Total Debt for Enphase Energy (ENPH)
According to Enphase Energy's latest reported financial statements, the company's latest reported total debt is $0 USD. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — combine with cash on hand for net debt, and see total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

ENPH
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Latest period
$0
YoY change
-6.6%
5Y CAGR
+28.8%
Peak year (2024)
$1.33B
Latest annual
$1.24B
Total Debt history chart for Enphase Energy (ENPH) from 2009 to 2025
Total Debt history table for Enphase Energy (ENPH) from 2009 to 2025
| Fiscal year | Period ended | Reported | Total Debt | YoY |
|---|---|---|---|---|
| 2025 | $1.24B | -6.6% | ||
| 2024 | $1.33B | +1.0% | ||
| 2023 | $1.32B | +0.2% | ||
| 2022 | $1.31B | +24.8% | ||
| 2021 | $1.05B | +200.4% | ||
| 2020 | $350.62M | +222.5% | ||
| 2019 | $108.71M | -1.0% | ||
| 2018 | $109.78M | +120.7% | ||
| 2017 | $49.75M | +46.8% | ||
| 2016 | $33.90M | +99.4% | ||
| 2015 | $17.00M | — | ||
| 2014 | $0 | -100.0% | ||
| 2013 | $8.68M | -21.6% | ||
| 2012 | $11.06M | -24.6% | ||
| 2011 | $14.68M | +112.6% | ||
| 2010 | $6.90M | +1579.6% | ||
| 2009 | $411,000 | — |
Total Debt values are taken from Enphase Energy's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Enphase Energy (ENPH) most recent annual total debt stands at $1.24B (2025) – declined 6.6% year-over-year.
Across 2020–2025 (5 years), Enphase Energy total debt produced a CAGR of +28.8% – with the latest reading among the more recent periods of the dataset.
$1.33B stands as the all-time-high annual total debt, posted in 2024, against a low of $0 during 2014.
Among 8 Energy peers, Enphase Energy (ENPH) ranks 9th; the peer median for total debt is $26.40B.
Enphase Energy Total Debt by Year
Enphase Energy Total Debt 2025: $1.24B
Enphase Energy total debt in 2025 was $1.24B, declined 6.6% below 2024.
Enphase Energy Total Debt 2024: $1.33B
Enphase Energy total debt in 2024 was $1.33B, edged up 1.0% from 2023. This figure represents the highest annual value in the available history.
Enphase Energy Total Debt 2023: $1.32B
Enphase Energy total debt in 2023 was $1.32B, edged up 0.2% from 2022.
Enphase Energy Total Debt 2022: $1.31B
Enphase Energy total debt in 2022 was $1.31B, grew 24.8% from 2021.
Enphase Energy Total Debt 2021: $1.05B
Enphase Energy total debt in 2021 was $1.05B.
See more financial history for Enphase Energy (ENPH).
Sector peers — Total Debt
Companies in the same sector as Enphase Energy, ranked by their latest total debt.
| Company | Total Debt | Sector |
|---|---|---|
| Enbridge Inc. (ENB) | $106.40B | Energy |
| Chevron Corporation (CVX) | $46.74B | Energy |
| Exxon Mobil Corporation (XOM) | $43.54B | Energy |
| The Williams Companies, Inc. (WMB) | $29.36B | Energy |
| ConocoPhillips (COP) | $23.44B | Energy |
| SLB N.V. (SLB) | $12.31B | Energy |
| Valero Energy Corporation (VLO) | $10.62B | Energy |
| EOG Resources, Inc. (EOG) | $8.41B | Energy |
Frequently asked questions
What is Enphase Energy's total debt?
- Latest reported total debt for Enphase Energy (ENPH) is $0 (period ending March 31, 2026).
How has Enphase Energy total debt changed year-over-year?
- Enphase Energy (ENPH) total debt changed -6.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Enphase Energy total debt?
- Enphase Energy (ENPH) total debt compound annual growth rate is +28.8% over the most recent 5 years available.
When did Enphase Energy total debt hit its highest annual value?
- Enphase Energy total debt reached its highest annual value of $1.33B in 2024.
What was Enphase Energy total debt in 2024?
- Enphase Energy (ENPH) total debt in 2024 was $1.33B.
What was Enphase Energy total debt in 2025?
- Enphase Energy (ENPH) total debt in 2025 was $1.24B.
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