SolarEdge Technologies Inc. | Small-cap | Technology
$19.09
0.85%
| SolarEdge Stock Comparison:
SolarEdge vs First SolarSolarEdge vs NextrackerSolarEdge vs SunrunSolarEdge vs Array TechnologiesSolarEdge vs Shoals TechnologiesSolarEdge vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 901.5M
Gross Profit -877.2M -97.31%
Operating Income -1.5B -163.78%
Net Income -1.8B -200.38%
EPS (Diluted) -$31.64

Balance Sheet Metrics

Total Assets 2.6B
Total Liabilities 2.0B
Shareholders Equity 658.3M
Debt to Equity 3.00

Cash Flow Metrics

Operating Cash Flow -1.3B
Free Cash Flow -431.5M

Revenue & Profitability Trend

SolarEdge Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 901.5M 3.0B 3.1B 2.0B 1.5B
Cost of Goods Sold 1.8B 2.3B 2.3B 1.3B 997.9M
Gross Profit -877.2M 703.8M 844.6M 629.3M 461.4M
Operating Expenses 581.6M 632.3M 678.5M 422.2M 318.8M
Operating Income -1.5B 71.5M 282.7M 208.5M 142.6M
Pre-tax Income -1.7B 81.1M 177.2M 187.2M 163.7M
Income Tax 96.2M 46.4M 83.4M 18.1M 23.3M
Net Income -1.8B 34.3M 93.8M 169.2M 140.3M
EPS (Diluted) -$31.64 $0.60 $1.65 $3.06 $2.66

Income Statement Trend

SolarEdge Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 2.0B 3.3B 2.9B 1.7B 1.7B
Non-Current Assets 595.9M 1.3B 1.4B 1.2B 717.8M
Total Assets 2.6B 4.6B 4.3B 2.9B 2.4B
Liabilities
Current Liabilities 1.0B 893.2M 889.7M 525.2M 436.1M
Non-Current Liabilities 930.8M 1.3B 1.2B 1.1B 915.3M
Total Liabilities 2.0B 2.2B 2.1B 1.6B 1.4B
Equity
Total Shareholders Equity 658.3M 2.4B 2.2B 1.3B 1.1B

Balance Sheet Composition

SolarEdge Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income -1.8B 34.3M 93.8M 169.2M 140.3M
Operating Cash Flow -1.3B -82.9M -157.3M 202.6M 202.6M
Investing Activities
Capital Expenditures -108.2M -170.5M -169.3M -149.3M -126.8M
Investing Cash Flow 426.3M -258.3M -417.0M -484.2M -236.6M
Financing Activities
Dividends Paid - - - - -
Financing Cash Flow -20.1M -12.0M 654.6M -15.2M 623.8M
Free Cash Flow -431.5M -361.2M -138.1M 64.9M 95.9M

Cash Flow Trend

SolarEdge Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 100.75
Forward P/E -6.56
Price to Book 1.58
Price to Sales 1.03
PEG Ratio -6.56

Profitability Ratios

Profit Margin -190.67%
Operating Margin -46.67%
Return on Equity -123.30%
Return on Assets -25.21%

Financial Health

Current Ratio 2.04
Debt to Equity 127.58
Beta 1.59

Per Share Data

EPS (TTM) -$30.59
Book Value per Share $10.19
Revenue per Share $15.99

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
sedg 948.2M 100.75 1.58 -123.30% -190.67% 127.58
First Solar 15.6B 12.32 1.90 16.77% 29.72% 7.70
Nextracker 8.4B 16.15 5.01 39.48% 17.21% 2.09
Sunrun 1.6B 21.07 0.62 -80.13% -129.97% 334.12
Array Technologies 1.1B 61.85 3.48 -49.11% -21.21% 215.17
Shoals Technologies 835.9M 45.45 1.50 3.43% 4.91% 25.36

Financial data is updated regularly. All figures are in the company's reporting currency.