Growth Metrics

Axt (AXTI) Asset Utilization Ratio: 2009-2024

Historic Asset Utilization Ratio for Axt (AXTI) over the last 16 years, with FY2024 value amounting to 0.28.

  • Axt's Asset Utilization Ratio fell 32.78% to 0.07 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.07, marking a year-over-year decrease of 32.78%. This contributed to the annual value of 0.28 for FY2024, which is 3686.83% up from last year.
  • Per Axt's latest filing, its Asset Utilization Ratio stood at 0.28 for FY2024, which was up 3686.83% from 0.21 recorded in FY2023.
  • Axt's Asset Utilization Ratio's 5-year high stood at 0.44 during FY2021, with a 5-year trough of 0.21 in FY2023.
  • Moreover, its 5-year median value for Asset Utilization Ratio was 0.37 (2020), whereas its average is 0.34.
  • Per our database at Business Quant, Axt's Asset Utilization Ratio tumbled by 4822.5% in 2023 and then surged by 3686.83% in 2024.
  • Annual analysis of 5 years shows Axt's Asset Utilization Ratio stood at 0.37 in 2020, then grew by 19.18% to 0.44 in 2021, then dropped by 7.7% to 0.4 in 2022, then crashed by 48.22% to 0.21 in 2023, then surged by 36.87% to 0.28 in 2024.
  • Its Asset Utilization Ratio was 0.28 in FY2024, compared to 0.21 in FY2023 and 0.4 in FY2022.