Enphase Energy Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 10, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Cap	5,407	4,201	9,097	17,934	36,151	24,495
Market Cap Growth	27.48%	-53.82%	-49.28%	-50.39%	47.59%	8.24%
Enterprise Value	5,083	3,893	8,776	17,533	35,829	24,516
Last Close Price	40.92	32.05	68.68	132.14	264.96	182.94
PE Ratio	40.35	24.85	91.57	42.90	95.65	179.35
Forward PE	20.42	15.57	20.07	39.24	52.35	66.66
PEG Ratio	-	25.25	0.82	1.70	1.08	1.79
PS Ratio	4.07	2.85	6.84	7.83	15.51	17.72
PB Ratio	4.57	3.86	10.92	18.23	43.79	56.94
P/TBV Ratio	5.71	5.09	16.61	27.03	74.65	172.92
P/FCF Ratio	35.43	43.81	18.95	30.58	51.77	81.71
P/OCF Ratio	26.42	30.77	17.71	25.74	48.54	69.58
EV/Sales Ratio	3.83	2.64	6.60	7.65	15.37	17.74
EV/EBITDA Ratio	26.46	16.34	55.31	33.69	70.66	99.38
EV/EBIT Ratio	46.01	24.71	113.55	39.33	79.93	113.59
EV/FCF Ratio	33.30	40.59	18.28	29.90	51.30	81.78
Debt / Equity Ratio	0.48	0.53	1.44	1.32	1.45	2.21
Debt / EBITDA Ratio	2.98	5.06	8.21	2.49	2.55	4.21
Debt / FCF Ratio	3.75	12.56	2.71	2.21	1.85	3.46
Net Debt / Equity Ratio	-0.31	-0.28	-0.38	-0.41	-0.39	0.05
Net Debt / EBITDA Ratio	-1.90	-1.29	-2.02	-0.77	-0.64	0.09
Net Debt / FCF Ratio	-2.39	-3.22	-0.67	-0.68	-0.46	0.07
Asset Turnover	0.41	0.44	0.40	0.71	0.90	0.84
Inventory Turnover	2.46	3.47	3.70	6.78	12.10	14.25
Quick Ratio	2.14	1.38	2.80	4.02	3.22	3.07
Current Ratio	3.45	2.07	3.53	4.59	3.55	3.33
Return on Equity (ROE)	11.81%	17.93%	11.30%	48.52%	63.29%	31.82%
Return on Assets (ROA)	2.81%	3.92%	1.99%	11.79%	15.26%	15.83%
Return on Invested Capital (ROIC)	11.58%	20.50%	12.06%	70.26%	82.58%	88.50%
Return on Capital Employed (ROCE)	4.80%	6.51%	2.84%	16.83%	21.94%	18.72%
Earnings Yield	2.48%	4.02%	1.09%	2.33%	1.05%	0.56%
FCF Yield	2.82%	2.28%	5.28%	3.27%	1.93%	1.22%
Buyback Yield / Dilution	4.69%	3.66%	2.29%	0.76%	-1.06%	-0.68%
Total Shareholder Return	4.69%	3.66%	2.29%	0.76%	-1.06%	-0.68%

SEC Filings: 10-K · 10-Q