Enphase Energy (ENPH) Price to Sales (2012 - 2026)
Enphase Energy's Price to Sales was 4.90 in Q2 2026, up 40.1% from 3.50 a year earlier and up 37.6% from the prior quarter.
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Analysis
Enphase Energy (ENPH) Price to Sales (2012 - 2026) Analysis & Trends
For FY2025, Price to Sales at Enphase Energy came in at 2.85, down 58.3% from FY2024.
- Price to Sales has now declined for five consecutive years.
- In earlier years, Price to Sales was 6.84 in FY2024 (-12.7%), 7.83 in FY2023 (-49.5%), 15.51 in FY2022 (-12.5%) and 17.72 in FY2021 (-39.3%).
- The Q2 2026 figure marks the highest quarterly Price to Sales since Q1 2025.
- Compared with a year earlier, Price to Sales was higher in two of the last eight quarters, with an average decline of 17.7%.
- The best year-over-year quarter for Price to Sales over five years was Q3 2024 (growth of 102.0%); the worst was Q3 2025 (a decline of 74.9%).
- Per Business Quant data, ENPH's Price to Sales in the three quarters before Q2 2026 was 3.56 (Q1 2026), 2.85 (Q4 2025) and 3.06 (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 | 4.90 |
| Mar 31, 2026 | 3.56 |
| Dec 31, 2025 | 2.85 |
| Sep 30, 2025 | 3.06 |
| Jun 30, 2025 | 3.50 |
| Mar 31, 2025 | 5.72 |
| Dec 31, 2024 | 6.84 |
| Sep 30, 2024 | 12.21 |
| Jun 30, 2024 | 9.50 |
| Mar 31, 2024 | 9.00 |
| Dec 31, 2023 | 7.83 |
| Sep 30, 2023 | 6.05 |
| Jun 30, 2023 | 8.15 |
| Mar 31, 2023 | 11.01 |
| Dec 31, 2022 | 15.51 |
| Sep 30, 2022 | 18.67 |
| Jun 30, 2022 | 15.23 |
| Mar 31, 2022 | 17.90 |
| Dec 31, 2021 | 17.72 |
| Sep 30, 2021 | 16.39 |
API Access
Enphase Energy Price to Sales 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-sales&ticker=ENPH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=ENPH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();