Enphase Energy (ENPH) Asset Utilization Ratio (2012 - 2026)
Enphase Energy (ENPH) posted quarterly Asset Utilization Ratio of 0.47 for Q2 2026, little changed year-over-year from 0.47 in Q2 2025, and up 4.84% quarter-over-quarter from 0.45 in Q1 2026.
Enphase Energy (ENPH) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Enphase Energy's Asset Utilization Ratio history runs 15 years deep, the most recent figure standing at 0.47 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio changed 0.22% year-over-year to 0.47; the TTM figure through Jun 2026 stood at 0.47 (changed 0.22% YoY), while the FY2025 annual figure was 0.44, up 8.64% from the prior year.
- Asset Utilization Ratio for Q2 2026 stood at 0.47, up from 0.45 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.82 in Q2 2023, with the low at 0.39 in Q3 2024.
- The 5-year median for Asset Utilization Ratio is 0.51 (2025), against an average of 0.59.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio surged 49.46% in 2022, then plunged 49.69% in 2024.
- Enphase Energy's Asset Utilization Ratio stood at 0.81 in 2022, then dropped by 18.08% to 0.66 in 2023, then sank by 38.15% to 0.41 in 2024, then grew by 5.59% to 0.43 in 2025, then advanced by 9.16% to 0.47 in 2026.
- Business Quant data shows ENPH's Asset Utilization Ratio at 0.47 in Q2 2026, 0.45 in Q1 2026, and 0.43 in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 0.47 |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 0.15 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 0.56 |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 0.74 |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 0.51 |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 0.79 |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47 |
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 0.43 |
| Sep 30, 2025 | 0.47 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.41 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.55 |
| Dec 31, 2023 | 0.66 |
| Sep 30, 2023 | 0.77 |
| Jun 30, 2023 | 0.82 |
| Mar 31, 2023 | 0.81 |
| Dec 31, 2022 | 0.81 |
| Sep 30, 2022 | 0.79 |
| Jun 30, 2022 | 0.74 |
| Mar 31, 2022 | 0.70 |
| Dec 31, 2021 | 0.64 |
| Sep 30, 2021 | 0.57 |