Enovix (ENVX) Asset Utilization Ratio (2022 - 2026)
Enovix's (ENVX) quarterly Asset Utilization Ratio came in at 0.04 in Q2 2026, down 10.2% YoY from 0.04 in Q2 2025, and up 12.89% on a QoQ basis from 0.04 in Q4 2025.
Enovix (ENVX) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Enovix (ENVX) has 5 years of Asset Utilization Ratio data on file, last reported at 0.04 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 10.2% year-over-year to 0.04 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.04 (down 10.2% YoY) and the FY2025 annual result came in at 0.05, up 7.05% from the prior year.
- Asset Utilization Ratio advanced to 0.04 in Q2 2026, from 0.04 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.05 in Q2 2025 to a low of 0.01 in Q3 2022.
- A 5-year average of 0.03 and a median of 0.03 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio plunged 43.4% — and 2024, when it soared 262.5%.
- Tracing ENVX's Asset Utilization Ratio over 5 years: stood at 0.01 in 2022, then jumped by 31.76% to 0.01 in 2023, then soared by 235.61% to 0.05 in 2024, then declined by 24.98% to 0.04 in 2025, then climbed 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 0.78 |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 0.60 |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.35 |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 0.61 |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 0.68 |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 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 | 6.40 Bn | 313.36 Mn | 0.95 |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 0.37 |
| 10 | Enovix | 716.69 Mn | 716.69 Mn | 1.30 Mn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 0.04 |
| 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 |