NextTrip (NTRP) Asset Utilization Ratio (2011 - 2026)

NextTrip (NTRP) posted Asset Utilization Ratio of 0.4 for Q2 2026, up 46.56% sequentially from 0.27 in Q1 2026, and up 816.28% YoY from 0.04 in Q2 2025.

NextTrip (NTRP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

NextTrip has reported Asset Utilization Ratio for 15 years, with the latest figure at 0.4 in Q2 2026.

  • Quarterly Asset Utilization Ratio rose 816.28% year-over-year to 0.4 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.4 (up 816.28% YoY) and the FY2026 annual result came in at 0.32, up 383.79% from the prior year.
  • Asset Utilization Ratio climbed to 0.4 in Q2 2026 per NTRP's latest filing, from 0.27 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.4 in Q2 2026 and troughed at 0.04 in Q2 2025.
  • A 4-year average of 0.14 and a median of 0.13 in 2022 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2025 and 2026: Asset Utilization Ratio plunged 66.32% in 2025, then jumped 816.28% in 2026.
  • Over 4 years, Asset Utilization Ratio stood at 0.09 in 2022, then jumped by 33.81% to 0.13 in 2024, then rose by 21.74% to 0.15 in 2025, then soared by 157.34% to 0.4 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.4, 0.27, and 0.15 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Booking Holdings 157.63 Bn 140.41 Bn 4.98 Bn 0.98
2 Airbnb 106.16 Bn 94.09 Bn 2.98 Bn 0.47
3 Royal Caribbean Cruises 81.03 Bn 80.11 Bn 2.29 Bn 0.43
4 Viking Holdings 44.28 Bn 40.47 Bn 713.43 Mn 0.55
5 Carnival 38.41 Bn 36.17 Bn - 0.53
6 Expedia 38.31 Bn 31.18 Bn 3.91 Bn 0.57
7 Trip.com 29.06 Bn 17.36 Bn 1.86 Bn 0.24
8 Norwegian Cruise Line Holdings 8.36 Bn 8.15 Bn 1.05 Bn 0.42
9 MakeMyTrip 5.80 Bn 5.03 Bn 212.91 Mn 0.60
10 NextTrip 19.90 Mn 19.10 Mn 208,099.00 0.40

Historic Data

Download Data
DateValue
May 31, 2026 0.40
Feb 28, 2026 0.27
Nov 30, 2025 0.15
Aug 31, 2025 0.08
May 31, 2025 0.04
Feb 28, 2025 0.07
Nov 30, 2024 0.13
Aug 31, 2024 0.16
May 31, 2024 0.13
Dec 31, 2022 0.09
Sep 30, 2022 0.10
Jun 30, 2022 0.13
Mar 31, 2022 0.10
Dec 31, 2021 0.11
Sep 30, 2021 0.09
Jun 30, 2021 0.06
Mar 31, 2021 0.08
Dec 31, 2020 0.13
Sep 30, 2020 0.14
Jun 30, 2020 0.22