Mind Technology (MIND) Asset Utilization Ratio (2011 - 2026)
Mind Technology's (MIND) Asset Utilization Ratio was 0.71 for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 47.1% from 1.35 a year earlier and down 16.4% from the prior quarter.
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Analysis
Mind Technology (MIND) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Asset Utilization Ratio at Mind Technology was 0.95, down 28.7% from FY2025.
- By fiscal year, Asset Utilization Ratio came in at 1.33 in FY2025 (+21.3%), 1.10 in FY2024 (+64.7%), 0.67 in FY2023 (+18.2%) and 0.57 in FY2022 (+30.5%).
- The fiscal Q2 2027 figure ranks as the lowest quarterly Asset Utilization Ratio since fiscal Q3 2023.
- Year over year, Asset Utilization Ratio has now declined in each of the last four quarters, with an average decline of 5.0% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q4 2023 (growth of 48.1%); the low point was fiscal Q2 2027 (a decline of 47.1%).
- Per Business Quant data, the three fiscal quarters before Q2 2027 came in at 0.85 (Q1 2027), 0.85 (Q4 2026) and 1.11 (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.01 |
| 10 | Mind Technology | 39.26 Mn | -32.74 Mn | 2.09 Mn | 0.71 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.71 |
| Apr 30, 2026 | 0.85 |
| Jan 31, 2026 | 0.85 |
| Oct 31, 2025 | 1.11 |
| Jul 31, 2025 | 1.35 |
| Apr 30, 2025 | 1.24 |
| Jan 31, 2025 | 1.29 |
| Oct 31, 2024 | 1.22 |
| Jul 31, 2024 | 1.05 |
| Apr 30, 2024 | 1.04 |
| Jan 31, 2024 | 1.15 |
| Oct 31, 2023 | 1.00 |
| Jul 31, 2023 | 0.88 |
| Apr 30, 2023 | 0.94 |
| Jan 31, 2023 | 0.89 |
| Oct 31, 2022 | 0.70 |
| Jul 31, 2022 | 0.82 |
| Apr 30, 2022 | 0.70 |
| Jan 31, 2022 | 0.60 |
| Oct 31, 2021 | 0.72 |
API Access
Mind Technology 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=MIND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MIND", "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=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();