Wrap Technologies (WRAP) Asset Utilization Ratio (2018 - 2026)
Wrap Technologies (WRAP) reported Asset Utilization Ratio of 0.31 for Q1 2026, up 48.73% on a YoY basis from 0.21 in Q1 2025, and up 12.47% quarter-over-quarter from 0.28 in Q4 2025.
Wrap Technologies (WRAP) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Wrap Technologies has reported Asset Utilization Ratio for 9 years, with the latest figure at 0.31 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 48.73% year-over-year to 0.31; the trailing twelve-month figure through Mar 2026 stood at 0.31 (up 48.73% YoY), and the FY2025 full-year result was 0.31, up 48.07% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.31, up from 0.28 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.34 in Q2 2022, with the low at 0.18 in Q3 2024.
- Historically, Asset Utilization Ratio has averaged 0.25 across 5 years, with a median of 0.24 in 2025.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 68.19% — and 2024, when it slumped 36.34%.
- Wrap Technologies' Asset Utilization Ratio stood at 0.25 in 2022, then dropped by 25.22% to 0.19 in 2023, then rose by 27.87% to 0.24 in 2024, then climbed by 16.62% to 0.28 in 2025, then gained by 12.47% to 0.31 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.31 (Q1 2026), 0.28 (Q4 2025), and 0.24 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 0.41 |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 0.50 |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 0.68 |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 0.40 |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 0.46 |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 0.36 |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 0.40 |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 0.52 |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 0.52 |
| 10 | Wrap Technologies | 66.42 Mn | 59.16 Mn | 691,000.00 | 0.31 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.31 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.24 |
| Jun 30, 2025 | 0.19 |
| Mar 31, 2025 | 0.21 |
| Dec 31, 2024 | 0.24 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.27 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.34 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.25 |
| Jun 30, 2021 | 0.22 |