Enphase Energy, Inc. (ENPH)
NASDAQ: ENPH · Real-Time Price · USD
34.30
-0.94 (-2.67%)
At close: Apr 28, 2026, 4:00 PM EDT
32.80
-1.50 (-4.37%)
After-hours: Apr 28, 2026, 4:18 PM EDT

Enphase Energy Statistics

Total Valuation

Enphase Energy has a market cap or net worth of $4.52 billion. The enterprise value is $4.25 billion.

Market Cap 4.52B
Enterprise Value 4.25B

Important Dates

The next confirmed earnings date is Tuesday, April 28, 2026, after market close.

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

Share Statistics

Enphase Energy has 131.78 million shares outstanding. The number of shares has decreased by -3.66% in one year.

Current Share Class 131.78M
Shares Outstanding 131.78M
Shares Change (YoY) -3.66%
Shares Change (QoQ) +0.35%
Owned by Insiders (%) 2.94%
Owned by Institutions (%) 98.41%
Float 127.80M

Valuation Ratios

The trailing PE ratio is 27.30 and the forward PE ratio is 16.19.

PE Ratio 27.30
Forward PE 16.19
PS Ratio 3.07
Forward PS 3.60
PB Ratio 4.25
P/TBV Ratio 5.43
P/FCF Ratio 47.13
P/OCF Ratio 33.11
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 17.79, with an EV/FCF ratio of 44.33.

EV / Earnings 24.70
EV / Sales 2.89
EV / EBITDA 17.79
EV / EBIT 25.82
EV / FCF 44.33

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) 9.36%
Revenue Per Employee $512,878
Profits Per Employee $59,935
Employee Count 2,872
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 -26.72% in the last 52 weeks. The beta is 1.38, so Enphase Energy's price volatility has been higher than the market average.

Beta (5Y) 1.38
52-Week Price Change -26.72%
50-Day Moving Average 39.58
200-Day Moving Average 36.43
Relative Strength Index (RSI) 44.46
Average Volume (20 Days) 6,379,439

Short Selling Information

The latest short interest is 26.47 million, so 20.08% of the outstanding shares have been sold short.

Short Interest 26.47M
Short Previous Month 25.40M
Short % of Shares Out 20.08%
Short % of Float 20.71%
Short Ratio (days to cover) 4.73

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.

Revenue 1.47B
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, giving a net cash position of $269.07 million or $2.04 per share.

Cash & Cash Equivalents 1.51B
Total Debt 1.24B
Net Cash 269.07M
Net Cash Per Share $2.04
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
Depreciation & Amortization 74.24M
Net Borrowing -102.17M
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 3.81%
FCF Yield 2.12%

Analyst Forecast

The average price target for Enphase Energy is $42.55, which is 24.03% higher than the current price. The consensus rating is "Hold".

Price Target $42.55
Price Target Difference 24.03%
Analyst Consensus Hold
Analyst Count 22
Revenue Growth Forecast (5Y) 5.96%
EPS Growth Forecast (5Y) 16.45%
Stock Forecasts

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