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Enphase Energy ENPH Price / book

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0.9×-0.8×

Other financials

Income statement

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Revenue$291.9M-19.6%
Gross profit$175.0M+2.7%
Operating income$51.5M+39.2%
Net income$36.1M-2.6%
EPS (diluted)$0.27-3.6%

Balance sheet

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Cash & equivalents$529.3M+42.9%
Total debt$613.4M-50.3%
Total equity$1.2B+34.2%
Total assets$2.9B-8.2%

Cash flow

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Operating cash flow$40.3M+51.4%
CapEx$14.4M+74.3%
Free cash flow$25.9M+41.1%

Valuation

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Market cap$5.15B+30.7%
Enterprise value$5.23B+9.0%
P/E38.4×+15.9×
P/S3.9×+1.2×

Profitability

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Gross margin46.9%-1.3pp
Operating margin8.3%-3.4pp
Net margin10.1%-1.7pp
FCF margin11.5%-13.7pp

Returns & leverage

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Return on equity13%-6.8pp
Debt / equity0.5×-0.9×
Current ratio3.5×+1.5×

Where this comes from

Calculated from Enphase Energy’s reported figures.

Based on the most recent quarter.

The source filing: Enphase Energy’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001463101-26-000081

FAQ

What is Enphase Energy's price / book?
Enphase Energy (ENPH) reported price / book of 5.5× in Q2 2026.
How has Enphase Energy's price / book changed year-over-year?
Enphase Energy's price / book decreased by 4.0% year-over-year, from 5.7× to 5.5×.
What is the long-term trend for Enphase Energy's price / book?
Over 5 years (2020 to 2025), Enphase Energy's price / book has grown at a -39.5% compound annual growth rate (CAGR), from 47.6× to 3.9×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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