Enlight Renewabl Financials
Enlight Renewabl (ENLT) reported $488.6M in revenue for fiscal year 2025, up 29.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Enlight’s business model is a capital-heavy buildout where rising accounting profit still trails internally generated funding capacity.
By FY2025, operating cash flow reached$283M , but capital spending was$1.8B , so the business still consumes far more cash to expand than it generates from current operations. External financing of$2.0B filled most of that gap, which means reported earnings are arriving earlier than self-funded liquidity and the asset base is still in a build phase.
The jump in net margin to
FY2025 also introduced short-term balance-sheet pressure: the current ratio fell to 0.7x even with
Financial Health Signals
Scored against utilities for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Enlight Renewabl's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Enlight Renewabl, and counted as zero in the overall score.
Not available for Enlight Renewabl, and counted as zero in the overall score.
Enlight Renewabl passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Enlight Renewabl generates $1.76 in operating cash flow ($282.6M OCF vs $160.7M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Enlight Renewabl generated $488.6M in revenue in fiscal year 2025. This represents an increase of 29.3% from the prior year.
Enlight Renewabl reported $160.7M in net income in fiscal year 2025. This represents an increase of 141.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Enlight Renewabl recorded an outflow of $1.5B in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 137.6% from the prior year.
Enlight Renewabl held $528.5M in cash against $231.1M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Enlight Renewabl's net profit margin was 32.9% in fiscal year 2025, showing the share of revenue converted to profit. This is up 15.3 percentage points from the prior year.
Enlight Renewabl's ROE was 8.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Enlight Renewabl invested $1.8B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 101.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
ENLT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Revenue | $488.6M+29.3% | $377.9M+47.8% | $255.7M+33.1% | $192.2M+87.6% | $102.5M+45.7% | $70.3M |
| Interest Expense | -$7.3M-29.4% | -$5.7M-126.7% | -$2.5M0.0% | -$2.5M-27.4% | -$2.0M-106.3% | $31.4M |
| Income Tax | $43.9M+140.1% | $18.3M-35.7% | $28.4M+119.6% | $12.9M+127.3% | $5.7M+146.1% | -$12.4M |
| Net Income | $160.7M+141.6% | $66.5M-32.2% | $98.0M+157.2% | $38.1M+75.8% | $21.7M+152.8% | -$41.0M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EPS (Diluted).
ENLT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Total Assets | $8.6B+55.6% | $5.5B+19.7% | $4.6B+31.1% | $3.5B+24.6% | $2.8B | N/A |
| Current Assets | $1.1B+54.8% | $707.9M+6.5% | $664.6M+56.9% | $423.7M+2.5% | $413.3M | N/A |
| Cash & Equivalents | $528.5M+36.4% | $387.4M-4.1% | $403.8M+108.3% | $193.9M-27.1% | $265.9M+167.7% | $99.3M |
| Goodwill | N/A | N/A | N/A | $148.1M0.0% | $148.1M | N/A |
| Total Liabilities | $6.6B+61.6% | $4.1B+28.4% | $3.2B+28.8% | $2.5B+19.5% | $2.1B | N/A |
| Current Liabilities | $1.6B+175.2% | $592.0M+1.5% | $583.3M+51.4% | $385.3M+91.7% | $201.1M | N/A |
| Long-Term Debt | $231.1M+9.1% | $211.9M+77.4% | $119.5M+27.4% | $93.8M-6.2% | $100.0M | N/A |
| Total Equity | $2.0B+38.4% | $1.4B+0.3% | $1.4B+36.8% | $1.1B+38.6% | $757.4M+47.8% | $512.4M |
| Retained Earnings | $240.0M+122.4% | $107.9M+69.4% | $63.7M+983.1% | -$7.2M+77.4% | -$32.0M | N/A |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable.
ENLT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $282.6M+10.7% | $255.3M+33.2% | $191.6M+112.0% | $90.4M+73.7% | $52.0M+34.0% | $38.8M |
| Capital Expenditures | $1.8B+101.6% | $899.3M+23.0% | $731.0M+11.4% | $656.1M+33.2% | $492.8M+44.1% | $341.9M |
| Free Cash Flow | -$1.5B-137.6% | -$644.0M-19.4% | -$539.4M+4.7% | -$565.8M-28.4% | -$440.7M-45.4% | -$303.1M |
| Investing Cash Flow | -$2.2B-134.8% | -$928.7M-18.2% | -$785.6M+4.2% | -$820.0M-27.2% | -$644.6M-30.9% | -$492.4M |
| Financing Cash Flow | $2.0B+199.0% | $671.1M-16.2% | $800.8M+17.0% | $684.7M-9.0% | $752.3M+119.0% | $343.5M |
| Dividends Paid | $29.8M+16.7% | $25.5M+91.6% | $13.3M+355.3% | $2.9M+52.6% | $1.9M-77.0% | $8.3M |
Not reported in any period shown, so not listed: Share Buybacks.
ENLT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 |
|---|---|---|---|---|---|---|
| Net Margin | 32.9%+15.3pp | 17.6%-20.7pp | 38.3%+18.5pp | 19.8%-1.3pp | 21.1%+79.5pp | -58.4% |
| Return on Equity | 8.1%+3.4pp | 4.6%-2.2pp | 6.8%+3.2pp | 3.6%+0.8pp | 2.9%+10.9pp | -8.0% |
| Return on Assets | 1.9%+0.7pp | 1.2%-0.9pp | 2.1%+1.0pp | 1.1%+0.3pp | 0.8% | N/A |
| Current Ratio | 0.67-0.5x | 1.20+0.1x | 1.140.0x | 1.10-1.0x | 2.06 | N/A |
| Debt-to-Equity | 0.120.0x | 0.15+0.1x | 0.080.0x | 0.090.0x | 0.13 | N/A |
| FCF Margin | -313.1% | -170.4% | -210.9% | -294.4% | -430.1% | -431.0% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: FCF Margin.
Note: The current ratio is below 1.0 (0.67), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Where Enlight Renewabl Ranks
Frequently Asked Questions
What is Enlight Renewabl's annual revenue?
Enlight Renewabl (ENLT) reported $488.6M in total revenue for fiscal year 2025. This represents a 29.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Enlight Renewabl's revenue growing?
Enlight Renewabl (ENLT) revenue grew by 29.3% year-over-year, from $377.9M to $488.6M in fiscal year 2025.
Is Enlight Renewabl profitable?
Yes, Enlight Renewabl (ENLT) reported a net income of $160.7M in fiscal year 2025, with a net profit margin of 32.9%.
How much debt does Enlight Renewabl have?
As of fiscal year 2025, Enlight Renewabl (ENLT) had $528.5M in cash and equivalents against $231.1M in long-term debt.
What is Enlight Renewabl's net profit margin?
Enlight Renewabl (ENLT) had a net profit margin of 32.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Enlight Renewabl's return on equity (ROE)?
Enlight Renewabl (ENLT) has a return on equity of 8.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Enlight Renewabl's free cash flow?
Enlight Renewabl (ENLT) recorded an outflow of $1.5B in free cash flow during fiscal year 2025. This represents a -137.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Enlight Renewabl's operating cash flow?
Enlight Renewabl (ENLT) generated $282.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Enlight Renewabl's total assets?
Enlight Renewabl (ENLT) had $8.6B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Enlight Renewabl's capital expenditures?
Enlight Renewabl (ENLT) invested $1.8B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Enlight Renewabl's current ratio?
Enlight Renewabl (ENLT) had a current ratio of 0.67 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Enlight Renewabl's debt-to-equity ratio?
Enlight Renewabl (ENLT) had a debt-to-equity ratio of 0.12 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Enlight Renewabl's return on assets (ROA)?
Enlight Renewabl (ENLT) had a return on assets of 1.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Enlight Renewabl's Piotroski F-Score?
Enlight Renewabl (ENLT) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Enlight Renewabl's earnings high quality?
Enlight Renewabl (ENLT) has an earnings quality ratio of 1.76x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Enlight Renewabl?
Enlight Renewabl (ENLT) scores 37 out of 100 on our Financial Health Score, indicating weak standing within its utilities peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.