SmartRent (SMRT) Asset Utilization Ratio (2021 - 2026)

SmartRent (SMRT) posted Asset Utilization Ratio of 0.48 for Q1 2026, up 3.88% sequentially from 0.46 in Q4 2025, and up 14.3% YoY from 0.42 in Q1 2025.

SmartRent (SMRT) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

SmartRent has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.48 in Q1 2026.

  • Quarterly Asset Utilization Ratio rose 14.3% year-over-year to 0.48 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.48 (up 14.3% YoY) and the FY2025 annual result came in at 0.41, up 9.29% from the prior year.
  • Asset Utilization Ratio climbed to 0.48 in Q1 2026 per SMRT's latest filing, from 0.46 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.52 in Q2 2022 and troughed at 0.29 in Q3 2022.
  • A 5-year average of 0.42 and a median of 0.43 in 2024 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio soared 153.91% in 2022, then slipped 24.74% in 2023.
  • Over 5 years, Asset Utilization Ratio stood at 0.3 in 2022, then soared by 53.05% to 0.46 in 2023, then slipped by 12.85% to 0.4 in 2024, then gained by 15.22% to 0.46 in 2025, then advanced by 3.88% to 0.48 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.48, 0.46, and 0.44 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn 0.52
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 0.93
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 0.39
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 0.88
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 0.53
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 0.57
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn 0.34
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 0.85
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn 0.57
10 SmartRent 287.42 Mn 194.75 Mn 16.22 Mn 0.51

Historic Data

Download Data
DateValue
Jun 30, 2026 0.51
Mar 31, 2026 0.48
Dec 31, 2025 0.46
Sep 30, 2025 0.44
Jun 30, 2025 0.43
Mar 31, 2025 0.42
Dec 31, 2024 0.40
Sep 30, 2024 0.43
Jun 30, 2024 0.45
Mar 31, 2024 0.45
Dec 31, 2023 0.46
Sep 30, 2023 0.42
Jun 30, 2023 0.39
Mar 31, 2023 0.36
Dec 31, 2022 0.30
Sep 30, 2022 0.29
Jun 30, 2022 0.52
Mar 31, 2022 0.44
Dec 31, 2021 0.19
Sep 30, 2021 0.19