Enphase Energy ENPH
NASDAQ ENPH
$36.72 -2.11 (-5.43%)
At close: Sep 9, 2026 · 4:00 PM EDT

Enphase Energy (ENPH) Asset Utilization Ratio (2012 - 2026)

Enphase Energy (ENPH) posted Asset Utilization Ratio of 0.47 for Q2 2026, up 4.84% on a QoQ basis from 0.45 in Q1 2026, and little changed year-over-year from 0.47 in Q2 2025.

Analysis

Enphase Energy (ENPH) Asset Utilization Ratio (2012 - 2026) Analysis & Trends

Enphase Energy has reported Asset Utilization Ratio for 15 years, with the latest figure at 0.47 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio changed 0.22% year-over-year to 0.47 in Q2 2026; TTM through Jun 2026 was 0.47, a 0.22% change from a year earlier, with the FY2025 full-year figure at 0.44, up 8.64% from the prior year.
  • Asset Utilization Ratio was 0.47 for Q2 2026 at Enphase Energy, 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.
  • Average Asset Utilization Ratio over 5 years is 0.59, with a median of 0.51 recorded in 2025.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio jumped 49.46% in 2022, then plunged 49.69% in 2024.
  • Over 5 years, Asset Utilization Ratio stood at 0.81 in 2022, then fell by 18.08% to 0.66 in 2023, then sank by 38.15% to 0.41 in 2024, then rose by 5.59% to 0.43 in 2025, then grew by 9.16% to 0.47 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.47 (Q2 2026), 0.45 (Q1 2026), and 0.43 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 21.97 Bn 20.25 Bn 605.00 Mn 0.40
2 Nextpower 12.81 Bn 11.60 Bn 335.85 Mn 0.87
3 Enphase Energy 4.81 Bn 3.87 Bn 175.01 Mn 0.47
4 Solaredge Technologies 2.10 Bn 1.52 Bn 95.15 Mn 0.56
5 T1 Energy 1.29 Bn 1.14 Bn 49.10 Mn 0.67
6 Shoals Technologies 1.20 Bn 1.18 Bn 49.53 Mn 0.57
7 Canadian Solar 896.45 Mn 597.20 Mn 168.48 Mn 0.32
8 Array Technologies 708.44 Mn 401.13 Mn 99.60 Mn 0.79
9 JinkoSolar Holding 627.24 Mn -480.04 Mn 75.62 Mn 0.47
10 Toyo 133.94 Mn 23.90 Mn 36.97 Mn 0.79
Historic Data

Historic Data

Download Data
DateValue
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