Enphase Energy, Inc. (ENPH)

NASDAQ: ENPH · Real-Time Price · USD

37.25

-2.00 (-5.10%)

At close: Aug 28, 2026, 4:00 PM EDT

37.22

-0.03 (-0.08%)

Pre-market: Aug 31, 2026, 6:36 AM EDT

Enphase Energy Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 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 Capitalization	4,922	4,194	9,279	17,988	36,014	24,681
Market Cap Growth	-0.82%	-54.80%	-48.42%	-50.05%	45.92%	11.34%
Enterprise Value	4,598	3,950	8,845	17,521	35,906	24,330
Last Close Price	37.25	32.05	68.68	132.14	264.96	182.94

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 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
PE Ratio	36.73	24.37	90.39	40.98	90.63	169.69
Forward PE	18.66	15.57	20.07	39.24	52.35	66.66
PS Ratio	3.71	2.85	6.98	7.85	15.45	17.86
PB Ratio	4.16	3.86	11.14	18.29	43.62	57.38
P/TBV Ratio	5.15	5.04	16.68	26.64	73.01	178.13
P/FCF Ratio	32.25	43.73	19.33	30.68	51.57	82.33
P/OCF Ratio	24.05	30.72	18.06	25.82	48.35	70.11
PEG Ratio	-	25.25	0.82	1.70	1.08	1.79

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 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
EV/Sales Ratio	3.46	2.68	6.65	7.65	15.41	17.60
EV/EBITDA Ratio	23.97	16.53	54.24	32.68	70.18	96.71
EV/EBIT Ratio	39.67	23.99	97.79	37.97	79.29	110.22
EV/FCF Ratio	30.13	41.19	18.42	29.88	51.41	81.16

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 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
Debt / Equity Ratio	0.52	1.14	1.60	1.34	1.59	2.45
Debt / EBITDA Ratio	3.03	4.96	7.65	2.41	2.53	4.07
Debt / FCF Ratio	4.02	12.97	2.77	2.25	1.88	3.51
Net Debt / Equity Ratio	-0.27	-0.25	-0.35	-0.38	-0.36	0.09
Net Debt / EBITDA Ratio	-1.69	-1.13	-1.79	-0.70	-0.58	0.15
Net Debt / FCF Ratio	-2.12	-2.81	-0.61	-0.64	-0.43	0.12
Asset Turnover	0.44	0.44	0.40	0.71	0.90	0.84
Inventory Turnover	4.06	4.52	4.54	6.78	12.10	14.25
Quick Ratio	2.53	1.44	2.82	4.11	3.27	3.13
Current Ratio	3.45	2.07	3.53	4.59	3.55	3.33
Return on Equity (ROE)	13.00%	17.93%	11.30%	48.52%	63.29%	31.82%
Return on Assets (ROA)	2.38%	3.04%	1.70%	8.92%	10.96%	8.41%
Return on Invested Capital (ROIC)	11.56%	20.36%	13.46%	69.62%	80.06%	70.96%
Return on Capital Employed (ROCE)	4.90%	7.30%	3.50%	16.20%	18.50%	13.50%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 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
Earnings Yield	2.72%	4.10%	1.11%	2.44%	1.10%	0.59%
FCF Yield	3.10%	2.29%	5.17%	3.26%	1.94%	1.21%
Buyback Yield / Dilution	4.69%	3.66%	2.29%	0.76%	-1.06%	-0.68%

SEC Filings: 10-K · 10-Q