Zeo Energy (ZEO) Operating Margin (2023 - 2026)
Zeo Energy (ZEO) recorded Operating Margin of -18.49% in Q2 2026, down 2.72 percentage points from -15.76% a year earlier but up 17.66 percentage points from the prior quarter.
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Analysis
Zeo Energy (ZEO) Operating Margin (2023 - 2026) Analysis & Trends
On a TTM basis, Zeo Energy's Operating Margin came in at -16.60% as of Jun 30, 2026, up 14.78 percentage points year-over-year; for FY2025, it was -29.61%, down 14.85 percentage points from FY2024.
- Across earlier years, Operating Margin came in at -14.75% in FY2024 (-19.44 pp) and 4.69% in FY2023.
- Quarterly Operating Margin has ranged from -153.82% in Q1 2025 to 10.56% in Q3 2023 over the past five years.
- On a year-over-year basis, Operating Margin rose in three of the last eight quarters, with an average year-over-year change of -5.16 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 117.68 percentage points in Q1 2026, against a drop of 133.72 percentage points in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -36.14% (Q1 2026), -11.78% (Q4 2025) and -8.29% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Quanta Services | 89.81 Bn | 87.89 Bn | 1.55 Bn | 7.27% |
| 2 | Ferrovial | 35.40 Bn | 13.65 Bn | - | - |
| 3 | Emcor | 31.21 Bn | 27.60 Bn | 1.02 Bn | 10.62% |
| 4 | Jacobs Solutions | 16.43 Bn | 11.10 Bn | 810.70 Mn | 7.03% |
| 5 | Mastec | 14.65 Bn | 13.43 Bn | 556.28 Mn | 5.17% |
| 6 | Sterling Infrastructure | 12.67 Bn | 10.99 Bn | 289.96 Mn | 18.77% |
| 7 | IES Holdings | 9.64 Bn | 8.50 Bn | 340.66 Mn | 14.37% |
| 8 | Stantec | 7.86 Bn | 6.79 Bn | 1.36 Bn | 12.58% |
| 9 | Aecom | 7.59 Bn | 2.71 Bn | -34.04 Mn | -2.12% |
| 10 | Zeo Energy | 9.44 Mn | -4.85 Mn | 7.62 Mn | -18.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18.49% |
| Mar 31, 2026 | -36.14% |
| Dec 31, 2025 | -11.78% |
| Sep 30, 2025 | -8.29% |
| Jun 30, 2025 | -15.76% |
| Mar 31, 2025 | -153.82% |
| Dec 31, 2024 | -5.96% |
| Sep 30, 2024 | -15.17% |
| Jun 30, 2024 | -18.00% |
| Mar 31, 2024 | -20.10% |
| Dec 31, 2023 | -5.91% |
| Sep 30, 2023 | 10.56% |
| Jun 30, 2023 | 2.89% |
| Mar 31, 2023 | 8.69% |
API Access
Zeo Energy Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ZEO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ZEO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ZEO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();