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
DateValue
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