Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
56.07
-12.32 (-18.01%)
At close: Jun 5, 2026, 4:00 PM EDT
57.19
+1.12 (2.00%)
Pre-market: Jun 8, 2026, 5:05 AM EDT

Enphase Energy Statistics

Total Valuation

Enphase Energy has a market cap or net worth of $7.39 billion. The enterprise value is $7.07 billion.

Market Cap7.39B
Enterprise Value 7.07B

Important Dates

The next estimated earnings date is Tuesday, July 21, 2026, after market close.

Earnings Date Jul 21, 2026
Ex-Dividend Date n/a

Share Statistics

Enphase Energy has 131.80 million shares outstanding. The number of shares has decreased by -4.58% in one year.

Current Share Class 131.80M
Shares Outstanding 131.80M
Shares Change (YoY) -4.58%
Shares Change (QoQ) -1.59%
Owned by Insiders (%) 2.96%
Owned by Institutions (%) 99.61%
Float 127.80M

Valuation Ratios

The trailing PE ratio is 54.96 and the forward PE ratio is 27.70.

PE Ratio 54.96
Forward PE 27.70
PS Ratio 5.28
Forward PS 6.23
PB Ratio 6.70
P/TBV Ratio 8.48
P/FCF Ratio 50.94
P/OCF Ratio 38.69
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 39.47, with an EV/FCF ratio of 48.75.

EV / Earnings 52.38
EV / Sales 5.05
EV / EBITDA 39.47
EV / EBIT 68.15
EV / FCF 48.75

Financial Position

The company has a current ratio of 3.80, with a Debt / Equity ratio of 0.56.

Current Ratio 3.80
Quick Ratio 2.71
Debt / Equity 0.56
Debt / EBITDA 3.20
Debt / FCF 4.22
Interest Coverage 33.39

Financial Efficiency

Return on equity (ROE) is 14.11% and return on invested capital (ROIC) is 12.14%.

Return on Equity (ROE) 14.11%
Return on Assets (ROA) 2.22%
Return on Invested Capital (ROIC) 12.14%
Return on Capital Employed (ROCE) 4.63%
Weighted Average Cost of Capital (WACC) 11.94%
Revenue Per Employee $487,396
Profits Per Employee $47,005
Employee Count2,872
Asset Turnover 0.48
Inventory Turnover 4.69

Taxes

In the past 12 months, Enphase Energy has paid $9.06 million in taxes.

Income Tax 9.06M
Effective Tax Rate 6.29%

Stock Price Statistics

The stock price has increased by +29.91% in the last 52 weeks. The beta is 1.57, so Enphase Energy's price volatility has been higher than the market average.

Beta (5Y) 1.57
52-Week Price Change +29.91%
50-Day Moving Average 43.25
200-Day Moving Average 38.53
Relative Strength Index (RSI) 51.30
Average Volume (20 Days) 9,840,803

Short Selling Information

The latest short interest is 30.03 million, so 22.78% of the outstanding shares have been sold short.

Short Interest 30.03M
Short Previous Month 30.27M
Short % of Shares Out 22.78%
Short % of Float 23.50%
Short Ratio (days to cover) 3.60

Income Statement

In the last 12 months, Enphase Energy had revenue of $1.40 billion and earned $135.00 million in profits. Earnings per share was $1.02.

Revenue1.40B
Gross Profit 380.46M
Operating Income 103.76M
Pretax Income 144.06M
Net Income 135.00M
EBITDA 179.16M
EBIT 103.76M
Earnings Per Share (EPS) $1.02
Full Income Statement

Balance Sheet

The company has $930.64 million in cash and $612.13 million in debt, with a net cash position of $318.51 million or $2.42 per share.

Cash & Cash Equivalents 930.64M
Total Debt 612.13M
Net Cash 318.51M
Net Cash Per Share $2.42
Equity (Book Value) 1.10B
Book Value Per Share 8.36
Working Capital 1.35B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $191.00 million and capital expenditures -$45.93 million, giving a free cash flow of $145.07 million.

Operating Cash Flow 191.00M
Capital Expenditures -45.93M
Depreciation & Amortization 75.41M
Net Borrowing -632.50M
Free Cash Flow 145.07M
FCF Per Share $1.10
Full Cash Flow Statement

Margins

Gross margin is 27.18%, with operating and profit margins of 7.41% and 9.64%.

Gross Margin 27.18%
Operating Margin 7.41%
Pretax Margin 10.29%
Profit Margin 9.64%
EBITDA Margin 12.80%
EBIT Margin 7.41%
FCF Margin 10.36%

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 4.58%
Shareholder Yield 4.58%
Earnings Yield 1.83%
FCF Yield 1.96%

Analyst Forecast

The average price target for Enphase Energy is $43.64, which is -22.17% lower than the current price. The consensus rating is "Hold".

Price Target $43.64
Price Target Difference -22.17%
Analyst Consensus Hold
Analyst Count 31
Revenue Growth Forecast (3Y) -0.53%
EPS Growth Forecast (3Y) -0.64%
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 3.03 and a Piotroski F-Score of 6.

Altman Z-Score 3.03
Piotroski F-Score 6