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
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 0.54
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