NeoVolta (NEOV) Asset Utilization Ratio (2022 - 2026)
NeoVolta's (NEOV) quarterly Asset Utilization Ratio came in at 1.01 in Q1 2026, up 15.49% year-on-year from 0.87 in Q1 2025, and down 48.1% on a QoQ basis 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.
- On a quarterly basis, Asset Utilization Ratio rose 15.49% year-over-year to 1.01 in Q1 2026; TTM through Mar 2026 was 1.01, a 15.49% increase from a year earlier, with the FY2025 full-year figure at 1.47, up 210.27% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.01, down from 1.95 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for NEOV reached as high as 1.95 in Q4 2025 and fell as low as 0.42 in Q3 2023.
- Historically, Asset Utilization Ratio has averaged 0.84 across 5 years, with a median of 0.56 in 2024.
- Across the five-year window, Asset Utilization Ratio plunged 42.75% in 2023 and jumped 238.49% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.52 in 2022, then grew by 1.0% to 0.53 in 2023, then increased by 16.89% to 0.62 in 2024, then surged by 214.8% to 1.95 in 2025, then tumbled by 48.1% to 1.01 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 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 | Electrovaya | 415.18 Bn | 415.15 Bn | 6.04 Mn | 0.69 |
| 2 | Vertiv Holdings | 112.54 Bn | 110.04 Bn | 999.70 Mn | 0.85 |
| 3 | Bloom Energy | 54.90 Bn | 52.41 Bn | 225.54 Mn | 0.54 |
| 4 | Hubbell | 26.04 Bn | 25.53 Bn | 505.30 Mn | 0.72 |
| 5 | nVent Electric | 24.70 Bn | 24.51 Bn | 445.60 Mn | 0.63 |
| 6 | Advanced Energy Industries | 11.62 Bn | 10.92 Bn | 200.90 Mn | 0.74 |
| 7 | Acuity Inc. (De) | 10.17 Bn | 9.76 Bn | 606.40 Mn | 1.00 |
| 8 | Powell Industries | 8.51 Bn | 7.96 Bn | 87.94 Mn | 1.00 |
| 9 | EnerSys | 7.18 Bn | 6.74 Bn | 290.87 Mn | 0.93 |
| 10 | NeoVolta | 87.61 Mn | 76.13 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 |