Enphase Energy Inc (NASDAQ:ENPH) — Market Cap & Net Worth
Market Cap & Net Worth: Enphase Energy Inc (ENPH)
Enphase Energy Inc (NASDAQ:ENPH) has a market capitalization of $4.12 Billion ($4.12 Billion) as of May 4, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #4077 globally and #1351 in its home market, demonstrating a -6.39% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Enphase Energy Inc's stock price $33.85 by its total outstanding shares 131783945 (131.78 Million). Analyse ENPH cash flow metrics to see how efficiently the company converts income to cash.
Enphase Energy Inc Market Cap History: 2015 to 2026
Enphase Energy Inc's market capitalization history from 2015 to 2026. Data shows growth from $462.56 Million to $4.46 Billion (19.94% CAGR).
Index Memberships
Enphase Energy Inc is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P 500 Index
GSPC
|
$59.46 Trillion | 0.01% | #498 of 503 |
|
NASDAQ Composite
IXIC
|
$38.77 Trillion | 0.01% | #449 of 3165 |
Weight: Enphase Energy Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Enphase Energy Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Enphase Energy Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.87x
Enphase Energy Inc's market cap is 2.87 times its annual revenue
Latest Price to Earnings (P/E) Ratio
24.54x
Enphase Energy Inc's market cap is 24.54 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $133.10 Million | $322.59 Million | -$67.46 Million | 0.41x | N/A |
| 2017 | $317.60 Million | $286.17 Million | -$45.19 Million | 1.11x | N/A |
| 2018 | $623.34 Million | $316.16 Million | -$11.63 Million | 1.97x | N/A |
| 2019 | $3.44 Billion | $624.33 Million | $161.15 Million | 5.52x | 21.37x |
| 2020 | $23.12 Billion | $774.42 Million | $134.00 Million | 29.86x | 172.57x |
| 2021 | $24.11 Billion | $1.38 Billion | $145.45 Million | 17.44x | 165.75x |
| 2022 | $34.92 Billion | $2.33 Billion | $397.36 Million | 14.98x | 87.87x |
| 2023 | $17.41 Billion | $2.29 Billion | $438.94 Million | 7.60x | 39.67x |
| 2024 | $9.05 Billion | $1.33 Billion | $102.66 Million | 6.80x | 88.17x |
| 2025 | $4.22 Billion | $1.47 Billion | $172.13 Million | 2.87x | 24.54x |
Competitor Companies of ENPH by Market Capitalization
Companies near Enphase Energy Inc in the global market cap rankings as of May 4, 2026.
Key companies related to Enphase Energy Inc by market ranking:
- First Solar Inc (NASDAQ:FSLR): Ranked #1225 globally with a market cap of $20.97 Billion USD.
- Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1448 globally with a market cap of $17.18 Billion USD.
- Tongwei Co Ltd (SHG:600438): Ranked #2015 globally with a market cap of $11.44 Billion USD ( CN¥78.20 Billion CNY).
- Waaree Energies Limited (NSE:WAAREEENER): Ranked #2281 globally with a market cap of $9.70 Billion USD ( Rs897.09 Billion INR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1225 | First Solar Inc | NASDAQ:FSLR | $20.97 Billion | $211.71 |
| #1448 | Nextracker Inc. Class A Common Stock | NASDAQ:NXT | $17.18 Billion | $119.93 |
| #2015 | Tongwei Co Ltd | SHG:600438 | $11.44 Billion | CN¥17.37 |
| #2281 | Waaree Energies Limited | NSE:WAAREEENER | $9.70 Billion | Rs3118.80 |
Enphase Energy Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, Enphase Energy Inc's market cap moved from $462.56 Million to $ 4.46 Billion, with a yearly change of 19.94%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $4.46 Billion | +5.62% |
| 2025 | $4.22 Billion | -53.33% |
| 2024 | $9.05 Billion | -48.02% |
| 2023 | $17.41 Billion | -50.13% |
| 2022 | $34.92 Billion | +44.83% |
| 2021 | $24.11 Billion | +4.26% |
| 2020 | $23.12 Billion | +571.53% |
| 2019 | $3.44 Billion | +452.43% |
| 2018 | $623.34 Million | +96.27% |
| 2017 | $317.60 Million | +138.61% |
| 2016 | $133.10 Million | -71.23% |
| 2015 | $462.56 Million | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Enphase Energy Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $4.12 Billion USD |
| MoneyControl | $4.12 Billion USD |
| MarketWatch | $4.12 Billion USD |
| marketcap.company | $4.12 Billion USD |
| Reuters | $4.12 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Enphase Energy Inc
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 mo… Read more