Sps Commerce (SPSC) Asset Utilization Ratio (2011 - 2026)
Sps Commerce's (SPSC) Asset Utilization Ratio stood at 0.69 in Q3 2026, up 7.9% from 0.64 a year earlier and up 2.3% from the prior quarter.
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Analysis
Sps Commerce (SPSC) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Sps Commerce's Asset Utilization Ratio came in at 0.68, down 0.7% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 0.69 in FY2024 (-4.2%), 0.72 in FY2023 (+2.5%), 0.70 in FY2022 (+3.7%) and 0.67 in FY2021 (+5.1%).
- The Q3 2026 figure is the highest quarterly Asset Utilization Ratio since Q2 2012.
- On a year-over-year basis, Asset Utilization Ratio has increased for four consecutive quarters, with an average decline of 0.2% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 9.0% in Q3 2022, against a decline of 8.4% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.68 (Q2 2026), 0.65 (Q1 2026) and 0.65 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 49.39 Bn | 21.63 Bn | 695.95 Mn | 0.38 |
| 3 | Samsara | 23.96 Bn | 20.73 Bn | 392.58 Mn | 0.69 |
| 4 | Ptc | 22.37 Bn | 21.18 Bn | 490.47 Mn | 0.45 |
| 5 | Toast | 20.05 Bn | 12.69 Bn | 543.00 Mn | 2.18 |
| 6 | Manhattan Associates | 14.85 Bn | 13.91 Bn | 174.30 Mn | 1.60 |
| 7 | Bentley Systems | 13.89 Bn | 13.37 Bn | 349.55 Mn | 0.46 |
| 8 | Trimble | 12.57 Bn | 11.65 Bn | 659.10 Mn | 0.45 |
| 9 | Costar | 12.28 Bn | 7.66 Bn | 741.00 Mn | 0.36 |
| 10 | Sps Commerce | 2.94 Bn | 2.28 Bn | 140.55 Mn | 0.69 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.69 |
| Jun 30, 2026 | 0.68 |
| Mar 31, 2026 | 0.65 |
| Dec 31, 2025 | 0.65 |
| Sep 30, 2025 | 0.64 |
| Jun 30, 2025 | 0.63 |
| Mar 31, 2025 | 0.63 |
| Dec 31, 2024 | 0.63 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.69 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.67 |
| Jun 30, 2023 | 0.69 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.69 |
| Sep 30, 2022 | 0.69 |
| Jun 30, 2022 | 0.67 |
| Mar 31, 2022 | 0.65 |
| Dec 31, 2021 | 0.64 |
API Access
Sps Commerce Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SPSC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SPSC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SPSC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();