Skip to content
Screener

Enphase Energy ENPH Debt-to-equity

Debt-to-equity at other companies

Tesla, Inc. logo
Tesla, Inc.TSLA
0.1×0.0×
SolarEdge Technologies logo
SolarEdge TechnologiesSEDG
0.1×-0.7×
Sunrun logo
SunrunRUN
0.0×
Generac Holdings logo
Generac HoldingsGNRC
-0.5×
NeoVolta logo
NeoVoltaNEOV
0.1×-0.3×
Stem logo
StemSTEM
0.0×

Other financials

Income statement

See full
Revenue$291.9M-19.6%
Gross profit$175.0M+2.7%
Operating income$51.5M+39.2%
Net income$36.1M-2.6%
EPS (diluted)$0.27-3.6%

Balance sheet

See full
Cash & equivalents$529.3M+42.9%
Total debt$613.4M-50.3%
Total equity$1.2B+34.2%
Total assets$2.9B-8.2%

Cash flow

See full
Operating cash flow$40.3M+51.4%
CapEx$14.4M+74.3%
Free cash flow$25.9M+41.1%

Valuation

See full
Market cap$5.15B+30.7%
Enterprise value$5.23B+9.0%
P/E38.4×+15.9×
P/S3.9×+1.2×

Profitability

See full
Gross margin46.9%-1.3pp
Operating margin8.3%-3.4pp
Net margin10.1%-1.7pp
FCF margin11.5%-13.7pp

Returns & leverage

See full
Return on equity13%-6.8pp
Current ratio3.5×+1.5×

Where this comes from

Calculated from Enphase Energy’s reported figures.

Based on the most recent quarter.

The source filing: Enphase Energy’s 10-Q, filed July 28, 2026. Open the filing →

Filed
Jul 28, 2026, 4:29 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001463101-26-000081

FAQ

What is Enphase Energy's debt-to-equity?
Enphase Energy (ENPH) reported debt-to-equity of 0.5× in Q2 2026.
How has Enphase Energy's debt-to-equity changed year-over-year?
Enphase Energy's debt-to-equity decreased by 63.0% year-over-year, from 1.4× to 0.5×.
What is the long-term trend for Enphase Energy's debt-to-equity?
Over 5 years (2020 to 2025), Enphase Energy's debt-to-equity has grown at a 9.6% compound annual growth rate (CAGR), from 0.7× to 1.1×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

Ask your AI about Enphase Energy's debt-to-equity.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude