Enphase Energy (ENPH) Equity Ratio (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Equity Ratio of 0.4 in Q1 2026, up 30.67% quarter-over-quarter from 0.31 in Q4 2025, and up 55.05% on a YoY basis from 0.26 in Q1 2025.
Enphase Energy (ENPH) Equity Ratio (2011 - 2026) Analysis & Trends
Enphase Energy's Equity Ratio history runs 16 years deep, the most recent figure standing at 0.4 for Q1 2026.
- In Q1 2026, Equity Ratio rose 55.05% year-over-year to 0.4; the TTM figure through Mar 2026 stood at 0.4 (up 55.05% YoY), while the FY2025 annual figure was 0.31, up 20.82% from the prior year.
- Equity Ratio was 0.4 for Q1 2026 at Enphase Energy, up from 0.31 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.4 in Q1 2026 to a low of 0.1 in Q2 2022.
- Historically, Equity Ratio has averaged 0.18 across 5 years, with a median of 0.26 in 2025.
- The sharpest annual moves came in 2022 and 2025: Equity Ratio sank 11355.03% in 2022, then soared 12558.55% in 2025.
- A 5-year view of Equity Ratio shows it stood at 0.27 in 2022, then gained by 8.62% to 0.29 in 2023, then retreated by 11.84% to 0.26 in 2024, then gained by 20.82% to 0.31 in 2025, then jumped 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.74 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 0.57 |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.40 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 0.18 |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.15 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.58 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -0.15 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 0.55 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | 0.49 |
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 |