Enphase Energy (ENPH) EV to EBIT (2018 - 2026)
Enphase Energy's (ENPH) EV to EBIT stood at 67.60 in Q3 2026, up 307.2% from 16.60 a year earlier and up 34.1% 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 1.02 as of Sep 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 Q3 2026 figure is the highest quarterly EV to EBIT since Q4 2024.
- On a year-over-year basis, EV to EBIT rose in three of the last eight quarters, with growth averaging 39.2%.
- 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 50.41 (Q2 2026), 42.23 (Q1 2026) and 17.07 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 67.60 |
| 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 |
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();