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Enphase Energy is a global energy technology company. The company delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Geographically, it derives a majority of revenue from the United States.
2006
2.8K+
LTM Revenue $1.4B
LTM EBITDA $426M
$6.8B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Enphase Energy has a last 12-month revenue of $1.4B and a last 12-month EBITDA of $426M.
In the most recent fiscal year, Enphase Energy achieved revenue of $1.3B and an EBITDA of $210M.
Enphase Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Enphase Energy valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $2.3B | $1.3B | XXX | XXX | XXX |
| Gross Profit | $975M | $1.1B | XXX | XXX | XXX |
| Gross Margin | 43% | 80% | XXX | XXX | XXX |
| EBITDA | $597M | $210M | XXX | XXX | XXX |
| EBITDA Margin | 26% | 16% | XXX | XXX | XXX |
| Net Profit | $397M | $439M | XXX | XXX | XXX |
| Net Margin | 17% | 33% | XXX | XXX | XXX |
| Net Debt | $817M | $1.0B | XXX | XXX | XXX |
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As of April 15, 2025, Enphase Energy's stock price is $55.
Enphase Energy has current market cap of $7.2B, and EV of $6.8B.
See Enphase Energy trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $6.8B | $7.2B | XXX | XXX | XXX | XXX | $2.63 |
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Sign UpAs of April 15, 2025, Enphase Energy has market cap of $7.2B and EV of $6.8B.
Enphase Energy's trades at 4.9x LTM EV/Revenue multiple, and 16.1x LTM EBITDA.
Analysts estimate Enphase Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Enphase Energy and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $6.8B | XXX | XXX | XXX |
| EV/Revenue | 5.1x | XXX | XXX | XXX |
| EV/EBITDA | 32.5x | XXX | XXX | XXX |
| P/E | 69.7x | XXX | XXX | XXX |
| P/E/Growth | 0.9x | XXX | XXX | XXX |
| EV/FCF | 14.3x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpEnphase Energy's NTM/LTM revenue growth is 16%
Enphase Energy's revenue per employee for the last fiscal year averaged $0.5M, while opex per employee averaged $0.2M for the same period.
Over next 12 months, Enphase Energy's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Enphase Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Enphase Energy and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -42% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 16% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -65% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 31% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.5M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 16% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 10% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | 15% | XXX | XXX | XXX | XXX |
| Opex to Revenue | 40% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| SBM Offshore | XXX | XXX | XXX | XXX | XXX | XXX |
| Friedrich Vorwerk Group | XXX | XXX | XXX | XXX | XXX | XXX |
| GE Vernova T&D India | XXX | XXX | XXX | XXX | XXX | XXX |
| Suzlon Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Inox Wind | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Enphase Energy acquired XXX companies to date.
Last acquisition by Enphase Energy was XXXXXXXX, XXXXX XXXXX XXXXXX . Enphase Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Enphase Energy founded? | Enphase Energy was founded in 2006. |
| Where is Enphase Energy headquartered? | Enphase Energy is headquartered in United States of America. |
| How many employees does Enphase Energy have? | As of today, Enphase Energy has 2.8K+ employees. |
| Who is the CEO of Enphase Energy? | Enphase Energy's CEO is Mr. Badrinarayanan Kothandaraman. |
| Is Enphase Energy publicy listed? | Yes, Enphase Energy is a public company listed on NAS. |
| What is the stock symbol of Enphase Energy? | Enphase Energy trades under ENPH ticker. |
| When did Enphase Energy go public? | Enphase Energy went public in 2012. |
| Who are competitors of Enphase Energy? | Similar companies to Enphase Energy include e.g. SBM Offshore, Friedrich Vorwerk Group, GE Vernova T&D India, Suzlon Energy. |
| What is the current market cap of Enphase Energy? | Enphase Energy's current market cap is $7.2B |
| What is the current revenue of Enphase Energy? | Enphase Energy's last 12-month revenue is $1.4B. |
| What is the current EBITDA of Enphase Energy? | Enphase Energy's last 12-month EBITDA is $426M. |
| What is the current EV/Revenue multiple of Enphase Energy? | Current revenue multiple of Enphase Energy is 4.9x. |
| What is the current EV/EBITDA multiple of Enphase Energy? | Current EBITDA multiple of Enphase Energy is 16.1x. |
| What is the current revenue growth of Enphase Energy? | Enphase Energy revenue growth between 2023 and 2024 was -42%. |
| Is Enphase Energy profitable? | Yes, Enphase Energy is EBITDA-positive (as of the last 12 months). |
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