Nortech Systems (NSYS) Asset Utilization Ratio (2011 - 2026)
Nortech Systems' Asset Utilization Ratio came in at 1.64 for Q1 2026, down 1.0% from 1.66 a year earlier but up 1.6% from the prior quarter.
Analysis
Nortech Systems (NSYS) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Going back to Q3 2011, Nortech Systems' Asset Utilization Ratio data covers 59 quarters.
- Asset Utilization Ratio has declined in each of the last three years.
- Going back by year, Asset Utilization Ratio was 1.74 in FY2024 (-9.8%), 1.93 in FY2023 (-1.9%), 1.96 in FY2022 (+6.3%) and 1.85 in FY2021 (+5.6%).
- The five-year range for quarterly Asset Utilization Ratio is 1.56 (Q3 2025) to 2.07 (Q3 2023).
- Year-over-year, Asset Utilization Ratio has declined for nine consecutive quarters, with an average decline of 10.0% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2023 (growth of 13.2%), and the weakest in Q3 2024 (a decline of 14.4%).
- Business Quant data shows NSYS's Asset Utilization Ratio at 1.61 (Q4 2025), 1.56 (Q3 2025) and 1.59 (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 1.01 |
| 10 | Nortech Systems | 31.11 Mn | 24.30 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 1.64 |
| Dec 31, 2025 | 1.61 |
| Sep 30, 2025 | 1.56 |
| Jun 30, 2025 | 1.59 |
| Mar 31, 2025 | 1.66 |
| Dec 31, 2024 | 1.72 |
| Sep 30, 2024 | 1.77 |
| Jun 30, 2024 | 1.81 |
| Mar 31, 2024 | 1.84 |
| Dec 31, 2023 | 1.97 |
| Sep 30, 2023 | 2.07 |
| Jun 30, 2023 | 2.03 |
| Mar 31, 2023 | 1.98 |
| Dec 31, 2022 | 1.88 |
| Sep 30, 2022 | 1.83 |
| Jun 30, 2022 | 1.81 |
| Mar 31, 2022 | 1.83 |
| Dec 31, 2021 | 1.72 |
| Sep 30, 2021 | 1.63 |
| Jun 30, 2021 | 1.70 |
API Access
Nortech Systems 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=NSYS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NSYS", "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=NSYS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();