Hyliion Holdings (HYLN) Asset Utilization Ratio (2021 - 2026)
Hyliion Holdings' Asset Utilization Ratio came in at 0.05 for Q2 2026, up 234.2% from 0.01 a year earlier and up 69.2% from the prior quarter.
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Analysis
Hyliion Holdings (HYLN) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Hyliion Holdings' Asset Utilization Ratio was 0.01, up 191.9% from FY2024.
- Going back by year, Asset Utilization Ratio was 0.01 in FY2024 (+194.3%), 0.00 in FY2023 (-57.8%), 0.00 in FY2022 and 0.00 in FY2021.
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio in data going back to Q4 2021.
- Year-over-year, Asset Utilization Ratio has increased for three consecutive quarters, with growth averaging 294.6% over the last five quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q1 2025 (growth of 585.5%), and the weakest in Q2 2024 (a decline of 93.8%).
- Business Quant data shows HYLN's Asset Utilization Ratio at 0.03 (Q1 2026), 0.02 (Q4 2025) and 0.02 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 246.50 Bn | 206.41 Bn | 2.36 Bn | 0.53 |
| 2 | Bloom Energy | 63.69 Bn | 55.48 Bn | 355.57 Mn | 0.60 |
| 3 | First Solar | 18.57 Bn | 9.52 Bn | 605.00 Mn | 0.40 |
| 4 | BWX Technologies | 12.56 Bn | 10.86 Bn | 202.31 Mn | 0.80 |
| 5 | Nextpower | 12.07 Bn | 7.96 Bn | 335.85 Mn | 0.87 |
| 6 | Generac Holdings | 11.32 Bn | 10.15 Bn | 521.81 Mn | 0.78 |
| 7 | EnerSys | 6.14 Bn | 4.33 Bn | 313.36 Mn | 0.95 |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 0.47 |
| 9 | Mirion Technologies | 3.72 Bn | 1.55 Bn | 133.10 Mn | 0.29 |
| 10 | Hyliion Holdings | 546.05 Mn | 211.94 Mn | 366,000.00 | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.05 |
| Mar 31, 2026 | 0.03 |
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.01 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
API Access
Hyliion Holdings 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=HYLN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HYLN", "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=HYLN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();