Block (XYZ) Asset Utilization Ratio (2016 - 2026)
Block's Asset Utilization Ratio came in at 0.63 for Q2 2026, down 2.8% from 0.65 a year earlier but up 2.8% from the prior quarter.
Analysis
Block (XYZ) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
Going back to Q1 2016, Block's Asset Utilization Ratio data covers 42 quarters.
- Going back by year, Asset Utilization Ratio was 0.69 in FY2024 (+1.5%), 0.68 in FY2023 (-9.9%), 0.76 in FY2022 (-46.7%) and 1.42 in FY2021 (+7.7%).
- The five-year range for quarterly Asset Utilization Ratio is 0.56 (Q2 2022) to 1.22 (Q4 2021).
- Year-over-year, Asset Utilization Ratio has declined for four consecutive quarters, with an average decline of 2.6% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2021 (growth of 25.7%), and the weakest in Q2 2022 (a decline of 55.6%).
- Business Quant data shows XYZ's Asset Utilization Ratio at 0.62 (Q1 2026), 0.61 (Q4 2025) and 0.63 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 0.23 |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 0.42 |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 0.63 |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 0.06 |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 0.18 |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 0.26 |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 0.16 |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 0.01 |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 0.58 |
| 10 | Hut 8 | 11.42 Bn | 11.26 Bn | 48.04 Mn | 0.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.63 |
| Mar 31, 2026 | 0.62 |
| Dec 31, 2025 | 0.61 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.65 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.65 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.67 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.63 |
| Mar 31, 2023 | 0.59 |
| Dec 31, 2022 | 0.58 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.56 |
| Mar 31, 2022 | 0.75 |
| Dec 31, 2021 | 1.22 |
| Sep 30, 2021 | 1.21 |
API Access
Block 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=XYZ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "XYZ", "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=XYZ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();