Zeo Energy (ZEO) FCF Margin (2023 - 2026)
Zeo Energy (ZEO) reported FCF Margin of 8.03% for Q1 2026, up 2198.0% on a YoY basis from 0.35% in Q1 2025, and down 166.02% quarter-over-quarter from 12.16% in Q4 2025.
Zeo Energy (ZEO) FCF Margin (2023 - 2026) Analysis & Trends
Zeo Energy has reported FCF Margin for 4 years, with the latest figure 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.
- The five-year high for FCF Margin was 23.66% in Q4 2023, with the low at 51.52% in Q1 2024.
- Historically, FCF Margin has averaged 5.77% across 4 years, with a median of 1.06% in 2024.
- Annual changes were most pronounced in 2024 — FCF Margin tumbled 5924 bps — and 2026, when it jumped 2198 bps.
- Zeo Energy's FCF Margin stood at 23.66% in 2023, then declined by 23 bps to 18.17% in 2024, then tumbled by 33 bps to 12.16% in 2025, then plunged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | -31.93% |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 14.00% |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 32.11% |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | -0.56% |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 1.41% |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | -29.72% |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | -16.53% |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -37.55% |
| 10 | Zeo Energy | 27.32 Mn | 42.61 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% |