Bio-Rad Laboratories (BIO) Asset Utilization Ratio (2009 - 2026)
Bio-Rad Laboratories' (BIO) Asset Utilization Ratio stood at 0.25 in Q3 2026, down 4.0% from 0.26 a year earlier and down 4.6% from the prior quarter.
Analysis
Bio-Rad Laboratories (BIO) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Bio-Rad Laboratories' Asset Utilization Ratio came in at 0.26, up 9.3% from FY2024.
- Annual Asset Utilization Ratio has increased for three straight years.
- Across earlier years, Asset Utilization Ratio came in at 0.24 in FY2024 (+14.4%), 0.21 in FY2023 (+15.6%), 0.18 in FY2022 (-5.7%) and 0.19 in FY2021 (-21.7%).
- The Q3 2026 figure is the lowest quarterly Asset Utilization Ratio since Q2 2024.
- On a year-over-year basis, Asset Utilization Ratio has declined for four consecutive quarters, with growth averaging 6.0% over the last eight quarters.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 41.6% in Q4 2022, against a decline of 24.0% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.26 (Q2 2026), 0.25 (Q1 2026) and 0.25 (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 | Bio-Rad Laboratories | 9.85 Bn | 3.46 Bn | 328.60 Mn | 0.25 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.25 |
| Jun 30, 2026 | 0.26 |
| Mar 31, 2026 | 0.25 |
| Dec 31, 2025 | 0.25 |
| Sep 30, 2025 | 0.26 |
| Jun 30, 2025 | 0.26 |
| Mar 31, 2025 | 0.27 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.25 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.21 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.22 |
| Mar 31, 2023 | 0.20 |
| Dec 31, 2022 | 0.22 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.18 |
| Dec 31, 2021 | 0.15 |
API Access
Bio-Rad Laboratories 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=BIO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "BIO", "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=BIO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();