Flotek Industries (FTK) Asset Utilization Ratio (2011 - 2026)
Flotek Industries (FTK) posted quarterly Asset Utilization Ratio of 1.12 for Q1 2026, down 5.88% year-over-year from 1.18 in Q1 2025, and up 1.69% quarter-over-quarter from 1.1 in Q4 2025.
Flotek Industries (FTK) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Flotek Industries (FTK) has reported Asset Utilization Ratio for 16 consecutive years, with 1.12 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 5.88% year-over-year to 1.12; the TTM figure through Mar 2026 stood at 1.12 (down 5.88% YoY), while the FY2025 annual figure was 1.21, up 6.56% from the prior year.
- Asset Utilization Ratio rose to 1.12 in Q1 2026 per FTK's latest filing, from 1.1 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.25 in Q2 2025 and bottomed at 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.
- Flotek Industries' Asset Utilization Ratio stood at 0.81 in 2022, then soared by 49.3% to 1.21 in 2023, then dropped by 6.97% to 1.13 in 2024, then slipped by 2.83% to 1.1 in 2025, then increased by 1.69% to 1.12 in 2026.
- Business Quant data shows FTK's Asset Utilization Ratio at 1.12 in Q1 2026, 1.1 in Q4 2025, and 1.15 in Q3 2025.
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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 | Flotek Industries | 904.68 Mn | 900.28 Mn | 23.78 Mn | 1.17 |
Historic Data
Download 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 | 0.81 |
| 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 |