3 Metrics Every Equipment Business Should Track in 2026
- EBS McBlog Network

- 11 minutes ago
- 2 min read

As we head into a new year, many equipment businesses are thinking about growth, efficiency, and profitability. New jobs, new customers, and new opportunities are exciting, but they also bring new challenges. The difference between reacting to problems and staying ahead of them often comes down to having the right data at the right time.
If there are only a few numbers you focus on this year, make them these three. Together, they give you a clear picture of how your equipment is performing, where money is being made, and where it may be quietly leaking out of your operation.
1. Utilization Rate
Utilization rate answers a simple but powerful question: Are your assets actually being used?
It measures how often your equipment is working compared to how often it is available. Low utilization can indicate over-purchasing, poor scheduling, or assets sitting idle while still costing you money. High utilization, on the other hand, helps justify equipment investments and confirms that your fleet is aligned with demand.
Tracking utilization allows you to:
Identify underused or overused equipment
Make informed decisions about buying, selling, or renting assets
Improve scheduling and job planning
Increase return on investment (ROI)
In 2026, guessing is no longer enough. Knowing exactly how hard your equipment is working puts you in control.
2. Downtime
Downtime is one of the most expensive and frustrating issues equipment businesses face. Whether it’s due to unexpected breakdowns, delayed maintenance, or parts availability, every hour of downtime represents lost productivity and potential revenue.
Tracking downtime helps you move from reactive fixes to proactive planning. When you can see patterns—such as repeated failures or frequent service delays—you can address root causes before they impact operations.
Monitoring downtime allows you to:
Reduce unexpected equipment failures
Improve preventive maintenance schedules
Minimize job delays and customer dissatisfaction
Extend the lifespan of your equipment
Less downtime means more reliability, stronger customer trust, and smoother day-to-day operations.
3. Cost Per Hour
Cost per hour is one of the most important—but often overlooked—metrics in equipment operations. It reveals the true cost of running each piece of equipment, factoring in maintenance, repairs, labor, fuel, and operating expenses.
Without this insight, it’s easy to underprice jobs, overlook unprofitable assets, or delay replacing equipment that is costing more than it’s worth.
Tracking cost per hour helps you:
Accurately price jobs and rentals
Identify equipment that is eroding margins
Compare performance across similar assets
Plan smarter replacements and upgrades
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