ADTRAN Holdings (ADTN) Asset Utilization Ratio (2010 - 2023)
ADTRAN Holdings (ADTN) posted quarterly Asset Utilization Ratio of 0.42 for Q2 2023, down 59.36% year-over-year from 1.04 in Q2 2022, and down 59.36% quarter-over-quarter from 1.04 in Q2 2022.
ADTRAN Holdings (ADTN) Asset Utilization Ratio (2010 - 2023) Analysis & Trends
ADTRAN Holdings (ADTN) has reported Asset Utilization Ratio for 14 consecutive years, with 0.42 the latest figure, recorded in Q2 2023.
- In Q2 2023, Asset Utilization Ratio fell 59.36% year-over-year to 0.42; the TTM figure through Jun 2023 stood at 0.42 (down 59.36% YoY), while the FY2022 annual figure was 0.82, down 20.64% from the prior year.
- Asset Utilization Ratio retreated to 0.42 in Q2 2023 per ADTN's latest filing, from 1.04 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.04 in Q2 2022 and bottomed at 0.42 in Q2 2023.
- Historically, Asset Utilization Ratio has averaged 0.92 across 5 years, with a median of 0.96 in 2020.
- Annual changes were most pronounced in 2019 — Asset Utilization Ratio increased 13.67% — and 2023, when it slumped 59.36%.
- ADTRAN Holdings' Asset Utilization Ratio stood at 0.94 in 2019, then grew by 1.69% to 0.96 in 2020, then gained by 4.27% to 1.0 in 2021, then gained by 4.15% to 1.04 in 2022, then plunged by 59.36% to 0.42 in 2023.
- Business Quant data shows ADTN's Asset Utilization Ratio at 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 | 440.02 Bn | 423.38 Bn | 10.08 Bn | 0.49 |
| 2 | Hewlett Packard Enterprise | 77.69 Bn | 72.40 Bn | 3.94 Bn | 0.50 |
| 3 | Motorola Solutions | 77.25 Bn | 76.56 Bn | 1.68 Bn | 0.64 |
| 4 | Lumentum Holdings | 66.40 Bn | 63.23 Bn | 357.00 Mn | 0.42 |
| 5 | Nokia | 61.84 Bn | 54.37 Bn | 10.09 Bn | - |
| 6 | Ciena | 60.71 Bn | 59.51 Bn | 691.55 Mn | 0.93 |
| 7 | Ubiquiti | 34.65 Bn | 34.28 Bn | 370.71 Mn | 1.86 |
| 8 | Ericsson Lm Telephone | 34.62 Bn | 28.92 Bn | 2.58 Bn | 0.78 |
| 9 | AST SpaceMobile | 27.62 Bn | 28.12 Bn | 9.12 Mn | 0.02 |
| 10 | ADTRAN Holdings | 682.04 Mn | 961.96 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 |