Powerfleet (AIOT) Asset Utilization Ratio (2019 - 2026)
Powerfleet's (AIOT) quarterly Asset Utilization Ratio came in at 0.47 in Q2 2026, little changed year-over-year from 0.47 in Q2 2025, and up 1.34% quarter-over-quarter from 0.46 in Q1 2026.
Analysis
Powerfleet (AIOT) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Powerfleet has disclosed Asset Utilization Ratio across 8 years of filings, most recently posting 0.47 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio changed 0.13% year-over-year to 0.47; the TTM figure through Jun 2026 stood at 0.47 (changed 0.13% YoY), while the FY2026 annual figure was 0.48, up 19.34% from the prior year.
- Asset Utilization Ratio came in at 0.47 for Q2 2026 at Powerfleet, up from 0.46 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.07 in Q4 2023 to a low of 0.46 in Q1 2026.
- Average Asset Utilization Ratio over 5 years is 0.6, with a median of 0.57 recorded in 2022.
- Year-over-year, Asset Utilization Ratio surged 72.28% in 2023 and slipped 27.32% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.62 in 2022, then surged by 72.28% to 1.07 in 2023, then plunged by 48.4% to 0.55 in 2024, then declined by 7.85% to 0.51 in 2025, then declined by 7.56% to 0.47 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.47 in Q2 2026, 0.46 in Q1 2026, and 0.51 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.05 Bn | 22.25 Bn | 361.14 Mn | 0.67 |
| 2 | Manhattan Associates | 12.23 Bn | 12.04 Bn | 168.33 Mn | 1.57 |
| 3 | Descartes Systems | 6.49 Bn | 6.11 Bn | 150.18 Mn | 27.30 |
| 4 | Sps Commerce | 2.89 Bn | 2.72 Bn | 138.79 Mn | 0.68 |
| 5 | Via Transportation | 2.17 Bn | 1.83 Bn | 55.61 Mn | 0.68 |
| 6 | Karooooo | 2.01 Bn | 1.91 Bn | 54.48 Mn | 1.11 |
| 7 | Ituran Location & Control | 1.03 Bn | 925.57 Mn | 53.35 Mn | 0.64 |
| 8 | Verra Mobility | 585.75 Mn | 530.95 Mn | 249.38 Mn | 0.62 |
| 9 | Powerfleet | 397.14 Mn | 364.32 Mn | 61.16 Mn | 0.47 |
| 10 | ReposiTrak | 142.32 Mn | 113.61 Mn | 5.00 Mn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47 |
| Mar 31, 2026 | 0.46 |
| Dec 31, 2025 | 0.51 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.47 |
| Sep 30, 2024 | 0.55 |
| Jun 30, 2024 | 0.55 |
| Dec 31, 2023 | 1.07 |
| Sep 30, 2023 | 0.76 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.61 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 0.62 |
| Jun 30, 2022 | 0.59 |
| Mar 31, 2022 | 0.57 |
| Dec 31, 2021 | 0.55 |
| Sep 30, 2021 | 0.53 |
| Jun 30, 2021 | 0.51 |
| Mar 31, 2021 | 0.50 |
| Dec 31, 2020 | 0.52 |