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

Northern Technologies International's Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.85 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio fell 5.16% year-over-year to 0.85; the TTM figure through Feb 2026 stood at 0.85 (down 5.16% YoY), while the FY2025 annual figure was 0.85, down 7.69% from the prior year.
• Asset Utilization Ratio was 0.85 for Q1 2026 at Northern Technologies International, up from 0.83 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.94 in Q1 2024 to a low of 0.78 in Q1 2022.
• Historically, Asset Utilization Ratio has averaged 0.88 across 5 years, with a median of 0.9 in 2023.
• The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio climbed 21.22% in 2022, then declined 9.84% in 2025.
• A 5-year view of Asset Utilization Ratio shows it 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 increased by 2.33% to 0.85 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.85 (Q1 2026), 0.83 (Q4 2025), and 0.83 (Q3 2025), per Business Quant data.