Northern Technologies International (NTIC) Asset Utilization Ratio (2011 - 2026)

Northern Technologies International's (NTIC) quarterly Asset Utilization Ratio came in at 0.87 in Q2 2026, down 1.96% year-on-year from 0.88 in Q2 2025, and up 1.53% quarter-over-quarter from 0.85 in Q1 2026.

Northern Technologies International (NTIC) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

Northern Technologies International's Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.87 for Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 1.96% year-over-year to 0.87 in Q2 2026; TTM through May 2026 was 0.87, a 1.96% decrease from a year earlier, with the FY2025 full-year figure at 0.85, down 7.69% from the prior year.
  • Asset Utilization Ratio advanced to 0.87 in Q2 2026 per NTIC's latest filing, from 0.85 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.94 in Q1 2024 and bottomed at 0.78 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.9 (2023), against an average of 0.88.
  • Across the five-year window, Asset Utilization Ratio increased 21.22% in 2022 and retreated 9.84% in 2025, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.89 in 2022, then advanced by 0.91% to 0.9 in 2023, then rose by 1.57% to 0.91 in 2024, then slipped by 8.75% to 0.83 in 2025, then grew by 3.9% to 0.87 in 2026.
  • Per Business Quant, the three latest NTIC Asset Utilization Ratio figures stand at 0.87 (Q2 2026), 0.85 (Q1 2026), and 0.83 (Q4 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 0.40
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 0.92
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn 0.66
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 0.30
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 0.73
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn 0.87
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn 0.35
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 0.43
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 0.32
10 Northern Technologies International 77.78 Mn 70.50 Mn 8.14 Mn 0.87

Historic Data

Download Data
DateValue
May 31, 2026 0.87
Feb 28, 2026 0.85
Nov 30, 2025 0.83
Aug 31, 2025 0.83
May 31, 2025 0.88
Feb 28, 2025 0.90
Nov 30, 2024 0.91
Aug 31, 2024 0.92
May 31, 2024 0.93
Feb 29, 2024 0.94
Nov 30, 2023 0.90
Aug 31, 2023 0.91
May 31, 2023 0.92
Feb 28, 2023 0.91
Nov 30, 2022 0.89
Aug 31, 2022 0.87
May 31, 2022 0.82
Feb 28, 2022 0.78
Nov 30, 2021 0.79
Aug 31, 2021 0.77