Fuelcell Energy (FCELB) Asset Utilization Ratio (2011 - 2026)

Fuelcell Energy's (FCELB) quarterly Asset Utilization Ratio came in at 0.18 in Q1 2026, up 43.71% year-on-year from 0.12 in Q1 2025, and down 1.02% quarter-over-quarter from 0.18 in Q4 2025.

Fuelcell Energy (FCELB) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Fuelcell Energy has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.18 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.18, up 43.71% year-over-year; the trailing twelve-month figure through Jan 2026 was 0.18 (up 43.71% YoY), and the FY2025 annual result was 0.17, up 42.81% from the prior year.
  • Asset Utilization Ratio came in at 0.18 for Q1 2026 at Fuelcell Energy, down 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.
  • The 5-year median for Asset Utilization Ratio is 0.13 (2023), against an average of 0.13.
  • Across the five-year window, Asset Utilization Ratio slumped 47.46% in 2024 and surged 94.6% in 2025, its largest moves.
  • Fuelcell Energy's Asset Utilization Ratio stood at 0.14 in 2022, then dropped by 6.26% to 0.13 in 2023, then slipped by 8.76% to 0.12 in 2024, then surged by 51.48% to 0.18 in 2025, then retreated by 1.02% to 0.18 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.18 (Q1 2026), 0.18 (Q4 2025), and 0.18 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 0.85
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 0.54
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 0.63
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 0.72
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 0.74
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn 0.14
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 1.00
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 1.00
10 Fuelcell Energy - - -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