Everspin Technologies (MRAM) Asset Utilization Ratio (2016 - 2026)
Everspin Technologies' Asset Utilization Ratio was 0.77 in Q3 2026, up 14.2% from 0.67 a year earlier and up 6.3% from the prior quarter.
Analysis
Everspin Technologies (MRAM) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Everspin Technologies came in at 0.68, down 2.1% from FY2024.
- Asset Utilization Ratio has now declined for four consecutive years.
- In earlier years, Asset Utilization Ratio was 0.69 in FY2024 (-33.2%), 1.04 in FY2023 (-17.9%), 1.27 in FY2022 (-17.4%) and 1.53 in FY2021 (+23.9%).
- The Q3 2026 figure marks the highest quarterly Asset Utilization Ratio since Q3 2024.
- Compared with a year earlier, Asset Utilization Ratio has increased for three straight quarters, with an average decline of 9.1% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q4 2021 (growth of 16.1%); the worst was Q1 2025 (a decline of 34.5%).
- Per Business Quant data, MRAM's Asset Utilization Ratio in the three quarters before Q3 2026 was 0.72 (Q2 2026), 0.68 (Q1 2026) and 0.67 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,980.27 Bn | 24,964.04 Bn | 43.99 Bn | -9.06 Mn |
| 2 | Taiwan Semiconductor Manufacturing | 10,337.48 Bn | 9,919.73 Bn | 31.04 Bn | 0.14 |
| 3 | Nvidia | 3,939.34 Bn | 3,713.50 Bn | 72.14 Bn | 1.05 |
| 4 | Broadcom | 1,653.85 Bn | 1,579.89 Bn | 20.46 Bn | 0.49 |
| 5 | Micron Technology | 880.27 Bn | 785.91 Bn | 47.05 Bn | 0.81 |
| 6 | Advanced Micro Devices | 875.86 Bn | 824.07 Bn | 7.21 Bn | 0.51 |
| 7 | Asml Holding | 576.26 Bn | 531.95 Bn | 5.90 Bn | 0.69 |
| 8 | Intel | 316.79 Bn | 179.50 Bn | 7.10 Bn | 0.28 |
| 9 | Applied Materials | 294.03 Bn | 294.03 Bn | 5.25 Bn | 0.77 |
| 10 | Everspin Technologies | 299.12 Mn | 127.24 Mn | 10.61 Mn | 0.77 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.77 |
| Jun 30, 2026 | 0.72 |
| Mar 31, 2026 | 0.68 |
| Dec 31, 2025 | 0.67 |
| Sep 30, 2025 | 0.67 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.62 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 0.79 |
| Jun 30, 2024 | 0.89 |
| Mar 31, 2024 | 0.95 |
| Dec 31, 2023 | 0.98 |
| Sep 30, 2023 | 1.04 |
| Jun 30, 2023 | 1.12 |
| Mar 31, 2023 | 1.12 |
| Dec 31, 2022 | 1.10 |
| Sep 30, 2022 | 1.26 |
| Jun 30, 2022 | 1.40 |
| Mar 31, 2022 | 1.44 |
| Dec 31, 2021 | 1.48 |
API Access
Everspin Technologies 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=MRAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MRAM", "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=MRAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();