Enphase Energy (ENPH) Equity Ratio (2011 - 2026)
Enphase Energy's quarterly Equity Ratio came in at 0.4 in Q1 2026, up 55.05% year-on-year from 0.26 in Q1 2025, and up 30.67% quarter-over-quarter from 0.31 in Q4 2025.
Enphase Energy has reported Equity Ratio for 16 years, with the latest figure at 0.4 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio rose 55.05% year-over-year to 0.4; the trailing twelve-month figure through Mar 2026 stood at 0.4 (up 55.05% YoY), and the FY2025 full-year result was 0.31, up 20.82% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.4, up from 0.31 in the prior quarter.
- The five-year high for Equity Ratio was 0.4 in Q1 2026, with the low at 0.1 in Q2 2022.
- Average Equity Ratio over 5 years is 0.18, with a median of 0.26 recorded in 2025.
- Year-over-year, Equity Ratio sank 11355.03% in 2022 and surged 12558.55% in 2025.
- Tracing ENPH's Equity Ratio over 5 years: stood at 0.27 in 2022, then advanced by 8.62% to 0.29 in 2023, then decreased by 11.84% to 0.26 in 2024, then advanced by 20.82% to 0.31 in 2025, then surged by 30.67% to 0.4 in 2026.
- The last three Equity Ratio figures came in at 0.4 (Q1 2026), 0.31 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.74 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 0.57 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.26 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.40 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 0.18 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.15 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.58 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -0.15 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.22 |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.40 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.00 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.29 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | -0.10 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.29 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | -0.01 |
| Dec 31, 2020 | 0.40 |
| Sep 30, 2020 | 0.38 |
| Jun 30, 2020 | -0.16 |
| Mar 31, 2020 | -0.11 |
| Dec 31, 2019 | 0.38 |
| Mar 31, 2019 | 0.00 |
| Dec 31, 2018 | 0.02 |
| Sep 30, 2018 | 0.01 |
| Jun 30, 2018 | -0.14 |
| Mar 31, 2018 | 0.00 |
| Dec 31, 2017 | -0.05 |
| Sep 30, 2017 | -0.04 |
| Jun 30, 2017 | -0.01 |
| Mar 31, 2017 | 0.04 |
| Dec 31, 2016 | 0.01 |
| Sep 30, 2016 | 0.06 |
| Jun 30, 2016 | 0.08 |
| Mar 31, 2016 | 0.16 |
| Dec 31, 2015 | 0.25 |
| Sep 30, 2015 | 0.29 |
| Jun 30, 2015 | 0.27 |
| Mar 31, 2015 | 0.29 |
| Dec 31, 2014 | 0.31 |
| Sep 30, 2014 | 0.29 |
| Jun 30, 2014 | 0.28 |
| Mar 31, 2014 | 0.32 |
| Dec 31, 2013 | 0.34 |
| Sep 30, 2013 | 0.34 |
| Jun 30, 2013 | 0.39 |
| Mar 31, 2013 | 0.43 |
| Dec 31, 2012 | 0.46 |
| Mar 31, 2012 | 0.04 |
| Dec 31, 2011 | 0.13 |