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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |