RideNow (RDNW) Asset Utilization Ratio (2017 - 2025)
RideNow (RDNW) recorded quarterly Asset Utilization Ratio of 1.58 in Q4 2025, up 1.63% quarter-over-quarter from 1.55 in Q3 2025, and up 3.39% on a YoY basis from 1.53 in Q4 2024.
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 was 1.58 for Q4 2025 at RideNow, up from 1.55 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 4.5 in Q1 2021 to a low of 0.91 in Q4 2021.
- Historically, Asset Utilization Ratio has averaged 1.66 across 5 years, with a median of 1.43 in 2023.
- The sharpest annual moves came in 2021 and 2022: Asset Utilization Ratio slumped 87.14% in 2021, then surged 48.56% in 2022.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.91 in 2021, then soared by 48.56% to 1.35 in 2022, then increased by 2.24% to 1.38 in 2023, then rose by 10.8% to 1.53 in 2024, then rose by 3.39% to 1.58 in 2025.
- The last three Asset Utilization Ratio figures came in at 1.58 (Q4 2025), 1.55 (Q3 2025), and 1.53 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | 1.95 |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 1.67 |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | 1.00 |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 1.48 |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 1.90 |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 1.50 |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 0.54 |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 0.42 |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 2.20 |
| 10 | RideNow | 277.10 Mn | 247.60 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 |