HireQuest (HQI) Asset Utilization Ratio (2011 - 2026)

HireQuest has reported Asset Utilization Ratio for 14 years, with the latest figure at 0.33 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio fell 7.64% year-over-year to 0.33; the trailing twelve-month figure through Mar 2026 stood at 0.33 (down 7.64% YoY), and the FY2025 full-year result was 0.34, down 3.86% from the prior year.
• Asset Utilization Ratio for Q1 2026 stood at 0.33, down from 0.33 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 0.36 in Q1 2025, with the low at 0.24 in Q4 2022.
• Historically, Asset Utilization Ratio has averaged 0.3 across 5 years, with a median of 0.33 in 2026.
• Annual changes were most pronounced in 2024 — Asset Utilization Ratio surged 42.79% — and 2026, when it decreased 7.64%.
• HireQuest's Asset Utilization Ratio stood at 0.24 in 2022, then grew by 10.96% to 0.27 in 2023, then soared by 31.52% to 0.35 in 2024, then declined by 4.91% to 0.33 in 2025, then dropped by 1.04% to 0.33 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.33 (Q1 2026), 0.33 (Q4 2025), and 0.33 (Q3 2025), per Business Quant data.