Smart Sand (SND) Asset Utilization Ratio (2016 - 2026)
Smart Sand's (SND) Asset Utilization Ratio stood at 1.13 in Q2 2026, up 24.7% from 0.91 a year earlier and up 7.1% from the prior quarter.
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Analysis
Smart Sand (SND) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
For FY2025, Smart Sand's Asset Utilization Ratio came in at 0.97, up 7.0% from FY2024.
- Annual Asset Utilization Ratio has increased for five straight years.
- Across earlier years, Asset Utilization Ratio came in at 0.91 in FY2024 (+8.0%), 0.84 in FY2023 (+20.3%), 0.70 in FY2022 (+120.5%) and 0.32 in FY2021 (+2.2%).
- The Q2 2026 figure is the highest quarterly Asset Utilization Ratio in data going back to Q4 2016.
- On a year-over-year basis, Asset Utilization Ratio has increased for seven consecutive quarters, with growth averaging 9.8% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 116.8% in Q1 2023, against a decline of 16.6% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.06 (Q1 2026), 0.97 (Q4 2025) and 0.97 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 0.69 |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 0.45 |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 0.66 |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 0.44 |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 0.39 |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 0.99 |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 0.64 |
| 10 | Smart Sand | 199.47 Mn | 142.18 Mn | 19.83 Mn | 1.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.13 |
| Mar 31, 2026 | 1.06 |
| Dec 31, 2025 | 0.97 |
| Sep 30, 2025 | 0.97 |
| Jun 30, 2025 | 0.91 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.92 |
| Sep 30, 2024 | 0.83 |
| Jun 30, 2024 | 0.86 |
| Mar 31, 2024 | 0.85 |
| Dec 31, 2023 | 0.85 |
| Sep 30, 2023 | 0.89 |
| Jun 30, 2023 | 0.85 |
| Mar 31, 2023 | 0.82 |
| Dec 31, 2022 | 0.70 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.49 |
| Mar 31, 2022 | 0.38 |
| Dec 31, 2021 | 0.33 |
| Sep 30, 2021 | 0.30 |
API Access
Smart Sand Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SND&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "SND", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=SND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();