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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Enphase Energy (ENPH) Debt to Equity (2016 - 2025)

Enphase Energy (ENPH) has 15 years of Debt to Equity data on record, last reported at $1.11 in Q4 2025.

  • For Q4 2025, Debt to Equity fell 29.13% year-over-year to $1.11; the TTM value through Dec 2025 reached $1.11, down 29.13%, while the annual FY2025 figure was $1.11, 29.13% down from the prior year.
  • Debt to Equity reached $1.11 in Q4 2025 per ENPH's latest filing, down from $1.21 in the prior quarter.
  • Across five years, Debt to Equity topped out at $224.39 in Q2 2025 and bottomed at -$191.92 in Q1 2023.
  • Average Debt to Equity over 5 years is -$5.5, with a median of $1.32 recorded in 2023.
  • Peak YoY movement for Debt to Equity: tumbled 5733.45% in 2021, then skyrocketed 17072.25% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $2.41 in 2021, then crashed by 35.21% to $1.56 in 2022, then fell by 15.85% to $1.32 in 2023, then rose by 18.87% to $1.56 in 2024, then fell by 29.13% to $1.11 in 2025.
  • Per Business Quant database, its latest 3 readings for Debt to Equity were $1.11 in Q4 2025, $1.21 in Q3 2025, and $224.39 in Q2 2025.