Nextpower (NXT) Asset Utilization Ratio (2023 - 2026)
Nextpower's 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 has reported Asset Utilization Ratio for 4 years, with the latest figure at 0.9 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 5.65% year-over-year to 0.9; the trailing twelve-month figure through Mar 2026 stood at 0.9 (down 5.65% YoY), and the FY2026 full-year result was 0.98, down 5.45% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.9, down from 0.96 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.42 in Q1 2023, with the low at 0.9 in Q1 2026.
- Average Asset Utilization Ratio over 4 years is 1.06, with a median of 1.04 recorded in 2024.
- Year-over-year, Asset Utilization Ratio slipped 23.68% in 2024 and advanced 0.13% in 2025.
- Tracing NXT's Asset Utilization Ratio over 4 years: 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 retreated by 6.29% to 0.9 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.9 (Q1 2026), 0.96 (Q4 2025), and 0.96 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | 0.90 |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 0.74 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | 0.45 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | 0.52 |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | 0.14 |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 0.55 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 0.82 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | 0.51 |
| 10 | Tigo Energy | 288.14 Mn | 276.56 Mn | 10.79 Mn | 1.44 |
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 |