Growth Metrics

Zeo Energy (ZEO) Debt to Equity (2023 - 2026)

Zeo Energy posted quarterly Debt to Equity of $0.45 for Q1 2026, up 1553.88% year-on-year from $0.03 in Q1 2025, and down 20.55% on a QoQ basis from $0.57 in Q4 2025.

Zeo Energy (ZEO) has 4 years of Debt to Equity data on file, last reported at $0.45 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 1553.88% year-over-year to $0.45; the trailing twelve-month figure through Mar 2026 stood at $0.45 (up 1553.88% YoY), and the FY2025 full-year result was $0.57, up 6502.98% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.45, down from $0.57 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.57 in Q4 2025 and bottomed at -$0.05 in Q3 2025.
  • The 4-year median for Debt to Equity is -$0.01 (2024), against an average of $0.09.
  • Peak annual rise in Debt to Equity reached 6502.98% in 2025, while the deepest fall reached 411.69% in 2025.
  • A 4-year view of Debt to Equity shows it stood at $0.04 in 2023, then tumbled by 124.22% to -$0.01 in 2024, then surged by 6502.98% to $0.57 in 2025, then retreated by 20.55% to $0.45 in 2026.
  • The last three Debt to Equity figures came in at $0.45 (Q1 2026), $0.57 (Q4 2025), and -$0.05 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.04
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn -
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 1.36
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.52
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.13
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.30
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -3.11
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.71
10 Zeo Energy 30.53 Mn 45.82 Mn 10.17 Mn 0.45

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 0.45
Dec 31, 2025 1.88
Sep 30, 2025 -0.05
Jun 30, 2025 -0.01
Mar 31, 2025 -0.03
Dec 31, 2024 -0.04
Sep 30, 2024 -0.02
Jun 30, 2024 -0.02
Mar 31, 2024 -0.01
Dec 31, 2023 0.04