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
DateValue
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