What is Enphase Energy's price / sales?

Enphase Energy (ENPH) reported price / sales of 3.5× in Q1 2026.

How has Enphase Energy's price / sales changed year-over-year?

Enphase Energy's price / sales decreased by 38.7% year-over-year, from 5.8× to 3.5×.

What is the long-term trend for Enphase Energy's price / sales?

Over 5 years (2020 to 2025), Enphase Energy's price / sales has grown at a -37.5% compound annual growth rate (CAGR), from 29.8× to 2.8×.

What does price / sales mean?

Market capitalization at the quarter end divided by trailing-twelve-month revenue. The price the market pays for each dollar of sales.

Enphase Energy ENPH Price / sales

Price / sales at other companies

Tesla, Inc.TSLA

14.3×+5.5×

Generac HoldingsGNRC

2.6×+0.9×

EnerSysENS

1.7×+0.7×

Quanta ServicesPWR

2.7×+1.2×

First SolarFSLR

3.9×+0.7×

Monolithic Power SystemsMPWR

18.2×+6.5×

Other financials

Income statement

See full

Revenue$282.9M-20.6%

Gross profit$100.4M-40.3%

Operating income-$29.6M-193%

Net income-$7.4M-125%

EPS (diluted)-$0.06-127%

Balance sheet

See full

Cash & equivalents$497.5M+19.9%

Total debt$612.1M-50.4%

Total equity$1.1B+36.0%

Total assets$2.7B-12.3%

Cash flow

See full

Operating cash flow$102.9M+112%

CapEx$19.9M+36.2%

Free cash flow$83.0M+145%

Valuation

See full

Market cap$6.89B-39.7%

Enterprise value$7B-43.9%

P/E51×-25.9×

Profitability

See full

Gross margin44.2%-3.7pp

Operating margin6.9%-2.9pp

Net margin9.6%-0.8pp

FCF margin10.4%-22.8pp

Returns & leverage

See full

Return on equity14.1%-3.0pp

Debt / equity0.6×-1.0×

Current ratio3.8×+1.9×

Where this comes from

Calculated from Enphase Energy’s reported figures.

market cap/total revenue=3.5×

Based on the most recent quarter.

The official record: Enphase Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about Enphase Energy's price / sales.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Enphase Energy's price / sales?: Enphase Energy (ENPH) reported price / sales of 3.5× in Q1 2026.
How has Enphase Energy's price / sales changed year-over-year?: Enphase Energy's price / sales decreased by 38.7% year-over-year, from 5.8× to 3.5×.
What is the long-term trend for Enphase Energy's price / sales?: Over 5 years (2020 to 2025), Enphase Energy's price / sales has grown at a -37.5% compound annual growth rate (CAGR), from 29.8× to 2.8×.
What does price / sales mean?: Market capitalization at the quarter end divided by trailing-twelve-month revenue. The price the market pays for each dollar of sales.