Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
45.77
-2.72 (-5.61%)
At close: Feb 26, 2026, 4:00 PM EST
45.59
-0.18 (-0.39%)
After-hours: Feb 26, 2026, 7:59 PM EST

Enphase Energy Statistics

Total Valuation

Enphase Energy has a market cap or net worth of $6.00 billion. The enterprise value is $5.73 billion.

Market Cap6.00B
Enterprise Value 5.73B

Important Dates

The last earnings date was Tuesday, February 3, 2026, after market close.

Earnings Date Feb 3, 2026
Ex-Dividend Date n/a

Share Statistics

Enphase Energy has 131.10 million shares outstanding. The number of shares has decreased by -3.66% in one year.

Current Share Class 131.10M
Shares Outstanding 131.10M
Shares Change (YoY) -3.66%
Shares Change (QoQ) +0.35%
Owned by Insiders (%) 3.05%
Owned by Institutions (%) 98.15%
Float 127.00M

Valuation Ratios

The trailing PE ratio is 35.46 and the forward PE ratio is 20.69.

PE Ratio 35.46
Forward PE 20.69
PS Ratio 4.07
Forward PS 4.82
PB Ratio 5.52
P/TBV Ratio 7.21
P/FCF Ratio 62.57
P/OCF Ratio 43.95
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.99, with an EV/FCF ratio of 59.76.

EV / Earnings 33.30
EV / Sales 3.89
EV / EBITDA 23.99
EV / EBIT 34.81
EV / FCF 59.76

Financial Position

The company has a current ratio of 2.07, with a Debt / Equity ratio of 1.14.

Current Ratio 2.07
Quick Ratio 1.44
Debt / Equity 1.14
Debt / EBITDA 4.96
Debt / FCF 12.97
Interest Coverage 36.42

Financial Efficiency

Return on equity (ROE) is 17.93% and return on invested capital (ROIC) is 17.64%.

Return on Equity (ROE) 17.93%
Return on Assets (ROA) 3.04%
Return on Invested Capital (ROIC) 17.64%
Return on Capital Employed (ROCE) 7.33%
Weighted Average Cost of Capital (WACC) 9.83%
Revenue Per Employee $512,878
Profits Per Employee $59,935
Employee Count2,872
Asset Turnover 0.44
Inventory Turnover 4.52

Taxes

In the past 12 months, Enphase Energy has paid $32.68 million in taxes.

Income Tax 32.68M
Effective Tax Rate 15.96%

Stock Price Statistics

The stock price has decreased by -29.40% in the last 52 weeks. The beta is 1.37, so Enphase Energy's price volatility has been higher than the market average.

Beta (5Y) 1.37
52-Week Price Change -29.40%
50-Day Moving Average 39.11
200-Day Moving Average 37.32
Relative Strength Index (RSI) 54.04
Average Volume (20 Days) 9,121,651

Short Selling Information

The latest short interest is 21.82 million, so 16.64% of the outstanding shares have been sold short.

Short Interest 21.82M
Short Previous Month 25.86M
Short % of Shares Out 16.64%
Short % of Float 17.18%
Short Ratio (days to cover) 4.10

Income Statement

In the last 12 months, Enphase Energy had revenue of $1.47 billion and earned $172.13 million in profits. Earnings per share was $1.29.

Revenue1.47B
Gross Profit 448.30M
Operating Income 164.66M
Pretax Income 204.81M
Net Income 172.13M
EBITDA 238.90M
EBIT 164.66M
Earnings Per Share (EPS) $1.29
Full Income Statement

Balance Sheet

The company has $1.51 billion in cash and $1.24 billion in debt, with a net cash position of $269.07 million or $2.05 per share.

Cash & Cash Equivalents 1.51B
Total Debt 1.24B
Net Cash 269.07M
Net Cash Per Share $2.05
Equity (Book Value) 1.09B
Book Value Per Share 8.29
Working Capital 1.34B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $136.54 million and capital expenditures -$40.64 million, giving a free cash flow of $95.90 million.

Operating Cash Flow 136.54M
Capital Expenditures -40.64M
Free Cash Flow 95.90M
FCF Per Share $0.73
Full Cash Flow Statement

Margins

Gross margin is 30.44%, with operating and profit margins of 11.18% and 11.69%.

Gross Margin 30.44%
Operating Margin 11.18%
Pretax Margin 13.90%
Profit Margin 11.69%
EBITDA Margin 16.22%
EBIT Margin 11.18%
FCF Margin 6.51%

Dividends & Yields

Enphase Energy does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield 3.66%
Shareholder Yield 3.66%
Earnings Yield 2.87%
FCF Yield 1.60%

Analyst Forecast

The average price target for Enphase Energy is $43.48, which is -5.00% lower than the current price. The consensus rating is "Hold".

Price Target $43.48
Price Target Difference -5.00%
Analyst Consensus Hold
Analyst Count 25
Revenue Growth Forecast (5Y) 2.65%
EPS Growth Forecast (5Y) 25.18%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Enphase Energy has an Altman Z-Score of 2.4 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.4
Piotroski F-Score 5