NeoVolta (NEOV) Asset Utilization Ratio (2022 - 2026)
NeoVolta (NEOV) reported Asset Utilization Ratio of 1.01 for Q1 2026, up 15.49% year-over-year from 0.87 in Q1 2025, and down 48.1% quarter-over-quarter from 1.95 in Q4 2025.
NeoVolta (NEOV) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
NeoVolta (NEOV) has 5 years of Asset Utilization Ratio data on file, last reported at 1.01 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 1.01, up 15.49% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.01 (up 15.49% YoY), and the FY2025 annual result was 1.47, up 210.27% from the prior year.
- Asset Utilization Ratio fell to 1.01 in Q1 2026 per NEOV's latest filing, from 1.95 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.95 in Q4 2025 and troughed at 0.42 in Q3 2023.
- A 5-year average of 0.84 and a median of 0.56 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio slumped 42.75% in 2023, then soared 238.49% in 2025.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.52 in 2022, then gained by 1.0% to 0.53 in 2023, then advanced by 16.89% to 0.62 in 2024, then surged by 214.8% to 1.95 in 2025, then slumped by 48.1% to 1.01 in 2026.
- Business Quant data shows NEOV's Asset Utilization Ratio at 1.01 in Q1 2026, 1.95 in Q4 2025, and 1.9 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.85 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 0.54 |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.63 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.72 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.74 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 1.00 |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 0.14 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 1.00 |
| 10 | NeoVolta | 62.31 Mn | 50.83 Mn | 927,823.00 | 1.01 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.01 |
| Dec 31, 2025 | 1.95 |
| Sep 30, 2025 | 1.90 |
| Jun 30, 2025 | 1.35 |
| Mar 31, 2025 | 0.87 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 0.56 |
| Jun 30, 2024 | 0.54 |
| Mar 31, 2024 | 0.51 |
| Dec 31, 2023 | 0.53 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.52 |
| Mar 31, 2023 | 0.52 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.74 |