Drilling Tools International (DTI) Asset Utilization Ratio (2023 - 2026)
Drilling Tools International (DTI) posted quarterly Asset Utilization Ratio of 0.69 for Q1 2026, down 1.64% year-over-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.
- 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 for Q1 2026 stood at 0.69, down from 0.71 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.15 in Q4 2023, with the low at 0.69 in Q1 2026.
- The 4-year median for Asset Utilization Ratio is 0.78 (2024), against an average of 0.84.
- Peak annual rise in Asset Utilization Ratio reached 10.77% in 2024, while the deepest fall reached 39.24% in 2024.
- Drilling Tools International's Asset Utilization Ratio stood at 1.15 in 2023, then sank by 39.24% to 0.7 in 2024, then climbed by 1.44% to 0.71 in 2025, then fell by 2.5% to 0.69 in 2026.
- Business Quant data shows DTI's Asset Utilization Ratio at 0.69 in Q1 2026, 0.71 in Q4 2025, and 0.7 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 0.34 |
| 10 | Drilling Tools International | 92.60 Mn | 90.08 Mn | 24.94 Mn | 0.68 |
Historic Data
Download 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 |