Worksport (WKSP) Asset Utilization Ratio (2014 - 2026)

Worksport (WKSP) has 13 years of Asset Utilization Ratio data on file, last reported at 0.59 in Q1 2026.

• Asset Utilization Ratio for Q1 2026 came in at 0.59, up 50.4% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.59 (up 50.4% YoY), and the FY2025 annual result was 0.57, up 73.78% from the prior year.
• Asset Utilization Ratio advanced to 0.59 in Q1 2026 per WKSP's latest filing, from 0.56 in the prior quarter.
• Over five years, Asset Utilization Ratio peaked at 0.59 in Q1 2026 and troughed at 0.0 in Q3 2022.
• A 5-year average of 0.21 and a median of 0.08 in 2024 frame the typical range for Asset Utilization Ratio.
• The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio plunged 86.68% in 2022, then soared 2258.23% in 2024.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.0 in 2022, then soared by 1677.87% to 0.06 in 2023, then jumped by 453.57% to 0.33 in 2024, then surged by 66.5% to 0.56 in 2025, then climbed by 5.15% to 0.59 in 2026.
• Business Quant data shows WKSP's Asset Utilization Ratio at 0.59 in Q1 2026, 0.56 in Q4 2025, and 0.56 in Q3 2025.