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). Read ENPH current and long-term liabilities for a breakdown of total debt and financial obligations.
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. Explore Enphase Energy Inc capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Enphase Energy Inc (2014–2025)
Year-by-year Free Cash Flow Generation Index for Enphase Energy Inc. For the full company profile including market capitalisation, see ENPH market cap overview.
| 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 | — |