Enphase Energy (ENPH) EV to CFO (2012 - 2026)
Enphase Energy (ENPH) posted EV to CFO of 138.1 for Q2 2026, up 250.58% on a QoQ basis from 39.39 in Q1 2026, and up 0.65% year-over-year from 137.2 in Q2 2025.
Analysis
Enphase Energy (ENPH) EV to CFO (2012 - 2026) Analysis & Trends
Enphase Energy has reported EV to CFO for 15 years, with the latest figure at 138.1 in Q2 2026.
- On a quarterly basis, EV to CFO rose 0.65% year-over-year to 138.1 in Q2 2026; TTM through Jun 2026 was 27.2, a 207.13% increase from a year earlier, with the FY2025 full-year figure at 19.69, up 35.32% from the prior year.
- EV to CFO was 138.1 for Q2 2026 at Enphase Energy, up from 39.39 in the prior quarter.
- The five-year high for EV to CFO was 458.09 in Q4 2023, with the low at 39.39 in Q1 2026.
- Average EV to CFO over 5 years is 150.57, with a median of 130.84 recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: EV to CFO soared 236.5% in 2023, then sank 90.25% in 2024.
- Over 5 years, EV to CFO stood at 136.13 in 2022, then jumped by 236.5% to 458.09 in 2023, then tumbled by 90.25% to 44.68 in 2024, then climbed by 26.47% to 56.5 in 2025, then soared by 144.41% to 138.1 in 2026.
- The last three EV to CFO figures came in at 138.1 (Q2 2026), 39.39 (Q1 2026), and 56.5 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 21.97 Bn | 20.25 Bn | 605.00 Mn |
| 2 | Nextpower | 12.81 Bn | 11.60 Bn | 335.85 Mn |
| 3 | Enphase Energy | 4.81 Bn | 3.87 Bn | 175.01 Mn |
| 4 | Solaredge Technologies | 2.10 Bn | 1.52 Bn | 95.15 Mn |
| 5 | T1 Energy | 1.29 Bn | 1.14 Bn | 49.10 Mn |
| 6 | Shoals Technologies | 1.20 Bn | 1.18 Bn | 49.53 Mn |
| 7 | Canadian Solar | 896.45 Mn | 597.20 Mn | 168.48 Mn |
| 8 | Array Technologies | 708.44 Mn | 401.13 Mn | 99.60 Mn |
| 9 | JinkoSolar Holding | 627.24 Mn | -480.04 Mn | 75.62 Mn |
| 10 | Toyo | 133.94 Mn | 23.90 Mn | 36.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 138.10 |
| Mar 31, 2026 | 39.39 |
| Dec 31, 2025 | 56.50 |
| Sep 30, 2025 | 226.53 |
| Jun 30, 2025 | 137.20 |
| Mar 31, 2025 | 137.84 |
| Dec 31, 2024 | 44.68 |
| Sep 30, 2024 | 79.35 |
| Jun 30, 2024 | 93.29 |
| Mar 31, 2024 | 301.26 |
| Dec 31, 2023 | 458.09 |
| Sep 30, 2023 | 100.22 |
| Jun 30, 2023 | 77.91 |
| Mar 31, 2023 | 109.78 |
| Dec 31, 2022 | 136.13 |
| Sep 30, 2022 | 192.96 |
| Jun 30, 2022 | 125.56 |
| Mar 31, 2022 | 255.45 |
| Dec 31, 2021 | 241.61 |
| Sep 30, 2021 | 166.11 |