Titan Machinery (TITN) Asset Utilization Ratio (2011 - 2026)
Titan Machinery (TITN) posted Asset Utilization Ratio of 1.46 for Q2 2026, up 1.68% sequentially from 1.43 in Q1 2026, and down 1.34% YoY from 1.48 in Q2 2025.
Analysis
Titan Machinery (TITN) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Titan Machinery has reported Asset Utilization Ratio for 16 years, with the latest figure at 1.46 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 1.34% year-over-year to 1.46 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 1.46 (down 1.34% YoY) and the FY2026 annual result came in at 1.41, changed 0.35% from the prior year.
- Asset Utilization Ratio advanced to 1.46 in Q2 2026 per TITN's latest filing, from 1.43 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.94 in Q4 2022 and troughed at 0.93 in Q4 2024.
- A 5-year average of 1.42 and a median of 1.42 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio sank 34.5% in 2023, then jumped 50.18% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 1.94 in 2022, then tumbled by 34.5% to 1.27 in 2023, then fell by 26.77% to 0.93 in 2024, then surged by 50.18% to 1.4 in 2025, then advanced by 4.43% to 1.46 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.46, 1.43, and 1.4 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | W.W. Grainger | 60.76 Bn | 60.17 Bn | 1.98 Bn | 2.01 |
| 2 | Fastenal | 55.17 Bn | 54.97 Bn | 1.06 Bn | 1.67 |
| 3 | Ferguson Enterprises | 43.00 Bn | 42.18 Bn | 2.32 Bn | 1.77 |
| 4 | Wesco International | 16.30 Bn | 15.49 Bn | 1.46 Bn | 1.44 |
| 5 | Applied Industrial Technologies | 11.95 Bn | 11.82 Bn | 411.22 Mn | 1.66 |
| 6 | Watsco | 11.80 Bn | 11.33 Bn | 578.93 Mn | 1.50 |
| 7 | Core & Main | 8.27 Bn | 8.12 Bn | 520.00 Mn | 1.23 |
| 8 | Pool | 6.62 Bn | 6.58 Bn | 540.76 Mn | 1.39 |
| 9 | Msc Industrial Direct | 6.52 Bn | 6.45 Bn | 430.41 Mn | 1.58 |
| 10 | Titan Machinery | 532.61 Mn | 532.61 Mn | 89.28 Mn | 1.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 1.46 |
| Jan 31, 2026 | 1.43 |
| Oct 31, 2025 | 1.40 |
| Jul 31, 2025 | 1.40 |
| Apr 30, 2025 | 1.48 |
| Jan 31, 2025 | 1.38 |
| Oct 31, 2024 | 0.93 |
| Jul 31, 2024 | 0.94 |
| Apr 30, 2024 | 1.00 |
| Jan 31, 2024 | 1.09 |
| Oct 31, 2023 | 1.27 |
| Jul 31, 2023 | 1.37 |
| Apr 30, 2023 | 1.43 |
| Jan 31, 2023 | 1.50 |
| Oct 31, 2022 | 1.94 |
| Jul 31, 2022 | 1.84 |
| Apr 30, 2022 | 1.84 |
| Jan 31, 2022 | 1.90 |
| Oct 31, 2021 | 1.94 |
| Jul 31, 2021 | 1.85 |