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

Enphase Energy's Asset Utilization Ratio history runs 15 years deep, the most recent figure standing at 0.45 for Q1 2026.

• On a quarterly basis, Asset Utilization Ratio changed 0.29% year-over-year to 0.45 in Q1 2026; TTM through Mar 2026 was 0.45, a 0.29% change from a year earlier, with the FY2025 full-year figure at 0.44, up 8.64% from the prior year.
• Asset Utilization Ratio improved to 0.45 in Q1 2026 per ENPH's latest filing, from 0.43 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 0.82 in Q2 2023 and bottomed at 0.39 in Q3 2024.
• The 5-year median for Asset Utilization Ratio is 0.55 (2024), against an average of 0.6.
• Across the five-year window, Asset Utilization Ratio surged 49.46% in 2022 and sank 49.69% in 2024, its largest moves.
• Year by year, Asset Utilization Ratio stood at 0.81 in 2022, then declined by 18.08% to 0.66 in 2023, then plunged by 38.15% to 0.41 in 2024, then increased by 5.59% to 0.43 in 2025, then gained by 4.13% to 0.45 in 2026.
• Per Business Quant, the three latest ENPH Asset Utilization Ratio figures stand at 0.45 (Q1 2026), 0.43 (Q4 2025), and 0.47 (Q3 2025).