Zeo Energy (ZEO) FCF Margin (2023 - 2026)
Zeo Energy (ZEO) posted FCF Margin of 8.03% for Q1 2026, down 167.0% on a QoQ basis from 11.98% in Q4 2025, and up 2198.0% year-over-year from 0.35% in Q1 2025.
Zeo Energy (ZEO) FCF Margin (2023 - 2026) Analysis & Trends
Zeo Energy's FCF Margin history runs 4 years deep, the most recent figure standing at 8.03% for Q1 2026.
- Quarterly FCF Margin rose 2198.0% year-over-year to 8.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.32% (down 914.0% YoY) and the FY2025 annual result came in at 14.31%, down 190.0% from the prior year.
- FCF Margin was 8.03% for Q1 2026 at Zeo Energy, down from 11.98% 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.
- A 4-year average of 5.77% and a median of 1.06% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2024 — FCF Margin slumped 5924 bps — and 2026, when it jumped 2198 bps.
- Zeo Energy's FCF Margin stood at 23.66% in 2023, then retreated by 23 bps to 18.17% in 2024, then slumped by 34 bps to 11.98% in 2025, then sank by 167 bps to 8.03% in 2026.
- Business Quant data shows ZEO's FCF Margin at 8.03% in Q1 2026, 11.98% in Q4 2025, and 28.42% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 14.00% |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 32.11% |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | - |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | -0.56% |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 1.41% |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | -34.93% |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 16.54% |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | -16.53% |
| 10 | Zeo Energy | 19.43 Mn | 17.27 Mn | 5.60 Mn | -8.03% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.03% |
| Dec 31, 2025 | 11.98% |
| Sep 30, 2025 | -28.42% |
| 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% |