Enphase Energy, Inc.

Enphase Energy, Inc.

28.00
EUR
-0.61
(-2.15%)
0.88EPS
47.77P/E
5.64BMarket Cap
Oct 27Next Earn

Total Valuation

EUR

As of June 30, 2026, Enphase Energy, Inc. carries a market capitalization of 5.64B, placing it among publicly traded companies globally. Its enterprise value stands at 5.33B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap5.64B
Enterprise Value5.33B

Important Dates

Enphase Energy, Inc.'s next confirmed earnings release is scheduled for October 27, 2026.

Earnings Date10/27/2026

Share Statistics

As of June 30, 2026, Enphase Energy, Inc. has 132.13M shares outstanding.

Shares Outstanding132.13M

Valuation Ratios

As of June 30, 2026, Enphase Energy, Inc. trades at a trailing price-to-earnings ratio of 47.77. The price-to-sales ratio is 4.82, and the price-to-book ratio stands at 5.45.

PE Ratio47.77
PS Ratio4.82
PB Ratio5.45
P/TBV Ratio6.75
P/FCF Ratio42.58
P/OCF Ratio31.28

Enterprise Valuation

As of June 30, 2026, Enphase Energy, Inc. trades at an EV/EBITDA multiple of 31.69 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 4.58 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 55.12 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Enphase Energy, Inc. trades at an EV/FCF ratio of 39.34, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 5.33B versus a market cap of 5.64B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales4.58
EV / EBITDA31.69
EV / EBIT55.12
EV / FCF39.34

Financial Position

As of June 30, 2026, Enphase Energy, Inc. maintains a current ratio of 3.45, meaning it holds 3.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 49.24, indicating elevated leverage, while an interest coverage ratio of 73.36 demonstrates strong ability to service its debt obligations.

Current Ratio3.45
Quick Ratio2.14
Debt / Equity49.24
Debt / EBITDA3.03
Interest Coverage73.36

Financial Efficiency

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Over the twelve months ended June 30, 2026, Enphase Energy, Inc. posted a return on equity (ROE) of 13.00, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 4.68 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 4.40, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 7.07, useful for judging operating efficiency across full business cycles. The company generates approximately 408,120.66 in revenue per employee across its workforce of 2,849.25, a quick read on workforce productivity versus industry peers. Inventory turnover of 3.08 indicates how many times Enphase Energy, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)13.00
Return on Assets (ROA)4.40
Return on Invested Capital (ROIC)4.68
Return on Capital Employed (ROCE)7.07
Revenue Per Employee408,120.66
Employee Count2,849.25
Inventory Turnover3.08

Taxes

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Over the twelve months ended June 30, 2026, Enphase Energy, Inc. recorded 26.02M in income tax expense. That works out to an effective tax rate of 18.16, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 143.33M, leaving 117.31M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax26.02M
Effective Tax Rate18.16

Stock Price Statistics

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As of the close on October 22, 2026, Enphase Energy, Inc.'s stock has declined approximately 8.65% over the past 52 weeks. The 50-day moving average sits at 30.32, while the 200-day moving average is 35.74.

52-Week Price Change-8.65%
50-Day Moving Average30.32
200-Day Moving Average35.74

Income Statement

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Over the twelve months ended June 30, 2026, Enphase Energy, Inc. generated 1.16B in revenue and converted that into 117.31M in net income, yielding earnings per share of 0.88. EBITDA reached 168.17M, while operating income came in at 101.45M.

Revenue1.16B
Gross Profit545.90M
Operating Income101.45M
Pretax Income143.33M
Net Income117.31M
EBITDA168.17M
EBIT96.70M
Earnings Per Share (EPS)0.88

Balance Sheet

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As of June 30, 2026, Enphase Energy, Inc. holds 820.78M in cash and equivalents against 509.37M in total debt, resulting in a net debt position of 38.07M. Total book value stands at 1.03B, with working capital of 1.21B providing operational flexibility.

Cash & Cash Equivalents820.78M
Total Debt509.37M
Net Debt38.07M
Equity (Book Value)1.03B
Book Value Per Share7.83
Working Capital1.21B

Cash Flow

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Enphase Energy, Inc. produced 179.17M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -45.57M in capital expenditures, free cash flow totaled 133.59M - equivalent to 1.02 per share.

Operating Cash Flow179.17M
Capital Expenditures-45.57M
Free Cash Flow133.59M
FCF Per Share1.02

Margins

Over the twelve months ended June 30, 2026, Enphase Energy, Inc. posted a gross margin of 46.95, reflecting its pricing power and cost economics. The operating margin of 8.72 and net profit margin of 10.09 provide insight into operational efficiency.

Gross Margin46.95
Operating Margin8.72
Pretax Margin12.33
Profit Margin10.09
EBITDA Margin14.46

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 2.35, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 10.08, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Enphase Energy, Inc. shareholders.

Shareholder Yield10.08
FCF Yield2.35

Scores

As of June 30, 2026, Enphase Energy, Inc. has an Altman Z-Score of 3.39, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score3.39