NextPlat (NXPL) Asset Utilization Ratio (2016 - 2026)
NextPlat (NXPL) reported Asset Utilization Ratio of 1.83 for Q1 2026, up 5.56% year-over-year from 1.73 in Q1 2025, and down 2.32% quarter-over-quarter 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.
- Asset Utilization Ratio for Q1 2026 came in at 1.83, up 5.56% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.83 (up 5.56% YoY), and the FY2025 annual result was 1.68, up 29.33% from the prior year.
- Asset Utilization Ratio slipped to 1.83 in Q1 2026 per NXPL's latest filing, from 1.87 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.87 in Q3 2025 and troughed at 0.38 in Q2 2023.
- A 5-year average of 1.05 and a median of 0.81 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio tumbled 79.83% in 2022, then surged 201.17% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.48 in 2022, then climbed by 21.35% to 0.58 in 2023, then surged by 192.54% to 1.69 in 2024, then gained by 10.57% to 1.87 in 2025, then retreated by 2.32% to 1.83 in 2026.
- Business Quant data shows NXPL's Asset Utilization Ratio at 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 | 222.91 Bn | 204.94 Bn | 8.16 Bn | 0.51 |
| 2 | Full Truck Alliance | 161.84 Bn | 159.29 Bn | - | - |
| 3 | Uber Technologies | 147.59 Bn | 146.55 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 141.82 Bn | 136.08 Bn | 1.55 Bn | 0.84 |
| 5 | Salesforce | 131.54 Bn | 119.70 Bn | 8.56 Bn | 0.39 |
| 6 | Cadence Design Systems | 105.57 Bn | 104.17 Bn | 1.26 Bn | 0.50 |
| 7 | ServiceNow | 98.52 Bn | 93.34 Bn | 2.83 Bn | 0.55 |
| 8 | Automatic Data Processing | 88.27 Bn | 85.04 Bn | 2.87 Bn | 0.29 |
| 9 | Adobe | 79.46 Bn | 73.83 Bn | 5.90 Bn | 0.85 |
| 10 | NextPlat | 16.35 Mn | 5.44 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 |