Youdao (DAO) Asset Utilization Ratio (2019 - 2026)
Youdao (DAO) posted quarterly Asset Utilization Ratio of 3.25 for Q1 2026, down 1.82% year-over-year from 3.31 in Q1 2025, and up 2.23% quarter-over-quarter from 3.18 in Q4 2025.
Analysis
Youdao (DAO) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Youdao (DAO) has reported Asset Utilization Ratio for 8 consecutive years, with 3.25 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 1.82% year-over-year to 3.25; the TTM figure through Mar 2026 stood at 3.25 (down 1.82% YoY), while the FY2025 annual figure was 3.18, changed 0.23% from the prior year.
- Asset Utilization Ratio advanced to 3.25 in Q1 2026 per DAO's latest filing, from 3.18 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 3.55 in Q1 2024 and bottomed at 1.98 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 2.98 across 5 years, with a median of 3.18 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio jumped 54.45% — and 2024, when it dropped 7.36%.
- Youdao's Asset Utilization Ratio stood at 2.42 in 2022, then jumped by 41.78% to 3.43 in 2023, then decreased by 7.36% to 3.18 in 2024, then declined by 0.02% to 3.18 in 2025, then gained by 2.23% to 3.25 in 2026.
- Business Quant data shows DAO's Asset Utilization Ratio at 3.25 in Q1 2026, 3.18 in Q4 2025, and 3.15 in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 94.45 Bn | 91.71 Bn | 812.22 Mn | 0.66 |
| 2 | Laureate Education | 5.11 Bn | 4.94 Bn | 237.67 Mn | 0.78 |
| 3 | Graham Holdings | 4.76 Bn | 3.51 Bn | 777.03 Mn | 0.62 |
| 4 | Covista | 4.50 Bn | 4.09 Bn | 284.63 Mn | 0.68 |
| 5 | Grand Canyon Education | 3.97 Bn | 3.69 Bn | 204.08 Mn | 1.21 |
| 6 | Stride | 3.66 Bn | 2.70 Bn | 217.28 Mn | 1.03 |
| 7 | McGraw Hill | 2.53 Bn | 2.34 Bn | 439.20 Mn | 0.39 |
| 8 | Perdoceo Education | 2.07 Bn | 760.41 Mn | 162.46 Mn | 0.65 |
| 9 | TAL Education | 1.94 Bn | -741.26 Mn | 227.32 Mn | - |
| 10 | Youdao | 1.82 Bn | 1.70 Bn | 105.66 Mn | 3.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.26 |
| Mar 31, 2026 | 3.25 |
| Dec 31, 2025 | 3.18 |
| Sep 30, 2025 | 3.15 |
| Jun 30, 2025 | 3.34 |
| Mar 31, 2025 | 3.31 |
| Dec 31, 2024 | 3.18 |
| Sep 30, 2024 | 3.33 |
| Jun 30, 2024 | 3.51 |
| Mar 31, 2024 | 3.55 |
| Dec 31, 2023 | 3.43 |
| Sep 30, 2023 | 3.27 |
| Jun 30, 2023 | 3.00 |
| Mar 31, 2023 | 2.56 |
| Dec 31, 2022 | 2.42 |
| Sep 30, 2022 | 2.12 |
| Jun 30, 2022 | 1.98 |
| Mar 31, 2022 | 2.01 |
| Dec 31, 2021 | 1.98 |
| Sep 30, 2021 | 1.88 |