HeartBeam (BEAT) Asset Utilization Ratio (2021 - 2026)
HeartBeam's (BEAT) Asset Utilization Ratio was 0.01 for Q3 2026, down 58.2% from 0.04 a year earlier and down 2.0% from the prior quarter.
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Analysis
HeartBeam (BEAT) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at HeartBeam was 0.03, down 38.8% from FY2024.
- By year, Asset Utilization Ratio came in at 0.04 in FY2024 (-31.5%), 0.06 in FY2023 (+771.4%), 0.01 in FY2022 and -0.31 in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q4 2022.
- Year over year, Asset Utilization Ratio has now declined in each of the last seven quarters, with an average decline of 25.2% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2024 (growth of 237.4%); the low point was Q4 2025 (a decline of 68.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.02 (Q2 2026), 0.02 (Q1 2026) and 0.03 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 0.42 |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 0.44 |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 0.28 |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 0.58 |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 0.55 |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 0.46 |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 0.48 |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 0.77 |
| 10 | HeartBeam | 25.33 Mn | 4.13 Mn | - | 0.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.01 |
| Jun 30, 2026 | 0.02 |
| Mar 31, 2026 | 0.02 |
| Dec 31, 2025 | 0.03 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.03 |
| Mar 31, 2025 | 0.05 |
| Dec 31, 2024 | 0.09 |
| Sep 30, 2024 | 0.08 |
| Jun 30, 2024 | 0.07 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.04 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.03 |
| Dec 31, 2022 | 0.01 |
| Sep 30, 2022 | -0.09 |
| Jun 30, 2022 | -0.13 |
| Mar 31, 2022 | -0.16 |
| Dec 31, 2021 | -0.29 |
API Access
HeartBeam 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=BEAT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BEAT", "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=BEAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();