Tandy Leather Factory (TLF) Asset Utilization Ratio (2011 - 2026)
Tandy Leather Factory (TLF) reported Asset Utilization Ratio of 0.88 for Q1 2026, down 9.63% on a YoY basis from 0.97 in Q1 2025, and down 5.27% quarter-over-quarter from 0.93 in Q3 2025.
Tandy Leather Factory (TLF) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Tandy Leather Factory has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.88 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 9.63% year-over-year to 0.88; the trailing twelve-month figure through Mar 2026 stood at 0.88 (down 9.63% YoY), and the FY2024 full-year result was 1.01, down 6.62% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.88, down from 0.93 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.17 in Q1 2023, with the low at 0.88 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 1.06 across 5 years, with a median of 1.06 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio gained 25.13% — and 2024, when it dropped 11.36%.
- Tandy Leather Factory's Asset Utilization Ratio stood at 1.16 in 2022, then decreased by 6.46% to 1.08 in 2023, then retreated by 7.13% to 1.01 in 2024, then declined by 7.95% to 0.93 in 2025, then dropped by 5.27% to 0.88 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.88 (Q1 2026), 0.93 (Q3 2025), and 0.97 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 27.84 Bn | 27.38 Bn | 1.01 Bn | 1.98 |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 1.46 |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 1.77 |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 0.99 |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 2.41 |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 2.83 |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 0.98 |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 4.10 |
| 10 | Tandy Leather Factory | 18.80 Mn | 8.69 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 |