ESS Tech (GWH) Asset Utilization Ratio (2022 - 2026)
ESS Tech (GWH) posted quarterly Asset Utilization Ratio of 0.02 for Q1 2026, down 66.36% year-over-year from 0.07 in Q1 2025, and down 38.51% quarter-over-quarter from 0.04 in Q4 2025.
ESS Tech (GWH) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
ESS Tech's Asset Utilization Ratio history runs 5 years deep, the most recent figure standing at 0.02 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 66.36% year-over-year to 0.02; the TTM figure through Mar 2026 stood at 0.02 (down 66.36% YoY), while the FY2025 annual figure was 0.03, down 56.03% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.02, down from 0.04 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.16 in Q3 2025, with the low at 0.0 in Q2 2022.
- The 5-year median for Asset Utilization Ratio is 0.04 (2023), against an average of 0.05.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio soared 920.87% in 2023, then sank 66.36% in 2026.
- ESS Tech's Asset Utilization Ratio stood at 0.0 in 2022, then soared by 920.87% to 0.05 in 2023, then surged by 49.57% to 0.07 in 2024, then sank by 51.47% to 0.04 in 2025, then sank by 38.51% to 0.02 in 2026.
- Business Quant data shows GWH's Asset Utilization Ratio at 0.02 in Q1 2026, 0.04 in Q4 2025, and 0.16 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 0.78 |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 0.60 |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 0.61 |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 1.35 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 0.68 |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 1.00 |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 0.89 |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 0.95 |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 0.33 |
| 10 | ESS Tech | 13.23 Mn | 13.23 Mn | -7.42 Mn | -0.03 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.03 |
| Mar 31, 2026 | 0.02 |
| Dec 31, 2025 | 0.04 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.13 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 0.07 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.07 |
| Dec 31, 2023 | 0.05 |
| Sep 30, 2023 | 0.03 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.01 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |