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
DateValue
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