Enlight Renewable Energy vs Renew Energy Global
Renew Energy Global is the larger business, with $1.50bn of revenue in fiscal 2026 against $489m for Enlight Renewable Energy (3.1 times as much). Renew Energy Global grew faster (30.4% against 29.3%). Enlight Renewable Energy kept more of each dollar of sales as profit: a net margin of 27.0% against 7.4%. Enlight Renewable Energy carries less debt relative to equity (104.7% against 610.0%).
| Latest fiscal year | Enlight Renewable EnergyENLT, 2025 | Renew Energy GlobalRNW, 2026 |
|---|---|---|
| Revenue | $489m | $1.50bn |
| Revenue growth | 29.3% | 30.4% |
| Net income | $132m | $111m |
| Operating margin | 68.0% | 10.6% |
| Net margin | 27.0% | 7.4% |
| Return on equity | 9.2% | 8.4% |
| Free cash flow | −$1.53bn | — |
| Cash | $528m | $243m |
| Total debt | $1.77bn | $8.18bn |
| Debt to equity | 104.7% | 610.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $8.61bn | $2.51bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 39 sales | 0 buys, 0 sales |