Argo Blockchain (ARBK) Asset Utilization Ratio (2022 - 2025)
Argo Blockchain's (ARBK) quarterly Asset Utilization Ratio came in at 6.29 in Q2 2025, up 212.96% year-over-year from 2.01 in Q2 2024, and up 68.44% quarter-over-quarter from 3.73 in Q3 2024.
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Argo Blockchain (ARBK) Asset Utilization Ratio (2022 - 2025) Analysis & Trends
Argo Blockchain has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 6.29 for Q2 2025.
- In Q2 2025, Asset Utilization Ratio rose 212.96% year-over-year to 6.29; the TTM figure through Jun 2025 stood at 6.29 (up 212.96% YoY), while the FY2025 annual figure was 0.98, down 45.42% from the prior year.
- Asset Utilization Ratio came in at 6.29 for Q2 2025 at Argo Blockchain, up from 3.73 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 6.29 in Q2 2025 to a low of 0.28 in Q2 2022.
- Average Asset Utilization Ratio over 4 years is 1.91, with a median of 1.15 recorded in 2023.
- Year-over-year, Asset Utilization Ratio surged 308.67% in 2023 and advanced 2.56% in 2024.
- Over 4 years, Asset Utilization Ratio stood at 0.28 in 2022, then jumped by 289.25% to 1.1 in 2023, then soared by 240.89% to 3.73 in 2024, then soared by 68.44% to 6.29 in 2025.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 6.29 in Q2 2025, 3.73 in Q3 2024, and 2.01 in Q2 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bitmine Immersion Technologies | 57.18 Bn | 56.84 Bn | 40.81 Mn | 0.01 |
| 2 | Iren | 33.35 Bn | 25.78 Bn | 103.89 Mn | 0.06 |
| 3 | Hut 8 | 12.15 Bn | 5.67 Bn | 48.04 Mn | 0.05 |
| 4 | Riot Platforms | 8.12 Bn | 7.57 Bn | 84.97 Mn | 0.20 |
| 5 | Argo Blockchain | 6.30 Bn | 6.30 Bn | - | - |
| 6 | MARA Holdings | 4.58 Bn | 4.22 Bn | - | 0.17 |
| 7 | Cleanspark | 3.51 Bn | 3.30 Bn | - | - |
| 8 | Bitdeer Technologies | 2.82 Bn | 2.36 Bn | -8.53 Mn | 0.25 |
| 9 | Keel Infrastructure | 2.20 Bn | 2.20 Bn | -86.75 Mn | 0.17 |
| 10 | HIVE Digital Technologies | 831.06 Mn | 592.03 Mn | -29.49 Mn | 0.42 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2025 | 6.29 |
| Sep 30, 2024 | 3.73 |
| Jun 30, 2024 | 2.01 |
| Mar 31, 2024 | 1.18 |
| Sep 30, 2023 | 1.10 |
| Jun 30, 2023 | 1.15 |
| Mar 31, 2023 | 1.15 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.30 |