Enphase Energy, Inc. (ENPH) stock
ENPHNasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 27, 2026Score 12/3027% below fair value
$26.07−0.71 (-2.65%)
Close on Nov 13, 2026Market cap $3.45BP/E 39.5Yield –
Enphase Energy statistics
106 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.
Important dates
- Next earnings
- Feb 2, 2027 (estimated, during market hours)
- Last ex-dividend date
- No dividends
- Fundamentals through
- Sep 30, 2026
- Share price as of
- Nov 13, 2026
Valuation ratiosIndustry
- P/TBV Ratio
- 3.38
- 3.46
- P/OCF Ratio
- 18.07
- 22.76
Enterprise valuationIndustry
- EV / Sales
- 2.55
- 2.29
- EV / EBIT
- 60.87
- 25.34
- EV / FCF
- 22.83
- 31.33
Share statisticsIndustry
- Shares Change (YoY)
- -2.67%
- 2.33%
- Shares Change (QoQ)
- 0.13%
- 0.20%
- Float
- 129M
- 50M
- Shares Held by Insiders
- 2.85%
- 5.37%
- Shares Held by Institutions
- 94.1%
- 62.9%
Short sellingIndustry
- Short Interest
- 27M
- –
- Short Interest Change
- -7.07%
- -0.52%
- Short % of Float
- 21.3%
- 6.90%
- Short % of Shares Outstanding
- 20.7%
- 5.16%
- Days to Cover
- 3.36
- 3.55
Stock price statisticsIndustry
- 52-Week High
- $73.74
- –
- 52-Week Low
- $23.83
- –
- 20-Day Moving Average
- $28.98
- –
- 50-Day Moving Average
- $31.89
- –
- 200-Day Moving Average
- $40.46
- –
- Average True Range (14)
- $2.12
- –
- Price Change (1 Week)
- -8.41%
- 2.26%
- Price Change (1 Month)
- -15.4%
- -13.0%
- Price Change (3 Months)
- -32.5%
- -28.2%
- Price Change (6 Months)
- -50.7%
- -34.3%
- Price Change (YTD)
- -18.7%
- -1.61%
- Price Change (1 Year)
- -15.1%
- -1.02%
- Price Change (3 Years)
- -71.5%
- 16.8%
- Price Change (5 Years)
- -89.6%
- -29.9%
- Price Change (10 Years)
- 2186.8%
- 104.9%
- Average Volume (10 Days)
- 8M
- –
- Average Volume (20 Days)
- 8M
- –
- Average Volume (90 Days)
- 5M
- –
- Relative Volume
- 0.71
- 0.78
- Relative Strength Index (14)
- 38.2
- 42.5
- Volatility (1 Year)
- 83.0%
- 81.9%
- Beta (5 Years)
- 1.27
- 1.38
MarginsIndustry
- Pretax Margin
- 6.87%
- 2.97%
- EBITDA Margin
- 10.9%
- 4.94%
- FCF Margin
- 11.2%
- 2.73%
Returns on capitalIndustry
- Return on Equity (ROE)
- 8.12%
- -0.17%
- Return on Assets (ROA)
- 2.93%
- -1.58%
- Return on Invested Capital (ROIC)
- 6.33%
- 1.66%
- Return on Capital Employed (ROCE)
- 2.10%
- 0.42%
Financial positionIndustry
- Current Ratio
- 4.09
- 2.34
- Quick Ratio
- 2.57
- 1.31
- Debt / Equity
- 0.46
- 0.38
- Debt / EBITDA
- 4.33
- 2.03
- Debt / FCF
- 4.23
- 2.32
- Net Debt / EBITDA
- -2.71
- 0.66
- Interest Coverage
- 24.00
- 0.05
GrowthIndustry
- Revenue Growth (YoY)
- -19.9%
- 13.8%
- Net Income Growth (YoY)
- -53.6%
- 15.2%
- EPS Growth (YoY)
- -53.2%
- 19.8%
- FCF Growth (YoY)
- -37.7%
- 12.8%
- Revenue Growth (3Y CAGR)
- -14.2%
- 1.79%
- Revenue Growth (5Y CAGR)
- 13.7%
- 7.18%
- EPS Growth (3Y CAGR)
- -22.5%
- 5.05%
EfficiencyIndustry
- Asset Turnover
- 0.39
- 0.66
- Inventory Turnover
- 3.04
- 3.04
- Revenue Per Employee
- $421.80K
- $373.11K
- Profits Per Employee
- $31.61K
- -$6.97K
- Employee Count
- 2,872
- 534
- WACC
- 10.6%
- 11.4%
Income statement (TTM)Industry
- Pretax Income
- $83.17M
- $831.50K
Balance sheetIndustry
- Net Cash (Debt)
- $358.68M
- $7.36M
- Net Cash Per Share
- $2.71
- $0.33
- Equity (Book Value)
- $1.24B
- $198.19M
- Book Value Per Share
- $9.39
- $5.54
- Tangible Book Value
- $1.02B
- $63.35M
- Working Capital
- $1.42B
- $143.99M
Cash flow (TTM)Industry
- Capital Expenditures
- -$55.49M
- -$18.91M
- FCF Per Share
- $1.02
- $0.21
Dividends and yieldsIndustry
- Earnings Yield
- 2.63%
- -0.28%
- FCF Yield
- 3.92%
- 0.86%
- Buyback Yield
- 0.00%
- 0.47%
- Shareholder Yield
- 0.00%
- 0.97%
Taxes and interestIndustry
- Interest Expense
- $2.12M
- $9.04M
- Income Tax
- -$7.61M
- $3.09M
- Effective Tax Rate
- -9.15%
- 18.5%
Scores and fair valueIndustry
- Graham Number
- $11.81
- $33.09
- Graham Upside
- -54.7%
- -60.1%
- Altman Z-Score
- 2.26
- 2.74
- Piotroski F-Score
- 6
- 5
- Beneish M-Score
- -2.39
- -2.57
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.
| Period | ENPH | S&P 500 | Difference | ENPH per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | -18.6% | -3.0% | −15.6 pts | ||
| 3 months | -36.1% | -2.8% | −33.3 pts | ||
| Year to date | -18.7% | +11.5% | −30.1 pts | ||
| 1 year | -9.8% | +13.5% | −23.3 pts | ||
| 3 years | -66.8% | +77.7% | −144.5 pts | -30.8% | +21.1% |
| 5 years | -89.6% | +72.6% | −162.2 pts | -36.5% | +11.5% |
| 10 years | +2186.8% | +308.2% | +1878.7 pts | +36.7% | +15.1% |
Short interest
Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.
27M ENPH shares were sold short on Oct 30, 2026, down 7.1% from the previous report, or 21.27% of the shares available to trade. At recent volumes it would take 3.4 days to buy them back. Over the last 20 sessions, 43.7% of the volume reported to FINRA was short selling.
| Settlement date | Shares short | Change | Avg. daily volume | Days to cover |
|---|---|---|---|---|
| Oct 30, 2026 | 27,337,300 | -7.1% | 8,142,665 | 3.4 |
| Oct 15, 2026 | 29,418,531 | +4.6% | 4,695,542 | 6.3 |
| Sep 30, 2026 | 28,124,558 | +17.8% | 5,162,499 | 5.5 |
| Sep 15, 2026 | 23,876,212 | +2.1% | 4,154,184 | 5.8 |
| Aug 31, 2026 | 23,375,084 | +8.4% | 3,810,606 | 6.1 |
| Aug 14, 2026 | 21,559,258 | -6.4% | 3,980,865 | 5.4 |
| Jul 31, 2026 | 23,034,764 | +0.5% | 5,001,371 | 4.6 |
| Jul 15, 2026 | 22,918,331 | -2.6% | 4,531,731 | 5.1 |
| Jun 30, 2026 | 23,529,439 | -2.8% | 8,094,934 | 2.9 |
| Jun 15, 2026 | 24,211,504 | -9.5% | 6,931,179 | 3.5 |
| May 29, 2026 | 26,746,091 | -10.9% | 10,869,516 | 2.5 |
| May 15, 2026 | 30,028,982 | -0.8% | 8,331,821 | 3.6 |
Ratios use trailing-twelve-month results and the latest balance sheet. How we calculate.
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