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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |