.1 | 17.6 | -22.0 | 15.4 | 5.2 | -6.6 | -26.5 | -14.1 | -3.7 | -48.0% |
| 2023 | -16.4 | -4.9 | -0.1 | -21.9 | 5.9 | -3.7 | -9.3 | -16.7 | -5.0 | -33.8 | 26.9 | 30.8 | -50.1% |
| 2022 | -23.2 | 18.7 | 21.0 | -20.0 | 15.4 | 4.9 | 45.5 | 0.8 | -3.1 | 10.6 | 4.4 | -17.4 | +44.8% |
| 2021 | 3.9 | -3.5 | -7.9 | -14.1 | 2.7 | 28.4 | 3.2 | -8.4 | -13.7 | 54.5 | 7.9 | -26.8 | +4.3% |
| 2020 | 20.6 | 55.4 | -34.1 | 45.0 | 24.3 | -18.2 | 26.9 | 27.9 | 6.9 | 18.8 | 39.2 | 28.5 | +571.5% |
| 2019 | 52.9 | 25.4 | 1.8 | 8.8 | 51.1 | 20.2 | 54.4 | 5.4 | -25.1 | -12.6 | 12.6 | 19.5 | +452.4% |
| 2018 | -8.7 | 50.9 | 37.6 | -9.2 | 38.1 | 17.4 | -11.6 | -17.8 | -0.8 | -6.4 | 18.9 | -12.4 | +96.3% |
| 2017 | 47.5 | 20.1 | -23.5 | -13.1 | -36.1 | 14.5 | 8.1 | -2.1 | 65.2 | 0.7 | 89.5 | -16.9 | +138.6% |
| 2016 | -9.8 |