SolarEdge Technologies (SEDG) Financials

$13.92 +1.16 (+9.09%)

As of 04/14/2025 04:00 PM Eastern

Annual Income Statements for SolarEdge Technologies

This table shows SolarEdge Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-21	21	77	84	129	147	140	169	94	34	-1,806
Consolidated Net Income / (Loss)	-21	21	77	84	128	145	140	169	94	34	-1,806
Net Income / (Loss) Continuing Operations	-21	21	77	84	128	145	140	169	94	34	-1,806
Total Pre-Tax Income	-21	23	72	100	137	179	164	187	177	81	-1,708
Total Operating Income	-18	28	72	91	139	190	143	207	166	40	-1,708
Total Gross Profit	22	82	152	215	319	479	461	629	845	704	-877
Total Revenue	133	325	490	607	937	1,426	1,459	1,964	3,110	2,977	901
Operating Revenue	133	325	490	607	937	1,426	1,459	1,964	3,110	2,977	901
Total Cost of Revenue	111	243	338	392	618	946	998	1,335	2,266	2,273	1,779
Operating Cost of Revenue	111	243	338	392	618	946	998	1,335	2,266	2,273	1,779
Total Operating Expenses	40	54	80	124	180	289	319	422	679	664	831
Selling, General & Admin Expense	4.29	6.64	12	19	29	49	63	82	112	147	147
Marketing Expense	18	25	35	50	68	88	96	119	160	164	147
Research & Development Expense	18	22	33	55	82	121	163	220	290	321	277
Other Operating Expenses / (Income)	-	-	-	-	0.00	31	-3.43	1.35	117	31	260
Total Other Income / (Expense), net	-2.79	-5.08	0.47	9.16	-2.30	-11	21	-20	11	41	-0.02
Interest Expense	-	-	-	-	-	-	-21	20	-3.75	-41	15
Other Income / (Expense), net	-2.79	-5.08	0.47	9.16	-2.30	-11	0.00	0.10	7.29	-0.32	15
Income Tax Expense	0.22	1.96	-4.38	16	9.08	34	23	18	83	46	96
Other Gains / (Losses), net	-	-	-	-	-	-	-	0.00	0.00	-0.35	-1.90
Basic Earnings per Share	($7.64)	$0.30	$1.92	$1.99	$2.85	$3.06	$2.79	$3.24	$1.70	$0.61	($31.64)
Weighted Average Basic Shares Outstanding	2.80M	11.90M	39.99M	42.21M	45.24M	47.92M	50.22M	52.20M	55.09M	56.56M	57.08M
Diluted Earnings per Share	($7.64)	$0.27	$1.73	$1.85	$2.69	$2.90	$2.66	$3.06	$1.65	$0.60	($31.64)
Weighted Average Diluted Shares Outstanding	2.80M	15.27M	44.38M	45.43M	47.98M	50.20M	52.80M	55.97M	58.10M	57.24M	57.08M
Weighted Average Basic & Diluted Shares Outstanding	-	11.90M	39.90M	42.21M	45.24M	49.24M	51.58M	52.82M	56.15M	57.13M	58.78M

This table shows SolarEdge Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	25	21	138	120	-61	-162	-157	-131	-1,205	-313
Consolidated Net Income / (Loss)	25	21	138	120	-61	-162	-157	-131	-1,205	-313
Net Income / (Loss) Continuing Operations	25	21	138	120	-61	-162	-157	-131	-1,205	-313
Total Pre-Tax Income	59	51	168	154	-25	-215	-181	-142	-1,084	-301
Total Operating Income	84	-5.16	144	150	-17	-238	-174	-160	-1,085	-289
Total Gross Profit	222	261	300	317	143	-56	-26	-11	-702	-138
Total Revenue	837	891	944	991	725	316	204	265	261	171
Operating Revenue	837	891	944	991	725	316	204	265	261	171
Total Cost of Revenue	615	630	644	674	582	372	231	276	963	308
Operating Cost of Revenue	615	630	644	674	582	372	231	276	963	308
Total Operating Expenses	138	266	156	167	160	181	148	149	383	151
Selling, General & Admin Expense	28	30	37	36	39	35	31	39	41	36
Marketing Expense	43	43	41	44	40	39	39	40	37	31
Research & Development Expense	70	79	80	87	80	75	75	69	70	62
Other Operating Expenses / (Income)	-2.72	115	-1.43	0.00	0.00	33	2.39	0.95	234	22
Total Other Income / (Expense), net	-25	56	24	3.38	-8.39	22	-7.06	18	1.63	-12
Other Income / (Expense), net	7.65	0.48	-0.13	0.00	-8.39	8.19	0.00	19	1.63	-5.63
Income Tax Expense	34	30	29	34	36	-53	-24	-12	121	11
Other Gains / (Losses), net	-	-	0.00	0.00	0.00	-0.35	-0.30	-0.57	-0.58	-0.46
Basic Earnings per Share	$0.44	$0.37	$2.46	$2.12	($1.08)	($2.89)	($2.75)	($2.31)	($21.13)	($5.45)
Weighted Average Basic Shares Outstanding	55.73M	55.09M	56.22M	56.42M	56.67M	56.56M	57.14M	56.69M	57.03M	57.08M
Diluted Earnings per Share	$0.43	$0.36	$2.35	$2.03	($1.08)	($2.70)	($2.75)	($2.31)	($21.13)	($5.45)
Weighted Average Diluted Shares Outstanding	58.75M	58.10M	59.19M	59.18M	56.67M	57.24M	57.14M	56.69M	57.03M	57.08M
Weighted Average Basic & Diluted Shares Outstanding	55.89M	56.15M	56.34M	56.56M	56.81M	57.13M	57.30M	57.30M	57.95M	58.78M

This table details how cash moves in and out of SolarEdge Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-3.32	135	-73	58	25	36	627	-285	253	-445	71
Net Cash From Operating Activities	-18	12	53	137	189	259	223	214	31	-180	-313
Net Cash From Continuing Operating Activities	-18	12	53	137	189	259	223	214	31	-180	-313
Net Income / (Loss) Continuing Operations	-21	21	77	84	128	145	140	169	94	34	-1,806
Consolidated Net Income / (Loss)	-21	21	77	84	128	145	140	169	94	34	-1,806
Depreciation Expense	1.98	2.25	3.76	7.01	11	17	22	40	50	57	60
Non-Cash Adjustments To Reconcile Net Income	9.31	21	28	37	73	119	103	196	424	358	1,060
Changes in Operating Assets and Liabilities, net	-7.75	-32	-57	6.27	-26	-32	-57	-191	-536	-630	373
Net Cash From Investing Activities	-3.15	-14	-129	-85	-157	-153	-237	-484	-417	-269	416
Net Cash From Continuing Investing Activities	-3.15	-14	-129	-85	-157	-153	-237	-484	-417	-269	416
Purchase of Property, Plant & Equipment	-2.99	-12	-16	-21	-39	-73	-127	-149	-169	-171	-108
Acquisitions	0.00	0.00	-0.80	0.00	-95	-38	-	0.00	0.00	-27	-20
Purchase of Investments	0.00	0.00	-119	-144	-143	-160	-224	-596	-507	-304	-279
Sale and/or Maturity of Investments	0.00	0.00	6.35	80	129	143	142	202	231	280	866
Other Investing Activities, net	-0.16	-2.17	-	-0.62	-9.98	-25	-28	59	28	-47	-42
Net Cash From Financing Activities	18	137	2.78	7.24	-7.96	-73	640	-15	655	-12	-20
Net Cash From Continuing Financing Activities	18	137	2.78	7.24	-7.96	-73	640	-15	655	-12	-20
Repayment of Debt	-15	-42	0.00	0.00	-3.79	-11	-16	-9.59	1.06	-2.70	-2.63
Repurchase of Common Equity	-	-	-	-	-	-	-	-	0.00	0.00	-318
Issuance of Debt	22	23	-	-	0.00	0.25	635	0.00	651	0.00	329
Other Financing Activities, net	0.05	0.08	2.78	7.24	-4.17	-62	22	-5.59	3.02	-9.26	-29
Effect of Exchange Rate Changes	-	-	-	-	-	3.01	-	-	-16	16	-11
Cash Income Taxes Paid	0.09	4.04	1.18	3.10	15	41	39	46	75	138	17

This table details how cash moves in and out of SolarEdge Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-50	66	-55	-170	-6.62	-213	-124	45	44	106
Net Cash From Operating Activities	5.56	111	7.92	-89	41	-140	-217	-45	-64	12
Net Cash From Continuing Operating Activities	5.56	111	7.92	-89	41	-140	-217	-45	-64	12
Net Income / (Loss) Continuing Operations	25	21	138	120	-61	-162	-157	-131	-1,205	-313
Consolidated Net Income / (Loss)	25	21	138	120	-61	-162	-157	-131	-1,205	-313
Depreciation Expense	13	12	13	13	15	15	15	15	17	13
Non-Cash Adjustments To Reconcile Net Income	93	164	79	84	114	80	34	13	912	101
Changes in Operating Assets and Liabilities, net	-125	-86	-223	-305	-28	-73	-109	57	213	212
Net Cash From Investing Activities	-55	-37	-68	-77	-44	-81	149	94	76	98
Net Cash From Continuing Investing Activities	-55	-37	-68	-77	-44	-81	149	94	76	98
Purchase of Property, Plant & Equipment	-33	-44	-38	-46	-46	-40	-26	-22	-47	-12
Purchase of Investments	-99	-46	-44	-86	-92	-82	-138	-43	-46	-52
Sale and/or Maturity of Investments	52	53	12	75	108	86	320	213	171	163
Other Investing Activities, net	1.69	25	3.44	6.91	-13	-44	-6.20	-32	-3.53	-0.44
Net Cash From Financing Activities	-1.27	7.47	-5.22	-4.92	-1.16	-0.65	-51	0.30	31	-0.26
Net Cash From Continuing Financing Activities	-1.27	7.47	-5.22	-4.92	-1.16	-0.65	-51	0.30	31	-0.26
Repayment of Debt	1.83	-2.35	-0.68	-0.65	-0.71	-0.66	-0.52	-0.72	-0.70	-0.69
Repurchase of Common Equity	-	-	0.00	-	-	-	-50	-0.02	-0.30	-268
Other Financing Activities, net	-3.10	9.82	-4.54	-4.27	-0.46	0.01	-0.47	-25	-3.78	0.31
Effect of Exchange Rate Changes	-	-	9.82	0.20	-2.31	8.61	-5.24	-4.48	1.93	-3.58

This table presents SolarEdge Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	75	306	397	641	964	1,495	2,437	2,901	4,266	4,588	2,630
Total Current Assets	69	290	310	477	677	933	1,719	1,711	2,900	3,304	2,034
Cash & Equivalents	9.75	145	74	163	188	224	827	530	783	338	275
Restricted Cash	1.60	3.64	0.93	1.52	0.82	28	-	-	-	0.00	135
Short-Term Investments	-	0.00	59	77	119	92	144	168	241	522	311
Accounts Receivable	19	35	73	110	174	298	219	456	905	622	160
Inventories, net	25	74	82	83	142	171	332	380	729	1,443	646
Prepaid Expenses	13	33	21	42	45	115	198	177	241	378	507
Plant, Property, & Equipment, net	5.35	15	29	51	119	177	303	410	544	615	343
Total Noncurrent Assets	0.37	0.53	59	113	168	385	414	779	804	666	252
Long-Term Investments	-	0.00	52	103	74	119	147	482	645	408	43
Noncurrent Note & Lease Receivables	-	-	-	-	-	-	-	-	-	-	46
Goodwill	-	-	-	0.00	35	130	140	130	31	78	58
Noncurrent Deferred & Refundable Income Taxes	-	0.00	6.30	8.34	15	16	12	28	44	81	0.00
Other Noncurrent Operating Assets	0.37	0.53	0.40	0.86	5.50	46	47	81	63	99	106
Total Liabilities & Shareholders' Equity	75	306	397	641	964	1,495	2,437	2,901	4,266	4,588	2,630
Total Liabilities	94	139	141	244	394	683	1,351	1,591	2,090	2,176	1,972
Total Current Liabilities	73	106	87	130	226	437	436	525	890	893	1,041
Short-Term Debt	17	-	-	0.00	17	16	-	-	-	0.00	346
Accounts Payable	44	88	59	90	137	238	285	361	674	592	337
Accrued Expenses	5.50	9.43	14	15	29	65	63	71	104	183	140
Current Deferred Revenue	1.73	1.68	3.86	2.56	14	71	25	18	27	41	141
Current Employee Benefit Liabilities	5.21	6.81	10	23	29	47	64	74	85	77	76
Total Noncurrent Liabilities	21	33	54	114	168	246	915	1,066	1,200	1,283	931
Long-Term Debt	3.44	-	-	0.00	3.51	0.00	573	622	624	627	330
Noncurrent Deferred Revenue	4.25	8.29	15	31	61	90	115	152	187	215	231
Other Noncurrent Operating Liabilities	13	22	37	83	102	152	227	293	388	441	370
Commitments & Contingencies	0.00	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	-135	167	256	397	571	812	1,086	1,310	2,176	2,412	658
Total Preferred & Common Equity	-135	167	256	397	562	812	1,086	1,310	2,176	2,412	658
Total Common Equity	-135	167	256	397	562	812	1,086	1,310	2,176	2,412	658
Common Stock	5.88	287	299	332	372	476	604	687	1,506	1,681	1,813
Retained Earnings	-141	-120	-43	66	191	338	478	650	744	778	-1,028
Treasury Stock	-	-	-	-	-	-	-	-	-	0.00	-50
Accumulated Other Comprehensive Income / (Loss)	-0.06	-0.22	0.27	-0.61	-0.52	-1.81	3.86	-27	-73	-47	-76

This table presents SolarEdge Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	3,904	4,496	4,697	4,651	4,167	3,948	2,816
Total Current Assets	2,452	3,242	3,449	3,363	2,989	2,893	2,118
Cash & Equivalents	678	728	558	551	214	259	304
Short-Term Investments	203	411	493	477	466	430	375
Accounts Receivable	785	970	1,150	940	404	296	239
Inventories, net	561	874	984	1,178	1,549	1,505	798
Prepaid Expenses	224	260	264	218	355	403	402
Plant, Property, & Equipment, net	491	556	581	605	605	596	424
Total Noncurrent Assets	960	698	667	683	573	459	274
Long-Term Investments	689	509	436	436	268	120	56
Goodwill	109	30	42	41	41	52	52
Intangible Assets	46	18	44	42	33	37	11
Noncurrent Deferred & Refundable Income Taxes	38	47	50	60	123	132	0.00
Other Noncurrent Operating Assets	78	95	95	103	107	119	155
Total Liabilities & Shareholders' Equity	3,904	4,496	4,697	4,651	4,167	3,948	2,816
Total Liabilities	1,851	2,146	2,176	2,161	1,926	1,842	1,860
Total Current Liabilities	694	900	898	877	659	567	904
Short-Term Debt	-	-	-	-	-	-	346
Accounts Payable	493	652	649	603	368	301	297
Accrued Expenses	97	129	146	174	181	169	164
Current Deferred Revenue	32	28	28	22	36	28	27
Current Employee Benefit Liabilities	72	91	75	78	74	68	70
Total Noncurrent Liabilities	1,157	1,246	1,279	1,284	1,267	1,275	956
Long-Term Debt	624	625	626	627	628	639	330
Noncurrent Deferred Revenue	177	197	205	212	219	223	227
Other Noncurrent Operating Liabilities	356	423	448	445	421	414	400
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,052	2,351	2,520	2,490	2,241	2,106	956
Total Preferred & Common Equity	2,052	2,351	2,520	2,490	2,241	2,106	956
Total Common Equity	2,052	2,351	2,520	2,490	2,241	2,106	956
Common Stock	1,457	1,546	1,596	1,634	1,720	1,744	1,779
Retained Earnings	723	882	1,002	941	621	490	-715
Treasury Stock	-	-	-	-	-33	-50	-50
Accumulated Other Comprehensive Income / (Loss)	-128	-77	-77	-84	-67	-78	-57

This table displays calculated financial ratios and metrics derived from SolarEdge Technologies' official financial filings.

Metric	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	68.55%	144.02%	50.68%	23.93%	54.39%	52.11%	2.36%	34.58%	58.38%	-4.30%	-69.71%
EBITDA Growth	26.88%	232.60%	201.22%	42.88%	37.94%	36.17%	-13.06%	38.06%	-9.60%	-56.48%	-1,782.97%
EBIT Growth	24.63%	209.56%	211.60%	38.78%	36.79%	30.25%	-20.18%	45.37%	-16.33%	-77.00%	-4,346.35%
NOPAT Growth	33.10%	301.12%	194.28%	0.49%	70.22%	18.41%	-20.72%	53.13%	-53.02%	-80.45%	-7,055.49%
Net Income Growth	24.14%	198.80%	262.71%	9.87%	52.12%	13.21%	-3.20%	20.56%	-44.57%	-63.39%	-5,361.90%
EPS Growth	25.68%	103.53%	540.74%	6.94%	45.41%	7.81%	-8.28%	15.04%	-46.08%	-63.64%	-5,373.33%
Operating Cash Flow Growth	22.77%	167.55%	335.79%	160.17%	38.35%	36.98%	-14.03%	-3.83%	-85.39%	-675.74%	-73.96%
Free Cash Flow Firm Growth	0.00%	-98.74%	577.53%	280.41%	-127.90%	94.96%	-3,884.88%	56.23%	-1,059.75%	-134.40%	100.37%
Invested Capital Growth	0.00%	305.23%	243.06%	-27.05%	299.49%	74.28%	48.23%	38.96%	48.00%	59.04%	-67.73%
Revenue Q/Q Growth	0.00%	0.00%	5.68%	11.91%	8.61%	12.16%	-3.96%	10.95%	12.22%	-16.18%	-13.88%
EBITDA Q/Q Growth	0.00%	0.00%	11.80%	22.59%	-6.54%	24.21%	-22.82%	20.01%	-22.59%	-69.56%	-4.34%
EBIT Q/Q Growth	0.00%	0.00%	11.04%	22.93%	-7.93%	26.44%	-28.88%	32.66%	-25.52%	-84.92%	-4.02%
NOPAT Q/Q Growth	0.00%	0.00%	9.59%	2.30%	-4.55%	27.24%	-21.65%	26.03%	-41.55%	-89.93%	-3.11%
Net Income Q/Q Growth	0.00%	0.00%	11.68%	2.72%	-5.43%	38.37%	-19.82%	15.97%	-17.67%	-84.22%	-9.09%
EPS Q/Q Growth	0.00%	0.00%	8.13%	1.65%	-5.28%	36.15%	-21.30%	15.47%	-18.32%	-83.61%	-9.52%
Operating Cash Flow Q/Q Growth	0.00%	240.28%	4.89%	25.42%	0.55%	16.24%	-20.05%	41.08%	227.20%	-353.33%	32.70%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	28.83%	-124.44%	98.84%	-205.56%	82.18%	-14.10%	-70.23%	100.58%
Invested Capital Q/Q Growth	0.00%	0.00%	8.37%	-21.32%	123.88%	10.23%	24.03%	4.87%	0.55%	7.05%	-36.37%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	16.49%	25.16%	31.02%	35.38%	34.06%	33.62%	31.62%	32.04%	27.16%	23.65%	-97.31%
EBITDA Margin	-14.40%	7.82%	15.64%	18.03%	16.11%	14.42%	12.25%	12.57%	7.17%	3.26%	-181.25%
Operating Margin	-13.79%	8.69%	14.65%	15.00%	14.88%	13.32%	9.77%	10.55%	5.34%	1.35%	-189.50%
EBIT Margin	-15.88%	7.13%	14.75%	16.51%	14.63%	12.53%	9.77%	10.55%	5.58%	1.34%	-187.89%
Profit (Net Income) Margin	-16.05%	6.50%	15.64%	13.87%	13.66%	10.17%	9.62%	8.61%	3.02%	1.15%	-200.38%
Tax Burden Percent	101.04%	91.53%	106.06%	83.97%	93.38%	81.16%	85.74%	90.36%	52.94%	42.33%	105.74%
Interest Burden Percent	100.00%	99.55%	100.00%	100.00%	100.00%	100.00%	114.80%	90.34%	102.16%	203.32%	100.86%
Effective Tax Rate	0.00%	8.47%	-6.06%	16.03%	6.62%	18.84%	14.26%	9.64%	47.06%	57.24%	0.00%
Return on Invested Capital (ROIC)	0.00%	481.76%	164.07%	123.12%	99.48%	53.70%	26.99%	28.96%	9.44%	1.19%	-102.21%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	488.67%	163.77%	120.21%	100.08%	55.97%	23.34%	32.23%	8.72%	-0.81%	64.97%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-453.19%	-127.85%	-97.36%	-73.02%	-32.72%	-12.20%	-14.84%	-4.06%	0.30%	-15.46%
Return on Equity (ROE)	111.98%	28.57%	36.22%	25.76%	26.45%	20.97%	14.79%	14.12%	5.38%	1.50%	-117.67%
Cash Return on Invested Capital (CROIC)	0.00%	-25.21%	54.35%	154.40%	-20.44%	-0.47%	-11.87%	-3.64%	-29.28%	-44.39%	0.20%
Operating Return on Assets (OROA)	-28.21%	12.18%	20.55%	19.30%	17.08%	14.53%	7.25%	7.76%	4.84%	0.90%	-46.93%
Return on Assets (ROA)	-28.50%	11.10%	21.79%	16.21%	15.95%	11.79%	7.14%	6.34%	2.62%	0.78%	-50.05%
Return on Common Equity (ROCE)	793.58%	6.12%	36.22%	25.76%	26.22%	20.85%	14.79%	14.12%	5.38%	1.50%	-117.67%
Return on Equity Simple (ROE_SIMPLE)	15.80%	12.65%	29.91%	21.18%	22.77%	17.86%	12.92%	12.91%	4.31%	1.42%	-274.38%
Net Operating Profit after Tax (NOPAT)	-13	26	76	76	130	154	122	187	88	17	-1,196
NOPAT Margin	-9.65%	7.96%	15.54%	12.60%	13.89%	10.81%	8.38%	9.53%	2.83%	0.58%	-132.65%
Net Nonoperating Expense Percent (NNEP)	191.68%	-6.92%	0.30%	2.91%	-0.61%	-2.28%	3.65%	-3.26%	0.72%	2.01%	-167.18%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	-	3.14%	0.57%	-89.60%
Cost of Revenue to Revenue	83.51%	74.84%	68.98%	64.62%	65.94%	66.38%	68.38%	67.96%	72.84%	76.35%	197.31%
SG&A Expenses to Revenue	3.22%	2.04%	2.48%	3.08%	3.12%	3.46%	4.33%	4.19%	3.62%	4.92%	16.36%
R&D to Revenue	13.70%	6.77%	6.78%	9.05%	8.78%	8.51%	11.18%	11.18%	9.32%	10.80%	30.75%
Operating Expenses to Revenue	30.28%	16.50%	16.37%	20.37%	19.19%	20.30%	21.85%	21.50%	21.82%	22.30%	92.19%
Earnings before Interest and Taxes (EBIT)	-21	23	72	100	137	179	143	207	173	40	-1,694
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-19	25	77	109	151	206	179	247	223	97	-1,634
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	8.52	3.12	4.06	2.86	5.69	15.05	11.25	7.28	2.20	1.20
Price to Tangible Book Value (P/TBV)	0.00	8.52	3.12	4.08	3.28	7.60	18.62	13.14	7.45	2.28	1.31
Price to Revenue (P/Rev)	0.00	4.38	1.63	2.66	1.71	3.24	11.20	7.50	5.09	1.79	0.87
Price to Earnings (P/E)	0.00	67.36	10.42	19.19	12.46	31.54	116.46	87.10	168.84	154.90	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	1.48%	9.60%	5.21%	8.02%	3.17%	0.86%	1.15%	0.59%	0.65%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	60.97	8.55	24.24	5.98	11.44	29.21	18.86	13.30	2.64	1.23
Enterprise Value to Revenue (EV/Rev)	0.00	3.93	1.25	2.09	1.34	2.93	10.83	7.22	4.75	1.57	0.78
Enterprise Value to EBITDA (EV/EBITDA)	0.00	50.20	8.02	11.60	8.30	20.31	88.38	57.45	66.29	48.18	0.00
Enterprise Value to EBIT (EV/EBIT)	0.00	55.08	8.50	12.67	9.14	23.38	110.81	68.41	85.28	117.26	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	49.36	8.07	16.61	9.62	27.09	129.25	75.75	168.17	272.05	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	105.91	11.69	9.29	6.63	16.12	70.95	66.21	472.70	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	24.35	13.24	0.00	0.00	0.00	0.00	0.00	0.00	298.21
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	-1.06	0.01	0.01	0.00	0.04	0.02	0.53	0.47	0.29	0.26	1.03
Long-Term Debt to Equity	-0.18	0.01	0.01	0.00	0.01	0.00	0.53	0.47	0.29	0.26	0.50
Financial Leverage	-0.47	-0.93	-0.78	-0.81	-0.73	-0.58	-0.52	-0.46	-0.47	-0.37	-0.24
Leverage Ratio	-3.93	2.57	1.66	1.59	1.66	1.78	2.07	2.23	2.06	1.93	2.35
Compound Leverage Factor	-3.93	2.56	1.66	1.59	1.66	1.78	2.38	2.01	2.10	3.92	2.37
Debt to Total Capital	1,755.77%	1.41%	0.89%	0.00%	3.41%	1.89%	34.56%	32.18%	22.30%	20.64%	50.67%
Short-Term Debt to Total Capital	1,457.07%	0.00%	0.00%	0.00%	2.82%	1.89%	0.00%	0.00%	0.00%	0.00%	25.95%
Long-Term Debt to Total Capital	298.70%	1.41%	0.89%	0.00%	0.59%	0.00%	34.56%	32.18%	22.30%	20.64%	24.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	10,078.32%	0.00%	0.00%	0.00%	1.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	-11,734.09%	98.59%	99.11%	100.00%	95.18%	98.11%	65.44%	67.82%	77.70%	79.36%	49.33%
Debt to EBITDA	-1.06	0.09	0.03	0.00	0.13	0.08	3.21	2.52	2.80	6.46	-0.41
Net Debt to EBITDA	-0.46	-5.74	-2.41	0.00	-2.39	-2.17	-3.05	-2.26	-4.69	-6.60	0.05
Long-Term Debt to EBITDA	-0.18	0.09	0.03	0.00	0.02	0.00	3.21	2.52	2.80	6.46	-0.20
Debt to NOPAT	-1.57	0.09	0.03	0.00	0.15	0.10	4.69	3.32	7.10	36.49	-0.57
Net Debt to NOPAT	-0.69	-5.65	-2.42	0.00	-2.78	-2.90	-4.46	-2.98	-11.89	-37.25	0.07
Long-Term Debt to NOPAT	-0.27	0.09	0.03	0.00	0.03	0.00	4.69	3.32	7.10	36.49	-0.28
Altman Z-Score	0.00	7.64	5.74	6.23	4.73	6.12	8.95	7.27	6.22	3.01	-1.64
Noncontrolling Interest Sharing Ratio	-608.68%	78.59%	0.00%	0.00%	0.86%	0.60%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.95	2.75	3.55	3.67	3.00	2.14	3.94	3.26	3.26	3.70	1.95
Quick Ratio	0.40	1.71	2.36	2.70	2.13	1.41	2.73	2.20	2.17	1.66	0.72
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-2.66	-5.28	25	96	-27	-1.35	-54	-24	-273	-640	2.35
Operating Cash Flow to CapEx	-596.82%	102.46%	334.80%	639.16%	489.74%	356.94%	175.61%	143.47%	18.47%	-105.62%	-289.67%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-1.18	0.00	0.00	0.16
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.70	0.00	0.00	-21.50
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.24	0.00	0.00	-28.93
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.78	1.71	1.39	1.17	1.17	1.16	0.74	0.74	0.87	0.67	0.25
Accounts Receivable Turnover	6.91	11.89	9.06	6.66	6.62	6.04	5.64	5.82	4.57	3.90	2.30
Inventory Turnover	4.36	4.89	4.35	4.77	5.51	6.06	3.97	3.75	4.08	2.09	1.70
Fixed Asset Turnover	24.90	32.40	22.64	15.23	10.99	9.62	6.08	5.50	6.52	5.14	1.88
Accounts Payable Turnover	2.55	3.70	4.60	5.26	5.45	5.05	3.82	4.13	4.38	3.59	3.83
Days Sales Outstanding (DSO)	52.79	30.71	40.30	54.80	55.13	60.42	64.67	62.73	79.89	93.66	158.49
Days Inventory Outstanding (DIO)	83.66	74.60	83.99	76.55	66.30	60.23	91.90	97.34	89.36	174.47	214.38
Days Payable Outstanding (DPO)	143.41	98.55	79.33	69.35	66.94	72.23	95.61	88.42	83.40	101.69	95.40
Cash Conversion Cycle (CCC)	-6.95	6.75	44.96	61.99	54.49	48.42	60.95	71.66	85.84	166.44	277.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	-10	21	72	52	209	365	541	752	1,112	1,769	571
Invested Capital Turnover	-26.11	60.55	10.56	9.77	7.16	4.97	3.22	3.04	3.34	2.07	0.77
Increase / (Decrease) in Invested Capital	-10	31	51	-19	157	156	176	211	361	657	-1,198
Enterprise Value (EV)	0.00	1,277	614	1,270	1,253	4,176	15,798	14,177	14,788	4,677	701
Market Capitalization	0.00	1,423	798	1,615	1,606	4,622	16,343	14,735	15,833	5,318	788
Book Value per Share	($48.34)	$4.27	$6.29	$9.24	$12.29	$16.70	$21.20	$24.94	$38.94	$42.45	$11.36
Tangible Book Value per Share	($48.34)	$4.27	$6.29	$9.21	$10.69	$12.51	$17.13	$21.35	$38.02	$41.08	$10.36
Total Capital	1.15	169	258	397	591	827	1,659	1,932	2,801	3,039	1,335
Total Debt	20	2.39	2.30	0.00	20	16	573	622	624	627	676
Total Long-Term Debt	3.44	2.39	2.30	0.00	3.51	0.00	573	622	624	627	330
Net Debt	8.89	-146	-184	-345	-361	-447	-545	-559	-1,045	-640	-88
Capital Expenditures (CapEx)	2.99	12	16	21	39	73	127	149	169	171	108
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1.77	36	88	105	161	168	312	488	986	1,551	618
Debt-free Net Working Capital (DFNWC)	13	185	222	347	468	512	1,283	1,186	2,010	2,411	1,340
Net Working Capital (NWC)	-3.67	185	222	347	452	496	1,283	1,186	2,010	2,411	993
Net Nonoperating Expense (NNE)	8.52	4.74	-0.50	-7.69	2.14	9.21	-18	18	-5.84	-17	611
Net Nonoperating Obligations (NNO)	8.89	-146	-184	-345	-361	-447	-545	-559	-1,064	-643	-88
Total Depreciation and Amortization (D&A)	1.98	2.25	4.38	9.22	14	27	36	40	50	57	60
Debt-free, Cash-free Net Working Capital to Revenue	1.33%	11.21%	18.04%	17.30%	17.17%	11.81%	21.41%	24.86%	31.69%	52.11%	68.59%
Debt-free Net Working Capital to Revenue	9.86%	56.85%	45.42%	57.15%	49.96%	35.89%	87.94%	60.40%	64.62%	81.00%	148.60%
Net Working Capital to Revenue	-2.75%	56.85%	45.42%	57.15%	48.18%	34.79%	87.94%	60.40%	64.62%	81.00%	110.18%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($7.64)	$0.30	$1.92	$1.99	$2.85	$3.06	$0.00	$3.24	$1.70	$0.61	($31.64)
Adjusted Weighted Average Basic Shares Outstanding	2.80M	11.90M	39.99M	42.21M	45.24M	47.92M	0.00	52.20M	55.09M	56.56M	57.08M
Adjusted Diluted Earnings per Share	($7.64)	$0.27	$1.73	$1.85	$2.69	$2.90	$0.00	$3.06	$1.65	$0.60	($31.64)
Adjusted Weighted Average Diluted Shares Outstanding	2.80M	15.27M	44.38M	45.43M	47.98M	50.20M	0.00	55.97M	58.10M	57.24M	57.08M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	39.30M	40.90M	43.89M	47.26M	49.24M	0.00	52.82M	56.15M	57.13M	58.78M
Normalized Net Operating Profit after Tax (NOPAT)	-13	26	50	76	130	154	122	187	88	28	-1,196
Normalized NOPAT Margin	-9.65%	7.96%	10.25%	12.60%	13.89%	10.81%	8.38%	9.53%	2.83%	0.95%	-132.65%
Pre Tax Income Margin	-15.88%	7.10%	14.75%	16.51%	14.63%	12.53%	11.22%	9.53%	5.70%	2.72%	-189.51%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	10.35	0.00	0.00	-116.25
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	9.35	0.00	0.00	-82.07
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.90	0.00	0.00	-123.67
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.89	0.00	0.00	-89.50
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-17.61%

This table displays calculated financial ratios and metrics derived from SolarEdge Technologies' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	58.95%	61.38%	44.09%	36.21%	-13.32%	-64.52%	-78.35%	-73.23%	-64.03%	-45.97%
EBITDA Growth	41.77%	-89.45%	155.34%	237.43%	-109.33%	-2,890.67%	-200.78%	-177.12%	-10,767.38%	-31.70%
EBIT Growth	51.76%	-108.57%	187.94%	317.52%	-127.28%	-4,793.11%	-220.60%	-194.20%	-4,215.38%	-28.50%
NOPAT Growth	-38.96%	-104.34%	220.64%	366.93%	-133.03%	-7,806.13%	-202.23%	-195.93%	-6,388.50%	-21.70%
Net Income Growth	-53.36%	-49.14%	317.77%	692.30%	-347.25%	-879.60%	-213.68%	-209.46%	-1,870.25%	-92.70%
EPS Growth	-55.21%	-50.68%	291.67%	680.77%	-351.16%	-850.00%	-217.02%	-213.79%	-1,856.48%	-101.85%
Operating Cash Flow Growth	-91.00%	24.25%	104.86%	-214.59%	630.21%	-225.71%	-2,839.10%	49.53%	-257.36%	108.82%
Free Cash Flow Firm Growth	-59.18%	-123.61%	49.44%	-41.38%	-57.59%	-126.81%	-280.50%	22.08%	99.24%	220.99%
Invested Capital Growth	54.36%	48.00%	29.99%	58.77%	49.39%	59.04%	44.55%	16.60%	-45.72%	-67.73%
Revenue Q/Q Growth	14.97%	6.45%	5.97%	5.02%	-26.83%	-56.43%	-35.33%	29.85%	-1.70%	-34.55%
EBITDA Q/Q Growth	117.02%	-92.71%	1,951.76%	3.89%	-106.00%	-2,082.05%	28.54%	20.49%	-745.44%	73.56%
EBIT Q/Q Growth	155.64%	-105.09%	3,172.29%	4.39%	-116.70%	-813.50%	26.80%	18.46%	-665.11%	72.80%
NOPAT Q/Q Growth	41.62%	-105.93%	5,754.67%	-1.74%	-110.02%	-1,320.43%	26.89%	7.79%	-577.52%	73.36%
Net Income Q/Q Growth	64.03%	-15.82%	564.35%	-13.64%	-151.19%	-165.44%	3.12%	16.84%	-821.37%	74.04%
EPS Q/Q Growth	65.38%	-16.28%	552.78%	-13.62%	-153.20%	-150.00%	-1.85%	16.00%	-814.72%	74.21%
Operating Cash Flow Q/Q Growth	-92.82%	1,902.52%	-92.88%	-1,219.66%	145.75%	-444.73%	-55.11%	79.37%	-42.65%	119.32%
Free Cash Flow Firm Q/Q Growth	-0.66%	-2.47%	48.34%	-165.33%	-12.21%	-47.48%	13.59%	45.66%	98.91%	23,611.44%
Invested Capital Q/Q Growth	5.84%	0.55%	19.41%	24.94%	-0.41%	7.05%	8.38%	0.78%	-53.64%	-36.37%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	26.53%	29.31%	31.80%	32.01%	19.69%	-17.85%	-12.81%	-4.13%	-269.19%	-80.66%
EBITDA Margin	12.58%	0.86%	16.69%	16.51%	-1.35%	-67.78%	-77.65%	-47.55%	-408.91%	-165.22%
Operating Margin	10.09%	-0.58%	15.27%	15.17%	-2.31%	-75.17%	-84.98%	-60.35%	-415.97%	-169.33%
EBIT Margin	11.00%	-0.53%	15.26%	15.17%	-3.46%	-72.58%	-84.98%	-53.36%	-415.34%	-172.63%
Profit (Net Income) Margin	2.96%	2.34%	14.66%	12.06%	-8.43%	-51.38%	-76.96%	-49.29%	-461.98%	-183.26%
Tax Burden Percent	42.00%	40.74%	82.51%	77.73%	243.62%	75.44%	87.02%	91.80%	111.23%	103.81%
Interest Burden Percent	64.00%	-1,090.53%	116.44%	102.25%	100.00%	93.83%	104.07%	100.61%	100.00%	102.25%
Effective Tax Rate	58.00%	59.26%	17.49%	22.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	12.88%	-0.79%	36.46%	31.93%	-4.16%	-108.72%	-81.94%	-35.53%	-239.09%	-91.33%
ROIC Less NNEP Spread (ROIC-NNEP)	14.34%	-3.61%	34.52%	31.65%	1.39%	-109.18%	-76.63%	-31.90%	-139.75%	-61.07%
Return on Net Nonoperating Assets (RNNOA)	-6.40%	1.68%	-15.92%	-12.83%	-0.55%	40.62%	22.42%	7.12%	36.38%	14.53%
Return on Equity (ROE)	6.48%	0.89%	20.53%	19.11%	-4.70%	-68.10%	-59.52%	-28.41%	-202.71%	-76.80%
Cash Return on Invested Capital (CROIC)	-26.24%	-29.28%	-11.40%	-25.98%	-27.23%	-44.39%	-48.40%	-38.24%	-31.71%	0.20%
Operating Return on Assets (OROA)	9.30%	-0.46%	12.68%	13.12%	-2.87%	-48.80%	-43.89%	-18.66%	-116.44%	-43.12%
Return on Assets (ROA)	2.50%	2.03%	12.18%	10.43%	-7.00%	-34.55%	-39.75%	-17.23%	-129.51%	-45.77%
Return on Common Equity (ROCE)	6.48%	0.89%	20.53%	19.11%	-4.70%	-68.10%	-59.52%	-28.41%	-202.71%	-76.80%
Return on Equity Simple (ROE_SIMPLE)	5.55%	0.00%	8.47%	12.04%	8.74%	0.00%	-11.67%	-24.29%	-173.14%	0.00%
Net Operating Profit after Tax (NOPAT)	35	-2.10	119	117	-12	-166	-122	-112	-760	-202
NOPAT Margin	4.24%	-0.24%	12.60%	11.79%	-1.61%	-52.62%	-59.49%	-42.25%	-291.18%	-118.53%
Net Nonoperating Expense Percent (NNEP)	-1.46%	2.83%	1.93%	0.29%	-5.55%	0.46%	-5.32%	-3.62%	-99.34%	-30.26%
Return On Investment Capital (ROIC_SIMPLE)	-	-0.08%	-	-	-	-5.47%	-	-	-	-15.16%
Cost of Revenue to Revenue	73.47%	70.69%	68.20%	67.99%	80.31%	117.85%	112.81%	104.13%	369.19%	180.66%
SG&A Expenses to Revenue	3.34%	3.37%	3.87%	3.65%	5.39%	10.96%	15.10%	14.70%	15.80%	21.30%
R&D to Revenue	8.33%	8.86%	8.46%	8.73%	11.04%	23.73%	36.86%	26.10%	26.97%	36.45%
Operating Expenses to Revenue	16.44%	29.89%	16.52%	16.84%	22.00%	57.32%	72.17%	56.22%	146.77%	88.68%
Earnings before Interest and Taxes (EBIT)	92	-4.69	144	150	-25	-229	-174	-142	-1,084	-295
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	105	7.68	157	164	-9.82	-214	-159	-126	-1,067	-282
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.28	7.28	7.26	6.02	2.94	2.20	1.80	0.69	1.37	1.20
Price to Tangible Book Value (P/TBV)	6.79	7.45	7.41	6.23	3.04	2.28	1.86	0.72	1.47	1.31
Price to Revenue (P/Rev)	4.65	5.09	5.02	4.14	2.06	1.79	1.80	0.96	1.25	0.87
Price to Earnings (P/E)	113.05	168.84	85.74	49.96	33.67	154.90	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.88%	0.59%	1.17%	2.00%	2.97%	0.65%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	10.79	13.30	12.08	8.62	3.93	2.64	1.93	0.66	1.40	1.23
Enterprise Value to Revenue (EV/Rev)	4.31	4.75	4.72	3.90	1.83	1.57	1.66	0.84	1.20	0.78
Enterprise Value to EBITDA (EV/EBITDA)	41.40	66.29	50.31	32.94	20.34	48.18	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	51.25	85.28	59.99	37.45	24.52	117.26	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	79.30	168.17	93.04	54.40	38.00	272.05	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	1,247.92	472.70	79.34	396.42	91.24	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	298.21
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.30	0.29	0.27	0.25	0.25	0.26	0.28	0.30	0.71	1.03
Long-Term Debt to Equity	0.30	0.29	0.27	0.25	0.25	0.26	0.28	0.30	0.34	0.50
Financial Leverage	-0.45	-0.47	-0.46	-0.41	-0.39	-0.37	-0.29	-0.22	-0.26	-0.24
Leverage Ratio	1.99	2.06	1.88	1.86	1.88	1.93	1.89	1.87	2.17	2.35
Compound Leverage Factor	1.27	-22.42	2.18	1.90	1.88	1.81	1.96	1.88	2.17	2.40
Debt to Total Capital	23.31%	22.30%	21.01%	19.89%	20.10%	20.64%	21.90%	23.27%	41.39%	50.67%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	21.20%	25.95%
Long-Term Debt to Total Capital	23.31%	22.30%	21.01%	19.89%	20.10%	20.64%	21.90%	23.27%	20.20%	24.73%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	76.69%	77.70%	78.99%	80.11%	79.90%	79.36%	78.10%	76.73%	58.61%	49.33%
Debt to EBITDA	2.16	2.80	1.96	1.44	1.96	6.46	-2.87	-1.26	-0.43	-0.41
Net Debt to EBITDA	-3.28	-4.69	-3.21	-1.98	-2.63	-6.60	1.46	0.34	0.04	0.05
Long-Term Debt to EBITDA	2.16	2.80	1.96	1.44	1.96	6.46	-2.87	-1.26	-0.21	-0.20
Debt to NOPAT	4.15	7.10	3.63	2.38	3.67	36.49	-3.23	-1.55	-0.58	-0.57
Net Debt to NOPAT	-6.29	-11.89	-5.93	-3.27	-4.91	-37.25	1.65	0.42	0.05	0.07
Long-Term Debt to NOPAT	4.15	7.10	3.63	2.38	3.67	36.49	-3.23	-1.55	-0.28	-0.28
Altman Z-Score	5.76	6.08	6.53	6.02	3.70	2.82	2.54	1.62	-0.31	0.12
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.53	3.26	3.60	3.84	3.84	3.70	4.54	5.10	2.34	1.95
Quick Ratio	2.40	2.17	2.34	2.45	2.24	1.66	1.65	1.74	1.02	0.72
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-354	-363	-187	-497	-558	-823	-713	-388	-4.24	996
Operating Cash Flow to CapEx	16.74%	251.49%	20.67%	-193.96%	88.33%	-345.47%	-823.70%	-201.78%	-134.82%	100.64%
Free Cash Flow to Firm to Interest Expense	-10.68	0.00	0.00	0.00	0.00	0.00	-100.97	-448.03	0.00	0.00
Operating Cash Flow to Interest Expense	0.17	0.00	0.00	0.00	0.00	0.00	-30.72	-51.76	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-0.83	0.00	0.00	0.00	0.00	0.00	-34.45	-77.41	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.84	0.87	0.83	0.86	0.83	0.67	0.52	0.35	0.28	0.25
Accounts Receivable Turnover	4.61	4.57	4.13	4.03	4.12	3.90	3.26	2.09	1.78	2.30
Inventory Turnover	4.68	4.08	3.72	3.52	2.91	2.09	1.53	1.17	1.86	1.70
Fixed Asset Turnover	6.56	6.52	6.60	6.85	6.48	5.14	3.85	2.57	2.04	1.88
Accounts Payable Turnover	5.40	4.38	4.73	4.79	4.62	3.59	3.65	3.08	4.10	3.83
Days Sales Outstanding (DSO)	79.12	79.89	88.39	90.63	88.64	93.66	112.09	174.56	205.55	158.49
Days Inventory Outstanding (DIO)	77.96	89.36	98.01	103.60	125.46	174.47	237.83	310.75	195.73	214.38
Days Payable Outstanding (DPO)	67.60	83.40	77.18	76.25	79.08	101.69	100.13	118.60	89.10	95.40
Cash Conversion Cycle (CCC)	89.49	85.84	109.23	117.98	135.03	166.44	249.79	366.71	312.18	277.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,106	1,112	1,328	1,659	1,653	1,769	1,920	1,935	897	571
Invested Capital Turnover	3.04	3.34	2.89	2.71	2.57	2.07	1.38	0.84	0.82	0.77
Increase / (Decrease) in Invested Capital	390	361	306	614	546	657	592	275	-755	-1,198
Enterprise Value (EV)	11,931	14,788	16,043	14,299	6,487	4,677	3,712	1,276	1,253	701
Market Capitalization	12,877	15,833	17,066	15,160	7,325	5,318	4,032	1,447	1,313	788
Book Value per Share	$36.89	$38.94	$41.87	$44.73	$44.03	$42.45	$39.21	$36.76	$16.69	$11.36
Tangible Book Value per Share	$34.10	$38.02	$41.02	$43.20	$42.56	$41.08	$37.91	$35.21	$15.59	$10.36
Total Capital	2,676	2,801	2,976	3,146	3,117	3,039	2,869	2,745	1,632	1,335
Total Debt	624	624	625	626	627	627	628	639	676	676
Total Long-Term Debt	624	624	625	626	627	627	628	639	330	330
Net Debt	-946	-1,045	-1,023	-861	-838	-640	-321	-171	-59	-88
Capital Expenditures (CapEx)	33	44	38	46	46	40	26	22	47	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	876	986	1,203	1,500	1,458	1,551	1,650	1,637	881	618
Debt-free Net Working Capital (DFNWC)	1,757	2,010	2,342	2,551	2,487	2,411	2,330	2,326	1,560	1,340
Net Working Capital (NWC)	1,757	2,010	2,342	2,551	2,487	2,411	2,330	2,326	1,214	993
Net Nonoperating Expense (NNE)	11	-23	-19	-2.63	49	-3.92	36	19	446	111
Net Nonoperating Obligations (NNO)	-946	-1,064	-1,023	-861	-838	-643	-321	-171	-59	-88
Total Depreciation and Amortization (D&A)	13	12	13	13	15	15	15	15	17	13
Debt-free, Cash-free Net Working Capital to Revenue	31.62%	31.69%	35.40%	40.97%	41.07%	52.11%	73.74%	108.30%	84.21%	68.59%
Debt-free Net Working Capital to Revenue	63.41%	64.62%	68.90%	69.66%	70.03%	81.00%	104.16%	153.95%	149.05%	148.60%
Net Working Capital to Revenue	63.41%	64.62%	68.90%	69.66%	70.03%	81.00%	104.16%	153.95%	116.01%	110.18%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.44	$0.37	$2.46	$2.12	($1.08)	($2.89)	($2.75)	($2.31)	($21.13)	($5.45)
Adjusted Weighted Average Basic Shares Outstanding	55.73M	55.09M	56.22M	56.42M	56.67M	56.56M	57.14M	56.69M	57.03M	57.08M
Adjusted Diluted Earnings per Share	$0.43	$0.36	$2.35	$2.03	($1.08)	($2.70)	($2.75)	($2.31)	($21.13)	($5.45)
Adjusted Weighted Average Diluted Shares Outstanding	58.75M	58.10M	59.19M	59.18M	56.67M	57.24M	57.14M	56.69M	57.03M	57.08M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	55.89M	56.15M	56.34M	56.56M	56.81M	57.13M	57.30M	57.30M	57.95M	58.78M
Normalized Net Operating Profit after Tax (NOPAT)	59	-3.61	119	117	-12	-166	-122	-112	-760	-202
Normalized NOPAT Margin	7.06%	-0.41%	12.60%	11.79%	-1.61%	-52.62%	-59.49%	-42.25%	-291.18%	-118.53%
Pre Tax Income Margin	7.04%	5.74%	17.77%	15.51%	-3.46%	-68.10%	-88.44%	-53.69%	-415.34%	-176.52%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.78	0.00	0.00	0.00	0.00	0.00	-24.59	-163.74	0.00	0.00
NOPAT to Interest Expense	1.07	0.00	0.00	0.00	0.00	0.00	-17.21	-129.63	0.00	0.00
EBIT Less CapEx to Interest Expense	1.78	0.00	0.00	0.00	0.00	0.00	-28.32	-189.39	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.07	0.00	0.00	0.00	0.00	0.00	-20.94	-155.28	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-17.61%

Frequently Asked Questions About SolarEdge Technologies' Financials

When does SolarEdge Technologies's fiscal year end?

According to the most recent income statement we have on file, SolarEdge Technologies' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has SolarEdge Technologies' net income changed over the last 10 years?

SolarEdge Technologies' net income appears to be on an upward trend, with a most recent value of -$1.81 billion in 2024, rising from -$21.38 million in 2014. The previous period was $34.33 million in 2023.

What is SolarEdge Technologies's operating income?

SolarEdge Technologies's total operating income in 2024 was -$1.71 billion, based on the following breakdown:

Total Gross Profit: -$877.20 million
Total Operating Expenses: $831.08 million

How has SolarEdge Technologies revenue changed over the last 10 years?

Over the last 10 years, SolarEdge Technologies' total revenue changed from $133.22 million in 2014 to $901.46 million in 2024, a change of 576.7%.

How much debt does SolarEdge Technologies have?

SolarEdge Technologies' total liabilities were at $1.97 billion at the end of 2024, a 9.4% decrease from 2023, and a 1,995.7% increase since 2014.

How much cash does SolarEdge Technologies have?

In the past 10 years, SolarEdge Technologies' cash and equivalents has ranged from $9.75 million in 2014 to $827.15 million in 2020, and is currently $274.61 million as of their latest financial filing in 2024.

How has SolarEdge Technologies' book value per share changed over the last 10 years?

Over the last 10 years, SolarEdge Technologies' book value per share changed from -48.34 in 2014 to 11.36 in 2024, a change of -123.5%.

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This page (NASDAQ:SEDG) was last updated on 4/15/2025 by MarketBeat.com Staff

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SolarEdge Technologies (SEDG) Financials

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