Enovix (ENVX) Asset Utilization Ratio (2022 - 2026)
Enovix posted quarterly Asset Utilization Ratio of 0.04 for Q2 2026, down 10.2% year-on-year from 0.04 in Q2 2025, and up 12.89% on a QoQ basis from 0.04 in Q4 2025.
Enovix (ENVX) has 5 years of Asset Utilization Ratio data on file, last reported at 0.04 in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 10.2% year-over-year to 0.04; the trailing twelve-month figure through Apr 2026 stood at 0.04 (down 10.2% YoY), and the FY2025 full-year result was 0.05, up 7.05% from the prior year.
- Asset Utilization Ratio for Q2 2026 stood at 0.04, up from 0.04 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.05 in Q2 2025 and bottomed at 0.01 in Q3 2022.
- The 5-year median for Asset Utilization Ratio is 0.03 (2023), against an average of 0.03.
- The widest annual swing landed in 2023, when Asset Utilization Ratio slumped 43.4%; it then soared 262.5% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.01 in 2022, then surged by 31.76% to 0.01 in 2023, then jumped by 235.61% to 0.05 in 2024, then fell by 24.98% to 0.04 in 2025, then grew by 12.89% to 0.04 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.04 (Q2 2026), 0.04 (Q4 2025), and 0.04 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 0.85 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 0.54 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.63 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 0.72 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 0.74 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 1.00 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 1.00 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 0.93 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 0.30 |
| 10 | Enovix | 1.45 Bn | 1.45 Bn | 1.55 Mn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | 0.04 |
| Dec 28, 2025 | 0.04 |
| Sep 28, 2025 | 0.04 |
| Jun 29, 2025 | 0.05 |
| Mar 30, 2025 | 0.04 |
| Dec 29, 2024 | 0.05 |
| Sep 29, 2024 | 0.04 |
| Jun 30, 2024 | 0.03 |
| Mar 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.01 |
| Oct 1, 2023 | 0.01 |
| Jul 2, 2023 | 0.01 |
| Apr 2, 2023 | 0.03 |
| Jan 1, 2023 | 0.02 |
| Oct 2, 2022 | 0.01 |
| Jul 3, 2022 | 0.01 |