Norris Industries (NRIS) Asset Utilization Ratio (2015 - 2026)

Norris Industries' Asset Utilization Ratio history runs 12 years deep, the most recent figure standing at 1.78 for Q2 2026.

• Quarterly Asset Utilization Ratio rose 84.64% year-over-year to 1.78 in Q2 2026, while the trailing twelve-month figure through May 2026 was 1.78 (up 84.64% YoY) and the FY2026 annual result came in at 0.95, up 16.55% from the prior year.
• Asset Utilization Ratio was 1.78 for Q2 2026 at Norris Industries, up from 1.15 in the prior quarter.
• Across five years, Asset Utilization Ratio topped out at 1.83 in Q3 2022 and bottomed at 0.76 in Q2 2024.
• A 5-year average of 1.25 and a median of 1.31 in 2023 frame the typical range for Asset Utilization Ratio.
• Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 145.95% — and 2024, when it plunged 52.78%.
• Norris Industries' Asset Utilization Ratio stood at 1.58 in 2022, then decreased by 15.96% to 1.33 in 2023, then tumbled by 38.27% to 0.82 in 2024, then jumped by 40.74% to 1.15 in 2025, then jumped by 54.95% to 1.78 in 2026.
• Business Quant data shows NRIS's Asset Utilization Ratio at 1.78 in Q2 2026, 1.15 in Q3 2025, and 0.97 in Q2 2025.