Enphase Energy Inc (ENPH) — Free Cash Flow Generation Index
Enphase Energy Inc (ENPH) has a Free Cash Flow Generation Index of 0.81x as of March 2026. Free cash flow of $82.97 Million represents 1% of operating cash flow ($102.87 Million). Explore Enphase Energy Inc (ENPH) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Enphase Energy Inc Free Cash Flow Generation Index (2014–2025)
Historical FCF Generation Index trend for Enphase Energy Inc across 9 annual periods. For the full cash flow conversion analysis, see ENPH cash generation efficiency.
Annual Free Cash Flow Generation for Enphase Energy Inc (2014–2025)
Year-by-year Free Cash Flow Generation Index for Enphase Energy Inc. Check cash flow reinvestment rate of Enphase Energy Inc to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.70x | $95.90 Million | $136.54 Million | $40.64 Million | ▼ -24.8% |
| 2024 | 0.93x | $480.09 Million | $513.69 Million | $33.60 Million | ▲ +11.1% |
| 2023 | 0.84x | $586.38 Million | $696.78 Million | $110.40 Million | ▼ -10.2% |
| 2022 | 0.94x | $698.37 Million | $744.82 Million | $46.44 Million | ▲ +10.2% |
| 2021 | 0.85x | $299.52 Million | $352.03 Million | $52.51 Million | ▼ -6.0% |
| 2020 | 0.90x | $195.78 Million | $216.33 Million | $20.56 Million | ▲ +1.3% |
| 2019 | 0.89x | $124.28 Million | $139.07 Million | $14.79 Million | ▲ +20.3% |
| 2018 | 0.74x | $11.98 Million | $16.13 Million | $4.15 Million | ▲ +76.0% |
| 2014 | 0.42x | $10.22 Million | $24.22 Million | $14.00 Million | — |