Pineapple Financial (PAPL) Asset Utilization Ratio (2023 - 2026)
Pineapple Financial's (PAPL) Asset Utilization Ratio stood at 0.04 in the quarter ended May 31, 2026, down 93.5% from 0.69 a year earlier and down 54.3% from the prior quarter.
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Analysis
Pineapple Financial (PAPL) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For the year ended Aug 31, 2025, Pineapple Financial's Asset Utilization Ratio came in at 0.63, up 1.9% from the prior year.
- Across earlier years, Asset Utilization Ratio came in at 0.62 in the year ended Aug 31, 2024 (+36.2%) and 0.45 in the year ended Aug 31, 2023.
- The figure for the quarter ended May 31, 2026 is the lowest quarterly Asset Utilization Ratio in data going back to the quarter ended Nov 30, 2023.
- On a year-over-year basis, Asset Utilization Ratio has declined for four consecutive quarters, with an average decline of 8.4% over the last seven quarters.
- Per Business Quant, the preceding three quarters came in at 0.10 (quarter ended Feb 28, 2026), 0.37 (quarter ended Nov 30, 2025) and 0.59 (quarter ended Aug 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | 0.17 |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | 0.20 |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | 0.13 |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | 0.01 |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | 0.29 |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | 0.16 |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 0.16 |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Pineapple Financial | 24.51 Mn | -7.49 Mn | - | 0.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.04 |
| 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 |
API Access
Pineapple Financial 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=PAPL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PAPL", "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=PAPL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();