Microvast Holdings (MVST) Asset Utilization Ratio (2021 - 2026)
Microvast Holdings (MVST) posted quarterly Asset Utilization Ratio of 0.37 for Q1 2026, down 13.05% year-over-year from 0.43 in Q1 2025, and down 11.93% quarter-over-quarter from 0.42 in Q4 2025.
Microvast Holdings (MVST) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Microvast Holdings' Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.37 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 13.05% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (down 13.05% YoY), while the FY2025 annual figure 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.
- The 5-year median for Asset Utilization Ratio is 0.32 (2024), against an average of 0.31.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio plunged 53.91% in 2022, then soared 55.16% in 2024.
- Microvast Holdings' Asset Utilization Ratio stood at 0.21 in 2022, then jumped by 38.91% to 0.29 in 2023, then jumped by 34.26% to 0.39 in 2024, then gained by 8.7% to 0.42 in 2025, then slipped by 11.93% to 0.37 in 2026.
- Business Quant data shows MVST's Asset Utilization Ratio at 0.37 in Q1 2026, 0.42 in Q4 2025, and 0.44 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 1.08 |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 0.97 |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | 1.19 |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | 1.04 |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | 0.51 |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 0.87 |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 1.31 |
| 10 | Microvast Holdings | 282.20 Mn | 139.07 Mn | 25.78 Mn | 0.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| 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 |