Drilling Tools International (DTI) Asset Utilization Ratio (2023 - 2026)

Drilling Tools International's (DTI) quarterly Asset Utilization Ratio came in at 0.69 in Q1 2026, down 1.64% year-on-year from 0.7 in Q1 2025, and down 2.5% quarter-over-quarter from 0.71 in Q4 2025.

Drilling Tools International (DTI) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

Drilling Tools International's Asset Utilization Ratio history runs 4 years deep, the most recent figure standing at 0.69 for Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 1.64% year-over-year to 0.69 in Q1 2026; TTM through Mar 2026 was 0.69, a 1.64% decrease from a year earlier, with the FY2025 full-year figure at 0.72, down 17.49% from the prior year.
  • Asset Utilization Ratio slipped to 0.69 in Q1 2026 per DTI's latest filing, from 0.71 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.15 in Q4 2023 and bottomed at 0.69 in Q1 2026.
  • The 4-year median for Asset Utilization Ratio is 0.78 (2024), against an average of 0.84.
  • Biggest YoY gain for Asset Utilization Ratio was 10.77% in 2024; the steepest drop was 39.24% in 2024.
  • Year by year, Asset Utilization Ratio stood at 1.15 in 2023, then plunged by 39.24% to 0.7 in 2024, then grew by 1.44% to 0.71 in 2025, then retreated by 2.5% to 0.69 in 2026.
  • Per Business Quant, the three latest DTI Asset Utilization Ratio figures stand at 0.69 (Q1 2026), 0.71 (Q4 2025), and 0.7 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 0.35
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 0.45
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 1.01
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 0.88
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 0.77
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 0.94
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 0.35
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 1.06
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 0.30
10 Drilling Tools International 81.29 Mn 81.29 Mn 34.66 Mn 0.69

Historic Data

Download Data
DateValue
Mar 31, 2026 0.69
Dec 31, 2025 0.71
Sep 30, 2025 0.70
Jun 30, 2025 0.70
Mar 31, 2025 0.70
Dec 31, 2024 0.70
Sep 30, 2024 0.78
Jun 30, 2024 0.89
Mar 31, 2024 0.99
Dec 31, 2023 1.15
Sep 30, 2023 1.14
Jun 30, 2023 0.85
Mar 31, 2023 0.89