ENPH Debt / Equity | Enphase Energy, Inc.

Enphase Energy, Inc. (ENPH) Debt / Equity

2026-03-31: Debt/Equity Ratio 0.52.
2025-12-31: Debt/Equity Ratio 1.11.
2025-09-30: Debt/Equity Ratio 1.21.
2025-06-30: Debt/Equity Ratio 1.37.

Complete source-backed debt/equity ratio history.

Available history: 2011-12-31 to 2026-03-31
Data captured: 2026-09-04

Historical Debt/Equity Ratio

Date	Debt/Equity Ratio
2026-03-31	0.52
2025-12-31	1.11
2025-09-30	1.21
2025-06-30	1.37
2025-03-31	1.48
2024-12-31	1.56
2024-09-30	1.4
2024-06-30	1.47
2024-03-31	1.4
2023-12-31	1.32
2023-09-30	1.27
2023-06-30	1.33
2023-03-31	1.33
2022-12-31	1.56
2022-09-30	2.11
2022-06-30	2.85
2022-03-31	3.88
2021-12-31	2.41
2021-09-30	1.58
2021-06-30	1.74
2021-03-31	1.37
2020-12-31	0.68
2020-09-30	0.87
2020-06-30	0.96
2020-03-31	1.25
2019-12-31	0.39
2019-09-30	0.68
2019-06-30	0.88
2019-03-31	4.84
2018-12-31	14.12
2018-09-30	26.96
2018-06-30	-1.73
2018-03-31	-1.63
2017-12-31	-5.45
2017-09-30	-6.1
2017-06-30	-19.86
2017-03-31	6.28
2016-12-31	18.31
2016-09-30	2.35
2015-12-31	0
2014-12-31	0
2014-09-30	0.14
2014-06-30	0.18
2014-03-31	0.21
2013-12-31	0.28
2013-09-30	0.23
2013-06-30	0.22
2013-03-31	0.22
2012-12-31	0.2
2012-09-30	-0.03
2012-06-30	0.01
2011-12-31	1.05

Annual Debt/Equity Ratio

Date	Debt/Equity Ratio
2025-12-31	1.11
2024-12-31	1.56
2023-12-31	1.32
2022-12-31	1.56
2021-12-31	2.41
2020-12-31	0.68
2019-12-31	0.39
2018-12-31	14.12
2017-12-31	-5.45
2016-12-31	18.31
2015-12-31	0
2014-12-31	0
2013-12-31	0.28
2012-12-31	0.2
2011-12-31	1.05

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