Growth Metrics

Zeo Energy (ZEO) Return on Capital Employed (2022 - 2026)

Zeo Energy posted quarterly Return on Capital Employed of 26.42% for Q1 2026, up 2363.0% year-on-year from 1.07% in Q1 2025, and up 36.54% on a QoQ basis from 41.63% in Q4 2025.

Zeo Energy (ZEO) has 5 years of Return on Capital Employed data on file, last reported at 26.42% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed rose 2363.0% year-over-year to 26.42%; the trailing twelve-month figure through Mar 2026 stood at 26.42% (up 2363.0% YoY), and the FY2025 full-year result was 40.61%, down 1330.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 26.42%, up from 41.63% in the prior quarter.
  • Across five years, Return on Capital Employed topped out at 20.95% in Q3 2023 and bottomed at 62.7% in Q2 2025.
  • The 5-year median for Return on Capital Employed is 18.26% (2024), against an average of 18.04%.
  • The widest annual swing landed in 2025, when Return on Capital Employed sank 5259 bps; it then surged 2363 bps in 2026.
  • A 5-year view of Return on Capital Employed shows it stood at 1.0% in 2022, then jumped by 2168 bps to 20.68% in 2023, then plunged by 234 bps to 27.66% in 2024, then plunged by 51 bps to 41.63% in 2025, then surged by 37 bps to 26.42% in 2026.
  • The last three Return on Capital Employed figures came in at 26.42% (Q1 2026), 41.63% (Q4 2025), and 46.94% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 First Solar 26.65 Bn 24.22 Bn 486.13 Mn 15.46%
2 Nextpower 17.99 Bn 16.90 Bn 297.38 Mn 25.15%
3 Canadian Solar 15.11 Bn 15.69 Bn 124.40 Mn 2.48%
4 Enphase Energy 8.19 Bn 7.26 Bn 100.39 Mn 3.64%
5 Solaredge Technologies 3.80 Bn 3.25 Bn 68.28 Mn -23.29%
6 Sunrun 3.38 Bn 4.27 Bn 543.70 Mn -0.26%
7 Shoals Technologies 1.60 Bn 1.60 Bn 41.01 Mn 7.88%
8 Array Technologies 1.25 Bn 1.05 Bn 63.00 Mn -4.58%
9 JinkoSolar Holding 677.44 Mn 2.29 Bn 147.66 Mn -0.08%
10 Zeo Energy 30.53 Mn 45.82 Mn 10.17 Mn -26.42%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -26.42%
Dec 31, 2025 -41.63%
Sep 30, 2025 -46.94%
Jun 30, 2025 -62.70%
Mar 31, 2025 -50.05%
Dec 31, 2024 -27.66%
Sep 30, 2024 -29.74%
Jun 30, 2024 -10.10%
Mar 31, 2024 -1.41%
Dec 31, 2023 20.68%
Sep 30, 2023 20.95%
Jun 30, 2023 3.66%
Mar 31, 2023 -0.21%
Dec 31, 2022 -1.00%