Enovix (ENVX) Equity Ratio (2020 - 2026)

Enovix (ENVX) reported Equity Ratio of 0.29 for Q2 2026, down 38.91% on a YoY basis from 0.48 in Q2 2025, and down 6.63% quarter-over-quarter from 0.31 in Q4 2025.

Enovix (ENVX) Equity Ratio (2020 - 2026) Analysis & Trends

Enovix has reported Equity Ratio for 7 years, with the latest figure at 0.29 in Q2 2026.

  • For the quarter ending Q2 2026, Equity Ratio fell 38.91% year-over-year to 0.29; the trailing twelve-month figure through Apr 2026 stood at 0.29 (down 38.91% YoY), and the FY2025 full-year result was 0.31, down 34.11% from the prior year.
  • Equity Ratio for Q2 2026 stood at 0.29, down from 0.31 in the prior quarter.
  • The five-year high for Equity Ratio was 0.88 in Q3 2022, with the low at 0.29 in Q2 2026.
  • Historically, Equity Ratio has averaged 0.54 across 5 years, with a median of 0.47 in 2023.
  • Annual changes were most pronounced in 2022 — Equity Ratio surged 561.77% — and 2023, when it slumped 47.86%.
  • Enovix's Equity Ratio stood at 0.77 in 2022, then sank by 39.62% to 0.46 in 2023, then climbed by 2.25% to 0.47 in 2024, then tumbled by 34.11% to 0.31 in 2025, then slipped by 6.63% to 0.29 in 2026.
  • The last three Equity Ratio figures came in at 0.29 (Q2 2026), 0.31 (Q4 2025), and 0.33 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 0.57
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.32
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 0.20
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.55
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.45
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.53
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 0.60
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 0.62
10 Enovix 1.46 Bn 1.46 Bn 1.55 Mn 0.29

Historic Data

Download Data
DateValue
Apr 5, 2026 0.29
Dec 28, 2025 0.31
Sep 28, 2025 0.33
Jun 29, 2025 0.44
Mar 30, 2025 0.48
Dec 29, 2024 0.47
Sep 29, 2024 0.38
Jun 30, 2024 0.35
Mar 31, 2024 0.46
Dec 31, 2023 0.46
Oct 1, 2023 0.49
Jul 2, 2023 0.46
Apr 2, 2023 0.76
Jan 1, 2023 0.81
Oct 2, 2022 0.77
Jul 3, 2022 0.88
Apr 3, 2022 0.83
Jan 2, 2022 0.68
Oct 3, 2021 0.78
Jun 30, 2021 0.13