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. Explore ENPH capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
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. Also explore ENPH current and non-current assets for the complete picture of this company's asset base.
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 ENPH market cap.
| 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 | — |