Growth Metrics

Energy Vault Holdings (NRGV) Asset Utilization Ratio (2022 - 2026)

Energy Vault Holdings posted quarterly Asset Utilization Ratio of 0.71 for Q1 2026, up 203.5% year-on-year from 0.23 in Q1 2025, and up 3.73% on a QoQ basis from 0.68 in Q4 2025.

Energy Vault Holdings (NRGV) has 5 years of Asset Utilization Ratio data on file, last reported at 0.71 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 203.5% year-over-year to 0.71; the trailing twelve-month figure through Mar 2026 stood at 0.71 (up 203.5% YoY), and the FY2025 full-year result was 0.82, up 365.6% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.71, up from 0.68 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.12 in Q2 2024 and bottomed at 0.13 in Q2 2022.
  • The 5-year median for Asset Utilization Ratio is 0.39 (2022), against an average of 0.51.
  • The widest annual swing landed in 2023, when Asset Utilization Ratio surged 619.03%; it then slumped 80.14% in 2024.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.39 in 2022, then soared by 175.74% to 1.07 in 2023, then plunged by 80.14% to 0.21 in 2024, then surged by 223.73% to 0.68 in 2025, then gained by 3.73% to 0.71 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.71 (Q1 2026), 0.68 (Q4 2025), and 0.32 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 AXIA Energia 193.97 Bn 191.26 Bn 1.44 Bn 0.15
2 Enlight Renewable Energy 13.10 Bn 12.57 Bn 85.64 Mn 0.06
3 Ormat Technologies 8.30 Bn 8.16 Bn 78.83 Mn 0.16
4 Fluence Energy 3.60 Bn 3.28 Bn 46.63 Mn 1.12
5 Clearway Energy 1.42 Bn 4.77 Bn 220.00 Mn 0.09
6 XPLR Infrastructure 1.16 Bn 8.69 Bn 141.00 Mn 0.06
7 Energy Vault Holdings 916.05 Mn 870.62 Mn 4.79 Mn 0.71
8 Ellomay Capital 782.29 Mn 671.00 Mn 1.49 Mn 0.04
9 ReNew Energy Global 342.92 Mn 58.95 Mn 269.00 Mn -
10 Nextnrg 90.54 Mn 87.86 Mn 1.71 Mn 7.43

Historic Data

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DateValue
Mar 31, 2026 0.71
Dec 31, 2025 0.68
Sep 30, 2025 0.32
Jun 30, 2025 0.22
Mar 31, 2025 0.23
Dec 31, 2024 0.21
Sep 30, 2024 0.52
Jun 30, 2024 1.12
Mar 31, 2024 1.08
Dec 31, 2023 1.07
Sep 30, 2023 0.96
Jun 30, 2023 0.40
Mar 31, 2023 0.29
Dec 31, 2022 0.39
Sep 30, 2022 0.13
Jun 30, 2022 0.13
Mar 31, 2022 0.18