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

Microvast Holdings (MVSTW) recorded quarterly Asset Utilization Ratio of 0.37 in Q1 2026, down 11.93% quarter-over-quarter from 0.42 in Q4 2025, and down 13.05% on a YoY basis from 0.43 in Q1 2025.

Microvast Holdings (MVSTW) 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 was 0.37 for Q1 2026 at Microvast Holdings, down from 0.42 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.44 in Q3 2025 to a low of 0.17 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.31 across 5 years, with a median of 0.32 in 2024.
  • The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio sank 53.91% in 2022, then jumped 55.16% in 2024.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.21 in 2022, then surged by 38.91% to 0.29 in 2023, then surged by 34.26% to 0.39 in 2024, then advanced by 8.7% to 0.42 in 2025, then dropped 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 75.10 Bn 74.85 Bn 2.35 Bn 1.09
2 Autozone 51.89 Bn 51.61 Bn 2.24 Bn 0.98
3 Borgwarner 15.04 Bn 15.20 Bn 677.00 Mn 1.05
4 Modine Manufacturing 14.67 Bn 14.58 Bn 186.10 Mn 1.18
5 Aptiv 14.58 Bn 11.51 Bn 920.00 Mn 0.85
6 Genuine Parts 13.66 Bn 13.18 Bn 2.34 Bn 1.18
7 Aurora Innovation 11.95 Bn 10.73 Bn -5.00 Mn 0.00
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 1.33
9 Allison Transmission Holdings 9.76 Bn 9.45 Bn 406.00 Mn 0.49
10 Microvast Holdings - - 19.16 Mn 0.37

Historic Data

Download Data
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