Commercial Vehicle (CVGI) Asset Utilization Ratio (2011 - 2026)
Commercial Vehicle (CVGI) posted quarterly Asset Utilization Ratio of 1.62 for Q1 2026, down 2.2% year-over-year from 1.65 in Q1 2025, and down 1.27% quarter-over-quarter from 1.64 in Q4 2025.
Commercial Vehicle (CVGI) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Commercial Vehicle (CVGI) has reported Asset Utilization Ratio for 16 consecutive years, with 1.62 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 2.2% year-over-year to 1.62; the TTM figure through Mar 2026 stood at 1.62 (down 2.2% YoY), while the FY2025 annual figure was 1.59, changed 0.22% from the prior year.
- Asset Utilization Ratio retreated to 1.62 in Q1 2026 per CVGI's latest filing, from 1.64 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.88 in Q4 2023 and bottomed at 1.51 in Q3 2024.
- Historically, Asset Utilization Ratio has averaged 1.65 across 5 years, with a median of 1.63 in 2023.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio rose 19.25% — and 2024, when it dropped 16.44%.
- Commercial Vehicle's Asset Utilization Ratio stood at 1.58 in 2022, then rose by 19.25% to 1.88 in 2023, then decreased by 16.44% to 1.57 in 2024, then climbed by 4.21% to 1.64 in 2025, then decreased by 1.27% to 1.62 in 2026.
- Business Quant data shows CVGI's Asset Utilization Ratio at 1.62 in Q1 2026, 1.64 in Q4 2025, and 1.58 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.82 Bn | 73.56 Bn | 2.52 Bn | 1.08 |
| 2 | Autozone | 48.68 Bn | 48.43 Bn | 2.52 Bn | 0.97 |
| 3 | Magna International | 19.60 Bn | 18.17 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.50 Bn | 17.94 Bn | 2.47 Bn | 1.19 |
| 5 | Borgwarner | 13.51 Bn | 11.06 Bn | 721.00 Mn | 1.04 |
| 6 | Allison Transmission Holdings | 10.82 Bn | 10.42 Bn | 515.00 Mn | 0.51 |
| 7 | Modine Manufacturing | 10.35 Bn | 10.28 Bn | - | - |
| 8 | Aptiv | 10.03 Bn | 9.27 Bn | 775.00 Mn | 0.87 |
| 9 | Autoliv | 9.20 Bn | 8.83 Bn | 509.00 Mn | 1.31 |
| 10 | Commercial Vehicle | 106.74 Mn | 106.74 Mn | 24.73 Mn | 1.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.55 |
| Mar 31, 2026 | 1.62 |
| Dec 31, 2025 | 1.64 |
| Sep 30, 2025 | 1.58 |
| Jun 30, 2025 | 1.59 |
| Mar 31, 2025 | 1.65 |
| Dec 31, 2024 | 1.57 |
| Sep 30, 2024 | 1.51 |
| Jun 30, 2024 | 1.55 |
| Mar 31, 2024 | 1.72 |
| Dec 31, 2023 | 1.88 |
| Sep 30, 2023 | 1.53 |
| Jun 30, 2023 | 1.63 |
| Mar 31, 2023 | 1.65 |
| Dec 31, 2022 | 1.58 |
| Sep 30, 2022 | 1.81 |
| Jun 30, 2022 | 1.72 |
| Mar 31, 2022 | 1.81 |
| Dec 31, 2021 | 1.87 |
| Sep 30, 2021 | 1.81 |