Flotek Industries (FTK) Asset Utilization Ratio (2011 - 2026)
Flotek Industries' (FTK) quarterly Asset Utilization Ratio came in at 1.12 in Q1 2026, down 5.88% year-on-year from 1.18 in Q1 2025, and up 1.69% on a QoQ basis from 1.1 in Q4 2025.
Flotek Industries (FTK) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Flotek Industries (FTK) has 16 years of Asset Utilization Ratio data on file, last reported at 1.12 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 5.88% year-over-year to 1.12 in Q1 2026; TTM through Mar 2026 was 1.12, a 5.88% decrease from a year earlier, with the FY2025 full-year figure at 1.21, up 6.56% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.12, up from 1.1 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for FTK reached as high as 1.25 in Q2 2025 and fell as low as 0.78 in Q3 2022.
- Historically, Asset Utilization Ratio has averaged 1.09 across 5 years, with a median of 1.13 in 2024.
- On a YoY basis, Asset Utilization Ratio climbed as much as 359.89% in 2022 and fell as far as 23.89% in 2022.
- Year by year, Asset Utilization Ratio stood at 0.81 in 2022, then surged by 49.3% to 1.21 in 2023, then fell by 6.97% to 1.13 in 2024, then declined by 2.83% to 1.1 in 2025, then gained by 1.69% to 1.12 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.12 in Q1 2026, 1.1 in Q4 2025, and 1.15 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 0.35 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 0.45 |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 1.01 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 0.88 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 0.77 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 0.94 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 0.35 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 1.06 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 0.30 |
| 10 | Flotek Industries | 926.33 Mn | 926.22 Mn | 15.54 Mn | 1.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.12 |
| Dec 31, 2025 | 1.10 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 1.25 |
| Mar 31, 2025 | 1.18 |
| Dec 31, 2024 | 1.13 |
| Sep 30, 2024 | 1.13 |
| Jun 30, 2024 | 1.13 |
| Mar 31, 2024 | 1.15 |
| Dec 31, 2023 | 1.21 |
| Sep 30, 2023 | 1.25 |
| Jun 30, 2023 | 1.20 |
| Mar 31, 2023 | 1.04 |
| Dec 31, 2022 | 0.81 |
| Sep 30, 2022 | 0.78 |
| Jun 30, 2022 | 0.78 |
| Mar 31, 2022 | 1.17 |
| Dec 31, 2021 | 1.07 |
| Sep 30, 2021 | 0.46 |
| Jun 30, 2021 | 0.28 |