Trx Gold (TRX) Asset Utilization Ratio (2009 - 2026)
Trx Gold's (TRX) Asset Utilization Ratio was 0.70 for the quarter ended May 31, 2026, up 59.5% from 0.44 a year earlier and up 5.1% from the prior quarter.
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Analysis
Trx Gold (TRX) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For the year ended Aug 31, 2025, Asset Utilization Ratio at Trx Gold was 0.53, up 18.6% from the prior year.
- By year, Asset Utilization Ratio came in at 0.45 in the year ended Aug 31, 2024 (-8.4%), 0.49 in the year ended Aug 31, 2023 (+108.8%) and 0.24 in the year ended Aug 31, 2022.
- The figure for the quarter ended May 31, 2026 ranks as the highest quarterly Asset Utilization Ratio in data going back to the quarter ended Feb 28, 2009.
- Year over year, Asset Utilization Ratio has now increased in each of the last six quarters, with growth averaging 20.6% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was the quarter ended Feb 28, 2023 (growth of 613.8%); the low point was the quarter ended Aug 31, 2024 (a decline of 5.6%).
- Per Business Quant data, the three quarters before the quarter ended May 31, 2026 came in at 0.66 (quarter ended Feb 28, 2026), 0.57 (quarter ended Nov 30, 2025) and 0.50 (quarter ended Aug 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 181.90 Bn | 148.03 Bn | - | - |
| 2 | Southern Copper | 169.19 Bn | 148.06 Bn | 2.90 Bn | 0.69 |
| 3 | Newmont | 121.55 Bn | 89.73 Bn | 4.03 Bn | 0.45 |
| 4 | Ternium | 108.92 Bn | 73.97 Bn | 941.02 Mn | 0.66 |
| 5 | Freeport-Mcmoran | 100.46 Bn | 96.62 Bn | 2.19 Bn | 0.44 |
| 6 | Agnico Eagle Mines | 91.62 Bn | 91.62 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.12 Bn | 52.86 Bn | 2.90 Bn | 0.39 |
| 8 | Nucor | 53.04 Bn | 43.58 Bn | 2.03 Bn | 0.99 |
| 9 | ArcelorMittal | 50.74 Bn | 31.77 Bn | - | 0.64 |
| 10 | Trx Gold | 56.97 Mn | 19.99 Mn | 19.45 Mn | 0.70 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 0.70 |
| Feb 28, 2026 | 0.66 |
| Nov 30, 2025 | 0.57 |
| Aug 31, 2025 | 0.50 |
| May 31, 2025 | 0.44 |
| Feb 28, 2025 | 0.43 |
| Nov 30, 2024 | 0.44 |
| Aug 31, 2024 | 0.43 |
| May 31, 2024 | 0.41 |
| Feb 29, 2024 | 0.41 |
| Nov 30, 2023 | 0.44 |
| Aug 31, 2023 | 0.46 |
| May 31, 2023 | 0.43 |
| Feb 28, 2023 | 0.41 |
| Nov 30, 2022 | 0.34 |
| Aug 31, 2022 | 0.22 |
| May 31, 2022 | 0.14 |
| Feb 28, 2022 | 0.06 |
| May 31, 2013 | 0.00 |
| Feb 28, 2013 | 0.00 |
API Access
Trx Gold Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TRX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=TRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();