NeoVolta (NEOV) Asset Utilization Ratio (2022 - 2026)
NeoVolta (NEOV) posted quarterly 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 reported Asset Utilization Ratio for 5 consecutive years, with 1.01 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 15.49% year-over-year to 1.01; the TTM figure through Mar 2026 stood at 1.01 (up 15.49% YoY), while the FY2025 annual figure was 1.47, up 210.27% from the prior year.
- Asset Utilization Ratio eased 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.
- Historically, Asset Utilization Ratio has averaged 0.84 across 5 years, with a median of 0.56 in 2024.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio slumped 42.75% — and 2025, when it soared 238.49%.
- NeoVolta's Asset Utilization Ratio stood at 0.52 in 2022, then advanced by 1.0% to 0.53 in 2023, then climbed by 16.89% to 0.62 in 2024, then soared by 214.8% to 1.95 in 2025, then tumbled 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 0.78 |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 0.60 |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 0.61 |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 1.35 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 0.68 |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 1.00 |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 0.89 |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 0.95 |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 0.33 |
| 10 | NeoVolta | 135.04 Mn | 123.56 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 |