Track (TRCK) Asset Utilization Ratio (2010 - 2026)
Track (TRCK) reported Asset Utilization Ratio of 0.92 for Q1 2026, down 4.89% on a YoY basis from 0.96 in Q1 2025, and up 2.6% quarter-over-quarter from 0.89 in Q4 2025.
Track (TRCK) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Track has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.92 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 4.89% year-over-year to 0.92; the trailing twelve-month figure through Mar 2026 stood at 0.92 (down 4.89% YoY), and the FY2025 full-year result was 0.9, down 4.6% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.92, up from 0.89 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.98 in Q3 2024, with the low at 0.76 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.87 across 5 years, with a median of 0.88 in 2025.
- Annual changes were most pronounced in 2024 — Asset Utilization Ratio grew 15.21% — and 2025, when it fell 10.7%.
- Track's Asset Utilization Ratio stood at 0.8 in 2022, then rose by 7.49% to 0.86 in 2023, then increased by 12.51% to 0.97 in 2024, then dropped by 8.06% to 0.89 in 2025, then advanced by 2.6% to 0.92 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.92 (Q1 2026), 0.89 (Q4 2025), and 0.88 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 0.41 |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 0.50 |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 0.68 |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 0.40 |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 0.46 |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 0.36 |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 0.40 |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 0.52 |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 0.52 |
| 10 | Track | - | - | 4.49 Mn | 0.92 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.92 |
| Dec 31, 2025 | 0.89 |
| Sep 30, 2025 | 0.88 |
| Jun 30, 2025 | 0.93 |
| Mar 31, 2025 | 0.96 |
| Dec 31, 2024 | 0.97 |
| Sep 30, 2024 | 0.98 |
| Jun 30, 2024 | 0.93 |
| Mar 31, 2024 | 0.88 |
| Dec 31, 2023 | 0.86 |
| Sep 30, 2023 | 0.85 |
| Jun 30, 2023 | 0.83 |
| Mar 31, 2023 | 0.79 |
| Dec 31, 2022 | 0.80 |
| Sep 30, 2022 | 0.81 |
| Jun 30, 2022 | 0.78 |
| Mar 31, 2022 | 0.76 |
| Dec 31, 2021 | 0.75 |
| Sep 30, 2021 | 0.74 |
| Jun 30, 2021 | 0.72 |