Fuelcell Energy (FCEL) Asset Utilization Ratio (2011 - 2026)
Fuelcell Energy (FCEL) posted Asset Utilization Ratio of 0.17 for Q2 2026, down 4.63% sequentially from 0.18 in Q1 2026, and up 17.25% YoY from 0.14 in Q2 2025.
Fuelcell Energy (FCEL) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Fuelcell Energy has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.17 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 17.25% year-over-year to 0.17 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.17 (up 17.25% YoY) and the FY2025 annual result came in at 0.17, up 42.81% from the prior year.
- Asset Utilization Ratio declined to 0.17 in Q2 2026 per FCEL's latest filing, from 0.18 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.18 in Q2 2023 and troughed at 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.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio slumped 47.46% in 2024, then jumped 94.6% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.14 in 2022, then fell by 6.26% to 0.13 in 2023, then declined by 8.76% to 0.12 in 2024, then jumped by 51.48% to 0.18 in 2025, then declined by 5.59% to 0.17 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.17, 0.18, and 0.18 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.09 Bn | 96.98 Bn | 1.23 Bn | 0.78 |
| 2 | Bloom Energy | 57.32 Bn | 54.65 Bn | 355.57 Mn | 0.60 |
| 3 | Hubbell | 24.83 Bn | 24.43 Bn | 613.00 Mn | 0.61 |
| 4 | nVent Electric | 24.73 Bn | 24.48 Bn | 558.00 Mn | 1.35 |
| 5 | Advanced Energy Industries | 11.05 Bn | 9.63 Bn | 236.10 Mn | 0.68 |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 1.00 |
| 7 | Powell Industries | 7.17 Bn | 6.54 Bn | 95.30 Mn | 0.89 |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 0.95 |
| 9 | Plug Power | 3.21 Bn | 2.90 Bn | -1.68 Mn | 0.33 |
| 10 | Fuelcell Energy | 1.05 Bn | 678.36 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 |