Enphase Energy, Inc. (ENPH) EV/EBITDA Ratio: 35.25x
Is Enphase Energy, Inc.’s EV/EBITDA ratio high or low?
Enphase Energy, Inc.'s EV/EBITDA ratio of 35.25x is 48% below its 5-year average of 67.54x, near the low end of its 5-year range (13.43x–257.24x).
As of Monday, June 15, 2026. 78.24% above its 12-month average of 19.78x.
ENPH EV/EBITDA Ratio Chart
ENPH Average EV/EBITDA Ratio Chart
ENPH Current vs Average EV/EBITDA Ratio Chart
ENPH EV/EBITDA Ratio Metrics
EV/EBITDA RATIO
35.25x
EV/EBITDA RATIO AVG TTM
19.78x
EV/EBITDA RATIO AVG 3Y
34.84x
EV/EBITDA RATIO AVG 5Y
64.15x
EV/EBITDA RATIO AVG 10Y
80.59x
EV/EBITDA RATIO AVG 15Y
N/A
EV/EBITDA RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+78.24%
CURRENT VS 3Y AVG
+1.18%
CURRENT VS 5Y AVG
-45.05%
CURRENT VS 10Y AVG
-56.26%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ENPH Competitors' EV/EBITDA Ratio
| NAME | MARKET CAP | EV/EBITDA RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $7.19B | 35.25x | 19.78x | 34.84x | 64.15x |
| Weatherford International plc (WFRD)vs › | $7.29B | 8.12x | 6.61x | 7.34x | 8.64x |
| California Resources Corporation (CRC)vs › | $5.20B | 20.88x | 5.95x | 4.88x | 4.36x |
| Antero Midstream Corporation (AM)vs › | $10.29B | 14.51x | 12.51x | 11.53x | 10.92x |
| Helmerich & Payne, Inc. (HP)vs › | $3.92B | 11.12x | 7.31x | 5.45x | 66.75x |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | N/A | 14.14x | 55.68x | 42.68x |
| enCore Energy Corp. (EU)vs › | $264.16M | N/A | 1.99x | 1.55x | 1.55x |
| Venture Global, Inc. (VG)vs › | $31.94B | 11.63x | 13.02x | 14.47x | 14.47x |
| EQT Corporation (EQT)vs › | $32.49B | 4.97x | 8.02x | 7.89x | 9.96x |
| Occidental Petroleum Corporation (OXY)vs › | $56.24B | 5.96x | 5.57x | 5.27x | 5.54x |
EV/EBITDA vs. its own history
At 35.3, EV/EBITDA is cheaper than usual, sitting higher than 29% of its 11-year history.
11-year low
12.3
median
70.8
11-year high
295.2
Enphase Energy, Inc. EV/EBITDA Ratio Formula & Definition
EV/EBITDA = Enterprise Value / EBITDA (TTM)
Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Enphase Energy, Inc. EV/EBITDA Ratio FAQ
- What is the EV/EBITDA ratio for Enphase Energy, Inc. (ENPH)?
- The EV/EBITDA ratio for ENPH stock is 35.25x.
- Is Enphase Energy, Inc.'s EV/EBITDA ratio high or low?
- Enphase Energy, Inc.'s EV/EBITDA ratio of 35.25x is 48% below its 5-year average of 67.54x, near the low end of its 5-year range (13.43x–257.24x).
- What is the TTM average EV/EBITDA ratio for Enphase Energy, Inc. (ENPH)?
- The TTM average EV/EBITDA ratio for ENPH stock is 19.78x.
- What is the 3Y average EV/EBITDA ratio for Enphase Energy, Inc. (ENPH)?
- The 3Y average EV/EBITDA ratio for ENPH stock is 34.84x.
- What is the 5Y average EV/EBITDA ratio for Enphase Energy, Inc. (ENPH)?
- The 5Y average EV/EBITDA ratio for ENPH stock is 64.15x.
- What is the 10Y average EV/EBITDA ratio for Enphase Energy, Inc. (ENPH)?
- The 10Y average EV/EBITDA ratio for ENPH stock is 80.59x.
Enphase Energy, Inc. EV/EBITDA Ratio History
| DATE | EV/EBITDA RATIO |
|---|---|
| 2026-06-12 | 35.25x |
| 2026-06-11 | 35.47x |
| 2026-06-10 | 32.70x |
| 2026-06-09 | 34.57x |
| 2026-06-08 | 36.71x |
| 2026-06-05 | 36.19x |
| 2026-06-04 | 44.02x |
| 2026-06-03 | 44.42x |
| 2026-06-02 | 46.53x |
| 2026-06-01 | 41.07x |
| 2026-05-29 | 44.01x |
| 2026-05-28 | 44.73x |
| 2026-05-27 | 45.23x |
| 2026-05-26 | 43.08x |
| 2026-05-22 | 41.25x |
| 2026-05-21 | 40.18x |
| 2026-05-20 | 34.34x |
| 2026-05-19 | 30.28x |
| 2026-05-18 | 32.14x |
| 2026-05-15 | 34.17x |
| 2026-05-14 | 31.07x |
| 2026-05-13 | 27.25x |
| 2026-05-12 | 24.38x |
| 2026-05-11 | 24.49x |
| 2026-05-08 | 23.72x |
| 2026-05-07 | 23.10x |
| 2026-05-06 | 23.31x |
| 2026-05-05 | 23.45x |
| 2026-05-04 | 21.24x |
| 2026-05-01 | 22.07x |
| 2026-04-30 | 21.50x |
| 2026-04-29 | 20.38x |
| 2026-04-28 | 22.36x |
| 2026-04-27 | 18.90x |
| 2026-04-24 | 19.14x |
| 2026-04-23 | 19.32x |
| 2026-04-22 | 18.95x |
| 2026-04-21 | 18.14x |
| 2026-04-20 | 18.26x |
| 2026-04-17 | 17.62x |
| 2026-04-16 | 17.38x |
| 2026-04-15 | 17.48x |
| 2026-04-14 | 17.39x |
| 2026-04-13 | 17.10x |
| 2026-04-10 | 17.02x |
| 2026-04-09 | 17.05x |
| 2026-04-08 | 17.65x |
| 2026-04-07 | 17.41x |
| 2026-04-06 | 18.15x |
| 2026-04-02 | 18.75x |
| 2026-04-01 | 20.30x |
| 2026-03-31 | 20.09x |
| 2026-03-30 | 19.08x |
| 2026-03-27 | 20.10x |
| 2026-03-26 | 21.18x |
| 2026-03-25 | 22.27x |
| 2026-03-24 | 21.55x |
| 2026-03-23 | 21.45x |
| 2026-03-20 | 23.01x |
| 2026-03-19 | 23.25x |
| 2026-03-18 | 22.62x |
| 2026-03-17 | 23.28x |
| 2026-03-16 | 23.83x |
| 2026-03-13 | 22.99x |
| 2026-03-12 | 22.31x |
| 2026-03-11 | 22.65x |
| 2026-03-10 | 22.76x |
| 2026-03-09 | 21.50x |
| 2026-03-06 | 21.21x |
| 2026-03-05 | 21.63x |
| 2026-03-04 | 22.33x |
| 2026-03-03 | 22.58x |
| 2026-03-02 | 23.28x |
| 2026-02-27 | 22.15x |
| 2026-02-26 | 23.78x |
| 2026-02-25 | 25.04x |
| 2026-02-24 | 25.61x |
| 2026-02-23 | 24.53x |
| 2026-02-20 | 24.14x |
| 2026-02-19 | 23.07x |
| 2026-02-18 | 23.90x |
| 2026-02-17 | 23.71x |
| 2026-02-13 | 22.72x |
| 2026-02-12 | 20.90x |
| 2026-02-11 | 22.60x |
| 2026-02-10 | 23.44x |
| 2026-02-09 | 23.46x |
| 2026-02-06 | 23.25x |
| 2026-02-05 | 22.20x |
| 2026-02-04 | 24.03x |
| 2026-02-03 | 18.06x |
| 2026-02-02 | 17.72x |
| 2026-01-30 | 17.93x |
| 2026-01-29 | 18.46x |
| 2026-01-28 | 19.38x |
| 2026-01-27 | 19.16x |
| 2026-01-26 | 18.94x |
| 2026-01-23 | 18.96x |
| 2026-01-22 | 19.38x |
| 2026-01-21 | 17.51x |
| 2026-01-20 | 16.91x |
| 2026-01-16 | 17.10x |
| 2026-01-15 | 17.26x |
| 2026-01-14 | 17.58x |
| 2026-01-13 | 17.68x |
| 2026-01-12 | 17.81x |
| 2026-01-09 | 17.20x |
| 2026-01-08 | 17.29x |
| 2026-01-07 | 16.98x |
| 2026-01-06 | 17.01x |
| 2026-01-05 | 16.70x |
| 2026-01-02 | 16.59x |
| 2025-12-31 | 15.89x |
| 2025-12-30 | 15.95x |
| 2025-12-29 | 16.34x |
| 2025-12-26 | 16.28x |
| 2025-12-24 | 16.22x |
| 2025-12-23 | 15.96x |
| 2025-12-22 | 16.49x |
| 2025-12-19 | 16.39x |
| 2025-12-18 | 16.26x |
| 2025-12-17 | 15.71x |
| 2025-12-16 | 15.81x |
| 2025-12-15 | 15.61x |
| 2025-12-12 | 15.94x |
| 2025-12-11 | 16.29x |
| 2025-12-10 | 16.19x |
| 2025-12-09 | 15.68x |
| 2025-12-08 | 15.55x |
| 2025-12-05 | 15.56x |
| 2025-12-04 | 15.35x |
| 2025-12-03 | 14.78x |
| 2025-12-02 | 14.67x |
| 2025-12-01 | 14.45x |
| 2025-11-28 | 14.56x |
| 2025-11-26 | 14.13x |
| 2025-11-25 | 14.09x |
| 2025-11-24 | 13.70x |
| 2025-11-21 | 13.76x |
| 2025-11-20 | 13.43x |
| 2025-11-19 | 13.75x |
| 2025-11-18 | 14.04x |
| 2025-11-17 | 14.01x |
| 2025-11-14 | 14.49x |
| 2025-11-13 | 14.59x |
| 2025-11-12 | 15.33x |
| 2025-11-11 | 15.39x |
| 2025-11-10 | 16.22x |
| 2025-11-07 | 15.13x |
| 2025-11-06 | 15.52x |
| 2025-11-05 | 15.95x |
| 2025-11-04 | 14.63x |
| 2025-11-03 | 14.83x |
| 2025-10-31 | 15.25x |
| 2025-10-30 | 15.09x |
| 2025-10-29 | 15.51x |
| 2025-10-28 | 17.82x |
| 2025-10-27 | 19.63x |
| 2025-10-24 | 19.36x |
| 2025-10-23 | 19.09x |
| 2025-10-22 | 19.29x |
| 2025-10-21 | 19.75x |
| 2025-10-20 | 19.97x |
| 2025-10-17 | 19.51x |
| 2025-10-16 | 19.97x |
| 2025-10-15 | 19.96x |
| 2025-10-14 | 19.46x |
| 2025-10-13 | 18.72x |
| 2025-10-10 | 18.47x |
| 2025-10-09 | 19.58x |
| 2025-10-08 | 19.27x |
| 2025-10-07 | 19.38x |
| 2025-10-06 | 19.78x |
| 2025-10-03 | 19.62x |
| 2025-10-02 | 20.05x |
| 2025-10-01 | 19.72x |
| 2025-09-30 | 18.98x |
| 2025-09-29 | 19.29x |
| 2025-09-26 | 19.48x |
| 2025-09-25 | 19.75x |
| 2025-09-24 | 20.16x |
| 2025-09-23 | 19.88x |
| 2025-09-22 | 21.30x |
| 2025-09-19 | 20.36x |
| 2025-09-18 | 20.37x |
| 2025-09-17 | 20.49x |
| 2025-09-16 | 20.62x |
| 2025-09-15 | 20.16x |
| 2025-09-12 | 20.00x |
| 2025-09-11 | 19.86x |
| 2025-09-10 | 19.77x |
| 2025-09-09 | 20.14x |
| 2025-09-08 | 20.53x |
| 2025-09-05 | 20.92x |
| 2025-09-04 | 19.49x |
| 2025-09-03 | 19.75x |
| 2025-09-02 | 19.70x |
| 2025-08-29 | 20.03x |
| 2025-08-28 | 19.97x |
| 2025-08-27 | 19.97x |
| 2025-08-26 | 20.15x |
| 2025-08-25 | 20.27x |
| 2025-08-22 | 20.25x |
| 2025-08-21 | 18.61x |
| 2025-08-20 | 19.11x |
| 2025-08-19 | 19.36x |
| 2025-08-18 | 19.15x |
| 2025-08-15 | 18.73x |
| 2025-08-14 | 17.54x |
| 2025-08-13 | 18.45x |
| 2025-08-12 | 18.15x |
| 2025-08-11 | 17.70x |
| 2025-08-08 | 17.64x |
| 2025-08-07 | 17.34x |
| 2025-08-06 | 16.58x |
| 2025-08-05 | 17.40x |
| 2025-08-04 | 17.30x |
| 2025-08-01 | 17.18x |
| 2025-07-31 | 17.60x |
| 2025-07-30 | 18.08x |
| 2025-07-29 | 18.11x |
| 2025-07-28 | 18.78x |
| 2025-07-25 | 18.99x |
| 2025-07-24 | 19.04x |
| 2025-07-23 | 19.48x |
| 2025-07-22 | 22.21x |
| 2025-07-21 | 24.37x |
| 2025-07-18 | 24.32x |
| 2025-07-17 | 23.88x |
| 2025-07-16 | 24.03x |
| 2025-07-15 | 24.68x |
| 2025-07-14 | 25.59x |
| 2025-07-11 | 25.53x |
| 2025-07-10 | 26.11x |
| 2025-07-09 | 26.05x |
| 2025-07-08 | 25.04x |
| 2025-07-07 | 25.84x |
| 2025-07-03 | 25.90x |
| 2025-07-02 | 25.06x |
| 2025-07-01 | 25.03x |
| 2025-06-30 | 24.36x |
| 2025-06-27 | 25.01x |
| 2025-06-26 | 26.13x |
| 2025-06-25 | 23.55x |
| 2025-06-24 | 23.69x |
| 2025-06-23 | 21.67x |
| 2025-06-20 | 22.35x |
| 2025-06-18 | 22.63x |
| 2025-06-17 | 21.86x |
| 2025-06-16 | 27.68x |
| 2025-06-13 | 27.50x |
| 2025-06-12 | 27.03x |
| 2025-06-11 | 27.33x |
| 2025-06-10 | 27.23x |
| 2025-06-09 | 26.27x |
| 2025-06-06 | 25.17x |
| 2025-06-05 | 25.23x |
| 2025-06-04 | 26.21x |
| 2025-06-03 | 26.52x |
| 2025-06-02 | 25.24x |
Showing the most recent 260 of 2,160 data points. The chart above shows the full history.
Related Metrics
About Enphase Energy, Inc.
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
- Sector
- Energy
- Industry
- Solar
- CEO
- Badrinarayanan Kothandaraman