Enphase Energy (ENPH) Interest Coverage Ratio (2011 - 2026)
Enphase Energy (ENPH) posted quarterly Interest Coverage Ratio of 1.07 for Q2 2026, down 4.29% year-over-year from 1.12 in Q2 2025, and up 271.12% quarter-over-quarter from 0.62 in Q1 2026.
Enphase Energy (ENPH) Interest Coverage Ratio (2011 - 2026) Analysis & Trends
Enphase Energy's Interest Coverage Ratio history runs 16 years deep, the most recent figure standing at 1.07 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio fell 4.29% year-over-year to 1.07; the TTM figure through Jun 2026 stood at 2.29 (down 56.23% YoY), while the FY2025 annual figure was 5.42, up 143.24% from the prior year.
- Interest Coverage Ratio for Q2 2026 stood at 1.07, up from 0.62 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 55.47 in Q4 2024, with the low at 0.94 in Q1 2024.
- The 5-year median for Interest Coverage Ratio is 1.75 (2024), against an average of 4.88.
- The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio jumped 24046.72% in 2024, then sank 165.16% in 2026.
- Enphase Energy's Interest Coverage Ratio stood at 3.78 in 2022, then tumbled by 93.92% to 0.23 in 2023, then surged by 24046.72% to 55.47 in 2024, then slumped by 98.61% to 0.77 in 2025, then soared by 38.33% to 1.07 in 2026.
- Business Quant data shows ENPH's Interest Coverage Ratio at 1.07 in Q2 2026, 0.62 in Q1 2026, and 0.77 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 80.96 |
| 2 | Nextpower | 13.03 Bn | 11.82 Bn | 335.85 Mn | - |
| 3 | Enphase Energy | 5.10 Bn | 4.16 Bn | 175.01 Mn | 157.55 |
| 4 | Sunrun | 2.19 Bn | 2.19 Bn | 527.54 Mn | - |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | -1.30 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 5.39 |
| 7 | Canadian Solar | 985.60 Mn | -602.69 Mn | 124.40 Mn | 1.32 |
| 8 | JinkoSolar Holding | 833.21 Mn | -2.48 Bn | 147.66 Mn | - |
| 9 | Array Technologies | 727.02 Mn | 419.71 Mn | 99.60 Mn | 6.01 |
| 10 | Toyo | 181.99 Mn | 105.35 Mn | 47.76 Mn | -46.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.07 |
| Mar 31, 2026 | -0.62 |
| Dec 31, 2025 | 0.77 |
| Sep 30, 2025 | 2.10 |
| Jun 30, 2025 | 1.12 |
| Mar 31, 2025 | 0.96 |
| Dec 31, 2024 | 55.47 |
| Sep 30, 2024 | 1.39 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | -0.94 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 2.90 |
| Jun 30, 2023 | 4.64 |
| Mar 31, 2023 | 4.86 |
| Dec 31, 2022 | 3.78 |
| Sep 30, 2022 | 4.19 |
| Jun 30, 2022 | 3.22 |
| Mar 31, 2022 | 2.58 |
| Dec 31, 2021 | 1.41 |
| Sep 30, 2021 | 2.23 |