Triple Flag Precious Metals (TFPM) Asset Utilization Ratio (2023 - 2026)
Triple Flag Precious Metals' (TFPM) Asset Utilization Ratio was 0.20 for Q2 2026, up 14.6% from 0.18 a year earlier but down 2.6% from the prior quarter.
Triple Flag Precious Metals (TFPM) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Dating back to Q4 2022, Triple Flag Precious Metals' Asset Utilization Ratio record includes 13 quarters.
- By year, Asset Utilization Ratio came in at 0.15 in FY2024 (+16.3%), 0.13 in FY2023 (-6.5%) and 0.14 in FY2022.
- Five-year quarterly Asset Utilization Ratio spans a low of 0.08 in Q2 2023 and a high of 0.21 in Q1 2026.
- Year over year, Asset Utilization Ratio has now increased in each of the last five quarters, with growth averaging 37.2% over the last seven quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q3 2024 (growth of 62.1%); the low point was Q4 2023 (a decline of 13.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.21 (Q1 2026), 0.19 (Q4 2025) and 0.18 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.92 Bn | 121.05 Bn | - | 0.16 |
| 2 | Spdr Gold Trust | 136.71 Bn | -421.29 Bn | - | - |
| 3 | Blackstone | 88.22 Bn | 78.20 Bn | - | 0.33 |
| 4 | Brookfield | 83.92 Bn | -99.40 Bn | - | 0.15 |
| 5 | Kkr | 79.85 Bn | -3.72 Mn | - | 0.05 |
| 6 | Brookfield Asset Management | 73.42 Bn | 68.22 Bn | - | 0.30 |
| 7 | Apollo Global Management | 65.92 Bn | -16.87 Bn | 10.56 Bn | 0.07 |
| 8 | Wheaton Precious Metals | 59.50 Bn | 54.92 Bn | 687.86 Mn | 0.00 |
| 9 | Franco Nevada | 46.38 Bn | 43.74 Bn | 451.00 Mn | 0.26 |
| 10 | Triple Flag Precious Metals | 6.24 Bn | 5.83 Bn | 88.25 Mn | 0.20 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.20 |
| Mar 31, 2026 | 0.21 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 0.18 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | 0.15 |
| Sep 30, 2024 | 0.14 |
| Jun 30, 2024 | 0.12 |
| Dec 31, 2023 | 0.10 |
| Sep 30, 2023 | 0.09 |
Triple Flag Precious Metals 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=TFPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TFPM", "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=TFPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();