Polar Power (POLA) Asset Utilization Ratio (2018 - 2026)
Polar Power's (POLA) Asset Utilization Ratio was 0.43 for Q2 2026, down 40.9% from 0.72 a year earlier and down 26.0% from the prior quarter.
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Analysis
Polar Power (POLA) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Polar Power was 0.45, down 31.0% from FY2024.
- By year, Asset Utilization Ratio came in at 0.65 in FY2024 (+5.5%), 0.62 in FY2023 (-1.1%), 0.63 in FY2022 (-16.8%) and 0.75 in FY2021 (+72.0%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q1 2021.
- Year over year, Asset Utilization Ratio has now declined in each of the last four quarters, with growth averaging 2.5% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q3 2021 (growth of 60.0%); the low point was Q2 2026 (a decline of 40.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.58 (Q1 2026), 0.55 (Q4 2025) and 0.58 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.01 |
| 10 | Polar Power | 4.61 Mn | 4.20 Mn | -337,000.00 | 0.43 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.43 |
| 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 |
API Access
Polar Power Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=POLA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "POLA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=POLA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();