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
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