Nextpower (NXT) Asset Utilization Ratio (2023 - 2026)
Nextpower (NXT) recorded quarterly Asset Utilization Ratio of 0.9 in Q1 2026, down 6.29% quarter-over-quarter from 0.96 in Q4 2025, and down 5.65% on a YoY basis from 0.96 in Q1 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.
- In Q1 2026, Asset Utilization Ratio fell 5.65% year-over-year to 0.9; the TTM figure through Mar 2026 stood at 0.9 (down 5.65% YoY), while the FY2026 annual figure was 0.98, down 5.45% from the prior year.
- Asset Utilization Ratio was 0.9 for Q1 2026 at Nextpower, down from 0.96 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.42 in Q1 2023 to a low of 0.9 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.06 across 4 years, with a median of 1.04 in 2024.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio retreated 23.68% in 2024, then rose 0.13% in 2025.
- A 4-year view of Asset Utilization Ratio shows it 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.
- 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 | 28.68 Bn | 26.25 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | 0.90 |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | 0.45 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | 0.52 |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | 0.14 |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 0.55 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 0.82 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | 0.51 |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | 1.44 |
| 10 | Skycorp Solar | 110.38 Mn | 103.60 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 |