Xpeng (XPEV) Asset Utilization Ratio (2020 - 2026)
Xpeng (XPEV) posted quarterly Asset Utilization Ratio of 0.72 for Q1 2026, up 22.48% year-over-year from 0.59 in Q1 2025, and down 5.37% quarter-over-quarter from 0.76 in Q4 2025.
Xpeng (XPEV) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
Xpeng (XPEV) has reported Asset Utilization Ratio for 7 consecutive years, with 0.72 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 22.48% year-over-year to 0.72; the TTM figure through Mar 2026 stood at 0.72 (up 22.48% YoY), while the FY2025 annual figure was 0.84, up 74.18% from the prior year.
- Asset Utilization Ratio retreated to 0.72 in Q1 2026 per XPEV's latest filing, from 0.76 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.76 in Q4 2025 and bottomed at 0.31 in Q2 2023.
- Historically, Asset Utilization Ratio has averaged 0.49 across 5 years, with a median of 0.45 in 2022.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 111.25% — and 2023, when it slipped 27.22%.
- Xpeng's Asset Utilization Ratio stood at 0.4 in 2022, then climbed by 1.45% to 0.4 in 2023, then rose by 26.68% to 0.51 in 2024, then jumped by 49.26% to 0.76 in 2025, then decreased by 5.37% to 0.72 in 2026.
- Business Quant data shows XPEV's Asset Utilization Ratio at 0.72 in Q1 2026, 0.76 in Q4 2025, and 0.74 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,040.86 Bn | 997.94 Bn | 4.75 Bn | 0.71 |
| 2 | Toyota Motor | 242.43 Bn | 113.98 Bn | 12.27 Bn | 0.41 |
| 3 | Polestar Automotive Holding UK | 199.81 Bn | 199.81 Bn | -20.00 Mn | - |
| 4 | Ford Motor | 85.01 Bn | 53.71 Bn | 6.08 Bn | 0.66 |
| 5 | General Motors | 78.23 Bn | 55.16 Bn | 7.33 Bn | 0.69 |
| 6 | Li Auto | 25.97 Bn | 12.60 Bn | 262.11 Mn | 0.73 |
| 7 | Xpeng | 22.53 Bn | 19.99 Bn | 388.90 Mn | 0.72 |
| 8 | Rivian Automotive | 21.19 Bn | 15.90 Bn | 179.00 Mn | 0.40 |
| 9 | Stellantis | 16.26 Bn | -24.66 Bn | 5.55 Bn | 0.72 |
| 10 | Nio | 11.54 Bn | 8.43 Bn | 704.43 Mn | 0.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.74 |
| Jun 30, 2025 | 0.67 |
| Mar 31, 2025 | 0.59 |
| Dec 31, 2024 | 0.51 |
| Sep 30, 2024 | 0.50 |
| Jun 30, 2024 | 0.47 |
| Mar 31, 2024 | 0.41 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.40 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.28 |
| Jun 30, 2021 | 0.25 |