Electrovaya (ELVA) Asset Utilization Ratio (2023 - 2026)
Electrovaya (ELVA) posted quarterly Asset Utilization Ratio of 0.69 for Q1 2026, down 16.91% quarter-over-quarter from 0.83 in Q4 2025.
Electrovaya (ELVA) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Electrovaya (ELVA) has reported Asset Utilization Ratio for 3 consecutive years, with 0.69 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio changed N/A year-over-year to 0.69; the TTM figure through Mar 2026 stood at 0.69 (changed N/A YoY), while the FY2025 annual figure was 1.23, up 5.13% from the prior year.
- Asset Utilization Ratio declined to 0.69 in Q1 2026 per ELVA's latest filing, from 0.83 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.75 in Q2 2025 and bottomed at 0.69 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.19 across 3 years, with a median of 1.12 in 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.42 Bn | 97.31 Bn | 1.23 Bn | 0.78 |
| 2 | Bloom Energy | 57.71 Bn | 55.04 Bn | 355.57 Mn | 0.60 |
| 3 | Hubbell | 24.91 Bn | 24.52 Bn | 613.00 Mn | 0.61 |
| 4 | nVent Electric | 24.85 Bn | 24.59 Bn | 558.00 Mn | 1.35 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.70 Bn | 236.10 Mn | 0.68 |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.96 Bn | 606.40 Mn | 1.00 |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 0.89 |
| 8 | EnerSys | 6.93 Bn | 6.39 Bn | 313.36 Mn | 0.95 |
| 9 | Hayward Holdings | 3.20 Bn | 2.72 Bn | 155.05 Mn | 0.37 |
| 10 | Electrovaya | 321.88 Mn | 298.34 Mn | 6.04 Mn | 0.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.69 |
| Dec 31, 2025 | 0.83 |
| Sep 30, 2025 | 1.64 |
| Jun 30, 2025 | 1.75 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1.01 |