Global Industrial (GIC) Asset Utilization Ratio (2011 - 2026)
Global Industrial's Asset Utilization Ratio came in at 2.37 for Q2 2026, up 0.7% from 2.36 a year earlier but down 2.0% from the prior quarter.
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Analysis
Global Industrial (GIC) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Global Industrial's Asset Utilization Ratio was 2.50, down 1.6% from FY2024.
- Asset Utilization Ratio has declined in each of the last four years.
- Going back by year, Asset Utilization Ratio was 2.55 in FY2024 (-3.3%), 2.63 in FY2023 (-3.0%), 2.71 in FY2022 (-0.6%) and 2.73 in FY2021 (+2.2%).
- The five-year range for quarterly Asset Utilization Ratio is 2.25 (Q3 2023) to 2.59 (Q1 2022).
- Year-over-year, Asset Utilization Ratio increased in three of the last eight quarters, with an average decline of 2.0%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2024 (growth of 11.3%), and the weakest in Q2 2022 (a decline of 11.7%).
- Business Quant data shows GIC's Asset Utilization Ratio at 2.42 (Q1 2026), 2.33 (Q4 2025) and 2.25 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 58.83 Bn | 56.81 Bn | 1.98 Bn | 1.97 |
| 2 | Fastenal | 57.33 Bn | 56.25 Bn | 1.06 Bn | 1.67 |
| 3 | Ferguson Enterprises | 43.46 Bn | 40.68 Bn | 2.32 Bn | 1.77 |
| 4 | Sunbelt Rentals Holdings | 30.25 Bn | 30.13 Bn | 1.25 Bn | 0.50 |
| 5 | Reliance | 19.78 Bn | 18.82 Bn | 1.30 Bn | 1.44 |
| 6 | Wesco International | 17.79 Bn | 15.10 Bn | 1.46 Bn | 1.44 |
| 7 | Applied Industrial Technologies | 12.37 Bn | 12.24 Bn | 411.22 Mn | 1.66 |
| 8 | Watsco | 10.71 Bn | 8.87 Bn | 578.93 Mn | 1.50 |
| 9 | Avantor | 10.31 Bn | 9.11 Bn | 537.00 Mn | 0.56 |
| 10 | Global Industrial | 1.61 Bn | 1.33 Bn | 155.40 Mn | 2.37 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.37 |
| Mar 31, 2026 | 2.42 |
| Dec 31, 2025 | 2.33 |
| Sep 30, 2025 | 2.25 |
| Jun 30, 2025 | 2.36 |
| Mar 31, 2025 | 2.48 |
| Dec 31, 2024 | 2.50 |
| Sep 30, 2024 | 2.48 |
| Jun 30, 2024 | 2.54 |
| Mar 31, 2024 | 2.57 |
| Dec 31, 2023 | 2.45 |
| Sep 30, 2023 | 2.25 |
| Jun 30, 2023 | 2.28 |
| Mar 31, 2023 | 2.51 |
| Dec 31, 2022 | 2.51 |
| Sep 30, 2022 | 2.38 |
| Jun 30, 2022 | 2.41 |
| Mar 31, 2022 | 2.59 |
| Dec 31, 2021 | 2.55 |
| Sep 30, 2021 | 2.58 |
API Access
Global Industrial 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=GIC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "GIC", "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=GIC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();