Drilling Tools International (DTI) Asset Utilization Ratio (2023 - 2026)
Drilling Tools International's (DTI) Asset Utilization Ratio was 0.68 for Q2 2026, down 3.4% from 0.70 a year earlier and down 2.3% from the prior quarter.
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Analysis
Drilling Tools International (DTI) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Drilling Tools International was 0.72, down 17.5% from FY2024.
- By year, Asset Utilization Ratio came in at 0.87 in FY2024 (-32.0%), 1.28 in FY2023 (+55.8%) and 0.82 in FY2022.
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio in data going back to Q1 2023.
- Year over year, Asset Utilization Ratio gained in 1 of the last eight quarters, with an average decline of 16.7%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2024 (growth of 10.8%); the low point was Q4 2024 (a decline of 39.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.69 (Q1 2026), 0.71 (Q4 2025) and 0.70 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 0.66 |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 0.54 |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 1.02 |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 0.88 |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 0.77 |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | 0.42 |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 0.27 |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 0.94 |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 0.40 |
| 10 | Drilling Tools International | 81.15 Mn | 67.78 Mn | 24.94 Mn | 0.68 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.68 |
| 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 |
API Access
Drilling Tools International 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=DTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "DTI", "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=DTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();