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ENLT · Nasdaq · United States · Electric Services
In shortEnlight Renewable Energy Ltd. is profitable, burns cash and carries moderate debt, with revenue growing (+29.3% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 68.0% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 27.0% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 9.2% | 46/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 10.1% | 68/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.67× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.52× | 82/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.74× | 93/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.02× | 5/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.21 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -313.1% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -11.58× | 0/100 |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 23.1% | 25/100 |
| Operating margin volatility | 13.6% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 36.5% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 58.7% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 102 | 192 | 256 | 378 | 489 |
| Cost of revenue | 22 | 40 | 53 | 81 | 134 |
| Gross profit | 61 | 111 | 139 | 297 | 354 |
| Research & development | 4.7 | 5.6 | 6.3 | 12 | 12 |
| Operating income | 34 | 91 | 158 | 176 | 332 |
| Interest expense | 37 | 63 | 68 | 108 | 165 |
| Pre-tax income | 27 | 51 | 126 | 85 | 205 |
| Income tax | 5.7 | 13 | 28 | 18 | 44 |
| Net income | 11 | 25 | 71 | 44 | 132 |
| Diluted EPS | $0.12 | $0.25 | $0.57 | $0.36 | $1.00 |
| Diluted shares (millions) | 98 | 100 | 124 | 123 | 133 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
0.21 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Mar 30, 2026