Israeli developer and operator of solar, wind and battery-storage renewable energy projects across Israel, the US and Europe.
Israeli developer and operator of solar, wind and battery-storage renewable energy projects across Israel, the US and Europe.
Earns by selling electricity from projects it has built under long-term contracts with utilities and corporate buyers, so revenue rises as new projects switch on, while it funds growth by selling minority stakes in projects and by borrowing. Its 2022 purchase of US developer Clenera gave it a development pipeline in the US.
Moat: narrow (scale, installed base, regulatory licence). Development pipeline and a permitted/operating project portfolio are hard to replicate quickly.
Headquarters: Kfar Saba, Israel · Founded: 2008 · Employees: 406
Size Enlight Renewable Energy (ENLT) is a United States Utilities company (Alternative Power Generation) with a market value of $9.57B, the 799th largest of 3,117 United States companies the cockpit tracks. Shares closed at $68.32 on 6 Nov 2026.
Performance Over six months the shares fell 24.5%, against -10.6% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 16 in its peer set.
Growth Revenue grew 29.2% over the last twelve months (peer median +6.4%); the operating margin is 50.9% (peer median 25.9%).
Valuation It trades at 24.7× enterprise value to sales against a peer median of 8.7× (3rd most expensive of 17).
Capital Return on invested capital runs 6.4 points below its cost of capital (9.3% WACC).
Short interest Short interest is 0.9% of the free float (15 Oct 2026).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $633M | $529M | $384M | $260M | $183M |
| Revenue growth | — | +38% | +48% | +42% | — |
| Gross profit | $253M | $221M | $191M | $139M | $105M |
| EBITDA | $509M | $409M | $272M | $168M | $114M |
| Net income | $96.6M | $143M | $44.9M | $72.0M | $23.6M |
| Free cash flow | -$2.50B | -$1.73B | -$717M | -$675M | -$524M |
| Capital expenditure | $2.76B | $1.96B | $914M | $742M | $626M |
| Total debt | $6.65B | $5.15B | $3.13B | $2.69B | $2.18B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Enlight Renewable Energy ENLT | $9.57B | -25% | +29% | 51% | 24.7× | n/a |
| NextEra Energy NEE | $182B | -6% | +13% | 30% | 10.4× | 18.8% |
| Brookfield Renewable BEPC | $4.79B | -13% | +6% | 19% | 6.8× | n/a |
| Ormat Technologies ORA | $5.65B | -24% | +31% | 19% | 7.3× | n/a |
| Clearway Energy CWEN | $7.00B | -11% | +8% | 13% | 13.0× | 33.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ENLT | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.8% | +1.1% | 8th highest of 17 |
| 6-month return | -24.5% | -10.6% | 3rd lowest of 16 |
| Distance from 52-week high | -37.1% | -22.9% | 4th lowest of 17 |
| Revenue growth (TTM) | +29.2% | +6.4% | 3rd highest of 17 |
| Operating margin | 50.9% | 25.9% | 3rd highest of 17 |
| EV / Sales | 24.7× | 8.7× | 3rd most expensive of 17 |
| ROIC minus cost of capital | -6.4 pp | -1.5 pp | 4th lowest of 17 |
| EV / EBITDA | 30.7× | 11.6× | 2nd most expensive of 10 |
| Net debt / EBITDA | 11.3× | 6.2× | 2nd most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Enlight Renewable Energy ENLT | United States | $9.57B | -25% | +29% | 51% | 24.7× | n/a | n/a |
| Corporacion Acciona Energias Renovables ANE.MC | Spain | $8.06B | -7% | -14% | 18% | 4.4× | n/a | n/a |
| NTPC Green Energy NTPCGREEN.NS | India | $7.37B | -24% | +49% | 50% | 29.5× | n/a | n/a |
| Clearway Energy CWEN | United States | $7.00B | -11% | +8% | 13% | 13.0× | 33.1% | +2.4% |
| China Longyuan Power 0916.HK | Hong Kong | $13.8B | -17% | -6% | 27% | 8.4× | 0.6% | +0.2% |
| China Three Gorges Renewables (Group) 600905.SS | China | $14.7B | -16% | -8% | 17% | 12.0× | n/a | n/a |
| Talen Energy TLN | United States | $14.7B | -12% | +20% | 20% | 4.9× | 21.1% | -10.0% |
| Hubei Energy 000883.SZ | China | $4.58B | -11% | -5% | 15% | 4.5× | -0.4% | +0.6% |
| Fujian Funeng 600483.SS | China | $4.53B | +9% | -1% | 22% | 3.5× | -4.9% | +7.5% |
| ERG ERG.MI | Italy | $3.77B | -3% | +5% | 28% | 7.3× | 10.0% | -2.8% |
| Huadian New Energy 600930.SS | China | $24.5B | -35% | +32% | 27% | 12.9× | n/a | n/a |
| Adani Green Energy ADANIGREEN.NS | India | $24.7B | +4% | +21% | 61% | 23.9× | n/a | n/a |
| Brookfield Infrastructure Partners L.P BIP | United States | $25.6B | +7% | +16% | 25% | 4.7× | n/a | n/a |
| Fervo Energy FRVO | United States | $2.66B | n/a | -31% | -35,367% | 7,819.8× | n/a | n/a |
| CECEP Solar Energy 000591.SZ | China | $2.65B | -9% | -13% | 28% | 9.0× | 0.4% | -1.5% |
| ReNew Energy Global RNW | United States | $2.53B | +23% | +11% | 42% | 6.5× | n/a | n/a |
| Solaria Energia y Medio Ambiente SLR.MC | Spain | $2.40B | -33% | +26% | 92% | 11.4× | n/a | n/a |