Polar Power (POLA) Asset Utilization Ratio (2018 - 2026)
Polar Power's quarterly Asset Utilization Ratio came in at 0.58 in Q1 2026, down 29.29% year-on-year from 0.82 in Q1 2025, and up 4.19% quarter-over-quarter from 0.55 in Q4 2025.
Polar Power has reported Asset Utilization Ratio for 9 years, with the latest figure at 0.58 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 29.29% year-over-year to 0.58; the trailing twelve-month figure through Mar 2026 stood at 0.58 (down 29.29% YoY), and the FY2025 full-year result 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.
- Average Asset Utilization Ratio over 5 years is 0.63, with a median of 0.63 recorded in 2022.
- Year-over-year, Asset Utilization Ratio jumped 59.47% in 2022 and declined 29.29% in 2026.
- Tracing POLA's Asset Utilization Ratio over 5 years: stood at 0.65 in 2022, then retreated by 11.83% to 0.57 in 2023, then climbed by 27.44% to 0.73 in 2024, then slipped by 23.83% to 0.55 in 2025, then rose 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 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 0.85 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 0.54 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.63 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 0.72 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 0.74 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 1.00 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 1.00 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 0.93 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 0.30 |
| 10 | Polar Power | 7.16 Mn | 7.14 Mn | 1.14 Mn | 0.58 |
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 |
| Sep 30, 2020 | 0.34 |
| Jun 30, 2020 | 0.52 |
| Mar 31, 2020 | 0.85 |
| Dec 31, 2019 | 0.94 |
| Sep 30, 2019 | 1.10 |
| Jun 30, 2019 | 1.03 |
| Mar 31, 2019 | 0.99 |
| Dec 31, 2018 | 0.96 |