Enphase Energy Inc (ENPH) — Cash Flow Reinvestment Rate
Enphase Energy Inc (ENPH) has a Cash Flow Reinvestment Rate of 6.00x as of March 2026, reinvesting $617.18 Million (capex $19.90 Million plus investments $597.28 Million) from operating cash flow of $102.87 Million. Check Enphase Energy Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Enphase Energy Inc Cash Flow Reinvestment Rate (2014–2025)
Historical reinvestment intensity for Enphase Energy Inc across 9 annual periods. Explore Enphase Energy Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Enphase Energy Inc (2014–2025)
Year-by-year capital reinvestment analysis for Enphase Energy Inc. For live market cap and broader valuation context, see market cap of Enphase Energy Inc.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.82x | $247.87 Million | $136.54 Million | $40.64 Million | ▲ +476.1% |
| 2024 | 0.32x | $161.87 Million | $513.69 Million | $33.60 Million | ▼ -67.3% |
| 2023 | 0.96x | $670.92 Million | $696.78 Million | $110.40 Million | ▲ +144.2% |
| 2022 | 0.39x | $293.74 Million | $744.82 Million | $46.44 Million | ▼ -85.9% |
| 2021 | 2.79x | $983.89 Million | $352.03 Million | $52.51 Million | ▲ +2264.8% |
| 2020 | 0.12x | $25.57 Million | $216.33 Million | $20.56 Million | ▼ -44.4% |
| 2019 | 0.21x | $29.58 Million | $139.07 Million | $14.79 Million | ▼ -85.3% |
| 2018 | 1.44x | $23.30 Million | $16.13 Million | $4.15 Million | ▲ +149.9% |
| 2014 | 0.58x | $14.00 Million | $24.22 Million | $14.00 Million | — |