Enphase Energy (ENPH) EV to EBIT (2018 - 2026)
Enphase Energy's (ENPH) EV to EBIT stood at 50.41 in Q2 2026, up 139.4% from 21.06 a year earlier and up 19.4% from the prior quarter.
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Analysis
Enphase Energy (ENPH) EV to EBIT (2018 - 2026) Analysis & Trends
On a TTM basis, Enphase Energy's EV to EBIT came in at 14.91 as of Jun 30, 2026; for FY2025, it came in at 17.07, down 82.4% from FY2024.
- Across earlier years, EV to EBIT came in at 96.70 in FY2024 (+165.4%), 36.43 in FY2023 (-52.7%), 77.05 in FY2022 (-29.2%) and 108.78 in FY2021 (-7.6%).
- The Q2 2026 figure is the highest quarterly EV to EBIT since Q4 2024.
- On a year-over-year basis, EV to EBIT rose in two of the last seven quarters, with growth averaging 1.0%.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 342.7% in Q2 2024, against a decline of 98.5% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 42.23 (Q1 2026), 17.07 (Q4 2025) and 16.60 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 252.94 Bn | 214.01 Bn | 2.36 Bn |
| 2 | Bloom Energy | 77.11 Bn | 68.94 Bn | 355.57 Mn |
| 3 | First Solar | 18.59 Bn | 9.54 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.31 Bn | 10.61 Bn | 202.31 Mn |
| 5 | Generac Holdings | 12.11 Bn | 10.94 Bn | 521.81 Mn |
| 6 | Nextpower | 12.00 Bn | 7.89 Bn | 335.85 Mn |
| 7 | EnerSys | 6.46 Bn | 4.66 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.08 Bn | -774.96 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.51 Bn | 1.40 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.25 Bn | 3.20 Bn | -152,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.41 |
| Mar 31, 2026 | 42.23 |
| Dec 31, 2025 | 17.07 |
| Sep 30, 2025 | 16.60 |
| Jun 30, 2025 | 21.06 |
| Mar 31, 2025 | 48.25 |
| Dec 31, 2024 | 96.70 |
| Sep 30, 2024 | 1,101.46 |
| Jun 30, 2024 | 147.33 |
| Mar 31, 2024 | 59.53 |
| Dec 31, 2023 | 36.43 |
| Sep 30, 2023 | 23.85 |
| Jun 30, 2023 | 33.28 |
| Mar 31, 2023 | 48.78 |
| Dec 31, 2022 | 77.05 |
| Sep 30, 2022 | 103.95 |
| Jun 30, 2022 | 100.41 |
| Mar 31, 2022 | 121.00 |
| Dec 31, 2021 | 108.78 |
| Sep 30, 2021 | 79.36 |
API Access
Enphase Energy EV to EBIT 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-ebit&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();