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| 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 |