Wrap Technologies (WRAP) Asset Utilization Ratio (2018 - 2026)
Wrap Technologies' (WRAP) quarterly Asset Utilization Ratio came in at 0.26 in Q1 2026, up 14.0% YoY from 0.23 in Q1 2025, and up 14.11% on a QoQ basis from 0.23 in Q4 2025.
Wrap Technologies (WRAP) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Wrap Technologies (WRAP) has 9 years of Asset Utilization Ratio data on file, last reported at 0.26 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 14.0% year-over-year to 0.26 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.26 (up 14.0% YoY) and the FY2025 annual result came in at 0.31, up 48.07% from the prior year.
- Asset Utilization Ratio rose to 0.26 in Q1 2026, from 0.23 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.34 in Q2 2022 to a low of 0.14 in Q2 2025.
- A 5-year average of 0.24 and a median of 0.23 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 65.65% — and 2025, when it tumbled 51.3%.
- Tracing WRAP's Asset Utilization Ratio over 5 years: stood at 0.24 in 2022, then decreased by 20.75% to 0.19 in 2023, then soared by 41.43% to 0.27 in 2024, then decreased by 13.78% to 0.23 in 2025, then gained by 14.11% to 0.26 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.26 (Q1 2026), 0.23 (Q4 2025), and 0.23 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 0.69 |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 0.52 |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 0.40 |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 0.41 |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 0.49 |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 0.37 |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 0.43 |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 0.52 |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 0.53 |
| 10 | Wrap Technologies | 86.66 Mn | 81.88 Mn | 1.55 Mn | 0.41 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.41 |
| Mar 31, 2026 | 0.26 |
| Dec 31, 2025 | 0.23 |
| Sep 30, 2025 | 0.23 |
| Jun 30, 2025 | 0.14 |
| Mar 31, 2025 | 0.23 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.21 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.24 |
| Dec 31, 2023 | 0.19 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.22 |
| Dec 31, 2022 | 0.24 |
| 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 |