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	Jul '26 Jul 20, 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	5,201	4,201	9,097	17,934	36,151	24,495
Market Cap Growth	1.56%	-53.82%	-49.28%	-50.39%	47.59%	8.24%
Enterprise Value	4,882	3,893	8,776	17,533	35,829	24,516
Last Close Price	39.46	32.05	68.68	132.14	264.96	182.94
PE Ratio	38.68	24.85	91.57	42.90	95.65	179.35
Forward PE	19.65	15.57	20.07	39.24	52.35	66.66
PEG Ratio	-	25.25	0.82	1.70	1.08	1.79
PS Ratio	3.72	2.85	6.84	7.83	15.51	17.72
PB Ratio	4.72	3.86	10.92	18.23	43.79	56.94
P/TBV Ratio	6.04	5.09	16.61	27.03	74.65	172.92
P/FCF Ratio	35.85	43.81	18.95	30.58	51.77	81.71
P/OCF Ratio	27.23	30.77	17.71	25.74	48.54	69.58
EV/Sales Ratio	3.49	2.64	6.60	7.65	15.37	17.74
EV/EBITDA Ratio	27.25	16.34	55.31	33.69	70.66	99.38
EV/EBIT Ratio	47.05	24.71	113.55	39.33	79.93	113.59
EV/FCF Ratio	33.65	40.59	18.28	29.90	51.30	81.78
Debt / Equity Ratio	0.52	0.53	1.44	1.32	1.45	2.21
Debt / EBITDA Ratio	3.23	5.06	8.21	2.49	2.55	4.21
Debt / FCF Ratio	3.95	12.56	2.71	2.21	1.85	3.46
Net Debt / Equity Ratio	-0.32	-0.28	-0.38	-0.41	-0.39	0.05
Net Debt / EBITDA Ratio	-2.02	-1.29	-2.02	-0.77	-0.64	0.09
Net Debt / FCF Ratio	-2.47	-3.22	-0.67	-0.68	-0.46	0.07
Asset Turnover	0.45	0.44	0.40	0.71	0.90	0.84
Inventory Turnover	2.70	3.47	3.70	6.78	12.10	14.25
Quick Ratio	2.34	1.38	2.80	4.02	3.22	3.07
Current Ratio	3.80	2.07	3.53	4.59	3.55	3.33
Return on Equity (ROE)	12.33%	17.93%	11.30%	48.52%	63.29%	31.82%
Return on Assets (ROA)	2.89%	3.92%	1.99%	11.79%	15.26%	15.83%
Return on Invested Capital (ROIC)	11.81%	20.50%	12.06%	70.25%	82.58%	88.50%
Return on Capital Employed (ROCE)	4.27%	6.51%	2.84%	16.83%	21.94%	18.72%
Earnings Yield	2.60%	4.02%	1.09%	2.33%	1.05%	0.56%
FCF Yield	2.79%	2.28%	5.28%	3.27%	1.93%	1.22%
Buyback Yield / Dilution	4.58%	3.66%	2.29%	0.76%	-1.06%	-0.68%
Total Shareholder Return	4.58%	3.66%	2.29%	0.76%	-1.06%	-0.68%

SEC Filings: 10-K · 10-Q