Growth Metrics

Zeo Energy (ZEO) Equity Ratio (2021 - 2026)

Zeo Energy posted quarterly Equity Ratio of 0.24 for Q1 2026, up 149.83% year-on-year from 0.1 in Q1 2025, and up 158.82% on a QoQ basis from 0.09 in Q4 2025.

Zeo Energy (ZEO) has 6 years of Equity Ratio data on file, last reported at 0.24 in Q1 2026.

  • For the quarter ending Q1 2026, Equity Ratio rose 149.83% year-over-year to 0.24; the trailing twelve-month figure through Mar 2026 stood at 0.24 (up 149.83% YoY), and the FY2025 full-year result was 0.09, up 106.42% from the prior year.
  • Equity Ratio for Q1 2026 stood at 0.24, up from 0.09 in the prior quarter.
  • Across five years, Equity Ratio topped out at 1.06 in Q1 2023 and bottomed at 3.45 in Q1 2024.
  • The 5-year median for Equity Ratio is 0.04 (2022), against an average of 0.27.
  • The widest annual swing landed in 2023, when Equity Ratio jumped 2527.95%; it then tumbled 427.37% in 2024.
  • A 5-year view of Equity Ratio shows it stood at 0.11 in 2022, then surged by 482.65% to 0.64 in 2023, then sank by 328.97% to 1.46 in 2024, then surged by 106.42% to 0.09 in 2025, then surged by 158.82% to 0.24 in 2026.
  • The last three Equity Ratio figures came in at 0.24 (Q1 2026), 0.09 (Q4 2025), and 0.03 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 0.74
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 0.57
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 0.26
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 0.40
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn 0.18
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn 0.15
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 0.58
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -0.15
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn 0.22
10 Zeo Energy 30.53 Mn 45.82 Mn 10.17 Mn 0.24

Historic Data

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DateValue
Mar 31, 2026 0.24
Dec 31, 2025 0.09
Sep 30, 2025 -0.03
Jun 30, 2025 -1.29
Mar 31, 2025 -0.49
Dec 31, 2024 -1.46
Sep 30, 2024 -0.84
Jun 30, 2024 -1.12
Mar 31, 2024 -3.45
Dec 31, 2023 0.64
Sep 30, 2023 1.05
Jun 30, 2023 1.05
Mar 31, 2023 1.06
Dec 31, 2022 0.11
Sep 30, 2022 -0.04
Jun 30, 2022 -0.05
Mar 31, 2022 -0.06
Dec 31, 2021 -0.08