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

SmartRent's (SMRT) quarterly Asset Utilization Ratio came in at 0.48 in Q1 2026, up 14.3% year-on-year from 0.42 in Q1 2025, and up 3.88% quarter-over-quarter from 0.46 in Q4 2025.

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

SmartRent has disclosed Asset Utilization Ratio across 6 years of filings, most recently posting 0.48 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.48, up 14.3% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.48 (up 14.3% YoY), and the FY2025 annual result was 0.41, up 9.29% from the prior year.
  • Asset Utilization Ratio came in at 0.48 for Q1 2026 at SmartRent, up from 0.46 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.48 in Q1 2026 to a low of 0.22 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.42 (2025), against an average of 0.39.
  • Across the five-year window, Asset Utilization Ratio surged 63.18% in 2023 and declined 12.85% in 2024, its largest moves.
  • SmartRent's Asset Utilization Ratio stood at 0.3 in 2022, then jumped by 53.05% to 0.46 in 2023, then retreated by 12.85% to 0.4 in 2024, then increased by 15.22% to 0.46 in 2025, then rose by 3.88% to 0.48 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.48 (Q1 2026), 0.46 (Q4 2025), and 0.44 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 0.51
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 0.88
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn 0.84
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 0.39
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 0.50
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 0.55
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 0.29
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 0.85
10 SmartRent 209.86 Mn 111.04 Mn 15.12 Mn 0.48

Historic Data

Download Data
DateValue
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 0.25
Mar 31, 2022 0.22
Dec 31, 2021 0.19
Sep 30, 2021 0.19
Jun 30, 2021 0.20