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

Polar Power's (POLA) 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 (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.

  • On a quarterly basis, Asset Utilization Ratio fell 29.29% year-over-year to 0.58 in Q1 2026; TTM through Mar 2026 was 0.58, a 29.29% decrease from a year earlier, with the FY2025 full-year figure at 0.45, down 30.97% from the prior year.
  • Asset Utilization Ratio grew to 0.58 in Q1 2026 per POLA's latest filing, from 0.55 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.82 in Q1 2025 and bottomed at 0.52 in Q2 2024.
  • The 5-year median for Asset Utilization Ratio is 0.63 (2022), against an average of 0.63.
  • Across the five-year window, Asset Utilization Ratio jumped 59.47% in 2022 and declined 29.29% in 2026, its largest moves.
  • Year by year, Asset Utilization Ratio 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.
  • Per Business Quant, the three latest POLA Asset Utilization Ratio figures stand at 0.58 (Q1 2026), 0.55 (Q4 2025), and 0.58 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 0.69
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 0.85
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 0.54
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 0.72
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 0.63
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 0.74
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 1.00
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 1.00
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 0.93
10 Polar Power 5.46 Mn 5.44 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