Polar Power (POLA) Asset Utilization Ratio (2018 - 2026)
Polar Power (POLA) posted quarterly Asset Utilization Ratio of 0.58 for Q1 2026, down 29.29% year-over-year from 0.82 in Q1 2025, and up 4.19% quarter-over-quarter from 0.55 in Q4 2025.
Polar Power (POLA) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Polar Power's Asset Utilization Ratio history runs 9 years deep, the most recent figure standing at 0.58 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 29.29% year-over-year to 0.58; the TTM figure through Mar 2026 stood at 0.58 (down 29.29% YoY), while the FY2025 annual figure was 0.45, down 30.97% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.58, up from 0.55 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.82 in Q1 2025, with the low at 0.52 in Q2 2024.
- The 5-year median for Asset Utilization Ratio is 0.63 (2022), against an average of 0.63.
- The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio jumped 59.47% in 2022, then decreased 29.29% in 2026.
- Polar Power's Asset Utilization Ratio stood at 0.65 in 2022, then declined by 11.83% to 0.57 in 2023, then gained by 27.44% to 0.73 in 2024, then retreated by 23.83% to 0.55 in 2025, then grew by 4.19% to 0.58 in 2026.
- Business Quant data shows POLA's Asset Utilization Ratio at 0.58 in Q1 2026, 0.55 in Q4 2025, and 0.58 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 0.78 |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 0.60 |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 0.61 |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 1.35 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 0.68 |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 1.00 |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 0.89 |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 0.95 |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 0.33 |
| 10 | Polar Power | 5.54 Mn | 5.36 Mn | -337,000.00 | 0.43 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | 0.55 |
| Sep 30, 2025 | 0.58 |
| Jun 30, 2025 | 0.72 |
| Mar 31, 2025 | 0.82 |
| Dec 31, 2024 | 0.73 |
| Sep 30, 2024 | 0.69 |
| Jun 30, 2024 | 0.52 |
| Mar 31, 2024 | 0.52 |
| Dec 31, 2023 | 0.57 |
| Sep 30, 2023 | 0.64 |
| Dec 31, 2022 | 0.65 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.63 |
| Mar 31, 2022 | 0.65 |
| Dec 31, 2021 | 0.62 |
| Sep 30, 2021 | 0.54 |
| Jun 30, 2021 | 0.46 |
| Mar 31, 2021 | 0.41 |
| Dec 31, 2020 | 0.46 |