Enphase Energy (ENPH) Interest Coverage Ratio (2011 - 2026)
Enphase Energy (ENPH) recorded quarterly Interest Coverage Ratio of 46.83 in Q1 2026, down 273.02% quarter-over-quarter from 27.07 in Q4 2025, and down 400.29% on a YoY basis from 15.59 in Q1 2025.
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 46.83 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 400.29% year-over-year to 46.83; the TTM figure through Mar 2026 stood at 30.89 (up 95.52% YoY), while the FY2025 annual figure was 34.84, up 301.44% from the prior year.
- Interest Coverage Ratio was 46.83 for Q1 2026 at Enphase Energy, down from 27.07 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 79.71 in Q3 2025 to a low of 46.83 in Q1 2026.
- Historically, Interest Coverage Ratio has averaged 32.57 across 5 years, with a median of 27.07 in 2025.
- The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio jumped 5503.35% in 2025, then slumped 400.29% in 2026.
- A 5-year view of Interest Coverage Ratio shows it stood at 68.87 in 2022, then tumbled by 106.55% to 4.51 in 2023, then surged by 639.47% to 24.34 in 2024, then gained by 11.22% to 27.07 in 2025, then plunged by 273.02% to 46.83 in 2026.
- The last three Interest Coverage Ratio figures came in at 46.83 (Q1 2026), 27.07 (Q4 2025), and 79.71 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -46.83 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.66 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 1.28 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -2,410.00 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -46.83 |
| Dec 31, 2025 | 27.07 |
| Sep 30, 2025 | 79.71 |
| Jun 30, 2025 | 45.41 |
| Mar 31, 2025 | 15.59 |
| Dec 31, 2024 | 24.34 |
| Sep 30, 2024 | 22.26 |
| Jun 30, 2024 | 0.81 |
| Mar 31, 2024 | -13.25 |
| Dec 31, 2023 | -4.51 |
| Sep 30, 2023 | 53.73 |
| Jun 30, 2023 | 76.76 |
| Mar 31, 2023 | 77.77 |
| Dec 31, 2022 | 68.87 |
| Sep 30, 2022 | 60.06 |
| Jun 30, 2022 | 43.37 |
| Mar 31, 2022 | 22.60 |
| Dec 31, 2021 | 4.55 |
| Sep 30, 2021 | 2.96 |
| Jun 30, 2021 | 4.75 |