Electrovaya (ELVA) Asset Utilization Ratio (2023 - 2026)
Electrovaya (ELVA) reported 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 3 years of Asset Utilization Ratio data on file, last reported at 0.69 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.69, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was 0.69 (changed N/A YoY), and the FY2025 annual result was 1.23, up 20.58% from the prior year.
- Asset Utilization Ratio retreated to 0.69 in Q1 2026 per ELVA's latest filing, from 0.83 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.75 in Q2 2025 and troughed at 0.69 in Q1 2026.
- A 3-year average of 1.19 and a median of 1.04 in 2023 frame the typical range for Asset Utilization Ratio.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.85 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 0.54 |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.63 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.72 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.74 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 1.00 |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 0.14 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 1.00 |
| 10 | Electrovaya | 192,800.01 | -23.34 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 | 1.04 |