• Enphase Energy average price to free cash flow ratio for 2024 was 44.99, a 52.2% decline from 2023.
• Enphase Energy average price to free cash flow ratio for 2023 was 29.56, a 57.49% increase from 2022.
• Enphase Energy average price to free cash flow ratio for 2022 was 69.54, a 24.59% decline from 2021.

Price to free cash flow ratio can be defined as