$9.28B Market Cap.
ENPH Market Cap. (MRY)
ENPH Shares Outstanding (MRY)
ENPH Assets (MRY)
Total Assets
$3.25B
Total Liabilities
$2.42B
Total Investments
$1.25B
ENPH Income (MRY)
Revenue
$1.33B
Net Income
$102.66M
Operating Expense
$551.85M
ENPH Cash Flow (MRY)
CF Operations
$513.69M
CF Investing
$128.27M
CF Financing
-$460.27M
ENPH Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0 | 0% | 0% | 0% | - |
2023 | $0 | 0% | 0% | 0% | - |
2022 | $0 | 0% | 0% | 0% | - |
2021 | $0 | 0% | 0% | 0% | - |
2020 | $0 | 0% | - | 0% | - |
ENPH Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $3,249,676,000 (-3.94%) | $3,383,012,000 (9.69%) | $3,084,280,000 (48.34%) | $2,079,256,000 (73.26%) |
Assets Current | $2,327,084,000 (-4.77%) | $2,443,518,000 (7.92%) | $2,264,271,000 (54.83%) | $1,462,461,000 (56.74%) |
Assets Non-Current | $922,592,000 (-1.80%) | $939,494,000 (14.57%) | $820,009,000 (32.95%) | $616,795,000 (130.98%) |
Goodwill & Intangible Assets | $253,969,000 (-10.29%) | $283,098,000 (-9.58%) | $313,100,000 (12.22%) | $279,012,000 (420.63%) |
Shareholders Equity | $833,016,000 (-15.31%) | $983,624,000 (19.14%) | $825,573,000 (91.92%) | $430,168,000 (-11.12%) |
Property Plant & Equipment Net | $172,131,000 (-8.50%) | $188,131,000 (41.72%) | $132,746,000 (37.44%) | $96,587,000 (59.21%) |
Cash & Equivalents | $464,116,000 (60.73%) | $288,748,000 (-38.99%) | $473,244,000 (296.63%) | $119,316,000 (-82.44%) |
Accumulated Other Comprehensive Income | -$6,352,000 (-219.52%) | -$1,988,000 (81.73%) | -$10,882,000 (-438.71%) | -$2,020,000 (-565.44%) |
Deferred Revenue | $579,207,000 (18.82%) | $487,472,000 (30.91%) | $372,360,000 (49.03%) | $249,856,000 (44.31%) |
Total Investments | $1,253,480,000 (-10.87%) | $1,406,286,000 (23.40%) | $1,139,599,000 (27.00%) | $897,335,000 (0%) |
Investments Current | $1,253,480,000 (-10.87%) | $1,406,286,000 (23.40%) | $1,139,599,000 (27.00%) | $897,335,000 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $165,004,000 (-22.75%) | $213,595,000 (42.67%) | $149,708,000 (101.22%) | $74,400,000 (78.14%) |
Trade & Non-Trade Receivables | $223,749,000 (-49.83%) | $445,959,000 (1.15%) | $440,896,000 (32.15%) | $333,626,000 (83.14%) |
Trade & Non-Trade Payables | $90,032,000 (-22.50%) | $116,164,000 (-7.13%) | $125,085,000 (9.95%) | $113,767,000 (56.68%) |
Accumulated Retained Earnings (Deficit) | -$245,206,000 (-629.91%) | $46,273,000 (166.93%) | $17,335,000 (104.27%) | -$405,737,000 (-692.67%) |
Tax Assets | $315,567,000 (25.04%) | $252,370,000 (23.18%) | $204,872,000 (67.28%) | $122,470,000 (31.82%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $1,302,380,000 (0.67%) | $1,293,738,000 (0.26%) | $1,290,357,000 (24.35%) | $1,037,646,000 (213.62%) |
Debt Current | $101,291,000 (0%) | $0 (0%) | $90,892,000 (5.62%) | $86,052,000 (-73.60%) |
Debt Non-Current | $1,201,089,000 (-7.16%) | $1,293,738,000 (7.86%) | $1,199,465,000 (26.05%) | $951,594,000 (19328.22%) |
Total Liabilities | $2,416,660,000 (0.72%) | $2,399,388,000 (6.23%) | $2,258,707,000 (36.97%) | $1,649,088,000 (130.28%) |
Liabilities Current | $660,091,000 (23.97%) | $532,449,000 (-16.57%) | $638,219,000 (45.12%) | $439,796,000 (-17.65%) |
Liabilities Non-Current | $1,756,569,000 (-5.91%) | $1,866,939,000 (15.21%) | $1,620,488,000 (34.00%) | $1,209,292,000 (564.21%) |
ENPH Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,330,383,000 (-41.92%) | $2,290,786,000 (-1.72%) | $2,330,853,000 (68.65%) | $1,382,049,000 (78.46%) |
Cost of Revenue | $701,245,000 (-43.10%) | $1,232,398,000 (-9.13%) | $1,356,258,000 (63.87%) | $827,627,000 (93.17%) |
Selling General & Administrative Expense | $337,377,000 (-8.73%) | $369,627,000 (4.09%) | $355,104,000 (52.36%) | $233,064,000 (124.92%) |
Research & Development Expense | $201,315,000 (-11.45%) | $227,336,000 (34.64%) | $168,846,000 (60.00%) | $105,526,000 (88.71%) |
Operating Expenses | $551,846,000 (-9.92%) | $612,647,000 (16.40%) | $526,334,000 (55.45%) | $338,590,000 (112.23%) |
Interest Expense | $8,905,000 (0.75%) | $8,839,000 (-6.35%) | $9,438,000 (-79.10%) | $45,152,000 (115.00%) |
Income Tax Expense | $17,501,000 (-76.41%) | $74,203,000 (35.69%) | $54,686,000 (323.02%) | -$24,521,000 (-68.12%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $102,658,000 (-76.61%) | $438,936,000 (10.46%) | $397,362,000 (173.20%) | $145,449,000 (8.55%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $102,658,000 (-76.61%) | $438,936,000 (10.46%) | $397,362,000 (173.20%) | $145,449,000 (8.55%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $102,658,000 (-76.61%) | $438,936,000 (10.46%) | $397,362,000 (173.20%) | $145,449,000 (8.55%) |
Weighted Average Shares | $135,167,000 (-0.89%) | $136,376,000 (0.76%) | $135,349,000 (0.99%) | $134,025,000 (6.74%) |
Weighted Average Shares Diluted | $140,004,000 (-2.29%) | $143,290,000 (-0.76%) | $144,390,000 (1.06%) | $142,878,000 (0.68%) |
Earning Before Interest & Taxes (EBIT) | $129,064,000 (-75.27%) | $521,978,000 (13.11%) | $461,486,000 (177.87%) | $166,080,000 (18.28%) |
Gross Profit | $629,138,000 (-40.56%) | $1,058,388,000 (8.60%) | $974,595,000 (75.79%) | $554,422,000 (60.25%) |
Operating Income | $77,292,000 (-82.66%) | $445,741,000 (-0.56%) | $448,261,000 (107.69%) | $215,832,000 (15.77%) |
ENPH Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $128,267,000 (135.01%) | -$366,355,000 (1.49%) | -$371,906,000 (69.50%) | -$1,219,547,000 (-4669.82%) |
Net Cash Flow from Financing | -$460,269,000 (10.93%) | -$516,774,000 (-2917.48%) | -$17,126,000 (-105.54%) | $309,411,000 (61.42%) |
Net Cash Flow from Operations | $513,693,000 (-26.28%) | $696,780,000 (-6.45%) | $744,817,000 (111.58%) | $352,028,000 (62.72%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $175,368,000 (195.05%) | -$184,496,000 (-152.13%) | $353,928,000 (163.19%) | -$560,063,000 (-246.13%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$62,162,000 (73.62%) | -$235,652,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $161,871,000 (163.24%) | -$255,954,000 (2.79%) | -$263,301,000 (71.73%) | -$931,387,000 (-18490.56%) |
Capital Expenditure | -$33,604,000 (69.56%) | -$110,401,000 (-137.71%) | -$46,443,000 (11.55%) | -$52,508,000 (-155.41%) |
Issuance (Repayment) of Debt Securities | -$7,000 (0%) | $0 (0%) | $0 (0%) | $896,498,000 (233.13%) |
Issuance (Purchase) of Equity Shares | -$378,676,000 (4.41%) | -$396,128,000 (-3919.94%) | $10,370,000 (102.11%) | -$492,516,000 (-5966.78%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$6,323,000 (-441.23%) | $1,853,000 (199.78%) | -$1,857,000 (5.01%) | -$1,955,000 (-336.68%) |
Share Based Compensation | $211,360,000 (-0.70%) | $212,857,000 (-1.82%) | $216,802,000 (89.70%) | $114,286,000 (168.89%) |
Depreciation Amortization & Accretion | $81,389,000 (8.94%) | $74,708,000 (27.11%) | $58,775,000 (90.54%) | $30,846,000 (70.39%) |
ENPH Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 47.30% (2.38%) | 46.20% (10.53%) | 41.80% (4.24%) | 40.10% (-10.29%) |
Profit Margin | 7.70% (-59.90%) | 19.20% (12.94%) | 17.00% (61.90%) | 10.50% (-39.31%) |
EBITDA Margin | 15.80% (-39.23%) | 26.00% (16.59%) | 22.30% (57.04%) | 14.20% (-30.73%) |
Return on Average Equity (ROAE) | 11.50% (-74.22%) | 44.60% (-37.80%) | 71.70% (195.06%) | 24.30% (-28.11%) |
Return on Average Assets (ROAA) | 3.20% (-74.80%) | 12.70% (-16.45%) | 15.20% (123.53%) | 6.80% (-45.16%) |
Return on Sales (ROS) | 9.70% (-57.46%) | 22.80% (15.15%) | 19.80% (65.00%) | 12.00% (-33.70%) |
Return on Invested Capital (ROIC) | 3.80% (-74.83%) | 15.10% (-12.21%) | 17.20% (75.51%) | 9.80% (-69.28%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 90.37 (120.21%) | 41.04 (-54.47%) | 90.12 (-46.30%) | 167.84 (2.34%) |
Price to Sales Ratio (P/S) | 6.98 (-11.30%) | 7.87 (-48.87%) | 15.39 (-13.27%) | 17.74 (-37.64%) |
Price to Book Ratio (P/B) | 11.14 (-39.28%) | 18.34 (-57.95%) | 43.62 (-23.97%) | 57.38 (25.27%) |
Debt to Equity Ratio (D/E) | 2.9 (18.94%) | 2.44 (-10.86%) | 2.74 (-28.64%) | 3.83 (159.05%) |
Earnings Per Share (EPS) | 0.76 (-76.40%) | 3.22 (9.52%) | 2.94 (169.72%) | 1.09 (1.87%) |
Sales Per Share (SPS) | 9.84 (-41.40%) | 16.8 (-2.46%) | 17.22 (67.00%) | 10.31 (67.19%) |
Free Cash Flow Per Share (FCFPS) | 3.55 (-17.40%) | 4.3 (-16.67%) | 5.16 (130.87%) | 2.23 (43.36%) |
Book Value Per Share (BVPS) | 6.16 (-14.56%) | 7.21 (18.25%) | 6.1 (90.03%) | 3.21 (-16.73%) |
Tangible Assets Book Value Per Share (TABVPS) | 22.16 (-2.50%) | 22.73 (11.02%) | 20.47 (52.43%) | 13.43 (47.10%) |
Enterprise Value Over EBIT (EV/EBIT) | 80 (122.22%) | 36 (-55.00%) | 80 (-46.31%) | 149 (-4.49%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 49.05 (53.67%) | 31.92 (-55.08%) | 71.05 (-43.63%) | 126.05 (-8.63%) |
Asset Turnover | 0.41 (-38.05%) | 0.67 (-25.20%) | 0.89 (38.47%) | 0.64 (-10.46%) |
Current Ratio | 3.52 (-23.19%) | 4.59 (29.34%) | 3.55 (6.71%) | 3.33 (90.33%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $480,089,000 (-18.13%) | $586,379,000 (-16.04%) | $698,374,000 (133.16%) | $299,520,000 (52.99%) |
Enterprise Value (EV) | $10,322,989,868 (-45.80%) | $19,045,414,682 (-48.48%) | $36,965,007,637 (48.92%) | $24,821,620,237 (13.52%) |
Earnings Before Tax (EBT) | $120,159,000 (-76.58%) | $513,139,000 (13.51%) | $452,048,000 (273.82%) | $120,928,000 (1.27%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $210,453,000 (-64.73%) | $596,686,000 (14.69%) | $520,261,000 (164.19%) | $196,926,000 (24.23%) |
Invested Capital | $3,173,880,000 (-11.16%) | $3,572,455,000 (21.10%) | $2,950,074,000 (29.46%) | $2,278,778,000 (763.32%) |
Working Capital | $1,666,993,000 (-12.77%) | $1,911,069,000 (17.53%) | $1,626,052,000 (59.00%) | $1,022,665,000 (156.29%) |
Tangible Asset Value | $2,995,707,000 (-3.36%) | $3,099,914,000 (11.86%) | $2,771,180,000 (53.93%) | $1,800,244,000 (57.02%) |
Market Capitalization | $9,279,122,868 (-48.57%) | $18,043,877,682 (-49.90%) | $36,014,309,637 (45.92%) | $24,680,883,237 (11.34%) |
Average Equity | $892,908,750 (-9.37%) | $985,250,500 (77.71%) | $554,401,750 (-7.42%) | $598,805,750 (50.97%) |
Average Assets | $3,228,355,750 (-6.31%) | $3,445,922,250 (31.49%) | $2,620,625,000 (21.83%) | $2,151,068,750 (99.12%) |
Invested Capital Average | $3,376,694,750 (-2.48%) | $3,462,581,750 (28.73%) | $2,689,729,500 (59.50%) | $1,686,310,500 (282.99%) |
Shares | 135,106,623 (-1.06%) | 136,551,216 (0.46%) | 135,923,572 (0.75%) | 134,912,448 (6.79%) |
