RideNow (RDNW) Asset Utilization Ratio (2017 - 2025)
RideNow (RDNW) posted quarterly Asset Utilization Ratio of 1.58 for Q4 2025, up 3.39% year-over-year from 1.53 in Q4 2024, and up 1.63% quarter-over-quarter from 1.55 in Q3 2025.
RideNow (RDNW) Asset Utilization Ratio (2017 - 2025) Analysis & Trends
RideNow's Asset Utilization Ratio history runs 9 years deep, the most recent figure standing at 1.58 for Q4 2025.
- In Q4 2025, Asset Utilization Ratio rose 3.39% year-over-year to 1.58; the TTM figure through Dec 2025 stood at 1.58 (up 3.39% YoY), while the FY2025 annual figure was 1.52, up 5.36% from the prior year.
- Asset Utilization Ratio for Q4 2025 stood at 1.58, up from 1.55 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 4.5 in Q1 2021, with the low at 0.91 in Q4 2021.
- The 5-year median for Asset Utilization Ratio is 1.43 (2023), against an average of 1.66.
- The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio sank 88.1% in 2021, then jumped 48.56% in 2022.
- RideNow's Asset Utilization Ratio stood at 0.91 in 2021, then surged by 48.56% to 1.35 in 2022, then grew by 2.24% to 1.38 in 2023, then increased by 10.8% to 1.53 in 2024, then increased by 3.39% to 1.58 in 2025.
- Business Quant data shows RDNW's Asset Utilization Ratio at 1.58 in Q4 2025, 1.55 in Q3 2025, and 1.53 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.07 Bn | 79.06 Bn | - | - |
| 2 | Carvana | 51.70 Bn | 48.95 Bn | 1.38 Bn | 1.77 |
| 3 | Penske Automotive | 14.30 Bn | 14.23 Bn | 1.36 Bn | 1.75 |
| 4 | Lithia Motors | 8.60 Bn | 8.23 Bn | 1.50 Bn | 1.46 |
| 5 | Carmax | 8.33 Bn | 7.73 Bn | 854.41 Mn | 0.99 |
| 6 | Autonation | 7.00 Bn | 6.95 Bn | 1.23 Bn | 1.82 |
| 7 | Rush Enterprises Inc \Tx\ | 6.32 Bn | 6.06 Bn | 361.67 Mn | 3.20 |
| 8 | Autozi Internet Technology (Global) | 6.28 Bn | 6.10 Bn | - | - |
| 9 | Valvoline | 4.26 Bn | 4.17 Bn | 214.90 Mn | 0.57 |
| 10 | RideNow | 244.72 Mn | 231.32 Mn | 70.90 Mn | 1.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.58 |
| Sep 30, 2025 | 1.55 |
| Jun 30, 2025 | 1.53 |
| Mar 31, 2025 | 1.53 |
| Dec 31, 2024 | 1.53 |
| Sep 30, 2024 | 1.45 |
| Jun 30, 2024 | 1.44 |
| Mar 31, 2024 | 1.47 |
| Dec 31, 2023 | 1.38 |
| Sep 30, 2023 | 1.32 |
| Jun 30, 2023 | 1.38 |
| Mar 31, 2023 | 1.41 |
| Dec 31, 2022 | 1.35 |
| Sep 30, 2022 | 1.30 |
| Jun 30, 2022 | 1.21 |
| Mar 31, 2022 | 1.13 |
| Dec 31, 2021 | 0.91 |
| Sep 30, 2021 | 0.99 |
| Jun 30, 2021 | 4.22 |
| Mar 31, 2021 | 4.50 |