Growth Metrics

Zeo Energy (ZEO) Debt Ratio (2023 - 2026)

Zeo Energy posted quarterly Debt Ratio of 0.11 for Q1 2026, up 624.4% year-on-year from 0.02 in Q1 2025, and up 105.64% on a QoQ basis from 0.05 in Q4 2025.

Zeo Energy (ZEO) has 4 years of Debt Ratio data on file, last reported at 0.11 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 624.4% year-over-year to 0.11; the trailing twelve-month figure through Mar 2026 stood at 0.11 (up 624.4% YoY), and the FY2025 full-year result was 0.05, up 311.16% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.11, up from 0.05 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.11 in Q1 2026 and bottomed at 0.0 in Q3 2025.
  • The 4-year median for Debt Ratio is 0.02 (2024), against an average of 0.03.
  • The widest annual swing landed in 2025, when Debt Ratio tumbled 92.07%; it then jumped 624.4% in 2026.
  • A 4-year view of Debt Ratio shows it stood at 0.02 in 2023, then slumped by 44.55% to 0.01 in 2024, then jumped by 311.16% to 0.05 in 2025, then jumped by 105.64% to 0.11 in 2026.
  • The last three Debt Ratio figures came in at 0.11 (Q1 2026), 0.05 (Q4 2025), and 0.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.03
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.35
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.21
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.02
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.18
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn 0.45
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.15
10 Zeo Energy 30.53 Mn 45.82 Mn 10.17 Mn 0.11

Historic Data

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DateValue
Mar 31, 2026 0.11
Dec 31, 2025 0.18
Sep 30, 2025 0.00
Jun 30, 2025 0.01
Mar 31, 2025 0.02
Dec 31, 2024 0.06
Sep 30, 2024 0.02
Jun 30, 2024 0.02
Mar 31, 2024 0.02
Dec 31, 2023 0.02