EVgo (EVGO) Asset Utilization Ratio (2021 - 2026)
EVgo's Asset Utilization Ratio was 0.43 in Q2 2026, up 19.1% from 0.36 a year earlier but down 3.8% from the prior quarter.
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Analysis
EVgo (EVGO) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
From Q2 2021 onward, EVgo has reported Asset Utilization Ratio for 21 quarters.
- Asset Utilization Ratio has now increased for four consecutive years.
- In earlier years, Asset Utilization Ratio was 0.32 in FY2024 (+52.2%), 0.21 in FY2023 (+183.3%), 0.07 in FY2022 (+54.6%) and 0.05 in FY2021.
- Quarterly Asset Utilization Ratio has moved between 0.03 (Q4 2021) and 0.44 (Q1 2026) over five years.
- Compared with a year earlier, Asset Utilization Ratio has increased for 16 straight quarters, with growth averaging 39.8% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q2 2023 (growth of 262.9%); the worst was Q2 2022 (a decline of 12.3%).
- Per Business Quant data, EVGO's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.44 (Q1 2026), 0.41 (Q4 2025) and 0.37 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 217.77 Bn | 177.68 Bn | 2.36 Bn | 0.53 |
| 2 | Bloom Energy | 57.44 Bn | 47.34 Bn | 417.10 Mn | 0.63 |
| 3 | First Solar | 18.54 Bn | 9.49 Bn | 605.00 Mn | 0.40 |
| 4 | Nextpower | 11.92 Bn | 7.81 Bn | 335.85 Mn | 0.87 |
| 5 | BWX Technologies | 11.66 Bn | 9.96 Bn | 202.31 Mn | 0.80 |
| 6 | Generac Holdings | 11.00 Bn | 9.82 Bn | 521.81 Mn | 0.78 |
| 7 | EnerSys | 6.06 Bn | 4.25 Bn | 313.36 Mn | 0.95 |
| 8 | Enphase Energy | 4.17 Bn | -685.14 Mn | 175.01 Mn | 0.47 |
| 9 | Mirion Technologies | 3.63 Bn | 1.46 Bn | 133.10 Mn | 0.29 |
| 10 | EVgo | 144.61 Mn | -431.97 Mn | 7.34 Mn | 0.43 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.43 |
| Mar 31, 2026 | 0.44 |
| Dec 31, 2025 | 0.41 |
| Sep 30, 2025 | 0.37 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.32 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.17 |
| Jun 30, 2023 | 0.15 |
| Mar 31, 2023 | 0.10 |
| Dec 31, 2022 | 0.07 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.03 |
API Access
EVgo Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=EVGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "EVGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=EVGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();