Enphase Energy, Inc. (BIT:1ENPH)

Enphase Energy Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 5, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Cap	4,809	3,621	7,840	15,456	31,156	21,110
Market Cap Growth	-42.17%	-53.82%	-49.28%	-50.39%	47.59%	8.24%
Enterprise Value	4,578	3,355	7,564	15,110	30,878	21,128
PE Ratio	32.80	24.84	91.57	42.90	95.65	179.35
Forward PE	19.07	15.57	20.07	39.24	52.35	66.66
PS Ratio	3.83	2.85	6.84	7.83	15.51	17.72
PB Ratio	5.19	3.86	10.92	18.23	43.79	56.94
P/TBV Ratio	4.55	3.98	11.54	19.25	46.34	60.76
P/FCF Ratio	58.88	43.81	18.95	30.58	51.77	81.71
P/OCF Ratio	41.35	30.77	17.71	25.74	48.54	69.58
EV/Sales Ratio	3.61	2.64	6.60	7.65	15.37	17.74
EV/EBITDA Ratio	21.22	16.34	55.31	33.69	70.66	99.38
EV/EBIT Ratio	32.33	24.71	113.55	39.33	79.93	113.59
EV/FCF Ratio	56.05	40.59	18.28	29.90	51.30	81.78
Debt / Equity Ratio	1.11	1.11	1.56	1.32	1.56	2.41
Debt / EBITDA Ratio	5.06	5.06	8.21	2.49	2.55	4.21
Debt / FCF Ratio	12.56	12.56	2.71	2.21	1.85	3.46
Net Debt / Equity Ratio	-0.28	-0.28	-0.38	-0.41	-0.39	0.05
Net Debt / EBITDA Ratio	-1.29	-1.29	-2.02	-0.77	-0.64	0.09
Net Debt / FCF Ratio	-3.22	-3.22	-0.67	-0.68	-0.46	0.07
Asset Turnover	0.44	0.44	0.40	0.71	0.90	0.84
Inventory Turnover	3.47	3.47	3.70	6.78	12.10	14.25
Quick Ratio	1.38	1.38	2.80	4.02	3.22	3.07
Current Ratio	2.07	2.07	3.53	4.59	3.55	3.33
Return on Equity (ROE)	17.93%	17.93%	11.30%	48.52%	63.29%	31.82%
Return on Assets (ROA)	3.92%	3.92%	1.99%	11.79%	15.26%	15.83%
Return on Invested Capital (ROIC)	9.08%	9.08%	4.98%	32.31%	42.80%	44.66%
Return on Capital Employed (ROCE)	6.51%	6.51%	2.84%	16.83%	21.94%	18.72%
Earnings Yield	3.05%	4.02%	1.09%	2.33%	1.05%	0.56%
FCF Yield	1.70%	2.28%	5.28%	3.27%	1.93%	1.22%
Buyback Yield / Dilution	3.32%	3.32%	5.06%	2.88%	0.05%	2.13%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.