Highway Holdings (HIHO) Asset Utilization Ratio (2010 - 2026)
Highway Holdings (HIHO) posted quarterly Asset Utilization Ratio of 0.48 for Q1 2026, down 11.68% year-over-year from 0.55 in Q1 2025, and up 8.11% quarter-over-quarter from 0.45 in Q4 2025.
Highway Holdings (HIHO) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Highway Holdings (HIHO) has reported Asset Utilization Ratio for 16 consecutive years, with 0.48 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 11.68% year-over-year to 0.48; the TTM figure through Mar 2026 stood at 0.48 (down 11.68% YoY), while the FY2026 annual figure was 0.47, down 34.16% from the prior year.
- Asset Utilization Ratio climbed to 0.48 in Q1 2026 per HIHO's latest filing, from 0.45 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.85 in Q2 2022 and bottomed at 0.42 in Q2 2023.
- Historically, Asset Utilization Ratio has averaged 0.58 across 5 years, with a median of 0.55 in 2023.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio tumbled 50.07% — and 2024, when it surged 46.33%.
- Highway Holdings' Asset Utilization Ratio stood at 0.62 in 2022, then retreated by 20.96% to 0.49 in 2023, then climbed by 2.37% to 0.5 in 2024, then fell by 11.13% to 0.45 in 2025, then increased by 8.11% to 0.48 in 2026.
- Business Quant data shows HIHO's Asset Utilization Ratio at 0.48 in Q1 2026, 0.45 in Q4 2025, and 0.64 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Ati | 28.27 Bn | 27.48 Bn | 309.80 Mn | 0.86 |
| 2 | Carpenter Technology | 24.75 Bn | 24.36 Bn | 268.90 Mn | 0.83 |
| 3 | Mueller Industries | 13.73 Bn | 12.32 Bn | 395.35 Mn | 1.14 |
| 4 | Commercial Metals | 7.35 Bn | 6.79 Bn | 455.14 Mn | 0.71 |
| 5 | Esab | 4.98 Bn | 4.77 Bn | 307.21 Mn | 0.52 |
| 6 | Gpgi | 3.70 Bn | 3.69 Bn | - | 0.20 |
| 7 | Worthington Enterprises | 2.79 Bn | 2.76 Bn | 101.89 Mn | 0.75 |
| 8 | Proto Labs | 1.90 Bn | 1.76 Bn | 69.34 Mn | 0.71 |
| 9 | Ryerson Holding | 1.31 Bn | 1.27 Bn | 355.20 Mn | 1.54 |
| 10 | Highway Holdings | 4.14 Mn | 288,922.96 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.48 |
| Dec 31, 2025 | 0.45 |
| Sep 30, 2025 | 0.64 |
| Mar 31, 2025 | 0.55 |
| Dec 31, 2024 | 0.50 |
| Sep 30, 2024 | 0.70 |
| Jun 30, 2024 | 0.62 |
| Mar 31, 2024 | 0.49 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.55 |
| Jun 30, 2023 | 0.42 |
| Mar 31, 2023 | 0.54 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 0.63 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 0.82 |
| Dec 31, 2021 | 0.60 |
| Dec 31, 2020 | 0.63 |
| Sep 30, 2020 | 0.67 |
| Jun 30, 2020 | 0.67 |