Forge Innovation Development (FGNV) Asset Utilization Ratio (2018 - 2025)

Forge Innovation Development (FGNV) recorded quarterly Asset Utilization Ratio of 0.14 in Q3 2025, up 52.49% quarter-over-quarter from 0.09 in Q2 2025, and up 81.98% on a YoY basis from 0.07 in Q3 2024.

Forge Innovation Development (FGNV) Asset Utilization Ratio (2018 - 2025) Analysis & Trends

Forge Innovation Development's Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 0.14 for Q3 2025.

  • In Q3 2025, Asset Utilization Ratio rose 81.98% year-over-year to 0.14; the TTM figure through Sep 2025 stood at 0.14 (up 81.98% YoY), while the FY2024 annual figure was 0.08, down 17.95% from the prior year.
  • Asset Utilization Ratio was 0.14 for Q3 2025 at Forge Innovation Development, up from 0.09 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.97 in Q4 2022 to a low of 0.03 in Q2 2023.
  • Historically, Asset Utilization Ratio has averaged 0.23 across 5 years, with a median of 0.09 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio jumped 479.05% in 2022, then slumped 96.26% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.22 in 2021, then jumped by 337.57% to 0.97 in 2022, then slumped by 95.29% to 0.05 in 2023, then surged by 77.37% to 0.08 in 2024, then surged by 67.37% to 0.14 in 2025.
  • The last three Asset Utilization Ratio figures came in at 0.14 (Q3 2025), 0.09 (Q2 2025), and 0.09 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 IHS Holding 44.35 Bn 43.37 Bn 231.80 186,318.31
2 Cbre 38.64 Bn 37.43 Bn 1.85 Bn 1.38
3 Jones Lang Lasalle 13.86 Bn 13.54 Bn - 1.50
4 Costar 12.44 Bn 11.16 Bn 701.00 Mn 0.33
5 Compass 7.37 Bn 6.89 Bn 2.31 Bn 1.72
6 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn -
7 Opendoor Technologies 4.28 Bn 4.21 Bn 72.00 Mn 1.66
8 Cushman & Wakefield 3.00 Bn 2.40 Bn 420.70 Mn 1.38
9 Newmark 2.71 Bn 2.66 Bn - 0.67
10 Forge Innovation Development - - - 0.14

Historic Data

Download Data
DateValue
Sep 30, 2025 0.14
Jun 30, 2025 0.09
Mar 31, 2025 0.09
Dec 31, 2024 0.08
Sep 30, 2024 0.07
Jun 30, 2024 0.07
Mar 31, 2024 0.06
Dec 31, 2023 0.05
Sep 30, 2023 0.03
Jun 30, 2023 0.03
Mar 31, 2023 0.04
Dec 31, 2022 0.97
Sep 30, 2022 0.89
Jun 30, 2022 0.74
Mar 31, 2022 0.36
Dec 31, 2021 0.22
Sep 30, 2021 0.17
Jun 30, 2021 0.13
Mar 31, 2021 0.11
Dec 31, 2020 0.09