Ballard Power Systems BLDP
NASDAQ BLDP
$2.22 -0.13 (-5.72%)
As of: Sep 10, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) Asset Utilization Ratio (2010 - 2026)

Ballard Power Systems' (BLDP) quarterly Asset Utilization Ratio came in at 0.16 in Q2 2026, up 67.19% year-over-year from 0.1 in Q2 2025, and up 5.69% quarter-over-quarter from 0.15 in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Asset Utilization Ratio (2010 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Asset Utilization Ratio for 17 consecutive years, with 0.16 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 67.19% year-over-year to 0.16 in Q2 2026; TTM through Jun 2026 was 0.16, a 67.19% increase from a year earlier, with the FY2025 full-year figure at 0.14, up 81.08% from the prior year.
  • Asset Utilization Ratio was 0.16 for Q2 2026 at Ballard Power Systems, up from 0.15 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.16 in Q2 2026 and troughed at 0.05 in Q3 2022.
  • A 5-year average of 0.09 and a median of 0.09 in 2023 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio tumbled 36.52% in 2022 and surged 75.71% in 2024, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.06 in 2022, then jumped by 43.78% to 0.09 in 2023, then decreased by 6.57% to 0.09 in 2024, then jumped by 64.49% to 0.14 in 2025, then grew by 13.85% to 0.16 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.16 (Q2 2026), 0.15 (Q1 2026), and 0.14 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Bloom Energy 74.04 Bn 71.37 Bn 355.57 Mn 0.60
2 Fuelcell Energy 33.44 Bn 32.78 Bn -24.50 Mn 0.13
3 Ballard Power Systems 667.85 Mn 162.70 Mn 4.08 Mn 0.16
4 Sunhydrogen 89.43 Mn 89.43 Mn -45,724.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.16
Mar 31, 2026 0.15
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