Cerence (CRNC) Asset Utilization Ratio (2019 - 2026)
Cerence (CRNC) reported Asset Utilization Ratio of 0.5 for Q1 2026, up 25.08% on a YoY basis from 0.4 in Q1 2025, and down 3.3% quarter-over-quarter from 0.51 in Q4 2025.
Cerence (CRNC) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Cerence has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.5 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 25.08% year-over-year to 0.5; the trailing twelve-month figure through Mar 2026 stood at 0.5 (up 25.08% YoY), and the FY2025 full-year result was 0.38, up 13.96% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.5, down from 0.51 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.51 in Q4 2025, with the low at 0.21 in Q2 2023.
- Historically, Asset Utilization Ratio has averaged 0.33 across 5 years, with a median of 0.31 in 2024.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio soared 113.46% — and 2025, when it declined 17.52%.
- Cerence's Asset Utilization Ratio stood at 0.24 in 2022, then climbed by 14.58% to 0.27 in 2023, then surged by 35.71% to 0.37 in 2024, then soared by 38.62% to 0.51 in 2025, then dropped by 3.3% to 0.5 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.5 (Q1 2026), 0.51 (Q4 2025), and 0.4 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.84 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.39 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.50 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.55 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.29 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.85 |
| 10 | Cerence | 461.49 Mn | 353.23 Mn | 47.30 Mn | 0.50 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.50 |
| Dec 31, 2025 | 0.51 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.38 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 0.37 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 0.43 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.23 |
| Jun 30, 2021 | 0.22 |