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% on a QoQ basis from 1.95 in Q4 2025.
NeoVolta (NEOV) has 5 years of Asset Utilization Ratio data on file, last reported at 1.01 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 15.49% year-over-year to 1.01 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.01 (up 15.49% YoY) and the FY2025 annual result came in at 1.47, up 210.27% from the prior year.
- Asset Utilization Ratio retreated to 1.01 in Q1 2026 per NEOV's latest filing, from 1.95 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.95 in Q4 2025 and bottomed at 0.42 in Q3 2023.
- The 5-year median for Asset Utilization Ratio is 0.56 (2024), against an average of 0.84.
- The widest annual swing landed in 2023, when Asset Utilization Ratio plunged 42.75%; it then jumped 238.49% in 2025.
- Tracing NEOV's Asset Utilization Ratio over 5 years: stood at 0.52 in 2022, then increased by 1.0% to 0.53 in 2023, then rose by 16.89% to 0.62 in 2024, then soared by 214.8% to 1.95 in 2025, then plunged by 48.1% to 1.01 in 2026.
- Per Business Quant, the three latest NEOV Asset Utilization Ratio figures stand at 1.01 (Q1 2026), 1.95 (Q4 2025), and 1.9 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 0.85 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 0.54 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.63 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 0.72 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 0.74 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 1.00 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 1.00 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 0.93 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 0.30 |
| 10 | NeoVolta | 3.32 Mn | -8.16 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 |