Nextpower (NXT) Asset Utilization Ratio (2023 - 2026)
Nextpower (NXT) posted quarterly Asset Utilization Ratio of 0.87 for Q3 2026, down 7.63% year-over-year from 0.94 in Q3 2025, and down 3.66% on a QoQ basis from 0.9 in Q1 2026.
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.
- Asset Utilization Ratio for Q3 2026 came in at 0.87, down 7.63% year-over-year; the trailing twelve-month figure through Jul 2026 was 0.87 (down 7.63% YoY), and the FY2026 annual result was 0.98, down 5.45% from the prior year.
- Asset Utilization Ratio retreated to 0.87 in Q3 2026, from 0.9 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.42 in Q1 2023 and troughed at 0.87 in Q3 2026.
- A 4-year average of 1.05 and a median of 1.0 in 2025 frame the typical range for Asset Utilization Ratio.
- The widest annual swing landed in 2024, when Asset Utilization Ratio dropped 23.68%; it then climbed 0.13% in 2025.
- A 4-year view of Asset Utilization Ratio shows it stood at 1.11 in 2023, then fell by 12.82% to 0.96 in 2024, then increased by 0.13% to 0.96 in 2025, then slipped by 9.72% to 0.87 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.87 in Q3 2026, 0.9 in Q1 2026, and 0.96 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 23.03 Bn | 21.30 Bn | 605.00 Mn | 0.40 |
| 2 | Nextpower | 13.25 Bn | 12.03 Bn | 335.85 Mn | 0.87 |
| 3 | Enphase Energy | 5.07 Bn | 4.13 Bn | 175.01 Mn | 0.47 |
| 4 | Sunrun | 2.24 Bn | 2.24 Bn | 527.54 Mn | 0.15 |
| 5 | Solaredge Technologies | 1.89 Bn | 1.31 Bn | 95.15 Mn | 0.56 |
| 6 | Shoals Technologies | 1.24 Bn | 1.22 Bn | 49.53 Mn | 0.57 |
| 7 | Canadian Solar | 991.33 Mn | -596.96 Mn | 124.40 Mn | 0.74 |
| 8 | JinkoSolar Holding | 831.90 Mn | -2.48 Bn | 147.66 Mn | 0.51 |
| 9 | Array Technologies | 727.79 Mn | 420.48 Mn | 99.60 Mn | 0.79 |
| 10 | Toyo | 170.12 Mn | 93.48 Mn | 47.76 Mn | - |
Historic Data
Download 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 |