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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 $388M
$5.2B
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 (LTM) of $1.4B and a last 12-month EBITDA of $388M.
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| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue | $1.4B | XXX | $1.3B | XXX | XXX | XXX |
| Gross Profit | $630M | XXX | $629M | XXX | XXX | XXX |
| Gross Margin | 45% | XXX | 47% | XXX | XXX | XXX |
| EBITDA | $388M | XXX | $210M | XXX | XXX | XXX |
| EBITDA Margin | 28% | XXX | 16% | XXX | XXX | XXX |
| EBIT | $89.2M | XXX | $90.4M | XXX | XXX | XXX |
| EBIT Margin | 6% | XXX | 7% | XXX | XXX | XXX |
| Net Profit | $111M | XXX | $103M | XXX | XXX | XXX |
| Net Margin | 8% | XXX | 8% | XXX | XXX | XXX |
| Net Debt | XXX | XXX | $933M | XXX | XXX | XXX |
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As of May 30, 2025, Enphase Energy's stock price is $41.
Enphase Energy has current market cap of $5.4B, and EV of $5.2B.
See Enphase Energy trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $5.2B | $5.4B | XXX | XXX | XXX | XXX | $2.44 |
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Start Free TrialAs of May 30, 2025, Enphase Energy has market cap of $5.4B and EV of $5.2B.
Enphase Energy's trades at 3.9x EV/Revenue multiple, and 24.6x EV/EBITDA.
Equity research analysts estimate Enphase Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Enphase Energy has a P/E ratio of 48.9x.
See valuation multiples for Enphase Energy and 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $5.4B | XXX | $5.4B | XXX | XXX | XXX |
| EV (current) | $5.2B | XXX | $5.2B | XXX | XXX | XXX |
| EV/Revenue | 3.7x | XXX | 3.9x | XXX | XXX | XXX |
| EV/EBITDA | 13.3x | XXX | 24.6x | XXX | XXX | XXX |
| EV/EBIT | 58.0x | XXX | 57.2x | XXX | XXX | XXX |
| EV/Gross Profit | 8.2x | XXX | n/a | XXX | XXX | XXX |
| P/E | 48.9x | XXX | 52.9x | XXX | XXX | XXX |
| EV/FCF | 12.8x | XXX | 10.8x | 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.
Start Free TrialEnphase Energy's last 12 month revenue growth is 10%
Enphase Energy's revenue per employee in the last FY averaged $0.5M, while opex per employee averaged $0.2M for the same period.
Enphase Energy's rule of 40 is 36% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Enphase Energy's rule of X is 52% (created by Bessemer, rule of X is another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Enphase Energy and other 12K+ public comps| LTM | NTM | Last FY | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 10% | XXX | 10% | XXX | XXX | XXX |
| EBITDA Margin | 28% | XXX | 16% | XXX | XXX | XXX |
| EBITDA Growth | 12% | XXX | -18% | XXX | XXX | XXX |
| Rule of 40 | 36% | XXX | 26% | XXX | XXX | XXX |
| Bessemer Rule of X | XXX | XXX | 52% | XXX | XXX | XXX |
| Revenue per Employee | XXX | XXX | $0.5M | XXX | XXX | XXX |
| Opex per Employee | XXX | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | XXX | XXX | 16% | XXX | XXX | XXX |
| G&A Expenses to Revenue | XXX | XXX | n/a | XXX | XXX | XXX |
| R&D Expenses to Revenue | XXX | XXX | 15% | XXX | XXX | XXX |
| Opex to Revenue | XXX | XXX | 40% | 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 |
Valuation data powered by FactSet, Inc.
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 |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Start Free Trial| 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 $5.4B |
| What is the current revenue of Enphase Energy? | Enphase Energy's last 12 months revenue is $1.4B. |
| What is the current revenue growth of Enphase Energy? | Enphase Energy revenue growth (NTM/LTM) is 10%. |
| What is the current EV/Revenue multiple of Enphase Energy? | Current revenue multiple of Enphase Energy is 3.7x. |
| Is Enphase Energy profitable? | Yes, Enphase Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Enphase Energy? | Enphase Energy's last 12 months EBITDA is $388M. |
| What is Enphase Energy's EBITDA margin? | Enphase Energy's last 12 months EBITDA margin is 28%. |
| What is the current EV/EBITDA multiple of Enphase Energy? | Current EBITDA multiple of Enphase Energy is 13.3x. |
| What is the current FCF of Enphase Energy? | Enphase Energy's last 12 months FCF is $403M. |
| What is Enphase Energy's FCF margin? | Enphase Energy's last 12 months FCF margin is 29%. |
| What is the current EV/FCF multiple of Enphase Energy? | Current FCF multiple of Enphase Energy is 12.8x. |
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