Stem (STEM) FCF Margin (2020 - 2026)
Stem (STEM) posted quarterly FCF Margin of 28.62% for Q1 2026, down 5485.0% year-over-year from 0.53% in Q1 2025, and down 263.33% quarter-over-quarter from 17.52% in Q4 2025.
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Analysis
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 6.53% (up 1163.0% YoY), while the FY2025 annual figure was 4.39%, up 2993.0% from the prior year.
- FCF Margin for Q1 2026 stood at 28.62%, down from 17.52% in the prior quarter.
- The five-year high for FCF Margin was 41.65% in Q3 2025, with the low at 179.06% in Q2 2023.
- The 5-year median for FCF Margin is 26.43% (2024), against an average of 28.28%.
- The sharpest annual moves came in 2022 and 2023: FCF Margin surged 19214 bps in 2022, then slumped 16917 bps in 2023.
- Stem's FCF Margin stood at 25.43% in 2022, then soared by 92 bps to 1.93% in 2023, then slumped by 1266 bps to 26.43% in 2024, then jumped by 166 bps to 17.52% in 2025, then plunged by 263 bps to 28.62% in 2026.
- Business Quant data shows STEM's FCF Margin at 28.62% in Q1 2026, 17.52% in Q4 2025, and 41.65% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | AXIA Energia | 30.72 Bn | 28.40 Bn | 2.59 Bn | 38.85% |
| 2 | Enlight Renewable Energy | 9.46 Bn | 8.16 Bn | 117.49 Mn | 486.73% |
| 3 | Ormat Technologies | 6.42 Bn | 5.77 Bn | 68.70 Mn | - |
| 4 | Brookfield Renewable Partners | 4.65 Bn | 2.41 Bn | 927.00 Mn | 108.30% |
| 5 | Clearway Energy | 3.45 Bn | 3.11 Bn | 332.00 Mn | 27.03% |
| 6 | ReNew Energy Global | 2.48 Bn | 2.09 Bn | - | - |
| 7 | Fluence Energy | 1.46 Bn | 894.31 Mn | 33.24 Mn | -7.07% |
| 8 | XPLR Infrastructure | 1.12 Bn | 1.12 Bn | 219.00 Mn | 108.82% |
| 9 | Energy Vault Holdings | 621.58 Mn | 514.23 Mn | 5.38 Mn | -228.64% |
| 10 | Stem | 50.02 Mn | 11.60 Mn | 13.89 Mn | -2.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.65% |
| Mar 31, 2026 | -33.32% |
| Dec 31, 2025 | 15.64% |
| Sep 30, 2025 | 26.92% |
| Jun 30, 2025 | -58.17% |
| Mar 31, 2025 | 15.23% |
| Dec 31, 2024 | -30.66% |
| Sep 30, 2024 | -39.92% |
| Jun 30, 2024 | -44.21% |
| Mar 31, 2024 | -16.04% |
| Dec 31, 2023 | -3.65% |
| Sep 30, 2023 | -5.04% |
| Jun 30, 2023 | -182.08% |
| Mar 31, 2023 | -58.44% |
| Dec 31, 2022 | -26.70% |
| Sep 30, 2022 | -40.77% |
| Jun 30, 2022 | -16.69% |
| Mar 31, 2022 | -71.90% |
| Dec 31, 2021 | -60.71% |
| Sep 30, 2021 | -69.68% |