Tandy Leather Factory (TLF) Asset Utilization Ratio (2011 - 2026)
Tandy Leather Factory (TLF) posted Asset Utilization Ratio of 0.88 for Q1 2026, down 5.27% on a QoQ basis from 0.93 in Q3 2025, and down 9.63% year-over-year from 0.97 in Q1 2025.
Tandy Leather Factory (TLF) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Tandy Leather Factory's Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.88 for Q1 2026.
- Quarterly Asset Utilization Ratio fell 9.63% year-over-year to 0.88 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.88 (down 9.63% YoY) and the FY2024 annual result came in at 1.01, down 6.62% from the prior year.
- Asset Utilization Ratio was 0.88 for Q1 2026 at Tandy Leather Factory, down from 0.93 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.17 in Q1 2023 and bottomed at 0.88 in Q1 2026.
- A 5-year average of 1.06 and a median of 1.06 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio grew 25.13% — and 2024, when it retreated 11.36%.
- Tandy Leather Factory's Asset Utilization Ratio stood at 1.16 in 2022, then dropped by 6.46% to 1.08 in 2023, then slipped by 7.13% to 1.01 in 2024, then retreated by 7.95% to 0.93 in 2025, then fell by 5.27% to 0.88 in 2026.
- Business Quant data shows TLF's Asset Utilization Ratio at 0.88 in Q1 2026, 0.93 in Q3 2025, and 0.97 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 32.13 Bn | 31.61 Bn | 1.08 Bn | 2.00 |
| 2 | NaaS Technology | 30.58 Bn | 30.58 Bn | - | - |
| 3 | Williams Sonoma | 28.34 Bn | 27.33 Bn | 1.10 Bn | 1.46 |
| 4 | Ulta Beauty | 23.18 Bn | 22.69 Bn | 1.48 Bn | 1.77 |
| 5 | Best Buy | 18.52 Bn | 16.77 Bn | 2.10 Bn | 2.83 |
| 6 | Dick'S Sporting Goods | 16.59 Bn | 15.24 Bn | 1.77 Bn | 0.99 |
| 7 | MINISO Group Holding | 16.05 Bn | 14.98 Bn | 414.86 Mn | 0.75 |
| 8 | Tractor Supply | 15.89 Bn | 15.66 Bn | 1.30 Bn | 2.41 |
| 9 | Five Below | 12.09 Bn | 11.16 Bn | 696.98 Mn | 0.98 |
| 10 | Tandy Leather Factory | 19.45 Mn | 9.34 Mn | 11.99 Mn | 0.88 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.88 |
| Sep 30, 2025 | 0.93 |
| Jun 30, 2025 | 0.97 |
| Mar 31, 2025 | 0.97 |
| Dec 31, 2024 | 1.01 |
| Sep 30, 2024 | 1.03 |
| Jun 30, 2024 | 1.03 |
| Mar 31, 2024 | 1.04 |
| Dec 31, 2023 | 1.08 |
| Sep 30, 2023 | 1.11 |
| Jun 30, 2023 | 1.14 |
| Mar 31, 2023 | 1.17 |
| Dec 31, 2022 | 1.16 |
| Sep 30, 2022 | 1.15 |
| Jun 30, 2022 | 1.14 |
| Mar 31, 2022 | 1.12 |
| Dec 31, 2021 | 1.11 |
| Sep 30, 2021 | 1.07 |
| Jun 30, 2021 | 1.02 |
| Mar 31, 2021 | 0.90 |