Norris Industries (NRIS) Asset Utilization Ratio (2016 - 2025)
Norris Industries filings provide 10 years of Asset Utilization Ratio readings, the most recent being 1.15 for Q3 2025.
- On a quarterly basis, Asset Utilization Ratio rose 43.83% to 1.15 in Q3 2025 year-over-year; TTM through Aug 2025 was 1.15, a 43.83% increase, with the full-year FY2025 number at 0.81, down 2.8% from a year prior.
- Asset Utilization Ratio hit 1.15 in Q3 2025 for Norris Industries, up from 0.95 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.83 in Q3 2022 to a low of 0.53 in Q1 2021.
- Median Asset Utilization Ratio over the past 5 years was 1.18 (2021), compared with a mean of 1.17.
- Biggest five-year swings in Asset Utilization Ratio: soared 167.8% in 2021 and later tumbled 52.78% in 2024.
- Norris Industries' Asset Utilization Ratio stood at 1.31 in 2021, then rose by 20.05% to 1.58 in 2022, then decreased by 15.96% to 1.33 in 2023, then plummeted by 38.27% to 0.82 in 2024, then skyrocketed by 40.74% to 1.15 in 2025.
- The last three reported values for Asset Utilization Ratio were 1.15 (Q3 2025), 0.95 (Q2 2025), and 0.84 (Q1 2025) per Business Quant data.