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
DateValue
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%