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Enphase Energy, Inc. (ENPH)
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Enphase Energy, Inc. (ENPH) EV/FCF Ratio: 50.21x

Is Enphase Energy, Inc.’s EV/FCF ratio high or low?

Enphase Energy, Inc.'s EV/FCF ratio of 50.21x is in line with its 5-year average of 50.68x, around the middle of its 5-year range (11.85x–130.41x).

As of Monday, June 15, 2026. 59.27% above its 12-month average of 31.53x.

ENPH EV/FCF Ratio Chart

ENPH EV/FCF Ratio
50.21x+239.95% 1Y
Zoom

ENPH Average EV/FCF Ratio Chart

ENPH Current vs Average EV/FCF Ratio Chart

ENPH EV/FCF Ratio Metrics

EV/FCF RATIO

50.21x

EV/FCF RATIO AVG TTM

31.53x

EV/FCF RATIO AVG 3Y

29.50x

EV/FCF RATIO AVG 5Y

50.68x

EV/FCF RATIO AVG 10Y

61.82x

EV/FCF RATIO AVG 15Y

N/A

EV/FCF RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+59.27%

CURRENT VS 3Y AVG

+70.18%

CURRENT VS 5Y AVG

-0.93%

CURRENT VS 10Y AVG

-18.78%

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

ENPH Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Enphase Energy, Inc. (ENPH)$7.19B50.21x31.53x29.50x50.68x
Weatherford International plc (WFRD)vs ›$7.29B17.09x14.89x14.45x20.25x
California Resources Corporation (CRC)vs ›$5.20B16.76x11.54x12.33x11.87x
Antero Midstream Corporation (AM)vs ›$10.29B15.36x13.54x19.00x19.41x
Helmerich & Payne, Inc. (HP)vs ›$3.92B22.34x60.35x31.24x36.76x
Emeren Group, Ltd. (SOL)vs ›$995.64M3.08x2.88x2.88x2.88x
enCore Energy Corp. (EU)vs ›$264.16MN/A1.38x1.38x1.38x
Venture Global, Inc. (VG)vs ›$31.94BN/AN/AN/AN/A
EQT Corporation (EQT)vs ›$32.49B9.32x18.30x30.20x41.30x
Occidental Petroleum Corporation (OXY)vs ›$56.24B19.18x15.83x14.18x12.77x

Cash Flow Valuation Comparison

EV/FCF

50.2x

P/FCF

49.4x

FCF Yield

2.02%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

Enphase Energy, Inc. EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Enphase Energy, Inc. EV/FCF Ratio FAQ

What is the EV/FCF ratio for Enphase Energy, Inc. (ENPH)?
The EV/FCF ratio for ENPH stock is 50.21x.
Is Enphase Energy, Inc.'s EV/FCF ratio high or low?
Enphase Energy, Inc.'s EV/FCF ratio of 50.21x is in line with its 5-year average of 50.68x, around the middle of its 5-year range (11.85x–130.41x).
What is the TTM average EV/FCF ratio for Enphase Energy, Inc. (ENPH)?
The TTM average EV/FCF ratio for ENPH stock is 31.53x.
What is the 3Y average EV/FCF ratio for Enphase Energy, Inc. (ENPH)?
The 3Y average EV/FCF ratio for ENPH stock is 29.50x.
What is the 5Y average EV/FCF ratio for Enphase Energy, Inc. (ENPH)?
The 5Y average EV/FCF ratio for ENPH stock is 50.68x.
What is the 10Y average EV/FCF ratio for Enphase Energy, Inc. (ENPH)?
The 10Y average EV/FCF ratio for ENPH stock is 61.82x.

Enphase Energy, Inc. EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-1250.21x
2026-06-1150.52x
2026-06-1046.57x
2026-06-0949.24x
2026-06-0852.29x
2026-06-0551.55x
2026-06-0462.71x
2026-06-0363.28x
2026-06-0266.27x
2026-06-0158.50x
2026-05-2962.68x
2026-05-2863.71x
2026-05-2764.42x
2026-05-2661.36x
2026-05-2258.76x
2026-05-2157.23x
2026-05-2048.91x
2026-05-1943.12x
2026-05-1845.78x
2026-05-1548.67x
2026-05-1444.26x
2026-05-1338.81x
2026-05-1234.72x
2026-05-1134.88x
2026-05-0833.79x
2026-05-0732.90x
2026-05-0633.20x
2026-05-0533.40x
2026-05-0430.25x
2026-05-0131.44x
2026-04-3030.63x
2026-04-2929.03x
2026-04-2831.84x
2026-04-2756.74x
2026-04-2457.48x
2026-04-2358.02x
2026-04-2256.91x
2026-04-2154.49x
2026-04-2054.85x
2026-04-1752.90x
2026-04-1652.18x
2026-04-1552.48x
2026-04-1452.23x
2026-04-1351.35x
2026-04-1051.10x
2026-04-0951.20x
2026-04-0853.01x
2026-04-0752.29x
2026-04-0654.51x
2026-04-0256.29x
2026-04-0160.97x
2026-03-3160.32x
2026-03-3057.30x
2026-03-2760.36x
2026-03-2663.61x
2026-03-2566.89x
2026-03-2464.71x
2026-03-2364.42x
2026-03-2069.08x
2026-03-1969.82x
2026-03-1867.93x
2026-03-1769.91x
2026-03-1671.56x
2026-03-1369.03x
2026-03-1266.98x
2026-03-1168.01x
2026-03-1068.36x
2026-03-0964.56x
2026-03-0663.68x
2026-03-0564.96x
2026-03-0467.07x
2026-03-0367.82x
2026-03-0269.92x
2026-02-2766.52x
2026-02-2671.39x
2026-02-2575.18x
2026-02-2476.92x
2026-02-2373.66x
2026-02-2072.49x
2026-02-1969.28x
2026-02-1871.77x
2026-02-1771.21x
2026-02-1368.22x
2026-02-1230.84x
2026-02-1133.35x
2026-02-1034.58x
2026-02-0934.61x
2026-02-0634.31x
2026-02-0532.76x
2026-02-0435.45x
2026-02-0326.65x
2026-02-0226.15x
2026-01-3026.46x
2026-01-2927.24x
2026-01-2828.60x
2026-01-2728.27x
2026-01-2627.96x
2026-01-2327.98x
2026-01-2228.60x
2026-01-2125.84x
2026-01-2024.96x
2026-01-1625.24x
2026-01-1525.47x
2026-01-1425.94x
2026-01-1326.09x
2026-01-1226.28x
2026-01-0925.38x
2026-01-0825.51x
2026-01-0725.06x
2026-01-0625.10x
2026-01-0524.64x
2026-01-0224.48x
2025-12-3123.44x
2025-12-3023.53x
2025-12-2924.11x
2025-12-2624.03x
2025-12-2423.93x
2025-12-2323.55x
2025-12-2224.33x
2025-12-1924.18x
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2025-12-1623.33x
2025-12-1523.03x
2025-12-1223.52x
2025-12-1124.03x
2025-12-1023.90x
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2025-12-0822.95x
2025-12-0522.95x
2025-12-0422.65x
2025-12-0321.82x
2025-12-0221.65x
2025-12-0121.32x
2025-11-2821.49x
2025-11-2620.86x
2025-11-2520.79x
2025-11-2420.22x
2025-11-2120.31x
2025-11-2019.81x
2025-11-1920.29x
2025-11-1820.72x
2025-11-1720.68x
2025-11-1421.38x
2025-11-1321.52x
2025-11-1222.62x
2025-11-1122.70x
2025-11-1023.93x
2025-11-0722.32x
2025-11-0622.91x
2025-11-0523.54x
2025-11-0421.58x
2025-11-0321.89x
2025-10-3122.50x
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2025-10-2826.29x
2025-10-2715.66x
2025-10-2415.45x
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2025-10-2215.40x
2025-10-2115.76x
2025-10-2015.94x
2025-10-1715.57x
2025-10-1615.93x
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2025-10-1415.53x
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2025-08-2114.85x
2025-08-2015.25x
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2025-07-3114.05x
2025-07-3014.42x
2025-07-2914.45x
2025-07-2814.99x
2025-07-2515.15x
2025-07-2415.19x
2025-07-2315.54x
2025-07-2217.72x
2025-07-2113.32x
2025-07-1813.29x
2025-07-1713.05x
2025-07-1613.14x
2025-07-1513.49x
2025-07-1413.99x
2025-07-1113.95x
2025-07-1014.27x
2025-07-0914.24x
2025-07-0813.69x
2025-07-0714.13x
2025-07-0314.16x
2025-07-0213.70x
2025-07-0113.68x
2025-06-3013.31x
2025-06-2713.67x
2025-06-2614.28x
2025-06-2512.87x
2025-06-2412.95x
2025-06-2311.85x
2025-06-2012.22x
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2025-06-1214.77x
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2025-06-1014.88x
2025-06-0914.36x
2025-06-0613.76x
2025-06-0513.79x
2025-06-0414.33x
2025-06-0314.50x
2025-06-0213.80x

Showing the most recent 260 of 2,224 data points. The chart above shows the full history.

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.

Fremont, CA
2,781 employees
Energy / Solar
Sector
Energy
Industry
Solar
CEO
Badrinarayanan Kothandaraman