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
DateValue
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