Enphase EnergyENPH -1.28%76 FCF Margin % is 29.33% as of Mar. 2026, which is 41% above its 10-year median of 20.79. GuruFocus rates ENPH with a GF Score™ of 76/100 and a GF Value™ of $62.55 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,023 Semiconductors companies, Enphase Energy ranks better than 74.39% on this metric.
The historical rank and industry rank for Enphase Energy's FCF Margin % or its related term are showing as below:
ENPH'
s FCF Margin % Range Over the Past 10 Years
Min: -14.2 Med: 20.79 Max: 36.09
Current: 10.36
During the past 13 years, the highest FCF Margin % of Enphase Energy was 36.09%. The lowest was -14.20%. And the median was 20.79%.
ENPH's FCF Margin % is ranked better than 74.39% of 1023
companies
in the Semiconductors industry
Industry Median: -0.76
vs ENPH: 10.36
Enphase Energy FCF Margin % Related Terms
Enphase Energy FCF Margin % Historical Data
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The historical data trend for Enphase Energy's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Solar subindustry, Enphase Energy's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Enphase Energy FCF Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Enphase Energy's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Enphase Energy's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enphase Energy (ENPH) has a FCF Margin % of 29.33% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Enphase Energy and its competitors. This is 41% above median its historical median of 20.79. According to the industry distribution chart, Enphase Energy ranks #262 out of 1023 companies in the Semiconductors industry, placing it in the top 25.6%.
Is Enphase Energy's FCF Margin % too high?
Enphase Energy's current FCF Margin % of 29.33% is 41% above median its 10-year median of 20.79. Based on the distribution chart, Enphase Energy ranks #262 out of 1023 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Enphase Energy has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Enphase Energy's FCF Margin % compare to SEDG and RUN?
According to the Semiconductors industry distribution chart, Enphase Energy ranks #262 out of 1023 companies for FCF Margin %. This puts Enphase Energy in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Semiconductors company?
A good FCF Margin % depends on the Semiconductors industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Enphase Energy and its competitors. Enphase Energy's current FCF Margin % is 29.33%, which is 41% above median its own 10-year median of 20.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enphase Energy stock overvalued right now?
Based on GuruFocus' analysis, Enphase Energy (ENPH) is currently considered Modestly Undervalued. The stock's GF Value™ is $62.55, compared to a current price of $47.21 — trading 24.5% below its estimated fair value. The current FCF Margin % is 29.33%, which is 41% above median its 10-year median of 20.79. Enphase Energy's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Enphase Energy (ENPH), the current FCF Margin % is 29.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Enphase Energy (ENPH) Overvalued in 2026?
Based on GuruFocus' analysis, Enphase Energy stock appears to be undervalued.
The current stock price of $47.21 is trading 24.5% below its estimated GF Value™ of $62.55.
GuruFocus considers Enphase Energy to be Modestly Undervalued.
Key valuation signals for ENPH:
FCF Margin %: 29.33% (41% above median its 10-year median of 20.79)
GF Value™: $62.55 vs. price of $47.21 (24.5% below fair value)
No single metric tells the full story. See the ENPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enphase Energy is a global energy technology company. It delivers smart, easy-to-use solutions that manage solar generation, storage, and communication on one platform. The company's microinverter technology primarily serves the rooftop solar market and produces a fully integrated solar-plus-storage solution. Enphase derives a majority of revenue from the United States.
76GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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