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% YoY from 1.65 in Q1 2025, and down 1.27% sequentially from 1.64 in Q4 2025.
Commercial Vehicle (CVGI) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Commercial Vehicle has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 1.62 for 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 fell to 1.62 in Q1 2026, from 1.64 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for CVGI reached as high as 1.88 in Q4 2023 and fell as low as 1.51 in Q3 2024.
- The 5-year median for Asset Utilization Ratio is 1.63 (2023), against an average of 1.65.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio rose 19.25% — and 2024, when it dropped 16.44%.
- A 5-year view of Asset Utilization Ratio shows it stood at 1.58 in 2022, then increased by 19.25% to 1.88 in 2023, then retreated by 16.44% to 1.57 in 2024, then advanced by 4.21% to 1.64 in 2025, then retreated by 1.27% to 1.62 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.62, 1.64, and 1.58 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 0.72 |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 0.97 |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 0.99 |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 1.18 |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | 0.00 |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 1.05 |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 0.85 |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 1.28 |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 1.18 |
| 10 | Commercial Vehicle | 165.82 Mn | 165.82 Mn | 19.82 Mn | 1.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 1.77 |