Ranger Energy Services (RNGR) Asset Utilization Ratio (2017 - 2026)
Ranger Energy Services (RNGR) reported Asset Utilization Ratio of 1.3 for Q1 2026, down 13.49% on a YoY basis from 1.5 in Q1 2025, and down 5.89% quarter-over-quarter from 1.38 in Q4 2025.
Ranger Energy Services (RNGR) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
Ranger Energy Services has reported Asset Utilization Ratio for 10 years, with the latest figure at 1.3 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 13.49% year-over-year to 1.3; the trailing twelve-month figure through Mar 2026 stood at 1.3 (down 13.49% YoY), and the FY2025 full-year result was 1.37, down 9.18% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.3, down from 1.38 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.76 in Q2 2023, with the low at 0.96 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 1.5 across 5 years, with a median of 1.51 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 102.67% — and 2026, when it decreased 13.49%.
- Ranger Energy Services' Asset Utilization Ratio stood at 1.54 in 2022, then increased by 7.1% to 1.65 in 2023, then dropped by 8.39% to 1.51 in 2024, then decreased by 8.66% to 1.38 in 2025, then dropped by 5.89% to 1.3 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.3 (Q1 2026), 1.38 (Q4 2025), and 1.45 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.51 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.61 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.88 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.22 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.77 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.95 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 0.35 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 0.30 |
| 10 | Ranger Energy Services | 364.22 Mn | 357.32 Mn | 28.50 Mn | 1.30 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.30 |
| Dec 31, 2025 | 1.38 |
| Sep 30, 2025 | 1.45 |
| Jun 30, 2025 | 1.51 |
| Mar 31, 2025 | 1.50 |
| Dec 31, 2024 | 1.51 |
| Sep 30, 2024 | 1.58 |
| Jun 30, 2024 | 1.65 |
| Mar 31, 2024 | 1.68 |
| Dec 31, 2023 | 1.65 |
| Sep 30, 2023 | 1.69 |
| Jun 30, 2023 | 1.76 |
| Mar 31, 2023 | 1.70 |
| Dec 31, 2022 | 1.54 |
| Sep 30, 2022 | 1.45 |
| Jun 30, 2022 | 1.24 |
| Mar 31, 2022 | 0.96 |
| Dec 31, 2021 | 0.80 |
| Sep 30, 2021 | 0.72 |
| Jun 30, 2021 | 0.68 |