Enphase Energy Inc (ENPH) — Cash Flow Quality Index

Latest as of December 2025: 1.23x

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 Enphase Energy Inc (ENPH) cash flow conversion to assess how effectively this company generates cash.

Cash Flow Quality Index

1.23x
Operating CF / Net Income

Operating Cash Flow

$47.58 Million
USD

Net Income

$38.71 Million
USD

Data as of

Dec 2025
Most recent filing

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 cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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 ENPH company 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
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.