Nextpower (NXT) Asset Utilization Ratio (2023 - 2026)

Nextpower's (NXT) 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 (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.

  • On a quarterly basis, Asset Utilization Ratio fell 5.65% year-over-year to 0.9 in Q1 2026; TTM through Mar 2026 was 0.9, a 5.65% decrease from a year earlier, with the FY2026 full-year figure at 0.98, down 5.45% from the prior year.
  • Asset Utilization Ratio slipped to 0.9 in Q1 2026 per NXT's latest filing, from 0.96 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.42 in Q1 2023 and bottomed at 0.9 in Q1 2026.
  • The 4-year median for Asset Utilization Ratio is 1.04 (2024), against an average of 1.06.
  • Across the five-year window, Asset Utilization Ratio slipped 23.68% in 2024 and advanced 0.13% in 2025, its largest moves.
  • Year by year, Asset Utilization Ratio 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.
  • Per Business Quant, the three latest NXT Asset Utilization Ratio figures stand at 0.9 (Q1 2026), 0.96 (Q4 2025), and 0.96 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 First Solar 22.08 Bn 19.65 Bn 486.13 Mn 0.41
2 Nextpower 15.32 Bn 14.23 Bn 297.38 Mn 0.90
3 Enphase Energy 4.98 Bn 4.05 Bn 100.39 Mn 0.45
4 JinkoSolar Holding 3.20 Bn -107.75 Mn 147.66 Mn 0.51
5 Solaredge Technologies 2.60 Bn 2.04 Bn 68.28 Mn 0.52
6 Sunrun 2.35 Bn 687.09 Mn 407.49 Mn 0.14
7 Shoals Technologies 1.55 Bn 1.55 Bn 41.01 Mn 0.55
8 Canadian Solar 925.64 Mn 166.07 Mn 124.40 Mn 0.74
9 Array Technologies 843.55 Mn 642.85 Mn 63.00 Mn 0.82
10 Toyo 182.74 Mn 106.10 Mn 47.76 Mn -

Historic Data

Download Data
DateValue
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