Norris Industries (NRIS) Asset Utilization Ratio (2015 - 2026)
Norris Industries' (NRIS) Asset Utilization Ratio came in at 1.78 for fiscal Q1 2027 (quarter ended May 31, 2026), up 84.6% from 0.97 a year earlier.
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Analysis
Norris Industries (NRIS) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Norris Industries' Asset Utilization Ratio stood at 0.95, up 16.5% from FY2025.
- In prior fiscal years, Norris Industries' Asset Utilization Ratio was 0.82 in FY2025 (-1.4%), 0.83 in FY2024 (-42.9%), 1.45 in FY2023 (+28.6%) and 1.13 in FY2022 (+155.7%).
- The fiscal Q1 2027 figure stands as the highest quarterly Asset Utilization Ratio since fiscal Q2 2023.
- On a year-over-year basis, Asset Utilization Ratio increased in three of the last six quarters, with growth averaging 10.3%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was fiscal Q3 2022, with growth of 167.8%; the weakest was fiscal Q1 2025, with a decline of 52.8%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 0.79 |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 0.65 |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 0.53 |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 0.57 |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 0.53 |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 83.27 |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 1.89 |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | - |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 0.60 |
| 10 | Norris Industries | 14.07 Mn | 13.86 Mn | - | 1.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 1.78 |
| Aug 31, 2025 | 1.15 |
| May 31, 2025 | 0.97 |
| Feb 28, 2025 | 0.85 |
| Nov 30, 2024 | 0.82 |
| Aug 31, 2024 | 0.80 |
| May 31, 2024 | 0.76 |
| Feb 29, 2024 | 1.00 |
| Nov 30, 2023 | 1.33 |
| Aug 31, 2023 | 1.33 |
| May 31, 2023 | 1.62 |
| Feb 28, 2023 | 1.42 |
| Nov 30, 2022 | 1.58 |
| Aug 31, 2022 | 1.83 |
| May 31, 2022 | 1.41 |
| Feb 28, 2022 | 1.29 |
| Nov 30, 2021 | 1.31 |
| Aug 31, 2021 | 1.18 |
| May 31, 2021 | 1.04 |
| Feb 28, 2021 | 0.53 |
API Access
Norris Industries 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=NRIS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NRIS", "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=NRIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();