Drilling Tools International (DTI) Asset Utilization Ratio (2023 - 2026)
Drilling Tools International (DTI) recorded quarterly Asset Utilization Ratio of 0.69 in Q1 2026, down 2.5% quarter-over-quarter from 0.71 in Q4 2025, and down 1.64% on a YoY basis from 0.7 in Q1 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.
- In Q1 2026, Asset Utilization Ratio fell 1.64% year-over-year to 0.69; the TTM figure through Mar 2026 stood at 0.69 (down 1.64% YoY), while the FY2025 annual figure was 0.72, down 17.49% from the prior year.
- Asset Utilization Ratio was 0.69 for Q1 2026 at Drilling Tools International, down from 0.71 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.15 in Q4 2023 to a low of 0.54 in Q4 2024.
- Historically, Asset Utilization Ratio has averaged 0.78 across 4 years, with a median of 0.7 in 2025.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio tumbled 53.47% in 2024, then soared 32.47% in 2025.
- A 4-year view of Asset Utilization Ratio shows it stood at 1.15 in 2023, then sank by 53.47% to 0.54 in 2024, then jumped by 32.47% to 0.71 in 2025, then retreated by 2.5% to 0.69 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.69 (Q1 2026), 0.71 (Q4 2025), and 0.7 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.51 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.61 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.88 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.22 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.77 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.95 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 0.35 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 0.30 |
| 10 | Drilling Tools International | 95.52 Mn | 92.69 Mn | 35.28 Mn | 0.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.54 |
| Sep 30, 2024 | 0.59 |
| Jun 30, 2024 | 0.67 |
| Mar 31, 2024 | 0.75 |
| Dec 31, 2023 | 1.15 |
| Sep 30, 2023 | 1.14 |
| Jun 30, 2023 | 0.85 |
| Mar 31, 2023 | 0.89 |