Azenta (AZTA) Asset Utilization Ratio (2011 - 2026)
Azenta's Asset Utilization Ratio was 0.32 in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 12.5% from 0.29 a year earlier and up 8.3% from the prior quarter.
Azenta (AZTA) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Asset Utilization Ratio at Azenta came in at 0.29, up 24.1% from FY2024.
- In earlier fiscal years, Asset Utilization Ratio was 0.23 in FY2024 (+37.7%), 0.17 in FY2023 (-16.8%), 0.20 in FY2022 (-34.0%) and 0.30 in FY2021 (+20.3%).
- The fiscal Q3 2026 figure marks the highest quarterly Asset Utilization Ratio since fiscal Q3 2019.
- Compared with a year earlier, Asset Utilization Ratio has increased for eight straight quarters, with growth averaging 28.4% over the last eight quarters.
- The best year-over-year quarter for Asset Utilization Ratio over five years was fiscal Q1 2025 (growth of 54.8%); the worst was fiscal Q3 2022 (a decline of 50.3%).
- Per Business Quant data, AZTA's Asset Utilization Ratio in the three fiscal quarters before Q3 2026 was 0.30 (Q2 2026), 0.29 (Q1 2026) and 0.29 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | 0.42 |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 0.44 |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | 0.28 |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | 0.58 |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | 0.55 |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | 0.46 |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | 0.48 |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | 0.46 |
| 10 | Azenta | 1.77 Bn | 314.25 Mn | 72.36 Mn | 0.32 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.30 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.28 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.20 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.18 |
| Sep 30, 2023 | 0.19 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.18 |
| Dec 31, 2022 | 0.17 |
| Sep 30, 2022 | 0.15 |
| Jun 30, 2022 | 0.14 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.29 |
Azenta 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=AZTA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "AZTA", "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=AZTA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();