SolarMax Technology (SMXT) FCF Margin (2023 - 2026)
SolarMax Technology (SMXT) recorded FCF Margin of -9.46% in Q2 2026, down 12.67 percentage points from 3.21% a year earlier but up 18.77 percentage points from the prior quarter.
SolarMax Technology (SMXT) FCF Margin (2023 - 2026) Analysis & Trends
On a TTM basis, SolarMax Technology's FCF Margin came in at -4.18% as of Jun 30, 2026, up 1.42 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.
- Quarterly FCF Margin has ranged from -111.04% in Q1 2024 to 36.59% in Q4 2023 over the past five years.
- On a year-over-year basis, FCF Margin rose in four of the last eight quarters, with an average year-over-year change of +8.99 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 -28.23% (Q1 2026), -5.41% (Q4 2025) and 11.10% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 82.21 Bn | 80.29 Bn | 1.55 Bn | 9.05% |
| 2 | Ferrovial | 35.56 Bn | 13.81 Bn | - | - |
| 3 | Emcor | 29.20 Bn | 25.60 Bn | 1.02 Bn | 5.01% |
| 4 | Jacobs Solutions | 17.15 Bn | 11.82 Bn | 810.70 Mn | 10.57% |
| 5 | Mastec | 13.35 Bn | 12.14 Bn | 556.28 Mn | -1.60% |
| 6 | Sterling Infrastructure | 11.34 Bn | 9.66 Bn | 289.96 Mn | 9.62% |
| 7 | IES Holdings | 8.78 Bn | 7.64 Bn | 340.66 Mn | 5.13% |
| 8 | Stantec | 8.26 Bn | 7.18 Bn | 1.36 Bn | 3.73% |
| 9 | Aecom | 7.79 Bn | 2.91 Bn | -34.04 Mn | 1.53% |
| 10 | SolarMax Technology | 21.72 Mn | 1.57 Mn | 2.41 Mn | -9.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.46% |
| 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% |
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_KEY
import 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();