Enovix (ENVX) Debt Ratio (2023 - 2026)

Name: Enovix (ENVX) Debt Ratio (2023 - 2026) | Business Quant
Creator: Business Quant

Enovix posted quarterly Debt Ratio of 0.64 for Q2 2026, up 76.5% year-on-year from 0.36 in Q2 2025, and up 5.49% on a QoQ basis from 0.6 in Q4 2025.

Enovix (ENVX) has 4 years of Debt Ratio data on file, last reported at 0.64 in Q2 2026.

For the quarter ending Q2 2026, Debt Ratio rose 76.5% year-over-year to 0.64; the trailing twelve-month figure through Apr 2026 stood at 0.64 (up 76.5% YoY), and the FY2025 full-year result was 0.6, up 77.02% from the prior year.
Debt Ratio for Q2 2026 stood at 0.64, up from 0.6 in the prior quarter.
Across five years, Debt Ratio topped out at 0.64 in Q2 2026 and bottomed at 0.31 in Q3 2023.
The 4-year median for Debt Ratio is 0.36 (2024), against an average of 0.41.
Peak annual rise in Debt Ratio reached 77.02% in 2025, while the deepest fall reached 3.58% in 2025.
A 4-year view of Debt Ratio shows it stood at 0.31 in 2023, then rose by 9.65% to 0.34 in 2024, then surged by 77.02% to 0.6 in 2025, then advanced by 5.49% to 0.64 in 2026.
The last three Debt Ratio figures came in at 0.64 (Q2 2026), 0.6 (Q4 2025), and 0.58 (Q3 2025), per Business Quant data.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Vertiv Holdings	125.39 Bn	122.89 Bn	999.70 Mn	0.22
2	Bloom Energy	85.22 Bn	82.75 Bn	225.54 Mn	-
3	nVent Electric	26.63 Bn	26.44 Bn	445.60 Mn	0.22
4	Hubbell	25.22 Bn	24.72 Bn	505.30 Mn	0.31
5	Advanced Energy Industries	12.25 Bn	12.25 Bn	200.90 Mn	0.22
6	Powell Industries	10.16 Bn	9.61 Bn	87.94 Mn	-
7	Acuity Inc. (De)	8.82 Bn	8.55 Bn	520.40 Mn	0.15
8	EnerSys	8.70 Bn	8.26 Bn	290.87 Mn	0.28
9	Plug Power	5.25 Bn	4.87 Bn	-21.61 Mn	0.03
10	Enovix	1.45 Bn	1.45 Bn	1.55 Mn	0.64

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