SmartRent (SMRT) Asset Utilization Ratio (2021 - 2026)
SmartRent recorded quarterly Asset Utilization Ratio of 0.48 in Q1 2026, up 3.88% quarter-over-quarter from 0.46 in Q4 2025, and up 14.3% year-over-year from 0.42 in Q1 2025.
SmartRent's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.48 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 14.3% year-over-year to 0.48; the TTM figure through Mar 2026 stood at 0.48 (up 14.3% YoY), while the FY2025 annual figure 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.
- A 5-year average of 0.39 and a median of 0.42 in 2025 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio soared 63.18% in 2023 and fell 12.85% in 2024, its largest moves.
- SmartRent's Asset Utilization Ratio stood at 0.3 in 2022, then surged by 53.05% to 0.46 in 2023, then decreased by 12.85% to 0.4 in 2024, then rose by 15.22% to 0.46 in 2025, then gained 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | 0.51 |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 0.40 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 0.88 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 0.84 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 0.55 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 0.50 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 0.83 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 0.29 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 0.57 |
| 10 | SmartRent | 245.32 Mn | 146.50 Mn | 15.12 Mn | 0.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |