Enphase Energy, Inc. (ENPH) EV/Sales Ratio: 5.20x
Is Enphase Energy, Inc.’s EV/Sales ratio high or low?
Enphase Energy, Inc.'s EV/Sales ratio of 5.20x is 57% below its 5-year average of 12.00x, near the low end of its 5-year range (2.85x–31.22x).
As of Monday, June 15, 2026. 32.61% above its 12-month average of 3.92x.
ENPH EV/Sales Ratio Chart
ENPH Average EV/Sales Ratio Chart
ENPH Current vs Average EV/Sales Ratio Chart
ENPH EV/Sales Ratio Metrics
EV/SALES RATIO
5.20x
EV/SALES RATIO AVG TTM
3.92x
EV/SALES RATIO AVG 3Y
6.67x
EV/SALES RATIO AVG 5Y
12.00x
EV/SALES RATIO AVG 10Y
8.67x
EV/SALES RATIO AVG 15Y
4.99x
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+32.61%
CURRENT VS 3Y AVG
-22.03%
CURRENT VS 5Y AVG
-56.68%
CURRENT VS 10Y AVG
-40.01%
CURRENT VS 15Y AVG
+4.27%
CURRENT VS 20Y AVG
N/A
ENPH Competitors' EV/Sales Ratio
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $7.19B | 5.20x | 3.92x | 6.67x | 12.00x |
| Weatherford International plc (WFRD)vs › | $7.29B | 1.63x | 1.30x | 1.41x | 1.28x |
| California Resources Corporation (CRC)vs › | $5.20B | 1.85x | 1.62x | 1.55x | 1.50x |
| Antero Midstream Corporation (AM)vs › | $10.29B | 10.94x | 10.04x | 9.35x | 8.94x |
| Helmerich & Payne, Inc. (HP)vs › | $3.92B | 1.43x | 1.30x | 1.42x | 1.95x |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 1.46x | 1.40x | 1.91x | 3.20x |
| enCore Energy Corp. (EU)vs › | $264.16M | 7.69x | 10.81x | 33.20x | 33.20x |
| Venture Global, Inc. (VG)vs › | $31.94B | 4.53x | 5.83x | 7.19x | 7.19x |
| EQT Corporation (EQT)vs › | $32.49B | 3.77x | 5.03x | 4.91x | 3.87x |
| Occidental Petroleum Corporation (OXY)vs › | $56.24B | 2.95x | 2.65x | 2.62x | 2.69x |
Understanding EV/Sales
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
- It works for unprofitable companies where P/E doesn't apply
- Revenue is harder to manipulate than earnings
- It supports comparisons across companies at different profitability stages
- It is frequently used for software and other revenue-growth-focused companies
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
Enphase Energy, Inc. EV/Sales Ratio Formula & Definition
EV/Sales = Enterprise Value / Revenue (TTM)
Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Enphase Energy, Inc. EV/Sales Ratio FAQ
- What is the EV/Sales ratio for Enphase Energy, Inc. (ENPH)?
- The EV/Sales ratio for ENPH stock is 5.20x.
- Is Enphase Energy, Inc.'s EV/Sales ratio high or low?
- Enphase Energy, Inc.'s EV/Sales ratio of 5.20x is 57% below its 5-year average of 12.00x, near the low end of its 5-year range (2.85x–31.22x).
- What is the TTM average EV/Sales ratio for Enphase Energy, Inc. (ENPH)?
- The TTM average EV/Sales ratio for ENPH stock is 3.92x.
- What is the 3Y average EV/Sales ratio for Enphase Energy, Inc. (ENPH)?
- The 3Y average EV/Sales ratio for ENPH stock is 6.67x.
- What is the 5Y average EV/Sales ratio for Enphase Energy, Inc. (ENPH)?
- The 5Y average EV/Sales ratio for ENPH stock is 12.00x.
- What is the 10Y average EV/Sales ratio for Enphase Energy, Inc. (ENPH)?
- The 10Y average EV/Sales ratio for ENPH stock is 8.67x.
- What is the 15Y average EV/Sales ratio for Enphase Energy, Inc. (ENPH)?
- The 15Y average EV/Sales ratio for ENPH stock is 4.99x.
Enphase Energy, Inc. EV/Sales Ratio History
| DATE | EV/SALES RATIO |
|---|---|
| 2026-06-12 | 5.20x |
| 2026-06-11 | 5.24x |
| 2026-06-10 | 4.83x |
| 2026-06-09 | 5.10x |
| 2026-06-08 | 5.42x |
| 2026-06-05 | 5.34x |
| 2026-06-04 | 6.50x |
| 2026-06-03 | 6.56x |
| 2026-06-02 | 6.87x |
| 2026-06-01 | 6.06x |
| 2026-05-29 | 6.50x |
| 2026-05-28 | 6.60x |
| 2026-05-27 | 6.68x |
| 2026-05-26 | 6.36x |
| 2026-05-22 | 6.09x |
| 2026-05-21 | 5.93x |
| 2026-05-20 | 5.07x |
| 2026-05-19 | 4.47x |
| 2026-05-18 | 4.74x |
| 2026-05-15 | 5.04x |
| 2026-05-14 | 4.59x |
| 2026-05-13 | 4.02x |
| 2026-05-12 | 3.60x |
| 2026-05-11 | 3.61x |
| 2026-05-08 | 3.50x |
| 2026-05-07 | 3.41x |
| 2026-05-06 | 3.44x |
| 2026-05-05 | 3.46x |
| 2026-05-04 | 3.13x |
| 2026-05-01 | 3.26x |
| 2026-04-30 | 3.17x |
| 2026-04-29 | 3.01x |
| 2026-04-28 | 3.30x |
| 2026-04-27 | 3.69x |
| 2026-04-24 | 3.74x |
| 2026-04-23 | 3.78x |
| 2026-04-22 | 3.71x |
| 2026-04-21 | 3.55x |
| 2026-04-20 | 3.57x |
| 2026-04-17 | 3.44x |
| 2026-04-16 | 3.40x |
| 2026-04-15 | 3.42x |
| 2026-04-14 | 3.40x |
| 2026-04-13 | 3.34x |
| 2026-04-10 | 3.33x |
| 2026-04-09 | 3.33x |
| 2026-04-08 | 3.45x |
| 2026-04-07 | 3.40x |
| 2026-04-06 | 3.55x |
| 2026-04-02 | 3.67x |
| 2026-04-01 | 3.97x |
| 2026-03-31 | 3.93x |
| 2026-03-30 | 3.73x |
| 2026-03-27 | 3.93x |
| 2026-03-26 | 4.14x |
| 2026-03-25 | 4.35x |
| 2026-03-24 | 4.21x |
| 2026-03-23 | 4.19x |
| 2026-03-20 | 4.50x |
| 2026-03-19 | 4.55x |
| 2026-03-18 | 4.42x |
| 2026-03-17 | 4.55x |
| 2026-03-16 | 4.66x |
| 2026-03-13 | 4.49x |
| 2026-03-12 | 4.36x |
| 2026-03-11 | 4.43x |
| 2026-03-10 | 4.45x |
| 2026-03-09 | 4.20x |
| 2026-03-06 | 4.15x |
| 2026-03-05 | 4.23x |
| 2026-03-04 | 4.37x |
| 2026-03-03 | 4.42x |
| 2026-03-02 | 4.55x |
| 2026-02-27 | 4.33x |
| 2026-02-26 | 4.65x |
| 2026-02-25 | 4.89x |
| 2026-02-24 | 5.01x |
| 2026-02-23 | 4.80x |
| 2026-02-20 | 4.72x |
| 2026-02-19 | 4.51x |
| 2026-02-18 | 4.67x |
| 2026-02-17 | 4.64x |
| 2026-02-13 | 4.44x |
| 2026-02-12 | 4.43x |
| 2026-02-11 | 4.79x |
| 2026-02-10 | 4.97x |
| 2026-02-09 | 4.97x |
| 2026-02-06 | 4.93x |
| 2026-02-05 | 4.71x |
| 2026-02-04 | 5.09x |
| 2026-02-03 | 3.83x |
| 2026-02-02 | 3.76x |
| 2026-01-30 | 3.80x |
| 2026-01-29 | 3.91x |
| 2026-01-28 | 4.11x |
| 2026-01-27 | 4.06x |
| 2026-01-26 | 4.02x |
| 2026-01-23 | 4.02x |
| 2026-01-22 | 4.11x |
| 2026-01-21 | 3.71x |
| 2026-01-20 | 3.59x |
| 2026-01-16 | 3.63x |
| 2026-01-15 | 3.66x |
| 2026-01-14 | 3.73x |
| 2026-01-13 | 3.75x |
| 2026-01-12 | 3.78x |
| 2026-01-09 | 3.65x |
| 2026-01-08 | 3.67x |
| 2026-01-07 | 3.60x |
| 2026-01-06 | 3.61x |
| 2026-01-05 | 3.54x |
| 2026-01-02 | 3.52x |
| 2025-12-31 | 3.37x |
| 2025-12-30 | 3.38x |
| 2025-12-29 | 3.46x |
| 2025-12-26 | 3.45x |
| 2025-12-24 | 3.44x |
| 2025-12-23 | 3.38x |
| 2025-12-22 | 3.50x |
| 2025-12-19 | 3.47x |
| 2025-12-18 | 3.45x |
| 2025-12-17 | 3.33x |
| 2025-12-16 | 3.35x |
| 2025-12-15 | 3.31x |
| 2025-12-12 | 3.38x |
| 2025-12-11 | 3.45x |
| 2025-12-10 | 3.43x |
| 2025-12-09 | 3.32x |
| 2025-12-08 | 3.30x |
| 2025-12-05 | 3.30x |
| 2025-12-04 | 3.25x |
| 2025-12-03 | 3.13x |
| 2025-12-02 | 3.11x |
| 2025-12-01 | 3.06x |
| 2025-11-28 | 3.09x |
| 2025-11-26 | 3.00x |
| 2025-11-25 | 2.99x |
| 2025-11-24 | 2.90x |
| 2025-11-21 | 2.92x |
| 2025-11-20 | 2.85x |
| 2025-11-19 | 2.91x |
| 2025-11-18 | 2.98x |
| 2025-11-17 | 2.97x |
| 2025-11-14 | 3.07x |
| 2025-11-13 | 3.09x |
| 2025-11-12 | 3.25x |
| 2025-11-11 | 3.26x |
| 2025-11-10 | 3.44x |
| 2025-11-07 | 3.21x |
| 2025-11-06 | 3.29x |
| 2025-11-05 | 3.38x |
| 2025-11-04 | 3.10x |
| 2025-11-03 | 3.14x |
| 2025-10-31 | 3.23x |
| 2025-10-30 | 3.20x |
| 2025-10-29 | 3.29x |
| 2025-10-28 | 3.78x |
| 2025-10-27 | 3.94x |
| 2025-10-24 | 3.89x |
| 2025-10-23 | 3.83x |
| 2025-10-22 | 3.87x |
| 2025-10-21 | 3.97x |
| 2025-10-20 | 4.01x |
| 2025-10-17 | 3.92x |
| 2025-10-16 | 4.01x |
| 2025-10-15 | 4.01x |
| 2025-10-14 | 3.91x |
| 2025-10-13 | 3.76x |
| 2025-10-10 | 3.71x |
| 2025-10-09 | 3.93x |
| 2025-10-08 | 3.87x |
| 2025-10-07 | 3.89x |
| 2025-10-06 | 3.97x |
| 2025-10-03 | 3.94x |
| 2025-10-02 | 4.02x |
| 2025-10-01 | 3.96x |
| 2025-09-30 | 3.81x |
| 2025-09-29 | 3.87x |
| 2025-09-26 | 3.91x |
| 2025-09-25 | 3.96x |
| 2025-09-24 | 4.05x |
| 2025-09-23 | 3.99x |
| 2025-09-22 | 4.28x |
| 2025-09-19 | 4.09x |
| 2025-09-18 | 4.09x |
| 2025-09-17 | 4.11x |
| 2025-09-16 | 4.14x |
| 2025-09-15 | 4.05x |
| 2025-09-12 | 4.01x |
| 2025-09-11 | 3.99x |
| 2025-09-10 | 3.97x |
| 2025-09-09 | 4.04x |
| 2025-09-08 | 4.12x |
| 2025-09-05 | 4.20x |
| 2025-09-04 | 3.91x |
| 2025-09-03 | 3.96x |
| 2025-09-02 | 3.96x |
| 2025-08-29 | 4.02x |
| 2025-08-28 | 4.01x |
| 2025-08-27 | 4.01x |
| 2025-08-26 | 4.04x |
| 2025-08-25 | 4.07x |
| 2025-08-22 | 4.06x |
| 2025-08-21 | 3.74x |
| 2025-08-20 | 3.84x |
| 2025-08-19 | 3.89x |
| 2025-08-18 | 3.84x |
| 2025-08-15 | 3.76x |
| 2025-08-14 | 3.52x |
| 2025-08-13 | 3.70x |
| 2025-08-12 | 3.64x |
| 2025-08-11 | 3.55x |
| 2025-08-08 | 3.54x |
| 2025-08-07 | 3.48x |
| 2025-08-06 | 3.33x |
| 2025-08-05 | 3.49x |
| 2025-08-04 | 3.47x |
| 2025-08-01 | 3.45x |
| 2025-07-31 | 3.53x |
| 2025-07-30 | 3.63x |
| 2025-07-29 | 3.64x |
| 2025-07-28 | 3.77x |
| 2025-07-25 | 3.81x |
| 2025-07-24 | 3.82x |
| 2025-07-23 | 3.91x |
| 2025-07-22 | 4.46x |
| 2025-07-21 | 4.42x |
| 2025-07-18 | 4.41x |
| 2025-07-17 | 4.33x |
| 2025-07-16 | 4.36x |
| 2025-07-15 | 4.47x |
| 2025-07-14 | 4.64x |
| 2025-07-11 | 4.63x |
| 2025-07-10 | 4.73x |
| 2025-07-09 | 4.72x |
| 2025-07-08 | 4.54x |
| 2025-07-07 | 4.69x |
| 2025-07-03 | 4.70x |
| 2025-07-02 | 4.54x |
| 2025-07-01 | 4.54x |
| 2025-06-30 | 4.42x |
| 2025-06-27 | 4.53x |
| 2025-06-26 | 4.74x |
| 2025-06-25 | 4.27x |
| 2025-06-24 | 4.29x |
| 2025-06-23 | 3.93x |
| 2025-06-20 | 4.05x |
| 2025-06-18 | 4.10x |
| 2025-06-17 | 3.96x |
| 2025-06-16 | 5.02x |
| 2025-06-13 | 4.99x |
| 2025-06-12 | 4.90x |
| 2025-06-11 | 4.96x |
| 2025-06-10 | 4.94x |
| 2025-06-09 | 4.76x |
| 2025-06-06 | 4.56x |
| 2025-06-05 | 4.57x |
| 2025-06-04 | 4.75x |
| 2025-06-03 | 4.81x |
| 2025-06-02 | 4.58x |
Showing the most recent 260 of 3,571 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