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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |