Enphase Energy (ENPH) EV to CFO (2014 - 2026)
Enphase Energy's EV to CFO came in at 27.20 for Q2 2026, up 207.1% from 8.86 a year earlier and up 28.2% from the prior quarter.
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Analysis
Enphase Energy (ENPH) EV to CFO (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Enphase Energy reported EV to CFO of 8.05; for FY2025, it came in at 19.69, up 35.3% from FY2024.
- Going back by year, EV to CFO was 14.55 in FY2024 (-37.6%), 23.31 in FY2023 (-49.7%), 46.37 in FY2022 (-30.5%) and 66.69 in FY2021 (-34.3%).
- The Q2 2026 figure represents the highest quarterly EV to CFO since Q3 2024.
- Year-over-year, EV to CFO has increased for three consecutive quarters, with growth averaging 24.3% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q2 2026 (growth of 207.1%), and the weakest in Q3 2023 (a decline of 74.1%).
- Business Quant data shows ENPH's EV to CFO at 21.22 (Q1 2026), 19.69 (Q4 2025) and 12.30 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn |
| 10 | QuantumScape | 2.46 Bn | -1.28 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.20 |
| Mar 31, 2026 | 21.22 |
| Dec 31, 2025 | 19.69 |
| Sep 30, 2025 | 12.30 |
| Jun 30, 2025 | 8.86 |
| Mar 31, 2025 | 13.01 |
| Dec 31, 2024 | 14.55 |
| Sep 30, 2024 | 35.36 |
| Jun 30, 2024 | 33.15 |
| Mar 31, 2024 | 29.66 |
| Dec 31, 2023 | 23.31 |
| Sep 30, 2023 | 15.98 |
| Jun 30, 2023 | 21.92 |
| Mar 31, 2023 | 30.42 |
| Dec 31, 2022 | 46.37 |
| Sep 30, 2022 | 61.67 |
| Jun 30, 2022 | 49.05 |
| Mar 31, 2022 | 69.11 |
| Dec 31, 2021 | 66.69 |
| Sep 30, 2021 | 55.54 |
API Access
Enphase Energy EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "ENPH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();