Nvidia (NVDA) Asset Utilization Ratio (2009 - 2026)
Nvidia's Asset Utilization Ratio was 1.05 in fiscal Q2 2027 (quarter ended Jul 26, 2026), down 15.9% from 1.24 a year earlier and down 3.9% from the prior quarter.
Nvidia (NVDA) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2026 (ended Jan 25, 2026), Asset Utilization Ratio at Nvidia came in at 1.36, down 7.8% from FY2025.
- In earlier fiscal years, Asset Utilization Ratio was 1.47 in FY2025 (+29.1%), 1.14 in FY2024 (+80.3%), 0.63 in FY2023 (-14.3%) and 0.74 in FY2022 (+2.0%).
- The fiscal Q2 2027 figure marks the lowest quarterly Asset Utilization Ratio since fiscal Q4 2024.
- Compared with a year earlier, Asset Utilization Ratio has declined for four straight quarters, with growth averaging 6.1% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q1 2025 (growth of 84.9%); the worst was fiscal Q2 2027 (a decline of 15.9%).
- Per Business Quant data, NVDA's Asset Utilization Ratio in the three fiscal quarters before Q2 2027 was 1.09 (Q1 2027), 1.17 (Q4 2026) and 1.24 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,638.19 Bn | 5,412.36 Bn | 72.14 Bn | 1.05 |
| 2 | Taiwan Semiconductor Manufacturing | 2,452.80 Bn | 2,078.51 Bn | 27.22 Bn | 0.14 |
| 3 | Broadcom | 1,695.44 Bn | 1,621.48 Bn | 20.46 Bn | 0.49 |
| 4 | Micron Technology | 1,213.55 Bn | 1,152.31 Bn | 35.06 Bn | 0.77 |
| 5 | Advanced Micro Devices | 1,034.54 Bn | 991.29 Bn | 6.20 Bn | 0.50 |
| 6 | Asml Holding | 719.69 Bn | 675.53 Bn | 5.90 Bn | 0.70 |
| 7 | Intel | 601.78 Bn | 486.52 Bn | 6.51 Bn | 0.28 |
| 8 | Lam Research | 434.81 Bn | 411.60 Bn | 3.48 Bn | 1.05 |
| 9 | Applied Materials | 428.57 Bn | 394.02 Bn | 4.59 Bn | 0.74 |
| 10 | Arm Holdings | 326.25 Bn | 311.96 Bn | 1.25 Bn | 0.47 |
Historic Data
| Date | Value |
|---|---|
| Jul 26, 2026 | 1.05 |
| Apr 26, 2026 | 1.09 |
| Jan 25, 2026 | 1.17 |
| Oct 26, 2025 | 1.24 |
| Jul 27, 2025 | 1.24 |
| Apr 27, 2025 | 1.25 |
| Jan 26, 2025 | 1.26 |
| Oct 27, 2024 | 1.25 |
| Jul 28, 2024 | 1.19 |
| Apr 28, 2024 | 1.12 |
| Jan 28, 2024 | 1.02 |
| Oct 29, 2023 | 0.87 |
| Jul 30, 2023 | 0.70 |
| Apr 30, 2023 | 0.60 |
| Jan 29, 2023 | 0.66 |
| Oct 30, 2022 | 0.68 |
| Jul 31, 2022 | 0.67 |
| May 1, 2022 | 0.66 |
| Jan 30, 2022 | 0.63 |
| Oct 31, 2021 | 0.61 |
Nvidia Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NVDA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NVDA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NVDA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();