Trutankless TKLS
OTC TKLS
$0.48 +0.00 (+0.00%)
At close: Sep 10, 2026 · 4:00 PM EDT

Trutankless (TKLS) Asset Utilization Ratio (2016 - 2026)

Trutankless (TKLS) posted Asset Utilization Ratio of 0.41 for Q2 2026, up 15.96% on a QoQ basis from 0.36 in Q1 2026, and up 93.25% year-over-year from 0.21 in Q2 2025.

Analysis

Trutankless (TKLS) Asset Utilization Ratio (2016 - 2026) Analysis & Trends

Trutankless has reported Asset Utilization Ratio for 11 years, with the latest figure at 0.41 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 93.25% year-over-year to 0.41 in Q2 2026; TTM through Jun 2026 was 0.41, a 93.25% increase from a year earlier, with the FY2025 full-year figure at 0.33, up 150.75% from the prior year.
  • Asset Utilization Ratio was 0.41 for Q2 2026 at Trutankless, up from 0.36 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.44 in Q1 2022, with the low at 0.01 in Q1 2024.
  • Average Asset Utilization Ratio over 5 years is 0.22, with a median of 0.22 recorded in 2023.
  • The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio slumped 96.65% in 2023, then jumped 2011.74% in 2025.
  • Over 5 years, Asset Utilization Ratio stood at 0.31 in 2022, then sank by 96.65% to 0.01 in 2023, then jumped by 660.12% to 0.08 in 2024, then surged by 321.83% to 0.34 in 2025, then climbed by 22.76% to 0.41 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.41 (Q2 2026), 0.36 (Q1 2026), and 0.34 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Trane Technologies 97.32 Bn 96.02 Bn 2.26 Bn 0.95
2 Johnson Controls International 88.44 Bn 87.84 Bn 2.47 Bn 0.65
3 Comfort Systems Usa 59.52 Bn 57.67 Bn 844.23 Mn 0.51
4 Carrier Global 47.35 Bn 46.33 Bn 1.94 Bn 0.59
5 Lennox International 12.64 Bn 12.59 Bn 539.50 Mn 1.20
6 Modine Manufacturing 9.98 Bn 9.92 Bn - -
7 SPX Technologies 9.61 Bn 9.44 Bn 272.80 Mn 0.63
8 Smith A O 7.80 Bn 7.62 Bn 387.80 Mn 1.04
9 Aaon 6.58 Bn 6.58 Bn 152.49 Mn 1.06
10 Trutankless 70.52 Mn 70.37 Mn 300,215.00 0.41
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.41
Mar 31, 2026 0.36
Dec 31, 2025 0.34
Sep 30, 2025 0.23
Jun 30, 2025 0.21
Mar 31, 2025 0.20
Dec 31, 2024 0.08
Sep 30, 2024 0.11
Jun 30, 2024 0.03
Mar 31, 2024 0.01
Dec 31, 2023 0.01
Sep 30, 2023 0.15
Jun 30, 2023 0.22
Mar 31, 2023 0.27
Dec 31, 2022 0.31
Sep 30, 2022 0.26
Jun 30, 2022 0.36
Mar 31, 2022 0.44
Dec 31, 2021 0.21
Sep 30, 2021 0.19