Growth Metrics

Norris Industries (NRIS) Asset Utilization Ratio (2016 - 2025)

Norris Industries (NRIS) has disclosed Asset Utilization Ratio for 10 consecutive years, with 1.15 as the latest value for Q3 2025.

  • For the quarter ending Q3 2025, Asset Utilization Ratio rose 43.83% year-over-year to 1.15, compared with a TTM value of 1.15 through Aug 2025, up 43.83%, and an annual FY2025 reading of 0.81, down 2.8% over the prior year.
  • Asset Utilization Ratio was 1.15 for Q3 2025 at Norris Industries, up from 0.95 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 1.83 in Q3 2022 and bottomed at 0.53 in Q1 2021.
  • Average Asset Utilization Ratio over 5 years is 1.17, with a median of 1.18 recorded in 2021.
  • The sharpest move saw Asset Utilization Ratio surged 167.8% in 2021, then plummeted 52.78% in 2024.
  • Year by year, 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.
  • Business Quant data shows Asset Utilization Ratio for NRIS at 1.15 in Q3 2025, 0.95 in Q2 2025, and 0.84 in Q1 2025.