Enphase Energy (ENPH) Price to Earnings (2019 - 2026)
Enphase Energy's Price to Earnings was 48.54 in Q2 2026, up 63.6% from 29.67 a year earlier and up 31.5% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Price to Earnings (2019 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Enphase Energy came in at 24.41, down 72.5% from FY2024.
- In earlier years, Price to Earnings was 88.61 in FY2024 (+116.9%), 40.86 in FY2023 (-55.1%), 90.98 in FY2022 (-46.0%) and 168.41 in FY2021 (-0.3%).
- The Q2 2026 figure marks the highest quarterly Price to Earnings since Q1 2025.
- Compared with a year earlier, Price to Earnings was higher in three of the last eight quarters, with growth averaging 84.0%.
- The best year-over-year quarter for Price to Earnings over five years was Q3 2024 (growth of 766.6%); the worst was Q3 2025 (a decline of 90.5%).
- Per Business Quant data, ENPH's Price to Earnings in the three quarters before Q2 2026 was 36.91 (Q1 2026), 24.41 (Q4 2025) and 23.68 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 263.36 Bn | 224.44 Bn | 2.36 Bn |
| 2 | Bloom Energy | 84.85 Bn | 76.67 Bn | 355.57 Mn |
| 3 | First Solar | 18.77 Bn | 9.72 Bn | 605.00 Mn |
| 4 | Generac Holdings | 12.79 Bn | 11.62 Bn | 521.81 Mn |
| 5 | Nextpower | 12.78 Bn | 8.68 Bn | 335.85 Mn |
| 6 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn |
| 7 | EnerSys | 7.13 Bn | 5.32 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.42 Bn | -436.70 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.57 Bn | 1.46 Bn | 133.10 Mn |
| 10 | Nuscale Power | 3.18 Bn | 3.13 Bn | -152,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.54 |
| Mar 31, 2026 | 36.91 |
| Dec 31, 2025 | 24.41 |
| Sep 30, 2025 | 23.68 |
| Jun 30, 2025 | 29.67 |
| Mar 31, 2025 | 54.82 |
| Dec 31, 2024 | 88.61 |
| Sep 30, 2024 | 248.58 |
| Jun 30, 2024 | 104.16 |
| Mar 31, 2024 | 59.62 |
| Dec 31, 2023 | 40.86 |
| Sep 30, 2023 | 28.69 |
| Jun 30, 2023 | 39.78 |
| Mar 31, 2023 | 58.51 |
| Dec 31, 2022 | 90.98 |
| Sep 30, 2022 | 127.27 |
| Jun 30, 2022 | 130.12 |
| Mar 31, 2022 | 164.47 |
| Dec 31, 2021 | 168.41 |
| Sep 30, 2021 | 121.94 |
API Access
Enphase Energy Price to Earnings 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=price-to-earnings&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();