Spruce Power Holding (SPRU) Asset Utilization Ratio (2020 - 2025)
Spruce Power Holding (SPRU) posted quarterly Asset Utilization Ratio of 0.13 for Q4 2025, up 36.62% year-on-year from 0.1 in Q4 2024, and up 5.07% on a QoQ basis from 0.13 in Q3 2025.
Spruce Power Holding (SPRU) Asset Utilization Ratio (2020 - 2025) Analysis & Trends
Spruce Power Holding (SPRU) has reported Asset Utilization Ratio for 6 consecutive years, with 0.13 the latest figure, recorded in Q4 2025.
- Quarterly Asset Utilization Ratio rose 36.62% year-over-year to 0.13 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 0.13 (up 36.62% YoY) and the FY2025 annual result came in at 0.13, up 40.71% from the prior year.
- Asset Utilization Ratio grew to 0.13 in Q4 2025 per SPRU's latest filing, from 0.13 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for SPRU reached as high as 0.13 in Q4 2025 and fell as low as 0.01 in Q2 2022.
- A 5-year average of 0.07 and a median of 0.09 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio plunged 123.98% — and 2023, when it jumped 2747.89%.
- Year by year, Asset Utilization Ratio stood at 0.04 in 2021, then plunged by 39.82% to 0.03 in 2022, then surged by 227.24% to 0.09 in 2023, then rose by 11.0% to 0.1 in 2024, then soared by 36.62% to 0.13 in 2025.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.13, 0.13, and 0.11 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn | 0.41 |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn | 0.90 |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn | 0.45 |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn | 0.51 |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn | 0.52 |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn | 0.14 |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn | 0.55 |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn | 0.74 |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn | 0.82 |
| 10 | Spruce Power Holding | 38.83 Mn | -54.32 Mn | 16.96 Mn | 0.13 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.13 |
| Jun 30, 2025 | 0.11 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | 0.10 |
| Sep 30, 2024 | 0.09 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.09 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.09 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | 0.05 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | -0.01 |
| Mar 31, 2022 | 0.00 |
| Sep 30, 2021 | 0.04 |
| Jun 30, 2021 | 0.05 |
| Mar 31, 2021 | 0.05 |
| Dec 31, 2020 | 0.07 |