Polar Power (POLA) Asset Utilization Ratio (2018 - 2026)

Polar Power (POLA) recorded quarterly Asset Utilization Ratio of 0.58 in Q1 2026, up 4.19% quarter-over-quarter from 0.55 in Q4 2025, and down 29.29% on a YoY basis from 0.82 in Q1 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 was 0.58 for Q1 2026 at Polar Power, up from 0.55 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.82 in Q1 2025 to a low of 0.52 in Q2 2024.
  • Historically, Asset Utilization Ratio has averaged 0.63 across 5 years, with a median of 0.63 in 2022.
  • The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio surged 59.47% in 2022, then slipped 29.29% in 2026.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.65 in 2022, then fell by 11.83% to 0.57 in 2023, then advanced by 27.44% to 0.73 in 2024, then decreased by 23.83% to 0.55 in 2025, then increased by 4.19% to 0.58 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.58 (Q1 2026), 0.55 (Q4 2025), and 0.58 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 0.85
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 0.54
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 0.63
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 0.72
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 0.74
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 1.00
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 0.14
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 1.00
10 Polar Power 6.05 Mn 6.02 Mn 1.14 Mn 0.58

Historic Data

Download Data
DateValue
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