Nextpower (NXT) Asset Utilization Ratio (2023 - 2026)
Nextpower (NXT) posted Asset Utilization Ratio of 0.87 for Q3 2026, down 3.66% on a QoQ basis from 0.9 in Q1 2026, and down 7.63% year-over-year from 0.94 in Q3 2025.
Analysis
Nextpower (NXT) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Nextpower has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.87 in Q3 2026.
- On a quarterly basis, Asset Utilization Ratio fell 7.63% year-over-year to 0.87 in Q3 2026; TTM through Jul 2026 was 0.87, a 7.63% decrease from a year earlier, with the FY2026 full-year figure at 0.98, down 5.45% from the prior year.
- Asset Utilization Ratio was 0.87 for Q3 2026 at Nextpower, down from 0.9 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.42 in Q1 2023, with the low at 0.87 in Q3 2026.
- Average Asset Utilization Ratio over 4 years is 1.05, with a median of 1.0 recorded in 2025.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio decreased 23.68% in 2024, then gained 0.13% in 2025.
- Over 4 years, Asset Utilization Ratio stood at 1.11 in 2023, then decreased by 12.82% to 0.96 in 2024, then gained by 0.13% to 0.96 in 2025, then declined by 9.72% to 0.87 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.87 (Q3 2026), 0.9 (Q1 2026), and 0.96 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.26 Bn | 20.53 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 12.25 Bn | 11.04 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 4.86 Bn | 3.93 Bn | 175.01 Mn | 0.47 |
| 4 | Solaredge Technologies | 2.25 Bn | 1.67 Bn | 95.15 Mn | 0.56 |
| 5 | T1 Energy | 1.29 Bn | 1.08 Bn | 49.10 Mn | 0.67 |
| 6 | Shoals Technologies | 1.19 Bn | 1.18 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 877.81 Mn | -588.69 Mn | 168.48 Mn | 0.32 |
| 8 | Array Technologies | 700.09 Mn | 392.79 Mn | 99.60 Mn | 0.79 |
| 9 | JinkoSolar Holding | 608.82 Mn | -2.07 Bn | 75.62 Mn | 0.47 |
| 10 | Toyo | 131.54 Mn | 21.49 Mn | 36.97 Mn | 0.79 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 0.87 |
| 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 |