Core Laboratories (CLB) Asset Utilization Ratio (2023 - 2026)
Core Laboratories' Asset Utilization Ratio came in at 0.88 for Q2 2026, up 1.1% from 0.87 a year earlier but down 1.3% from the prior quarter.
Analysis
Core Laboratories (CLB) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For FY2025, Core Laboratories' Asset Utilization Ratio was 0.90, up 0.7% from FY2024.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 0.89 in FY2024 (+2.2%), 0.88 in FY2023 (+3.6%) and 0.84 in FY2022.
- The five-year range for quarterly Asset Utilization Ratio is 0.85 (Q3 2023) to 0.90 (Q4 2025).
- Year-over-year, Asset Utilization Ratio has increased for three consecutive quarters, with growth averaging 1.5% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q1 2025 (growth of 2.4%), and the weakest in Q3 2025 (a decline of 0.2%).
- Business Quant data shows CLB's Asset Utilization Ratio at 0.90 (Q1 2026), 0.90 (Q4 2025) and 0.87 (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 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 0.66 |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 0.54 |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 1.02 |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 0.88 |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 0.77 |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 0.42 |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 0.94 |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 0.27 |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 0.40 |
| 10 | Core Laboratories | 461.14 Mn | 373.35 Mn | 23.24 Mn | 0.88 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.88 |
| Mar 31, 2026 | 0.90 |
| Dec 31, 2025 | 0.90 |
| Sep 30, 2025 | 0.87 |
| Jun 30, 2025 | 0.87 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.88 |
| Sep 30, 2024 | 0.87 |
| Jun 30, 2024 | 0.86 |
| Mar 31, 2024 | 0.86 |
| Dec 31, 2023 | 0.86 |
| Sep 30, 2023 | 0.85 |
| Jun 30, 2023 | 0.85 |
| Mar 31, 2023 | 0.86 |
API Access
Core Laboratories 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=CLB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CLB", "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=CLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();