Fuelcell Energy (FCEL) Asset Utilization Ratio (2011 - 2026)
Fuelcell Energy (FCEL) reported Asset Utilization Ratio of 0.17 for Q2 2026, up 17.25% on a YoY basis from 0.14 in Q2 2025, and down 4.63% sequentially from 0.18 in Q1 2026.
Fuelcell Energy (FCEL) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Fuelcell Energy (FCEL) has 16 years of Asset Utilization Ratio data on file, last reported at 0.17 in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio rose 17.25% year-over-year to 0.17; the trailing twelve-month figure through Apr 2026 stood at 0.17 (up 17.25% YoY), and the FY2025 full-year result was 0.17, up 42.81% from the prior year.
- Asset Utilization Ratio declined to 0.17 in Q2 2026, from 0.18 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.18 in Q2 2023 to a low of 0.09 in Q3 2024.
- A 5-year average of 0.14 and a median of 0.13 in 2023 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio plunged 47.46% in 2024 and surged 94.6% in 2025, its largest moves.
- Tracing FCEL's Asset Utilization Ratio over 5 years: stood at 0.14 in 2022, then slipped by 6.26% to 0.13 in 2023, then decreased by 8.76% to 0.12 in 2024, then jumped by 51.48% to 0.18 in 2025, then decreased by 5.59% to 0.17 in 2026.
- Business Quant data shows FCEL's Asset Utilization Ratio at 0.17 in Q2 2026, 0.18 in Q1 2026, and 0.18 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 403.71 Bn | 403.68 Bn | 6.04 Mn | 0.69 |
| 2 | Vertiv Holdings | 106.22 Bn | 103.72 Bn | 999.70 Mn | 0.85 |
| 3 | Bloom Energy | 50.57 Bn | 48.08 Bn | 225.54 Mn | 0.54 |
| 4 | Hubbell | 25.67 Bn | 25.15 Bn | 505.30 Mn | 0.72 |
| 5 | nVent Electric | 23.34 Bn | 23.15 Bn | 445.60 Mn | 0.63 |
| 6 | Advanced Energy Industries | 10.84 Bn | 10.14 Bn | 200.90 Mn | 0.74 |
| 7 | Acuity Inc. (De) | 10.06 Bn | 9.65 Bn | 606.40 Mn | 1.00 |
| 8 | Powell Industries | 7.93 Bn | 7.39 Bn | 87.94 Mn | 1.00 |
| 9 | EnerSys | 6.97 Bn | 6.53 Bn | 290.87 Mn | 0.93 |
| 10 | Fuelcell Energy | 1.12 Bn | 748.74 Mn | -12.93 Mn | 0.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.17 |
| Jan 31, 2026 | 0.18 |
| Oct 31, 2025 | 0.18 |
| Jul 31, 2025 | 0.18 |
| Apr 30, 2025 | 0.14 |
| Jan 31, 2025 | 0.12 |
| Oct 31, 2024 | 0.12 |
| Jul 31, 2024 | 0.09 |
| Apr 30, 2024 | 0.09 |
| Jan 31, 2024 | 0.11 |
| Oct 31, 2023 | 0.13 |
| Jul 31, 2023 | 0.16 |
| Apr 30, 2023 | 0.18 |
| Jan 31, 2023 | 0.15 |
| Oct 31, 2022 | 0.14 |
| Jul 31, 2022 | 0.11 |
| Apr 30, 2022 | 0.10 |
| Jan 31, 2022 | 0.10 |
| Oct 31, 2021 | 0.08 |
| Jul 31, 2021 | 0.10 |