Growth Metrics

Grid Dynamics Holdings (GDYN) Asset Utilization Ratio: 2019-2024

Historic Asset Utilization Ratio for Grid Dynamics Holdings (GDYN) over the last 6 years, with Dec 2024 value amounting to 0.68.

  • Grid Dynamics Holdings' Asset Utilization Ratio rose 25.20% to 0.56 in Q3 2025 from the same period last year, while for Sep 2025 it was 0.56, marking a year-over-year increase of 25.20%. This contributed to the annual value of 0.68 for FY2024, which is 7.71% down from last year.
  • Per Grid Dynamics Holdings' latest filing, its Asset Utilization Ratio stood at 0.68 for FY2024, which was down 7.71% from 0.74 recorded in FY2023.
  • Grid Dynamics Holdings' Asset Utilization Ratio's 5-year high stood at 1.00 during FY2021, with a 5-year trough of 0.68 in FY2024.
  • For the 3-year period, Grid Dynamics Holdings' Asset Utilization Ratio averaged around 0.78, with its median value being 0.74 (2023).
  • Its Asset Utilization Ratio has fluctuated over the past 5 years, first rose by 15.81% in 2020, then fell by 20.47% in 2023.
  • Yearly analysis of 5 years shows Grid Dynamics Holdings' Asset Utilization Ratio stood at 0.93 in 2020, then increased by 6.91% to 1.00 in 2021, then declined by 6.74% to 0.93 in 2022, then dropped by 20.47% to 0.74 in 2023, then declined by 7.71% to 0.68 in 2024.