SolarMax Technology SMXT
NASDAQ SMXT
$2.34 -0.08 (-3.31%)
At close: Sep 11, 2026 · 4:00 PM EDT

SolarMax Technology (SMXT) Asset Utilization Ratio (2024 - 2026)

SolarMax Technology's (SMXT) quarterly Asset Utilization Ratio came in at 1.0 in Q1 2026, up 60.11% year-over-year from 0.63 in Q1 2025, and down 17.47% quarter-over-quarter from 1.21 in Q4 2025.

Analysis

SolarMax Technology (SMXT) Asset Utilization Ratio (2024 - 2026) Analysis & Trends

SolarMax Technology (SMXT) has reported Asset Utilization Ratio for 3 consecutive years, with 1.0 the latest figure, recorded in Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 60.11% year-over-year to 1.0 in Q1 2026; TTM through Mar 2026 was 1.0, a 60.11% increase from a year earlier, with the FY2025 full-year figure at 1.4, up 165.92% from the prior year.
  • Asset Utilization Ratio was 1.0 for Q1 2026 at SolarMax Technology, down from 1.21 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.21 in Q4 2025 and troughed at 0.56 in Q4 2024.
  • A 3-year average of 0.82 and a median of 0.69 in 2024 frame the typical range for Asset Utilization Ratio.
  • The widest YoY moves for Asset Utilization Ratio: up 115.59% in 2025, down 31.28% in 2025.
  • Over 3 years, Asset Utilization Ratio stood at 0.56 in 2024, then surged by 115.59% to 1.21 in 2025, then dropped by 17.47% to 1.0 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.0 (Q1 2026), 1.21 (Q4 2025), and 1.05 (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Sunrun 2.06 Bn 2.96 Bn 527.54 Mn 0.15
2 SunPower 51.51 Mn 47.41 Mn 24.96 Mn 2.11
3 SUNation Energy 20.84 Mn 17.78 Mn 2.13 Mn 1.52
4 Zeo Energy 18.90 Mn 33.89 Mn 7.62 Mn 1.28
5 SolarMax Technology 11.10 Mn 6.51 Mn 3.05 Mn 1.00
6 Founder 1.80 Mn -28.08 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2026 1.00
Dec 31, 2025 1.21
Sep 30, 2025 1.05
Jun 30, 2025 0.69
Mar 31, 2025 0.63
Dec 31, 2024 0.56
Sep 30, 2024 0.61
Jun 30, 2024 0.69
Mar 31, 2024 0.91