Enphase Energy, Inc. (ENPH) — Financial ratios
Profitability, liquidity, leverage, and valuation ratios for Enphase Energy, Inc., with annual and quarterly history.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Valuation | ||||||
| P/E Ratio | 24.42x | 90.43x | 41.06x | 90.25x | 168.57x | 164.43x |
| P/B Ratio | 3.87x | 11.14x | 18.32x | 43.44x | 57.00x | 45.52x |
| P/S Ratio | 2.85x | 6.98x | 7.87x | 15.39x | 17.74x | 28.45x |
| Profitability | ||||||
| Gross Margin | 46.6% | 47.3% | 46.2% | 41.8% | 40.1% | 44.7% |
| Operating Margin | 11.2% | 5.8% | 19.5% | 19.2% | 15.6% | 24.1% |
| Net Margin | 11.7% | 7.7% | 19.2% | 17.0% | 10.5% | 17.3% |
| EBITDA Margin | 19.7% | 15.8% | 26.0% | 22.3% | 14.2% | 20.5% |
| Liquidity | ||||||
| Current Ratio | 2.07x | 3.53x | 4.59x | 3.55x | 3.33x | 1.75x |
| Quick Ratio | 1.84x | 3.28x | 4.19x | 3.31x | 3.16x | 1.67x |
| Leverage | ||||||
| Debt/Equity | 1.14x | 1.60x | 1.34x | 1.59x | 2.45x | 0.72x |
YoY = year-over-year change. Source: FMP..