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
DateValue
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