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
DateValue
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