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| Date | Value |
|---|---|
| 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 |