Friedman Industries (FRD) Asset Utilization Ratio (2011 - 2026)
Friedman Industries' (FRD) Asset Utilization Ratio stood at 2.12 in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 1.6% from 2.08 a year earlier and up 6.2% from the prior quarter.
Friedman Industries (FRD) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Friedman Industries' Asset Utilization Ratio came in at 2.30, up 17.9% from FY2025.
- Across earlier fiscal years, Asset Utilization Ratio came in at 1.95 in FY2025 (-19.1%), 2.40 in FY2024 (-21.3%), 3.05 in FY2023 (+36.1%) and 2.24 in FY2022 (+53.3%).
- The fiscal Q1 2027 figure is the highest quarterly Asset Utilization Ratio since fiscal Q3 2025.
- On a year-over-year basis, Asset Utilization Ratio rose in 1 of the last eight quarters, with an average decline of 6.2%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 47.5% in fiscal Q4 2023, against a decline of 17.2% in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.99 (Q4 2026), 1.88 (Q3 2026) and 1.92 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.01 |
| 10 | Friedman Industries | 275.53 Mn | 260.46 Mn | 21.03 Mn | 2.12 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.12 |
| Mar 31, 2026 | 1.99 |
| Dec 31, 2025 | 1.88 |
| Sep 30, 2025 | 1.92 |
| Jun 30, 2025 | 2.08 |
| Mar 31, 2025 | 2.03 |
| Dec 31, 2024 | 2.13 |
| Sep 30, 2024 | 2.17 |
| Jun 30, 2024 | 2.18 |
| Mar 31, 2024 | 2.25 |
| Dec 31, 2023 | 2.25 |
| Sep 30, 2023 | 2.33 |
| Jun 30, 2023 | 2.55 |
| Mar 31, 2023 | 2.72 |
| Dec 31, 2022 | 2.40 |
| Sep 30, 2022 | 1.85 |
| Jun 30, 2022 | 1.81 |
| Mar 31, 2022 | 1.84 |
| Dec 31, 2021 | 1.80 |
| Sep 30, 2021 | 1.61 |
Friedman Industries 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=FRD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FRD", "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=FRD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();