Hub Group, Inc. (HUBG) Asset Utilization Ratio (2010 - 2025)
Hub's Asset Utilization Ratio was 1.31 in Q3 2025, down 5.9% from 1.39 a year earlier and down 2.8% from the prior quarter.
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Analysis
Hub Group, Inc. (HUBG) Asset Utilization Ratio (2010 - 2025) Analysis & Trends
For FY2024, Asset Utilization Ratio at Hub came in at 1.36, down 7.0% from FY2023.
- In earlier years, Asset Utilization Ratio was 1.46 in FY2023 (-28.1%), 2.04 in FY2022 (+9.2%), 1.86 in FY2021 (+9.2%) and 1.71 in FY2020 (-8.9%).
- The Q3 2025 figure marks the lowest quarterly Asset Utilization Ratio in data going back to Q3 2010.
- Compared with a year earlier, Asset Utilization Ratio has declined for 11 straight quarters, with an average decline of 11.7% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2022 (growth of 11.4%); the worst was Q4 2023 (a decline of 25.2%).
- Per Business Quant data, HUBG's Asset Utilization Ratio in the three quarters before Q3 2025 was 1.35 (Q2 2025), 1.36 (Q1 2025) and 1.38 (Q4 2024).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.31 |
| Jun 30, 2025 | 1.35 |
| Mar 31, 2025 | 1.36 |
| Dec 31, 2024 | 1.38 |
| Sep 30, 2024 | 1.39 |
| Jun 30, 2024 | 1.39 |
| Mar 31, 2024 | 1.39 |
| Dec 31, 2023 | 1.44 |
| Sep 30, 2023 | 1.58 |
| Jun 30, 2023 | 1.70 |
| Mar 31, 2023 | 1.82 |
| Dec 31, 2022 | 1.92 |
| Sep 30, 2022 | 1.96 |
| Jun 30, 2022 | 1.93 |
| Mar 31, 2022 | 1.85 |
| Dec 31, 2021 | 1.79 |
| Sep 30, 2021 | 1.75 |
| Jun 30, 2021 | 1.74 |
| Mar 31, 2021 | 1.68 |
| Dec 31, 2020 | 1.68 |
API Access
Hub Group, Inc. 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=HUBG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HUBG", "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=HUBG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();