Envirotech Vehicles (EVTV) Asset Utilization Ratio (2018 - 2026)
Envirotech Vehicles (EVTV) posted quarterly Asset Utilization Ratio of 0.96 for Q1 2026, up 1569.77% year-over-year from 0.06 in Q1 2025, and up 84.42% on a QoQ basis from 0.52 in Q4 2025.
Envirotech Vehicles (EVTV) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Envirotech Vehicles (EVTV) has reported Asset Utilization Ratio for 9 consecutive years, with 0.96 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 1569.77% year-over-year to 0.96; the TTM figure through Mar 2026 stood at 0.96 (up 1569.77% YoY), while the FY2025 annual figure was 0.32, up 370.56% from the prior year.
- Asset Utilization Ratio came in at 0.96 for Q1 2026 at Envirotech Vehicles, up from 0.52 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.96 in Q1 2026, with the low at 0.02 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.17, with a median of 0.09 recorded in 2022.
- Across the five-year window, Asset Utilization Ratio tumbled 58.27% in 2025 and surged 1569.77% in 2026, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.09 in 2022, then soared by 39.08% to 0.12 in 2023, then plunged by 43.42% to 0.07 in 2024, then surged by 670.99% to 0.52 in 2025, then soared by 84.42% to 0.96 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.96, 0.52, and 0.18 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,375.42 Bn | 1,330.73 Bn | 4.72 Bn | 0.70 |
| 2 | Ford Motor | 78.30 Bn | 47.85 Bn | 7.94 Bn | 0.66 |
| 3 | General Motors | 68.82 Bn | 46.43 Bn | 4.32 Bn | 0.61 |
| 4 | Xpeng | 40.80 Bn | 38.26 Bn | 388.90 Mn | 0.72 |
| 5 | Rivian Automotive | 21.46 Bn | 16.65 Bn | 119.00 Mn | 0.38 |
| 6 | Li Auto | 12.40 Bn | -965.30 Mn | 262.11 Mn | 0.73 |
| 7 | Nio | 12.31 Bn | 9.20 Bn | 704.43 Mn | 0.80 |
| 8 | VinFast Auto | 7.23 Bn | 91,500.01 Bn | -17,004.89 Bn | 0.53 |
| 9 | Lucid | 2.18 Bn | 1.48 Bn | -311.71 Mn | 0.18 |
| 10 | Envirotech Vehicles | 22.94 Mn | 20.92 Mn | -188,612.00 | 0.96 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.96 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.08 |
| Mar 31, 2025 | 0.06 |
| Dec 31, 2024 | 0.07 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.08 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 0.17 |
| Jun 30, 2023 | 0.18 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.05 |
| Jun 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.03 |
| Sep 30, 2021 | 0.02 |
| Jun 30, 2021 | 0.01 |