Growth Metrics

Zeo Energy (ZEO) Asset Utilization Ratio (2023 - 2026)

Zeo Energy posted quarterly Asset Utilization Ratio of 1.3 for Q1 2026, up 13.88% year-on-year from 1.14 in Q1 2025, and up 8.19% on a QoQ basis from 1.2 in Q4 2025.

Zeo Energy (ZEO) has 4 years of Asset Utilization Ratio data on file, last reported at 1.3 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 13.88% year-over-year to 1.3; the trailing twelve-month figure through Mar 2026 stood at 1.3 (up 13.88% YoY), and the FY2025 full-year result was 1.18, down 12.42% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.3, up from 1.2 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 2.72 in Q4 2023 and bottomed at 1.14 in Q1 2025.
  • The 4-year median for Asset Utilization Ratio is 1.37 (2024), against an average of 1.63.
  • The widest annual swing landed in 2024, when Asset Utilization Ratio tumbled 50.11%; it then climbed 13.88% in 2026.
  • A 4-year view of Asset Utilization Ratio shows it stood at 2.72 in 2023, then sank by 50.11% to 1.36 in 2024, then slipped by 11.35% to 1.2 in 2025, then grew by 8.19% to 1.3 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.3 (Q1 2026), 1.2 (Q4 2025), and 1.33 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.41
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 0.90
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.74
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.45
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 0.52
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.14
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.55
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 0.82
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.51
10 Zeo Energy 30.53 Mn 45.82 Mn 10.17 Mn 1.30

Historic Data

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DateValue
Mar 31, 2026 1.30
Dec 31, 2025 1.20
Sep 30, 2025 1.33
Jun 30, 2025 1.39
Mar 31, 2025 1.14
Dec 31, 2024 1.36
Sep 30, 2024 1.64
Jun 30, 2024 1.97
Mar 31, 2024 2.26
Dec 31, 2023 2.72