Enphase Energy ENPH
NASDAQ ENPH
$36.72 -2.11 (-5.43%)
At close: Sep 9, 2026 · 4:00 PM EDT

Enphase Energy (ENPH) EV to FCF (2012 - 2026)

Enphase Energy (ENPH) posted EV to FCF of 214.76 for Q2 2026, up 339.75% on a QoQ basis from 48.84 in Q1 2026, and up 7.98% year-over-year from 198.88 in Q2 2025.

Analysis

Enphase Energy (ENPH) EV to FCF (2012 - 2026) Analysis & Trends

Enphase Energy has reported EV to FCF for 15 years, with the latest figure at 214.76 in Q2 2026.

  • On a quarterly basis, EV to FCF rose 7.98% year-over-year to 214.76 in Q2 2026; TTM through Jun 2026 was 36.48, a 272.49% increase from a year earlier, with the FY2025 full-year figure at 28.03, up 80.06% from the prior year.
  • EV to FCF was 214.76 for Q2 2026 at Enphase Energy, up from 48.84 in the prior quarter.
  • The five-year high for EV to FCF was 1056.21 in Q4 2023, with the low at 46.94 in Q4 2024.
  • Average EV to FCF over 5 years is 223.13, with a median of 138.4 recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: EV to FCF surged 625.63% in 2023, then sank 95.56% in 2024.
  • Over 5 years, EV to FCF stood at 145.56 in 2022, then soared by 625.63% to 1056.21 in 2023, then tumbled by 95.56% to 46.94 in 2024, then jumped by 51.36% to 71.04 in 2025, then jumped by 202.28% to 214.76 in 2026.
  • The last three EV to FCF figures came in at 214.76 (Q2 2026), 48.84 (Q1 2026), and 71.04 (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

Historic Data

Download Data
DateValue
Jun 30, 2026 214.76
Mar 31, 2026 48.84
Dec 31, 2025 71.04
Sep 30, 2025 535.65
Jun 30, 2025 198.88
Mar 31, 2025 197.40
Dec 31, 2024 46.94
Sep 30, 2024 83.54
Jun 30, 2024 100.50
Mar 31, 2024 358.87
Dec 31, 2023 1,056.21
Sep 30, 2023 119.81
Jun 30, 2023 93.13
Mar 31, 2023 120.80
Dec 31, 2022 145.56
Sep 30, 2022 202.61
Jun 30, 2022 131.24
Mar 31, 2022 290.54
Dec 31, 2021 279.62
Sep 30, 2021 187.03