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| Date | Value |
|---|---|
| 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 |