Clearwater Analytics Holdings (CWAN) Asset Utilization Ratio (2021 - 2026)
Clearwater Analytics Holdings' (CWAN) Asset Utilization Ratio was 0.27 for Q1 2026, down 29.7% from 0.39 a year earlier but up 12.2% from the prior quarter.
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Analysis
Clearwater Analytics Holdings (CWAN) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Clearwater Analytics Holdings was 0.35, down 33.4% from FY2024.
- Asset Utilization Ratio has declined for four consecutive years.
- By year, Asset Utilization Ratio came in at 0.52 in FY2024 (-26.1%), 0.71 in FY2023 (-3.7%), 0.73 in FY2022 (-33.0%) and 1.10 in FY2021.
- Five-year quarterly Asset Utilization Ratio spans a low of 0.21 in Q3 2025 and a high of 0.75 in Q4 2021.
- Year over year, Asset Utilization Ratio has now declined in each of the last six quarters, with an average decline of 34.2% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2024 (growth of 7.1%); the low point was Q3 2025 (a decline of 69.7%).
- Per Business Quant data, the three quarters before Q1 2026 came in at 0.24 (Q4 2025), 0.21 (Q3 2025) and 0.26 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | 0.56 |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | 0.25 |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | 0.51 |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | 0.41 |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | 0.53 |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | 0.34 |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | 0.56 |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | 0.01 |
| 10 | Clearwater Analytics Holdings | 7.30 Bn | 7.00 Bn | 145.55 Mn | 0.27 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.24 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.39 |
| Dec 31, 2024 | 0.50 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.70 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.67 |
| Jun 30, 2023 | 0.67 |
| Mar 31, 2023 | 0.65 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.71 |
| Jun 30, 2022 | 0.71 |
| Mar 31, 2022 | 0.73 |
| Dec 31, 2021 | 0.75 |
API Access
Clearwater Analytics Holdings Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CWAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CWAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=CWAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();