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
DateValue
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