Wix.com (WIX) Asset Utilization Ratio (2014 - 2023)

Wix.com (WIX) posted Asset Utilization Ratio of 0.84 for Q2 2023, up 17.54% sequentially from 0.72 in Q1 2023.

Wix.com (WIX) Asset Utilization Ratio (2014 - 2023) Analysis & Trends

Wix.com (WIX) has 8 years of Asset Utilization Ratio data on file, last reported at 0.84 in Q2 2023.

  • Quarterly Asset Utilization Ratio changed N/A year-over-year to 0.84 in Q2 2023, while the trailing twelve-month figure through Jun 2023 was 0.84 (changed N/A YoY) and the FY2025 annual result came in at 0.88, down 6.99% from the prior year.
  • Asset Utilization Ratio improved to 0.84 in Q2 2023 per WIX's latest filing, from 0.72 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.84 in Q2 2023, with the low at 0.47 in Q3 2022.
  • Average Asset Utilization Ratio over 3 years is 0.68, with a median of 0.71 recorded in 2019.
  • The widest YoY moves for Asset Utilization Ratio: up 1.5% in 2019, down 47.92% in 2019.
  • Wix.com's Asset Utilization Ratio stood at 0.71 in 2019, then retreated by 16.92% to 0.59 in 2022, then surged by 42.91% to 0.84 in 2023.
  • Business Quant data shows WIX's Asset Utilization Ratio at 0.84 in Q2 2023, 0.72 in Q1 2023, and 0.59 in Q4 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 0.47
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 0.27
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 0.55
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 0.41
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 0.46
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 0.70
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 0.38
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 0.17
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 0.62
10 Wix.com 5.77 Bn 4.10 Bn 353.37 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 0.84
Mar 31, 2023 0.72
Dec 31, 2022 0.59
Sep 30, 2022 0.47
Dec 31, 2019 0.71
Sep 30, 2019 0.71
Jun 30, 2019 0.70
Mar 31, 2019 0.71
Dec 31, 2018 0.73
Sep 30, 2018 0.72
Jun 30, 2018 0.94
Mar 31, 2018 1.37
Dec 31, 2017 1.34
Sep 30, 2017 1.33
Jun 30, 2017 1.32
Mar 31, 2017 1.36
Dec 31, 2016 1.43
Sep 30, 2016 1.46
Jun 30, 2016 1.50
Mar 31, 2016 1.46