Greenwave Technology Solutions (GWAV) Asset Utilization Ratio (2014 - 2026)
Greenwave Technology Solutions' Asset Utilization Ratio was 1.14 in Q2 2026, up 112.0% from 0.54 a year earlier and up 11.5% from the prior quarter.
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Analysis
Greenwave Technology Solutions (GWAV) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Greenwave Technology Solutions came in at 0.79, up 29.7% from FY2024.
- In earlier years, Asset Utilization Ratio was 0.61 in FY2024 (-25.0%), 0.81 in FY2023 (-4.9%), 0.85 in FY2022 (+101.6%) and 0.42 in FY2021 (+209.0%).
- The Q2 2026 figure marks the highest quarterly Asset Utilization Ratio since Q3 2020.
- Compared with a year earlier, Asset Utilization Ratio has increased for four straight quarters, with growth averaging 25.9% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q2 2022 (growth of 322.0%); the worst was Q3 2021 (a decline of 99.2%).
- Per Business Quant data, GWAV's Asset Utilization Ratio in the three quarters before Q2 2026 was 1.02 (Q1 2026), 0.81 (Q4 2025) and 0.64 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 0.69 |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 0.45 |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 0.66 |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 0.44 |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 0.39 |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 0.99 |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 0.64 |
| 10 | Greenwave Technology Solutions | 2.01 Mn | -2.50 Mn | 6.06 Mn | 1.14 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.14 |
| Mar 31, 2026 | 1.02 |
| Dec 31, 2025 | 0.81 |
| 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 |
API Access
Greenwave Technology Solutions Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GWAV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "GWAV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GWAV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();