Planet Labs PBC (PL) Asset Utilization Ratio (2022 - 2026)
Planet Labs PBC (PL) posted Asset Utilization Ratio of 0.28 for Q2 2026, up 2.45% sequentially from 0.27 in Q1 2026, and down 27.69% YoY from 0.39 in Q2 2025.
Planet Labs PBC (PL) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Planet Labs PBC has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.28 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 27.69% year-over-year to 0.28 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 0.28 (down 27.69% YoY) and the FY2026 annual result came in at 0.35, down 5.46% from the prior year.
- Asset Utilization Ratio rose to 0.28 in Q2 2026 per PL's latest filing, from 0.27 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.39 in Q3 2025 and troughed at 0.17 in Q2 2022.
- A 5-year average of 0.3 and a median of 0.3 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio surged 59.94% in 2023, then dropped 29.28% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.23 in 2022, then climbed by 29.39% to 0.3 in 2023, then rose by 25.13% to 0.37 in 2024, then decreased by 16.4% to 0.31 in 2025, then dropped by 10.66% to 0.28 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.28, 0.27, and 0.31 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 363.91 Bn | 354.56 Bn | 6.95 Bn | 0.40 |
| 2 | Rtx | 284.69 Bn | 276.39 Bn | 9.91 Bn | 0.54 |
| 3 | Boeing | 168.68 Bn | 148.66 Bn | 2.41 Bn | 0.57 |
| 4 | Lockheed Martin | 130.45 Bn | 126.66 Bn | 2.45 Bn | 1.27 |
| 5 | Howmet Aerospace | 109.01 Bn | 108.45 Bn | 951.00 Mn | 0.69 |
| 6 | General Dynamics | 103.38 Bn | 99.04 Bn | 6.76 Bn | 0.92 |
| 7 | Northrop Grumman | 78.42 Bn | 76.12 Bn | 3.72 Bn | 0.85 |
| 8 | TransDigm | 68.57 Bn | 65.79 Bn | 1.63 Bn | 0.38 |
| 9 | Axon Enterprise | 51.18 Bn | 50.51 Bn | 546.45 Mn | 0.44 |
| 10 | Planet Labs PBC | 7.65 Bn | 6.92 Bn | 50.40 Mn | 0.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 0.28 |
| Jan 31, 2026 | 0.27 |
| Oct 31, 2025 | 0.31 |
| Jul 31, 2025 | 0.39 |
| Apr 30, 2025 | 0.39 |
| Jan 31, 2025 | 0.39 |
| Oct 31, 2024 | 0.37 |
| Jul 31, 2024 | 0.35 |
| Apr 30, 2024 | 0.33 |
| Jan 31, 2024 | 0.31 |
| Oct 31, 2023 | 0.30 |
| Jul 31, 2023 | 0.29 |
| Apr 30, 2023 | 0.28 |
| Jan 31, 2023 | 0.26 |
| Oct 31, 2022 | 0.23 |
| Jul 31, 2022 | 0.20 |
| Apr 30, 2022 | 0.17 |