Northann (NCL) Asset Utilization Ratio (2023 - 2026)
Northann's 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 has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.59 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 36.82% year-over-year to 0.59; the trailing twelve-month figure through Mar 2026 stood at 0.59 (down 36.82% YoY), and the FY2025 full-year result was 0.79, down 29.01% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.59, down from 0.77 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.18 in Q1 2024, with the low at 0.59 in Q1 2026.
- Average Asset Utilization Ratio over 4 years is 0.94, with a median of 0.95 recorded in 2023.
- Year-over-year, Asset Utilization Ratio climbed 11.44% in 2024 and slumped 36.82% in 2026.
- Tracing NCL's Asset Utilization Ratio over 4 years: stood at 0.97 in 2023, then increased by 11.44% to 1.08 in 2024, then dropped by 28.82% to 0.77 in 2025, then retreated by 23.17% to 0.59 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.59 (Q1 2026), 0.77 (Q4 2025), and 0.83 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 15.77 Bn | 15.77 Bn | 694.97 Mn | 1.27 |
| 2 | Somnigroup International | 14.16 Bn | 14.05 Bn | 776.90 Mn | 0.66 |
| 3 | Mohawk Industries | 6.27 Bn | 5.40 Bn | 641.90 Mn | 0.80 |
| 4 | Patrick Industries | 2.94 Bn | 2.91 Bn | 226.86 Mn | 1.25 |
| 5 | Whirlpool | 2.57 Bn | 1.93 Bn | 415.00 Mn | 0.94 |
| 6 | Hni | 2.21 Bn | 2.13 Bn | 499.90 Mn | 0.74 |
| 7 | Interface | 1.69 Bn | 1.63 Bn | 126.72 Mn | 1.18 |
| 8 | La-Z-Boy | 1.51 Bn | 1.22 Bn | 233.51 Mn | 1.05 |
| 9 | Leggett & Platt | 1.40 Bn | 885.79 Mn | 170.70 Mn | 1.12 |
| 10 | Northann | - | - | -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 |