Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
40.92
-0.95 (-2.27%)
At close: Aug 10, 2026, 4:00 PM EDT
40.85
-0.07 (-0.17%)
After-hours: Aug 10, 2026, 6:27 PM EDT

Enphase Energy Statistics

Total Valuation

Enphase Energy has a market cap or net worth of $5.41 billion. The enterprise value is $5.08 billion.

Market Cap5.41B
Enterprise Value 5.08B

Important Dates

The last earnings date was Tuesday, July 28, 2026, after market close.

Earnings Date Jul 28, 2026
Ex-Dividend Date n/a

Share Statistics

Enphase Energy has 132.14 million shares outstanding. The number of shares has decreased by -4.69% in one year.

Current Share Class 132.14M
Shares Outstanding 132.14M
Shares Change (YoY) -4.69%
Shares Change (QoQ) +2.88%
Owned by Insiders (%) 2.95%
Owned by Institutions (%) 100.96%
Float 125.75M

Valuation Ratios

The trailing PE ratio is 40.35 and the forward PE ratio is 20.42.

PE Ratio 40.35
Forward PE 20.42
PS Ratio 4.12
Forward PS 4.58
PB Ratio 4.68
P/TBV Ratio 5.73
P/FCF Ratio 35.88
P/OCF Ratio 26.75
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 26.81, with an EV/FCF ratio of 33.75.

EV / Earnings 38.44
EV / Sales 3.88
EV / EBITDA 26.81
EV / EBIT 46.63
EV / FCF 33.75

Financial Position

The company has a current ratio of 3.45, with a Debt / Equity ratio of 0.52.

Current Ratio 3.45
Quick Ratio 2.53
Debt / Equity 0.52
Debt / EBITDA 3.19
Debt / FCF 4.02
Interest Coverage 42.18

Financial Efficiency

Return on equity (ROE) is 13.00% and return on invested capital (ROIC) is 11.56%.

Return on Equity (ROE) 13.00%
Return on Assets (ROA) 2.38%
Return on Invested Capital (ROIC) 11.56%
Return on Capital Employed (ROCE) 4.69%
Weighted Average Cost of Capital (WACC) 12.02%
Revenue Per Employee $462,570
Profits Per Employee $46,666
Employee Count2,872
Asset Turnover 0.44
Inventory Turnover 4.06

Taxes

In the past 12 months, Enphase Energy has paid $29.73 million in taxes.

Income Tax 29.73M
Effective Tax Rate 18.16%

Stock Price Statistics

The stock price has increased by +26.14% in the last 52 weeks. The beta is 1.65, so Enphase Energy's price volatility has been higher than the market average.

Beta (5Y) 1.65
52-Week Price Change +26.14%
50-Day Moving Average 47.15
200-Day Moving Average 40.13
Relative Strength Index (RSI) 48.71
Average Volume (20 Days) 4,723,499

Short Selling Information

The latest short interest is 22.92 million, so 17.34% of the outstanding shares have been sold short.

Short Interest 22.92M
Short Previous Month 23.53M
Short % of Shares Out 17.34%
Short % of Float 18.23%
Short Ratio (days to cover) 3.56

Income Statement

In the last 12 months, Enphase Energy had revenue of $1.33 billion and earned $134.02 million in profits. Earnings per share was $1.01.

Revenue1.33B
Gross Profit 399.04M
Operating Income 115.91M
Pretax Income 163.76M
Net Income 134.02M
EBITDA 192.13M
EBIT 110.47M
Earnings Per Share (EPS) $1.01
Full Income Statement

Balance Sheet

The company has $937.71 million in cash and $613.37 million in debt, with a net cash position of $324.34 million or $2.45 per share.

Cash & Cash Equivalents 937.71M
Total Debt 613.37M
Net Cash 324.34M
Net Cash Per Share $2.45
Equity (Book Value) 1.18B
Book Value Per Share 8.94
Working Capital 1.39B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $204.69 million and capital expenditures -$52.06 million, giving a free cash flow of $152.63 million.

Operating Cash Flow 204.69M
Capital Expenditures -52.06M
Depreciation & Amortization 75.89M
Net Borrowing -632.50M
Free Cash Flow 152.63M
FCF Per Share $1.16
Full Cash Flow Statement

Margins

Gross margin is 30.04%, with operating and profit margins of 8.72% and 10.09%.

Gross Margin 30.04%
Operating Margin 8.72%
Pretax Margin 12.33%
Profit Margin 10.09%
EBITDA Margin 14.46%
EBIT Margin 8.32%
FCF Margin 11.49%

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 4.69%
Shareholder Yield 4.69%
Earnings Yield 2.45%
FCF Yield 2.79%

Analyst Forecast

The average price target for Enphase Energy is $47.01, which is 14.88% higher than the current price. The consensus rating is "Buy".

Price Target $47.01
Price Target Difference 14.88%
Analyst Consensus Buy
Analyst Count 31
Revenue Growth Forecast (3Y) -1.60%
EPS Growth Forecast (3Y) -2.02%
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 2.84 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.84
Piotroski F-Score 5