Pineapple Financial (PAPL) Asset Utilization Ratio (2023 - 2026)

Pineapple Financial's (PAPL) quarterly Asset Utilization Ratio came in at 0.1 in Q1 2026, down 86.66% year-on-year from 0.73 in Q1 2025, and down 73.36% quarter-over-quarter from 0.37 in Q4 2025.

Pineapple Financial (PAPL) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

Pineapple Financial has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.1 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.1, down 86.66% year-over-year; the trailing twelve-month figure through Feb 2026 was 0.1 (down 86.66% YoY), and the FY2025 annual result was 0.63, up 1.87% from the prior year.
  • Asset Utilization Ratio came in at 0.1 for Q1 2026 at Pineapple Financial, down from 0.37 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.73 in Q1 2025 to a low of 0.1 in Q1 2026.
  • The 4-year median for Asset Utilization Ratio is 0.56 (2024), against an average of 0.52.
  • Across the five-year window, Asset Utilization Ratio soared 80.87% in 2024 and slumped 86.66% in 2026, its largest moves.
  • Pineapple Financial's Asset Utilization Ratio stood at 0.4 in 2023, then jumped by 80.87% to 0.73 in 2024, then plunged by 49.8% to 0.37 in 2025, then plunged by 73.36% to 0.1 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.1 (Q1 2026), 0.37 (Q4 2025), and 0.59 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Rocket Companies 37.42 Bn 34.73 Bn - 0.14
2 PennyMac Financial Services 4.27 Bn 3.77 Bn 523.89 Mn 0.10
3 Walker & Dunlop 1.77 Bn 1.59 Bn - 0.23
4 UWM Holdings 728.84 Mn 1.55 Bn - 0.19
5 Velocity Financial 676.73 Mn 592.27 Mn - -
6 CNFinance Holdings 606.48 Mn 557.67 Mn - -
7 Better Home & Finance Holding 411.40 Mn 341.12 Mn - -0.01
8 Onity 314.31 Mn 314.31 Mn - 0.06
9 loanDepot 211.55 Mn -2.94 Mn - 0.17
10 Pineapple Financial 81,930.94 -17.82 Mn - 0.10

Historic Data

Download Data
DateValue
Feb 28, 2026 0.10
Nov 30, 2025 0.37
Aug 31, 2025 0.59
May 31, 2025 0.69
Feb 28, 2025 0.73
Nov 30, 2024 0.73
Aug 31, 2024 0.67
May 31, 2024 0.54
Feb 29, 2024 0.42
Nov 30, 2023 0.40