Smart Sand (SND) Asset Utilization Ratio (2016 - 2026)

Smart Sand's Asset Utilization Ratio history runs 11 years deep, the most recent figure standing at 1.06 for Q1 2026.

• In Q1 2026, Asset Utilization Ratio rose 20.42% year-over-year to 1.06; the TTM figure through Mar 2026 stood at 1.06 (up 20.42% YoY), while the FY2025 annual figure was 0.97, up 7.01% from the prior year.
• Asset Utilization Ratio was 1.06 for Q1 2026 at Smart Sand, up from 0.97 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 1.06 in Q1 2026 to a low of 0.38 in Q1 2022.
• Historically, Asset Utilization Ratio has averaged 0.81 across 5 years, with a median of 0.85 in 2023.
• The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio surged 116.81% in 2023, then declined 6.04% in 2024.
• A 5-year view of Asset Utilization Ratio shows it stood at 0.7 in 2022, then gained by 22.85% to 0.85 in 2023, then grew by 7.6% to 0.92 in 2024, then climbed by 5.14% to 0.97 in 2025, then increased by 9.53% to 1.06 in 2026.
• The last three Asset Utilization Ratio figures came in at 1.06 (Q1 2026), 0.97 (Q4 2025), and 0.97 (Q3 2025), per Business Quant data.