XMax (XMAX) Asset Utilization Ratio (2011 - 2026)
XMax's Asset Utilization Ratio was 0.19 in Q2 2026, down 53.8% from 0.41 a year earlier and down 50.3% from the prior quarter.
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Analysis
XMax (XMAX) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at XMax came in at 0.74, down 38.7% from FY2024.
- In earlier years, Asset Utilization Ratio was 1.20 in FY2024 (-3.9%), 1.25 in FY2023 (+101.0%), 0.62 in FY2022 (+87.9%) and 0.33 in FY2021 (+71.8%).
- The Q2 2026 figure marks the lowest quarterly Asset Utilization Ratio since Q3 2020.
- Compared with a year earlier, Asset Utilization Ratio has declined for seven straight quarters, with an average decline of 39.8% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q1 2023 (growth of 129.3%); the worst was Q2 2025 (a decline of 74.8%).
- Per Business Quant data, XMAX's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.38 (Q1 2026), 0.62 (Q4 2025) and 0.63 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | SharkNinja | 25.65 Bn | 23.31 Bn | 860.34 Mn | 1.30 |
| 2 | Somnigroup International | 13.10 Bn | 12.65 Bn | 817.20 Mn | 0.66 |
| 3 | Hni | 3.38 Bn | 2.95 Bn | 647.20 Mn | 0.92 |
| 4 | Newell Brands | 2.32 Bn | 1.47 Bn | 812.00 Mn | 0.66 |
| 5 | Sonos | 2.13 Bn | 1.02 Bn | 189.31 Mn | 1.73 |
| 6 | Whirlpool | 2.04 Bn | -1.44 Bn | 442.00 Mn | 0.89 |
| 7 | Corsair Gaming | 1.46 Bn | 1.00 Bn | 104.29 Mn | 1.21 |
| 8 | Millerknoll | 1.38 Bn | 756.09 Mn | 395.60 Mn | 0.97 |
| 9 | Arhaus | 1.36 Bn | 443.23 Mn | 172.07 Mn | 1.00 |
| 10 | XMax | 561.42 Mn | 508.46 Mn | 1.09 Mn | 0.19 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.19 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.62 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.41 |
| Mar 31, 2025 | 0.91 |
| Dec 31, 2024 | 1.29 |
| Sep 30, 2024 | 1.83 |
| Jun 30, 2024 | 1.64 |
| Mar 31, 2024 | 1.87 |
| Dec 31, 2023 | 1.50 |
| Sep 30, 2023 | 1.21 |
| Jun 30, 2023 | 1.17 |
| Mar 31, 2023 | 1.01 |
| Dec 31, 2022 | 0.81 |
| Sep 30, 2022 | 0.62 |
| Jun 30, 2022 | 0.51 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.36 |
| Sep 30, 2021 | 0.34 |
API Access
XMax Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=XMAX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "XMAX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=XMAX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();