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
DateValue
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