Expion360 (XPON) Asset Utilization Ratio (2022 - 2026)
Expion360 (XPON) reported Asset Utilization Ratio of 1.18 for Q1 2026, up 60.89% on a YoY basis from 0.73 in Q1 2025, and up 14.22% quarter-over-quarter from 1.03 in Q4 2025.
Expion360 (XPON) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Expion360 has reported Asset Utilization Ratio for 5 years, with the latest figure at 1.18 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 60.89% year-over-year to 1.18; the trailing twelve-month figure through Mar 2026 stood at 1.18 (up 60.89% YoY), and the FY2025 full-year result was 1.12, up 109.89% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.18, up from 1.03 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.18 in Q1 2026, with the low at 0.37 in Q3 2022.
- Historically, Asset Utilization Ratio has averaged 0.64 across 5 years, with a median of 0.52 in 2023.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio tumbled 47.62% — and 2025, when it soared 104.95%.
- Expion360's Asset Utilization Ratio stood at 0.41 in 2022, then advanced by 23.98% to 0.51 in 2023, then climbed by 15.31% to 0.58 in 2024, then soared by 75.94% to 1.03 in 2025, then increased by 14.22% to 1.18 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.18 (Q1 2026), 1.03 (Q4 2025), and 0.98 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 0.85 |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 0.54 |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 0.63 |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 0.72 |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 0.74 |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 1.00 |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 0.14 |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 1.00 |
| 10 | Expion360 | 4.99 Mn | 1.89 Mn | 396,076.00 | 1.18 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.18 |
| Dec 31, 2025 | 1.03 |
| Sep 30, 2025 | 0.98 |
| Jun 30, 2025 | 0.94 |
| Mar 31, 2025 | 0.73 |
| Dec 31, 2024 | 0.58 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 0.53 |
| Mar 31, 2024 | 0.50 |
| Dec 31, 2023 | 0.51 |
| Sep 30, 2023 | 0.52 |
| Jun 30, 2023 | 0.41 |
| Mar 31, 2023 | 0.40 |
| Dec 31, 2022 | 0.41 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.49 |
| Mar 31, 2022 | 0.76 |