Titan Machinery (TITN) Asset Utilization Ratio (2011 - 2026)
Titan Machinery's (TITN) Asset Utilization Ratio stood at 1.42 in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 1.2% from 1.40 a year earlier but down 2.5% from the prior quarter.
Titan Machinery (TITN) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2026 (ended Jan 31, 2026), Titan Machinery's Asset Utilization Ratio came in at 1.41, down 0.4% from FY2025.
- Annual Asset Utilization Ratio has declined for three straight fiscal years.
- Across earlier fiscal years, Asset Utilization Ratio came in at 1.42 in FY2025 (-18.1%), 1.73 in FY2024 (-16.2%), 2.07 in FY2023 (+6.5%) and 1.94 in FY2022 (+23.3%).
- Quarterly Asset Utilization Ratio has ranged from 1.29 in fiscal Q3 2025 to 1.94 in fiscal Q3 2023 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio rose in five of the last eight quarters, with an average year-over-year change of 0.0%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 35.1% in fiscal Q3 2022, against a decline of 23.5% in fiscal Q1 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 1.46 (Q1 2027), 1.43 (Q4 2026) and 1.40 (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | United Rentals | 70.32 Bn | 69.44 Bn | 2.05 Bn | 0.55 |
| 2 | W.W. Grainger | 68.06 Bn | 65.42 Bn | 2.01 Bn | 1.96 |
| 3 | Fastenal | 62.73 Bn | 61.73 Bn | 1.10 Bn | 1.68 |
| 4 | Ferguson Enterprises | 50.77 Bn | 47.99 Bn | 2.32 Bn | 1.77 |
| 5 | Sunbelt Rentals Holdings | 33.62 Bn | 33.50 Bn | 1.25 Bn | 0.50 |
| 6 | Reliance | 21.51 Bn | 20.57 Bn | 1.45 Bn | 1.52 |
| 7 | Wesco International | 15.41 Bn | 12.46 Bn | 1.57 Bn | 1.42 |
| 8 | Watsco | 12.14 Bn | 9.83 Bn | 578.93 Mn | 1.50 |
| 9 | Applied Industrial Technologies | 10.93 Bn | 10.82 Bn | 392.21 Mn | 1.69 |
| 10 | Titan Machinery | 553.13 Mn | 553.13 Mn | 92.40 Mn | 1.42 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.42 |
| 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 | 1.29 |
| Jul 31, 2024 | 1.30 |
| Apr 30, 2024 | 1.38 |
| Jan 31, 2024 | 1.51 |
| Oct 31, 2023 | 1.57 |
| Jul 31, 2023 | 1.70 |
| Apr 30, 2023 | 1.81 |
| Jan 31, 2023 | 1.91 |
| 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 |
Titan Machinery 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=TITN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TITN", "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=TITN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();