Zeo Energy (ZEO) FCF Margin (2023 - 2026)
Zeo Energy posted quarterly FCF Margin of 8.03% for Q1 2026, up 2198.0% year-on-year from 0.35% in Q1 2025, and down 166.02% on a QoQ basis from 12.16% in Q4 2025.
Zeo Energy (ZEO) has 4 years of FCF Margin data on file, last reported at 8.03% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 2198.0% year-over-year to 8.03%; the trailing twelve-month figure through Mar 2026 stood at 11.32% (down 914.0% YoY), and the FY2025 full-year result was 14.31%, down 190.0% from the prior year.
- FCF Margin for Q1 2026 stood at 8.03%, down from 12.16% in the prior quarter.
- Across five years, FCF Margin topped out at 23.66% in Q4 2023 and bottomed at 51.52% in Q1 2024.
- The 4-year median for FCF Margin is 1.06% (2024), against an average of 5.77%.
- The widest annual swing landed in 2024, when FCF Margin sank 5924 bps; it then jumped 2198 bps in 2026.
- A 4-year view of FCF Margin shows it stood at 23.66% in 2023, then fell by 23 bps to 18.17% in 2024, then slumped by 33 bps to 12.16% in 2025, then tumbled by 166 bps to 8.03% in 2026.
- The last three FCF Margin figures came in at 8.03% (Q1 2026), 12.16% (Q4 2025), and 28.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 14.00% |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 16.54% |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 32.11% |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | -0.56% |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 1.41% |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | -29.72% |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | -16.53% |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | Zeo Energy | 30.53 Mn | 45.82 Mn | 10.17 Mn | -8.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.03% |
| Dec 31, 2025 | 12.16% |
| Sep 30, 2025 | -28.55% |
| Jun 30, 2025 | -15.03% |
| Mar 31, 2025 | -30.01% |
| Dec 31, 2024 | 18.17% |
| Sep 30, 2024 | 1.06% |
| Jun 30, 2024 | -15.57% |
| Mar 31, 2024 | -51.52% |
| Dec 31, 2023 | 23.66% |
| Sep 30, 2023 | 9.67% |
| Jun 30, 2023 | 1.31% |
| Mar 31, 2023 | 7.72% |