Northann (NCL) Asset Utilization Ratio (2023 - 2026)
Northann's (NCL) quarterly Asset Utilization Ratio came in at 0.59 in Q1 2026, down 36.82% year-on-year from 0.93 in Q1 2025, and down 23.17% quarter-over-quarter from 0.77 in Q4 2025.
Northann (NCL) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Northann's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.59 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 36.82% year-over-year to 0.59 in Q1 2026; TTM through Mar 2026 was 0.59, a 36.82% decrease from a year earlier, with the FY2025 full-year figure at 0.79, down 29.01% from the prior year.
- Asset Utilization Ratio retreated to 0.59 in Q1 2026 per NCL's latest filing, from 0.77 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.18 in Q1 2024 and bottomed at 0.59 in Q1 2026.
- The 4-year median for Asset Utilization Ratio is 0.95 (2023), against an average of 0.94.
- Across the five-year window, Asset Utilization Ratio climbed 11.44% in 2024 and slumped 36.82% in 2026, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.97 in 2023, then grew by 11.44% to 1.08 in 2024, then slipped by 28.82% to 0.77 in 2025, then fell by 23.17% to 0.59 in 2026.
- Per Business Quant, the three latest NCL Asset Utilization Ratio figures stand at 0.59 (Q1 2026), 0.77 (Q4 2025), and 0.83 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 21.66 Bn | 21.15 Bn | 694.97 Mn | 1.27 |
| 2 | Somnigroup International | 15.46 Bn | 15.35 Bn | 776.90 Mn | 0.66 |
| 3 | Mohawk Industries | 7.14 Bn | 6.27 Bn | 641.90 Mn | 0.80 |
| 4 | Alliance Laundry Holdings | 5.13 Bn | 5.00 Bn | 157.19 Mn | 0.59 |
| 5 | Hni | 3.09 Bn | 3.01 Bn | 499.90 Mn | 0.74 |
| 6 | Whirlpool | 2.27 Bn | 1.64 Bn | 415.00 Mn | 0.94 |
| 7 | Interface | 1.96 Bn | 1.90 Bn | 126.72 Mn | 1.18 |
| 8 | La-Z-Boy | 1.65 Bn | 1.35 Bn | 262.76 Mn | 1.03 |
| 9 | Millerknoll | 1.55 Bn | 1.38 Bn | 395.60 Mn | 0.97 |
| 10 | Northann | 399,999.99 | 160,358.99 | -494,653.00 | 0.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.59 |
| Dec 31, 2025 | 0.77 |
| Sep 30, 2025 | 0.83 |
| Jun 30, 2025 | 0.73 |
| Mar 31, 2025 | 0.93 |
| Dec 31, 2024 | 1.08 |
| Sep 30, 2024 | 1.12 |
| Jun 30, 2024 | 1.15 |
| Mar 31, 2024 | 1.18 |
| Dec 31, 2023 | 0.97 |