Northern Technologies International (NTIC) Asset Utilization Ratio (2011 - 2026)
Northern Technologies International (NTIC) posted quarterly Asset Utilization Ratio of 0.87 for Q2 2026, down 1.96% year-over-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.
- In Q2 2026, Asset Utilization Ratio fell 1.96% year-over-year to 0.87; the TTM figure through May 2026 stood at 0.87 (down 1.96% YoY), while the FY2025 annual figure was 0.85, down 7.69% from the prior year.
- Asset Utilization Ratio for Q2 2026 stood at 0.87, up from 0.85 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.94 in Q1 2024, with the low at 0.78 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.9 (2023), against an average of 0.88.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio advanced 21.22% in 2022, then dropped 9.84% in 2025.
- Northern Technologies International's Asset Utilization Ratio stood at 0.89 in 2022, then gained by 0.91% to 0.9 in 2023, then increased by 1.57% to 0.91 in 2024, then decreased by 8.75% to 0.83 in 2025, then climbed by 3.9% to 0.87 in 2026.
- Business Quant data shows NTIC's Asset Utilization Ratio at 0.87 in Q2 2026, 0.85 in Q1 2026, and 0.83 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 225.49 Bn | 220.59 Bn | 4.43 Bn | 0.41 |
| 2 | Sherwin Williams | 84.85 Bn | 84.56 Bn | 3.34 Bn | 0.92 |
| 3 | Ecolab | 78.68 Bn | 73.54 Bn | 1.95 Bn | 0.62 |
| 4 | Air Products & Chemicals | 68.60 Bn | 67.62 Bn | 1.04 Bn | 0.31 |
| 5 | Ppg Industries | 25.36 Bn | 23.77 Bn | 1.81 Bn | 0.73 |
| 6 | Chemical & Mining Co Of Chile | 23.39 Bn | 19.52 Bn | 778.60 Mn | 0.35 |
| 7 | LyondellBasell Industries | 21.88 Bn | 19.25 Bn | 2.04 Bn | 0.91 |
| 8 | International Flavors & Fragrances | 21.50 Bn | 20.93 Bn | 853.00 Mn | 0.40 |
| 9 | DuPont de Nemours | 18.88 Bn | 17.14 Bn | 639.00 Mn | 0.33 |
| 10 | Northern Technologies International | 76.73 Mn | 69.45 Mn | 8.14 Mn | 0.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |