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| 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 |