NextPlat (NXPL) Asset Utilization Ratio (2016 - 2026)
NextPlat's (NXPL) quarterly Asset Utilization Ratio came in at 1.83 in Q1 2026, up 5.56% year-on-year from 1.73 in Q1 2025, and down 2.32% on a QoQ basis from 1.87 in Q4 2025.
NextPlat (NXPL) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
NextPlat (NXPL) has 11 years of Asset Utilization Ratio data on file, last reported at 1.83 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 5.56% year-over-year to 1.83 in Q1 2026; TTM through Mar 2026 was 1.83, a 5.56% increase from a year earlier, with the FY2025 full-year figure at 1.68, up 29.33% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.83, down from 1.87 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for NXPL reached as high as 1.87 in Q3 2025 and fell as low as 0.38 in Q2 2023.
- Historically, Asset Utilization Ratio has averaged 1.05 across 5 years, with a median of 0.81 in 2024.
- Across the five-year window, Asset Utilization Ratio sank 79.83% in 2022 and soared 201.17% in 2024, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.48 in 2022, then rose by 21.35% to 0.58 in 2023, then surged by 192.54% to 1.69 in 2024, then grew by 10.57% to 1.87 in 2025, then dropped by 2.32% to 1.83 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.83 in Q1 2026, 1.87 in Q4 2025, and 1.87 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 0.84 |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 0.88 |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 0.39 |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 0.53 |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 0.29 |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 0.57 |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 0.50 |
| 10 | NextPlat | 30,182.37 | -10.88 Mn | 3.41 Mn | 1.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.83 |
| Dec 31, 2025 | 1.87 |
| Sep 30, 2025 | 1.87 |
| Jun 30, 2025 | 1.77 |
| Mar 31, 2025 | 1.73 |
| Dec 31, 2024 | 1.69 |
| Sep 30, 2024 | 1.44 |
| Jun 30, 2024 | 1.14 |
| Mar 31, 2024 | 0.81 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.39 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.49 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.43 |
| Dec 31, 2021 | 0.38 |
| Sep 30, 2021 | 0.38 |
| Jun 30, 2021 | 0.64 |