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
DateValue
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