Nextpower (NXT) Asset Utilization Ratio (2023 - 2026)
Nextpower's (NXT) quarterly Asset Utilization Ratio came in at 0.9 in Q1 2026, down 5.65% year-on-year from 0.96 in Q1 2025, and down 6.29% quarter-over-quarter from 0.96 in Q4 2025.
Nextpower (NXT) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Nextpower's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.9 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 5.65% year-over-year to 0.9 in Q1 2026; TTM through Mar 2026 was 0.9, a 5.65% decrease from a year earlier, with the FY2026 full-year figure at 0.98, down 5.45% from the prior year.
- Asset Utilization Ratio slipped to 0.9 in Q1 2026 per NXT's latest filing, from 0.96 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.42 in Q1 2023 and bottomed at 0.9 in Q1 2026.
- The 4-year median for Asset Utilization Ratio is 1.04 (2024), against an average of 1.06.
- Across the five-year window, Asset Utilization Ratio slipped 23.68% in 2024 and advanced 0.13% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 1.11 in 2023, then retreated by 12.82% to 0.96 in 2024, then rose by 0.13% to 0.96 in 2025, then fell by 6.29% to 0.9 in 2026.
- Per Business Quant, the three latest NXT Asset Utilization Ratio figures stand at 0.9 (Q1 2026), 0.96 (Q4 2025), and 0.96 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 0.90 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 0.45 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 0.51 |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 0.52 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 0.14 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 0.55 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 0.74 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.82 |
| 10 | Toyo | 182.74 Mn | 106.10 Mn | 47.76 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.90 |
| Dec 31, 2025 | 0.96 |
| Sep 26, 2025 | 0.96 |
| Jun 27, 2025 | 0.94 |
| Mar 31, 2025 | 0.96 |
| Dec 31, 2024 | 0.96 |
| Sep 27, 2024 | 1.04 |
| Jun 28, 2024 | 1.07 |
| Mar 31, 2024 | 1.08 |
| Dec 31, 2023 | 1.11 |
| Sep 29, 2023 | 1.13 |
| Jun 30, 2023 | 1.29 |
| Mar 31, 2023 | 1.42 |