Basis: Current FMP quote-based enterprise value / four-quarter revenue. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/Sales ratio high or low?
The EV/Sales ratio of 3.68x is 66% below its estimated 5-year average of 10.94x, near the low end of its estimated 5-year range (2.85x–30.76x).
As of 2026-09-12T00:15:29.934Z. 6.07% below its estimated 12-month average of 3.92x.
Calculation as of: 2026-09-12T00:15:29.934Z.
Quote observation: 2026-09-11T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: e4244054675b99b684e7ad72bcc3858181f21a0a1099bdab27c3ddf9ec3df44c
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-10.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/SALES RATIO
3.68x
EV/SALES RATIO AVG TTM
3.92x
EV/SALES RATIO AVG 3Y
6.29x
EV/SALES RATIO AVG 5Y
10.94x
EV/SALES RATIO AVG 10Y
8.57x
EV/SALES RATIO AVG 15Y
4.92x
EV/SALES RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-6.07%
CURRENT VS 3Y AVG
-41.46%
CURRENT VS 5Y AVG
-66.37%
CURRENT VS 10Y AVG
-57.04%
CURRENT VS 15Y AVG
-25.24%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
2.70x
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+36.30%
vs the sector median at left
Enphase Energy, Inc.
Market Cap
$4.80B
EV/Sales Ratio
3.68x
TTM Avg
3.92x
3Y Avg
6.29x
5Y Avg
10.94x
Market Cap
$5.04B
EV/Sales Ratio
1.58x
TTM Avg
1.65x
3Y Avg
1.59x
5Y Avg
1.50x
Market Cap
$5.08B
EV/Sales Ratio
1.84x
TTM Avg
1.30x
3Y Avg
1.18x
5Y Avg
1.10x
Market Cap
$4.40B
EV/Sales Ratio
1.52x
TTM Avg
1.34x
3Y Avg
1.41x
5Y Avg
1.87x
Market Cap
$6.37B
EV/Sales Ratio
1.43x
TTM Avg
1.42x
3Y Avg
1.40x
5Y Avg
1.31x
Market Cap
$2.11B
EV/Sales Ratio
1.48x
TTM Avg
2.13x
3Y Avg
1.65x
5Y Avg
3.78x
Market Cap
$7.95B
EV/Sales Ratio
3.29x
TTM Avg
3.74x
3Y Avg
3.70x
5Y Avg
2.99x
Market Cap
$1.47B
EV/Sales Ratio
7.59x
TTM Avg
7.20x
3Y Avg
6.02x
5Y Avg
5.30x
| NAME | MARKET CAP | EV/SALES RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $4.80B | 3.68x | 3.92x | 6.29x | 10.94x |
| California Resources Corp (CRC)vs › | $5.04B | 1.58x | 1.65x | 1.59x | 1.50x |
| Oceaneering International, Inc. (OII)vs › | $5.08B | 1.84x | 1.30x | 1.18x | 1.10x |
| Helmerich & Payne, Inc. (HP)vs › | $4.40B | 1.52x | 1.34x | 1.41x | 1.87x |
| Weatherford International plc (WFRD)vs › | $6.37B | 1.43x | 1.42x | 1.40x | 1.31x |
| Centrus Energy Corp. (LEU)vs › | $2.89B | 4.63x | 9.45x | 5.20x | 3.87x |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.11B | 1.48x | 2.13x | 1.65x | 3.78x |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.95B | 3.29x | 3.74x | 3.70x | 2.99x |
| Natural Resource Partners L.P. (NRP)vs › | $1.47B | 7.59x | 7.20x | 6.02x | 5.30x |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.43B | 7.06x | 7.36x | 7.47x | 7.62x |
Enterprise Value (EV) = Market Cap + Total Debt - Cash
Sales = Total Revenue (TTM)
EV/Sales is commonly used because:
Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.
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
| DATE | EV/SALES RATIO |
|---|---|
| 2026-09-10 | 3.75x |
| 2026-09-09 | 3.73x |
| 2026-09-08 | 3.94x |
| 2026-09-04 | 3.70x |
| 2026-09-03 | 3.69x |
| 2026-09-02 | 3.61x |
| 2026-09-01 | 3.62x |
| 2026-08-31 | 3.70x |
| 2026-08-28 | 3.79x |
| 2026-08-27 | 3.99x |
| 2026-08-26 | 3.90x |
| 2026-08-25 | 3.80x |
| 2026-08-24 | 3.78x |
| 2026-08-21 | 3.92x |
| 2026-08-20 | 3.90x |
| 2026-08-19 | 4.00x |
| 2026-08-18 | 3.82x |
| 2026-08-17 | 3.93x |
| 2026-08-14 | 4.11x |
| 2026-08-13 | 4.14x |
| 2026-08-12 | 4.14x |
| 2026-08-11 | 4.29x |
| 2026-08-10 | 4.15x |
| 2026-08-07 | 4.25x |
| 2026-08-06 | 4.03x |
| 2026-08-05 | 3.96x |
| 2026-08-04 | 4.24x |
| 2026-08-03 | 4.00x |
| 2026-07-31 | 3.82x |
| 2026-07-30 | 3.80x |
| 2026-07-29 | 3.57x |
| 2026-07-28 | 3.49x |
| 2026-07-27 | 3.65x |
| 2026-07-24 | 3.53x |
| 2026-07-23 | 3.73x |
| 2026-07-22 | 3.80x |
| 2026-07-21 | 3.83x |
| 2026-07-20 | 3.78x |
| 2026-07-17 | 3.98x |
| 2026-07-16 | 3.94x |
| 2026-07-15 | 4.21x |
| 2026-07-14 | 4.30x |
| 2026-07-13 | 4.12x |
| 2026-07-10 | 4.29x |
| 2026-07-09 | 4.29x |
| 2026-07-08 | 4.12x |
| 2026-07-07 | 4.12x |
| 2026-07-06 | 4.26x |
| 2026-07-02 | 4.12x |
| 2026-07-01 | 4.48x |
| 2026-06-30 | 4.70x |
| 2026-06-29 | 4.62x |
| 2026-06-26 | 4.55x |
| 2026-06-25 | 4.51x |
| 2026-06-24 | 4.57x |
| 2026-06-23 | 4.51x |
| 2026-06-22 | 5.00x |
| 2026-06-18 | 4.99x |
| 2026-06-17 | 4.56x |
| 2026-06-16 | 4.80x |
| 2026-06-15 | 5.00x |
| 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 | 3.61x |
| 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 | 4.37x |
| 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 | 3.93x |
| 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 |
Showing the most recent 260 of 3,632 data points. The chart above shows the full history.
