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% on a QoQ basis from 1.87 in Q4 2025.
NextPlat (NXPL) has 11 years of Asset Utilization Ratio data on file, last reported at 1.83 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 5.56% year-over-year to 1.83 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.83 (up 5.56% YoY) and the FY2025 annual result came in at 1.68, up 29.33% from the prior year.
- Asset Utilization Ratio eased to 1.83 in Q1 2026 per NXPL's latest filing, from 1.87 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.87 in Q3 2025 and bottomed at 0.38 in Q2 2023.
- The 5-year median for Asset Utilization Ratio is 0.81 (2024), against an average of 1.05.
- The widest annual swing landed in 2022, when Asset Utilization Ratio sank 79.83%; it then soared 201.17% in 2024.
- Tracing NXPL's Asset Utilization Ratio over 5 years: stood at 0.48 in 2022, then gained by 21.35% to 0.58 in 2023, then soared by 192.54% to 1.69 in 2024, then increased by 10.57% to 1.87 in 2025, then declined by 2.32% to 1.83 in 2026.
- Per Business Quant, the three latest NXPL Asset Utilization Ratio figures stand at 1.83 (Q1 2026), 1.87 (Q4 2025), and 1.87 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.51 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.40 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 0.84 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 0.55 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.50 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.83 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.29 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.57 |
| 10 | NextPlat | 16.43 Mn | 5.52 Mn | 3.41 Mn | 1.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.83 |
| Dec 31, 2025 | 1.89 |
| Sep 30, 2025 | 1.89 |
| Jun 30, 2025 | 1.79 |
| Mar 31, 2025 | 1.75 |
| 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 |
| Mar 31, 2021 | 2.12 |
| Dec 31, 2020 | 2.04 |
| Sep 30, 2020 | 2.12 |
| Jun 30, 2020 | 2.52 |
| Mar 31, 2020 | 2.54 |
| Dec 31, 2019 | 2.32 |
| Sep 30, 2019 | 2.08 |
| Jun 30, 2019 | 2.03 |
| Mar 31, 2019 | 2.22 |
| Dec 31, 2018 | 2.18 |
| Sep 30, 2018 | 2.04 |
| Jun 30, 2018 | 2.07 |
| Mar 31, 2018 | 1.93 |
| Dec 31, 2017 | 1.69 |
| Sep 30, 2017 | 1.56 |
| Jun 30, 2017 | 1.56 |
| Mar 31, 2017 | 1.55 |
| Dec 31, 2016 | 1.50 |