Plexus (PLXS) Asset Utilization Ratio (2010 - 2026)
Plexus' (PLXS) quarterly Asset Utilization Ratio came in at 1.31 in Q3 2026, up 1.09% on a YoY basis from 1.3 in Q3 2025, and little changed quarter-over-quarter from 1.32 in Q2 2026.
Analysis
Plexus (PLXS) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Plexus (PLXS) has reported Asset Utilization Ratio for 17 consecutive years, with 1.31 the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Asset Utilization Ratio rose 1.09% year-over-year to 1.31; the trailing twelve-month figure through Jul 2026 stood at 1.31 (up 1.09% YoY), and the FY2025 full-year result was 1.28, up 4.8% from the prior year.
- Asset Utilization Ratio held at 1.31 in Q3 2026 per PLXS's latest filing, from 1.32 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.32 in Q2 2026 and bottomed at 1.14 in Q3 2022.
- Historically, Asset Utilization Ratio has averaged 1.25 across 5 years, with a median of 1.26 in 2023.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio declined 24.45% in 2022, then rose 11.19% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 1.2 in 2022, then increased by 2.74% to 1.24 in 2023, then climbed by 2.68% to 1.27 in 2024, then gained by 1.7% to 1.29 in 2025, then advanced by 1.73% to 1.31 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.31, 1.32, and 1.31 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 40.04 Bn | 37.20 Bn | 747.00 Mn | 1.24 |
| 2 | Celestica | 37.46 Bn | 36.92 Bn | 577.50 Mn | 1.73 |
| 3 | Jabil | 31.87 Bn | 30.51 Bn | 828.00 Mn | 1.51 |
| 4 | Fabrinet | 14.50 Bn | 13.62 Bn | 158.05 Mn | 1.25 |
| 5 | Ttm Technologies | 12.83 Bn | 12.31 Bn | 211.86 Mn | 0.80 |
| 6 | Sanmina | 11.06 Bn | 9.22 Bn | 363.31 Mn | 1.32 |
| 7 | Plexus | 6.58 Bn | 6.26 Bn | 131.38 Mn | 1.31 |
| 8 | Benchmark Electronics | 2.64 Bn | 2.33 Bn | 78.40 Mn | 1.31 |
| 9 | Kimball Electronics | 614.98 Mn | 526.05 Mn | 32.95 Mn | 1.30 |
| 10 | Eltek | 54.40 Mn | 42.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 1.31 |
| Apr 4, 2026 | 1.32 |
| Jan 3, 2026 | 1.31 |
| Sep 27, 2025 | 1.29 |
| Jun 28, 2025 | 1.30 |
| Mar 29, 2025 | 1.29 |
| Dec 28, 2024 | 1.27 |
| Sep 28, 2024 | 1.25 |
| Jun 29, 2024 | 1.22 |
| Mar 30, 2024 | 1.21 |
| Dec 30, 2023 | 1.24 |
| Sep 30, 2023 | 1.25 |
| Jul 1, 2023 | 1.27 |
| Apr 1, 2023 | 1.26 |
| Dec 31, 2022 | 1.20 |
| Oct 1, 2022 | 1.16 |
| Jul 2, 2022 | 1.14 |
| Apr 2, 2022 | 1.18 |
| Jan 1, 2022 | 1.30 |
| Oct 2, 2021 | 1.41 |