Ballard Power Systems (BLDP) Asset Utilization Ratio (2010 - 2026)
Ballard Power Systems (BLDP) posted quarterly Asset Utilization Ratio of 0.14 for Q4 2025, up 64.49% year-over-year from 0.09 in Q4 2024, and up 14.33% quarter-over-quarter from 0.12 in Q3 2025.
Ballard Power Systems (BLDP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Asset Utilization Ratio for 16 consecutive years, with 0.14 the latest figure, recorded in Q4 2025.
- In Q4 2025, Asset Utilization Ratio rose 64.49% year-over-year to 0.14; the TTM figure through Dec 2025 stood at 0.14 (up 64.49% YoY), while the FY2025 annual figure was 0.14, up 81.08% from the prior year.
- Asset Utilization Ratio climbed to 0.14 in Q4 2025 per BLDP's latest filing, from 0.12 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.14 in Q4 2025 and bottomed at 0.05 in Q4 2021.
- Historically, Asset Utilization Ratio has averaged 0.08 across 5 years, with a median of 0.07 in 2021.
- Annual changes were most pronounced in 2021 — Asset Utilization Ratio plunged 79.05% — and 2024, when it soared 75.71%.
- Ballard Power Systems' Asset Utilization Ratio stood at 0.05 in 2021, then jumped by 37.22% to 0.06 in 2022, then soared by 43.78% to 0.09 in 2023, then dropped by 6.57% to 0.09 in 2024, then soared by 64.49% to 0.14 in 2025.
- Business Quant data shows BLDP's Asset Utilization Ratio at 0.14 in Q4 2025, 0.12 in Q3 2025, and 0.1 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 0.78 |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 0.60 |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.35 |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 0.61 |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 0.68 |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 1.00 |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 0.89 |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 0.95 |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 0.37 |
| 10 | Ballard Power Systems | 716.03 Mn | 210.88 Mn | 4.08 Mn | 0.16 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.16 |
| Dec 31, 2025 | 0.14 |
| Sep 30, 2025 | 0.12 |
| Jun 30, 2025 | 0.10 |
| Mar 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.10 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.06 |
| Dec 31, 2022 | 0.06 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.05 |
| Mar 31, 2022 | 0.05 |
| Dec 31, 2021 | 0.05 |
| Sep 30, 2021 | 0.07 |
| Jun 30, 2021 | 0.07 |