Stem (STEM) FCF Margin (2020 - 2026)
Stem (STEM) recorded quarterly FCF Margin of 28.62% in Q1 2026, down 284.12% quarter-over-quarter from 15.54% in Q4 2025, and down 5485.0% on a YoY basis from 0.53% in Q1 2025.
Stem (STEM) FCF Margin (2020 - 2026) Analysis & Trends
Stem's FCF Margin history runs 7 years deep, the most recent figure standing at 28.62% for Q1 2026.
- In Q1 2026, FCF Margin fell 5485.0% year-over-year to 28.62%; the TTM figure through Mar 2026 stood at 10.82% (up 729.0% YoY), while the FY2025 annual figure was 0.19%, up 2569.0% from the prior year.
- FCF Margin was 28.62% for Q1 2026 at Stem, down from 15.54% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 26.23% in Q1 2025 to a low of 178.19% in Q2 2023.
- Historically, FCF Margin has averaged 30.25% across 5 years, with a median of 24.06% in 2022.
- The sharpest annual moves came in 2022 and 2023: FCF Margin surged 21824 bps in 2022, then tumbled 16845 bps in 2023.
- A 5-year view of FCF Margin shows it stood at 24.06% in 2022, then jumped by 61 bps to 9.46% in 2023, then slipped by 15 bps to 10.85% in 2024, then soared by 243 bps to 15.54% in 2025, then sank by 284 bps to 28.62% in 2026.
- The last three FCF Margin figures came in at 28.62% (Q1 2026), 15.54% (Q4 2025), and 15.06% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 186.46 Bn | 183.75 Bn | 1.44 Bn | 27.36% |
| 2 | Enlight Renewable Energy | 11.26 Bn | 10.73 Bn | 85.64 Mn | 582.58% |
| 3 | Ormat Technologies | 8.50 Bn | 8.35 Bn | 78.83 Mn | -14.51% |
| 4 | Fluence Energy | 3.04 Bn | 2.71 Bn | 46.63 Mn | -26.48% |
| 5 | Clearway Energy | 1.39 Bn | 4.74 Bn | 220.00 Mn | 92.09% |
| 6 | XPLR Infrastructure | 1.09 Bn | 8.62 Bn | 141.00 Mn | -10.91% |
| 7 | Energy Vault Holdings | 940.11 Mn | 894.68 Mn | 4.79 Mn | -278.14% |
| 8 | Ellomay Capital | 694.29 Mn | 616.52 Mn | 1,508.00 | 0.32% |
| 9 | ReNew Energy Global | 317.68 Mn | 100.91 Mn | 275.78 Mn | 62.88% |
| 10 | Stem | 65.58 Mn | 29.38 Mn | 10.86 Mn | -28.62% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.62% |
| Dec 31, 2025 | 15.54% |
| Sep 30, 2025 | 15.06% |
| Jun 30, 2025 | -55.56% |
| Mar 31, 2025 | 26.23% |
| Dec 31, 2024 | -10.85% |
| Sep 30, 2024 | -39.92% |
| Jun 30, 2024 | -53.66% |
| Mar 31, 2024 | -3.42% |
| Dec 31, 2023 | -9.46% |
| Sep 30, 2023 | -3.08% |
| Jun 30, 2023 | -178.19% |
| Mar 31, 2023 | -53.27% |
| Dec 31, 2022 | -24.06% |
| Sep 30, 2022 | -37.68% |
| Jun 30, 2022 | -9.73% |
| Mar 31, 2022 | -63.55% |
| Dec 31, 2021 | -66.93% |
| Sep 30, 2021 | -55.50% |
| Jun 30, 2021 | -227.98% |