Greenwave Technology Solutions (GWAV) Asset Utilization Ratio (2014 - 2025)
Greenwave Technology Solutions (GWAV) recorded quarterly Asset Utilization Ratio of 0.64 in Q3 2025, up 18.75% quarter-over-quarter from 0.54 in Q2 2025, and up 35.21% on a YoY basis from 0.47 in Q3 2024.
Greenwave Technology Solutions (GWAV) Asset Utilization Ratio (2014 - 2025) Analysis & Trends
Greenwave Technology Solutions' Asset Utilization Ratio history runs 12 years deep, the most recent figure standing at 0.64 for Q3 2025.
- In Q3 2025, Asset Utilization Ratio rose 35.21% year-over-year to 0.64; the TTM figure through Sep 2025 stood at 0.64 (up 35.21% YoY), while the FY2024 annual figure was 0.61, down 25.04% from the prior year.
- Asset Utilization Ratio was 0.64 for Q3 2025 at Greenwave Technology Solutions, up from 0.54 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.92 in Q3 2022 to a low of 0.12 in Q1 2021.
- Historically, Asset Utilization Ratio has averaged 0.57 across 5 years, with a median of 0.56 in 2024.
- The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio sank 99.23% in 2021, then surged 322.03% in 2022.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.42 in 2021, then surged by 96.09% to 0.83 in 2022, then retreated by 9.23% to 0.76 in 2023, then sank by 33.48% to 0.5 in 2024, then gained by 26.65% to 0.64 in 2025.
- The last three Asset Utilization Ratio figures came in at 0.64 (Q3 2025), 0.54 (Q2 2025), and 0.49 (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GFL Environmental | 252.38 Bn | 252.50 Bn | 218.62 Mn | 0.40 |
| 2 | Waste Connections | 40.24 Bn | 40.13 Bn | 1.01 Bn | 0.45 |
| 3 | Clean Harbors | 15.26 Bn | 14.59 Bn | 445.42 Mn | 0.80 |
| 4 | Casella Waste Systems | 5.57 Bn | 5.43 Bn | 148.40 Mn | 0.57 |
| 5 | Enviri | 1.71 Bn | 1.63 Bn | - | - |
| 6 | Onterris | 613.85 Mn | 602.80 Mn | - | - |
| 7 | American Battery Technology | 425.23 Mn | 386.75 Mn | 737,749.00 | 0.12 |
| 8 | Waste Management | 198.93 Mn | 41.93 Mn | 2.53 Bn | 0.56 |
| 9 | Perma Fix Environmental Services | 184.86 Mn | 164.86 Mn | -2.88 Mn | 0.69 |
| 10 | Greenwave Technology Solutions | 2.02 Mn | 569,165.06 | 3.50 Mn | 0.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.64 |
| Jun 30, 2025 | 0.54 |
| Mar 31, 2025 | 0.49 |
| Dec 31, 2024 | 0.50 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.56 |
| Mar 31, 2024 | 0.77 |
| Dec 31, 2023 | 0.76 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.74 |
| Mar 31, 2023 | 0.78 |
| Dec 31, 2022 | 0.83 |
| Sep 30, 2022 | 0.92 |
| Jun 30, 2022 | 0.76 |
| Mar 31, 2022 | 0.48 |
| Dec 31, 2021 | 0.42 |
| Sep 30, 2021 | 0.25 |
| Jun 30, 2021 | 0.18 |
| Mar 31, 2021 | 0.12 |
| Dec 31, 2020 | 0.16 |