Norris Industries (NRIS) Asset Utilization Ratio (2015 - 2025)

Norris Industries has reported Asset Utilization Ratio for 11 years, with the latest figure at 1.15 in Q3 2025.

• For the quarter ending Q3 2025, Asset Utilization Ratio rose 43.83% year-over-year to 1.15; the trailing twelve-month figure through Aug 2025 stood at 1.15 (up 43.83% YoY), and the FY2026 full-year result was 0.95, up 16.55% from the prior year.
• Asset Utilization Ratio for Q3 2025 stood at 1.15, up from 0.97 in the prior quarter.
• The five-year high for Asset Utilization Ratio was 1.83 in Q3 2022, with the low at 0.53 in Q1 2021.
• Historically, Asset Utilization Ratio has averaged 1.17 across 5 years, with a median of 1.18 in 2021.
• Annual changes were most pronounced in 2021 — Asset Utilization Ratio jumped 167.8% — and 2024, when it sank 52.78%.
• Norris Industries' Asset Utilization Ratio stood at 1.31 in 2021, then grew by 20.05% to 1.58 in 2022, then fell by 15.96% to 1.33 in 2023, then sank by 38.27% to 0.82 in 2024, then surged by 40.74% to 1.15 in 2025.
• The last three Asset Utilization Ratio figures came in at 1.15 (Q3 2025), 0.97 (Q2 2025), and 0.85 (Q1 2025), per Business Quant data.