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
DateValue
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