Company overview
Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter that converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control. It also provides microinverter units and related accessories; IQ Battery and related accessories; IQ Gateway and IQ Energy Router; cloud-based Enlighten monitoring service; and electric vehicle charging solutions, as well as design, proposal, permitting, and lead generation services. The company sells its solutions to solar distributors; and directly to large installers, original equipment manufacturers, strategic partners, and homeowners, as well as through its legacy product upgrade program or online store. Enphase Energy, Inc. was incorporated in 2006 and is headquartered in Fremont, California.
Daily valuation snapshot
These values come from the daily market snapshot dated 2026-10-08. TTM means trailing twelve months. Use the market date when comparing ENPH with another company.
| Daily close (USD) | $32.91 |
| Market capitalization (USD) | $4,348,431,210 |
| Price / earnings (TTM) | 32.45 |
| Price / book | 3.68 |
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Company size
Enphase Energy, Inc.'s recorded market capitalization is $4,348,431,210. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
ENPH's recorded P/E is 32.45: about $32.45 of share price for each $1 of trailing annual earnings per share. Compare that multiple with earnings growth and companies in the same business.
Price relative to book equity
ENPH's recorded price-to-book ratio is 3.68. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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