Growth Metrics

Microvast Holdings (MVST) Asset Utilization Ratio (2021 - 2026)

Microvast Holdings' quarterly Asset Utilization Ratio came in at 0.37 in Q1 2026, down 13.05% year-on-year from 0.43 in Q1 2025, and down 11.93% quarter-over-quarter from 0.42 in Q4 2025.

Microvast Holdings has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.37 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 13.05% year-over-year to 0.37; the trailing twelve-month figure through Mar 2026 stood at 0.37 (down 13.05% YoY), and the FY2025 full-year result was 0.44, up 17.81% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.37, down from 0.42 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.44 in Q3 2025, with the low at 0.17 in Q1 2022.
  • Average Asset Utilization Ratio over 5 years is 0.31, with a median of 0.32 recorded in 2024.
  • Year-over-year, Asset Utilization Ratio sank 53.91% in 2022 and soared 55.16% in 2024.
  • Tracing MVST's Asset Utilization Ratio over 5 years: stood at 0.21 in 2022, then soared by 38.91% to 0.29 in 2023, then soared by 34.26% to 0.39 in 2024, then climbed by 8.7% to 0.42 in 2025, then declined by 11.93% to 0.37 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.37 (Q1 2026), 0.42 (Q4 2025), and 0.44 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 O Reilly Automotive 77.46 Bn 77.21 Bn 2.35 Bn 1.09
2 Autozone 56.88 Bn 56.59 Bn 2.24 Bn 0.98
3 Genuine Parts 13.45 Bn 12.97 Bn 2.34 Bn 1.18
4 Modine Manufacturing 13.16 Bn 13.07 Bn 186.10 Mn 1.18
5 Borgwarner 13.07 Bn 13.23 Bn 677.00 Mn 1.05
6 Aptiv 11.89 Bn 8.82 Bn 920.00 Mn 0.85
7 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 1.33
8 Allison Transmission Holdings 9.02 Bn 8.71 Bn 406.00 Mn 0.49
9 Autoliv 9.01 Bn 8.66 Bn 526.00 Mn 1.28
10 Microvast Holdings 458.66 Mn 284.66 Mn 19.16 Mn 0.37

Historic Data

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DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.42
Sep 30, 2025 0.44
Jun 30, 2025 0.43
Mar 31, 2025 0.43
Dec 31, 2024 0.39
Sep 30, 2024 0.38
Jun 30, 2024 0.35
Mar 31, 2024 0.32
Dec 31, 2023 0.29
Sep 30, 2023 0.26
Jun 30, 2023 0.23
Mar 31, 2023 0.22
Dec 31, 2022 0.21
Sep 30, 2022 0.21
Jun 30, 2022 0.21
Mar 31, 2022 0.17
Dec 31, 2021 0.15
Sep 30, 2021 0.21
Jun 30, 2021 0.45