Flotek Industries (FTK) Asset Utilization Ratio (2011 - 2026)
Flotek Industries' (FTK) Asset Utilization Ratio came in at 1.17 for Q2 2026, down 6.3% from 1.25 a year earlier but up 5.1% from the prior quarter.
Analysis
Flotek Industries (FTK) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Flotek Industries' Asset Utilization Ratio stood at 1.21, up 6.6% from FY2024.
- In prior years, Flotek Industries' Asset Utilization Ratio was 1.14 in FY2024 (-2.4%), 1.17 in FY2023 (-7.8%), 1.27 in FY2022 (+99.6%) and 0.63 in FY2021 (+89.0%).
- Quarterly Asset Utilization Ratio has run from a low of 0.55 in Q2 2022 to a high of 1.25 in Q2 2025 over five years.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last three quarters, with an average decline of 2.1% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q2 2023, with growth of 118.5%; the weakest was Q2 2022, with a decline of 10.1%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 1.12 (Q1 2026), 1.10 (Q4 2025) and 1.15 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.21 Bn | 201.33 Bn | 4.43 Bn | 0.41 |
| 2 | Corning | 136.71 Bn | 129.84 Bn | 1.63 Bn | 0.53 |
| 3 | Sherwin Williams | 80.23 Bn | 79.27 Bn | 3.34 Bn | 0.92 |
| 4 | Air Products & Chemicals | 62.17 Bn | 60.07 Bn | 1.04 Bn | 0.31 |
| 5 | Corteva | 51.95 Bn | 40.75 Bn | 3.66 Bn | 0.42 |
| 6 | LyondellBasell Industries | 37.59 Bn | 27.21 Bn | 2.04 Bn | 0.91 |
| 7 | Nutrien | 34.30 Bn | 31.17 Bn | 3.25 Bn | 0.52 |
| 8 | Qnity Electronics | 26.28 Bn | 23.71 Bn | 666.00 Mn | 0.37 |
| 9 | Ati | 25.72 Bn | 23.87 Bn | 309.80 Mn | 0.86 |
| 10 | Flotek Industries | 1.03 Bn | 1.01 Bn | 23.78 Mn | 1.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.17 |
| 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 | 0.83 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 0.55 |
| Mar 31, 2022 | 0.72 |
| Dec 31, 2021 | 0.75 |
| Sep 30, 2021 | 0.64 |
API Access
Flotek 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=FTK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "FTK", "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=FTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();