ADTRAN Holdings (ADTN) Asset Utilization Ratio (2010 - 2023)
ADTRAN Holdings' (ADTN) quarterly Asset Utilization Ratio came in at 0.42 in Q2 2023, down 59.36% year-on-year from 1.04 in Q2 2022, and down 59.36% on a QoQ basis from 1.04 in Q2 2022.
ADTRAN Holdings (ADTN) Asset Utilization Ratio (2010 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has 14 years of Asset Utilization Ratio data on file, last reported at 0.42 in Q2 2023.
- On a quarterly basis, Asset Utilization Ratio fell 59.36% year-over-year to 0.42 in Q2 2023; TTM through Jun 2023 was 0.42, a 59.36% decrease from a year earlier, with the FY2022 full-year figure at 0.82, down 20.64% from the prior year.
- Asset Utilization Ratio for Q2 2023 stood at 0.42, down from 1.04 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for ADTN reached as high as 1.04 in Q2 2022 and fell as low as 0.42 in Q2 2023.
- Historically, Asset Utilization Ratio has averaged 0.92 across 5 years, with a median of 0.96 in 2020.
- Across the five-year window, Asset Utilization Ratio climbed 13.67% in 2019 and plunged 59.36% in 2023, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.94 in 2019, then rose by 1.69% to 0.96 in 2020, then climbed by 4.27% to 1.0 in 2021, then climbed by 4.15% to 1.04 in 2022, then plunged by 59.36% to 0.42 in 2023.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.42 in Q2 2023, 1.04 in Q2 2022, and 1.02 in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 0.49 |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 0.62 |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 0.47 |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 0.87 |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 0.42 |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | - |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 1.86 |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 0.79 |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 0.02 |
| 10 | ADTRAN Holdings | 764.66 Mn | 676.39 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 0.42 |
| Jun 30, 2022 | 1.04 |
| Mar 31, 2022 | 1.02 |
| Dec 31, 2021 | 1.00 |
| Sep 30, 2021 | 0.97 |
| Jun 30, 2021 | 0.99 |
| Mar 31, 2021 | 0.98 |
| Dec 31, 2020 | 0.96 |
| Sep 30, 2020 | 0.93 |
| Jun 30, 2020 | 0.93 |
| Mar 31, 2020 | 0.96 |
| Dec 31, 2019 | 0.94 |
| Sep 30, 2019 | 0.91 |
| Jun 30, 2019 | 0.91 |
| Mar 31, 2019 | 0.88 |
| Dec 31, 2018 | 0.83 |
| Sep 30, 2018 | 0.80 |
| Jun 30, 2018 | 0.87 |
| Mar 31, 2018 | 0.94 |
| Dec 31, 2017 | 0.98 |