Altex Industries (ALTX) Asset Utilization Ratio (2011 - 2026)
Altex Industries' (ALTX) Asset Utilization Ratio was 0.01 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 5.5% from 0.01 a year earlier and up 5.6% from the prior quarter.
Altex Industries (ALTX) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Dating back to fiscal Q3 2011, Altex Industries' Asset Utilization Ratio record includes 61 quarters.
- Asset Utilization Ratio has declined for four consecutive fiscal years.
- By fiscal year, Asset Utilization Ratio came in at 0.01 in FY2024 (-31.5%), 0.01 in FY2023 (-13.6%), 0.02 in FY2022 (-21.0%) and 0.02 in FY2021 (+46.5%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Asset Utilization Ratio since fiscal Q1 2025.
- Year over year, Asset Utilization Ratio gained in two of the last eight quarters, with an average decline of 16.5%.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q2 2022 (growth of 317.3%); the low point was fiscal Q3 2024 (a decline of 66.4%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.01 (Q2 2026), 0.01 (Q1 2026) and 0.01 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | 0.79 |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | 0.65 |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | 0.44 |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 0.37 |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | 83.27 |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | 1.89 |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | 0.58 |
| 10 | Altex Industries | 2.57 Mn | -7.44 Mn | - | 0.01 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.01 |
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.01 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.01 |
| Mar 31, 2024 | 0.01 |
| Dec 31, 2023 | 0.01 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.03 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.03 |
| Dec 31, 2021 | 0.04 |
| Sep 30, 2021 | 0.03 |
Altex Industries 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=ALTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ALTX", "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=ALTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();