Growth Metrics

Evolv Technologies Holdings (EVLVW) Asset Utilization Ratio (2021 - 2026)

Evolv Technologies Holdings recorded quarterly Asset Utilization Ratio of 0.53 in Q1 2026, up 9.75% quarter-over-quarter from 0.48 in Q4 2025, and up 21.26% year-over-year from 0.43 in Q1 2025.

Evolv Technologies Holdings' Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.53 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 21.26% year-over-year to 0.53; the TTM figure through Mar 2026 stood at 0.53 (up 21.26% YoY), while the FY2025 annual figure was 0.51, up 38.69% from the prior year.
  • Asset Utilization Ratio came in at 0.53 for Q1 2026 at Evolv Technologies Holdings, up from 0.48 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.53 in Q1 2026 to a low of 0.08 in Q1 2022.
  • A 5-year average of 0.3 and a median of 0.28 in 2024 frame the typical range for Asset Utilization Ratio.
  • On a YoY basis, Asset Utilization Ratio climbed as much as 161.03% in 2022 and fell as far as 0.76% in 2022.
  • Evolv Technologies Holdings' Asset Utilization Ratio stood at 0.16 in 2022, then soared by 61.5% to 0.26 in 2023, then jumped by 43.68% to 0.38 in 2024, then climbed by 26.13% to 0.48 in 2025, then rose by 9.75% to 0.53 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.53, 0.48, and 0.47 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Allegion 11.20 Bn 10.89 Bn 454.50 Mn 0.79
2 MSA Safety 6.44 Bn 6.26 Bn 219.58 Mn 0.75
3 Adt 5.10 Bn 5.07 Bn 1.04 Bn 0.32
4 Brinks 4.39 Bn 3.98 Bn 382.40 Mn 0.74
5 Brady 4.08 Bn 3.90 Bn 225.47 Mn 0.89
6 Geo 3.01 Bn 2.92 Bn - 0.71
7 CoreCivic 2.08 Bn 1.87 Bn - 0.71
8 Napco Security Technologies 1.34 Bn 1.21 Bn 29.49 Mn 0.91
9 Evolv Technologies Holdings 1.14 Bn 1.08 Bn 23.60 Mn 0.53
10 Evolv Technologies Holdings - - 23.60 Mn 0.53

Historic Data

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DateValue
Mar 31, 2026 0.53
Dec 31, 2025 0.48
Sep 30, 2025 0.47
Jun 30, 2025 0.45
Mar 31, 2025 0.43
Dec 31, 2024 0.38
Sep 30, 2024 0.35
Jun 30, 2024 0.32
Mar 31, 2024 0.28
Dec 31, 2023 0.26
Sep 30, 2023 0.26
Jun 30, 2023 0.25
Mar 31, 2023 0.20
Dec 31, 2022 0.16
Sep 30, 2022 0.12
Jun 30, 2022 0.10
Mar 31, 2022 0.08
Dec 31, 2021 0.06
Sep 30, 2021 0.07
Jun 30, 2021 0.07
Mar 31, 2021 0.08