Growth Metrics

Enphase Energy (ENPH) Debt Ratio (2016 - 2025)

Enphase Energy has reported Debt Ratio over the past 15 years, most recently at 0.34 for Q4 2025.

  • Quarterly results put Debt Ratio at 0.34 for Q4 2025, down 14.38% from a year ago — trailing twelve months through Dec 2025 was 0.34 (down 14.38% YoY), and the annual figure for FY2025 was 0.34, down 14.38%.
  • Debt Ratio for Q4 2025 was 0.34 at Enphase Energy, down from 0.36 in the prior quarter.
  • Over the last five years, Debt Ratio for ENPH hit a ceiling of 0.57 in Q1 2022 and a floor of 0.34 in Q4 2025.
  • Median Debt Ratio over the past 5 years was 0.4 (2024), compared with a mean of 0.42.
  • Biggest five-year swings in Debt Ratio: surged 81.02% in 2021 and later crashed 32.63% in 2023.
  • Enphase Energy's Debt Ratio stood at 0.5 in 2021, then dropped by 16.17% to 0.42 in 2022, then fell by 8.59% to 0.38 in 2023, then increased by 4.8% to 0.4 in 2024, then dropped by 14.38% to 0.34 in 2025.
  • The last three reported values for Debt Ratio were 0.34 (Q4 2025), 0.36 (Q3 2025), and 0.38 (Q2 2025) per Business Quant data.