Highway Holdings (HIHO) Asset Utilization Ratio (2010 - 2026)
Highway Holdings' Asset Utilization Ratio came in at 0.61 for fiscal Q4 2026 (quarter ended Mar 31, 2026), down 18.1% from 0.74 a year earlier and down 26.9% from the prior quarter.
Highway Holdings (HIHO) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Highway Holdings' Asset Utilization Ratio was 0.47, down 34.2% from FY2025.
- Going back by fiscal year, Asset Utilization Ratio was 0.71 in FY2025 (+41.6%), 0.50 in FY2024 (-29.6%) and 0.71 in FY2023.
- The fiscal Q4 2026 figure represents the lowest quarterly Asset Utilization Ratio since fiscal Q4 2024.
- Year-over-year, Asset Utilization Ratio increased in five of the last seven quarters, with growth averaging 19.5%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q4 2025 (growth of 51.0%), and the weakest in fiscal Q3 2024 (a decline of 41.9%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 1.01 |
| 10 | Highway Holdings | 4.16 Mn | -14.26 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.61 |
| Dec 31, 2025 | 0.83 |
| Sep 30, 2025 | 0.85 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.68 |
| 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 | 0.65 |
| Mar 31, 2023 | 0.76 |
| Dec 31, 2022 | 0.85 |
| Sep 30, 2022 | 0.84 |
| Jun 30, 2022 | 0.85 |
| Mar 31, 2022 | 0.82 |
| Dec 31, 2021 | 0.72 |
| Dec 31, 2020 | 0.63 |
| Sep 30, 2020 | 0.67 |
| Jun 30, 2020 | 0.67 |
Highway Holdings 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=HIHO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HIHO", "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=HIHO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();