Ocean Power Technologies (OPTT) Asset Utilization Ratio (2011 - 2025)
Ocean Power Technologies' (OPTT) Asset Utilization Ratio came in at 0.17 for fiscal Q1 2026 (quarter ended Jul 31, 2025), down 11.2% from 0.19 a year earlier and down 5.2% from the prior quarter.
Ocean Power Technologies (OPTT) Asset Utilization Ratio (2011 - 2025) Analysis & Trends
For FY2025 (ended Apr 30, 2025), Ocean Power Technologies' Asset Utilization Ratio stood at 0.20, up 46.3% from FY2024.
- Annual Asset Utilization Ratio has increased for three consecutive fiscal years.
- In prior fiscal years, Ocean Power Technologies' Asset Utilization Ratio was 0.13 in FY2024 (+212.3%), 0.04 in FY2023 (+95.8%), 0.02 in FY2022 (-8.8%) and 0.02 in FY2021 (-77.1%).
- The fiscal Q1 2026 figure stands as the lowest quarterly Asset Utilization Ratio since fiscal Q3 2024.
- On a year-over-year basis, Asset Utilization Ratio increased in seven of the last eight quarters, with growth averaging 132.9%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q4 2024, with growth of 259.5%; the weakest was fiscal Q1 2022, with a decline of 86.8%.
- According to Business Quant data, Asset Utilization Ratio for the three prior fiscal quarters was 0.18 (Q4 2025), 0.20 (Q3 2025) and 0.25 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 324.09 Bn | 278.09 Bn | 4.68 Bn | 0.40 |
| 2 | Rtx | 250.22 Bn | 223.44 Bn | 5.13 Bn | 0.54 |
| 3 | Boeing | 147.08 Bn | 53.78 Bn | 2.41 Bn | 0.57 |
| 4 | Lockheed Martin | 117.51 Bn | 104.24 Bn | 2.45 Bn | 1.27 |
| 5 | Howmet Aerospace | 90.46 Bn | 86.07 Bn | 951.00 Mn | 0.69 |
| 6 | General Dynamics | 89.77 Bn | 76.88 Bn | 2.18 Bn | 0.92 |
| 7 | Motorola Solutions | 73.88 Bn | 70.24 Bn | 1.68 Bn | 0.64 |
| 8 | Northrop Grumman | 68.68 Bn | 57.92 Bn | 2.12 Bn | 0.85 |
| 9 | Honeywell International | 66.86 Bn | 19.30 Bn | 3.65 Bn | 0.50 |
| 10 | Ocean Power Technologies | 10.20 Mn | -22.15 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2025 | 0.17 |
| Apr 30, 2025 | 0.18 |
| Jan 31, 2025 | 0.20 |
| Oct 31, 2024 | 0.25 |
| Jul 31, 2024 | 0.19 |
| Apr 30, 2024 | 0.17 |
| Jan 31, 2024 | 0.13 |
| Oct 31, 2023 | 0.09 |
| Jul 31, 2023 | 0.07 |
| Apr 30, 2023 | 0.05 |
| Jan 31, 2023 | 0.04 |
| Oct 31, 2022 | 0.03 |
| Jul 31, 2022 | 0.03 |
| Apr 30, 2022 | 0.02 |
| Jan 31, 2022 | 0.02 |
| Oct 31, 2021 | 0.02 |
| Jul 31, 2021 | 0.02 |
| Apr 30, 2021 | 0.01 |
| Jan 31, 2021 | 0.02 |
| Oct 31, 2020 | 0.09 |
Ocean Power Technologies Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=OPTT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "OPTT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=OPTT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();