Enphase Energy Inc (ENPH) — Cash Flow Quality Index
Enphase Energy Inc (ENPH) has a Cash Flow Quality Index of 1.23x as of December 2025. Operating cash flow of $47.58 Million exceeds net income of $38.71 Million, indicating high earnings quality where cash backs reported profits. Explore investment intensity of Enphase Energy Inc to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Enphase Energy Inc Cash Flow Quality Index (2019–2025)
Historical Cash Flow Quality Index for Enphase Energy Inc across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check ENPH tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Enphase Energy Inc (2019–2025)
Year-by-year earnings quality comparison for Enphase Energy Inc. For live market cap and the full company financial profile, see Enphase Energy Inc market cap and net worth.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.79x | $136.54 Million | $172.13 Million | ▼ -84.1% |
| 2024 | 5.00x | $513.69 Million | $102.66 Million | ▲ +215.2% |
| 2023 | 1.59x | $696.78 Million | $438.94 Million | ▼ -15.3% |
| 2022 | 1.87x | $744.82 Million | $397.36 Million | ▼ -22.6% |
| 2021 | 2.42x | $352.03 Million | $145.45 Million | ▲ +49.9% |
| 2020 | 1.61x | $216.33 Million | $134.00 Million | ▲ +87.1% |
| 2019 | 0.86x | $139.07 Million | $161.15 Million | — |