Nextpower NXT
NASDAQ NXT
$81.35 -1.02 (-1.24%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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