SolarMax Technology (SMXT) FCF Margin (2023 - 2026)
SolarMax Technology (SMXT) recorded FCF Margin of -28.23% in Q1 2026, down 19.56 percentage points from -8.68% a year earlier and down 22.82 percentage points from the prior quarter.
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Analysis
SolarMax Technology (SMXT) FCF Margin (2023 - 2026) Analysis & Trends
On a TTM basis, SolarMax Technology's FCF Margin came in at -3.12% as of Mar 31, 2026, up 10.67 percentage points year-over-year; for FY2025, it came in at 0.55%, up 40.27 percentage points from FY2024.
- Annual FCF Margin has a three-year change of +5.14 percentage points (FY2022 to FY2025).
- Across earlier years, FCF Margin came in at -39.72% in FY2024 (-47.22 pp), 7.51% in FY2023 (+12.10 pp) and -4.60% in FY2022.
- The Q1 2026 figure is the lowest quarterly FCF Margin since Q2 2024.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +9.19 percentage points.
- Peak year-over-year performance for FCF Margin in the last five years was a gain of 102.36 percentage points in Q1 2025, against a drop of 129.41 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at -5.41% (Q4 2025), 11.10% (Q3 2025) and 3.21% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 96.54 Bn | 94.73 Bn | 1.55 Bn | 9.05% |
| 2 | Ferrovial | 38.99 Bn | 19.58 Bn | - | - |
| 3 | Emcor | 33.36 Bn | 29.75 Bn | 1.02 Bn | 5.01% |
| 4 | Mastec | 17.15 Bn | 16.06 Bn | 556.28 Mn | -1.60% |
| 5 | Jacobs Solutions | 15.84 Bn | 10.49 Bn | 810.70 Mn | 10.57% |
| 6 | Sterling Infrastructure | 15.09 Bn | 13.45 Bn | 289.96 Mn | 9.62% |
| 7 | IES Holdings | 12.79 Bn | 11.66 Bn | 340.66 Mn | 5.13% |
| 8 | Dycom Industries | 8.06 Bn | 7.19 Bn | - | - |
| 9 | Stantec | 7.69 Bn | 7.69 Bn | - | 4.61% |
| 10 | SolarMax Technology | 11.10 Mn | -8.81 Mn | 3.05 Mn | -28.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -28.23% |
| Dec 31, 2025 | -5.41% |
| Sep 30, 2025 | 11.10% |
| Jun 30, 2025 | 3.21% |
| Mar 31, 2025 | -8.68% |
| Dec 31, 2024 | -20.37% |
| Sep 30, 2024 | 3.22% |
| Jun 30, 2024 | -36.41% |
| Mar 31, 2024 | -111.04% |
| Dec 31, 2023 | 36.59% |
| Sep 30, 2023 | 6.97% |
| Jun 30, 2023 | -25.40% |
| Mar 31, 2023 | 18.37% |
API Access
SolarMax Technology FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=SMXT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "SMXT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=SMXT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();