Enphase Energy (ENPH) EV to CFO (2014 - 2026)
Enphase Energy's EV to CFO came in at 17.99 for Q3 2026, up 46.2% from 12.30 a year earlier but down 33.9% 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 Sep 30, 2026, Enphase Energy reported EV to CFO of 0.27; 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 five-year range for quarterly EV to CFO is 8.86 (Q2 2025) to 69.11 (Q1 2022).
- Year-over-year, EV to CFO has increased for four consecutive quarters, with growth averaging 14.9% 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 27.20 (Q2 2026), 21.22 (Q1 2026) and 19.69 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 220.58 Bn | 171.68 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.91 Bn | 46.81 Bn | 417.10 Mn |
| 3 | First Solar | 20.56 Bn | 11.92 Bn | 713.06 Mn |
| 4 | Nextpower | 15.90 Bn | 11.61 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn |
| 6 | Generac Holdings | 11.11 Bn | 9.84 Bn | 516.04 Mn |
| 7 | EnerSys | 5.54 Bn | 3.73 Bn | 313.36 Mn |
| 8 | Mirion Technologies | 4.72 Bn | 3.08 Bn | 131.50 Mn |
| 9 | Enphase Energy | 3.84 Bn | -474.64 Mn | 127.12 Mn |
| 10 | QuantumScape | 2.84 Bn | -715.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 17.99 |
| 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 |
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();