Bio-Rad Laboratories (BIO) Asset Utilization Ratio (2010 - 2026)
Bio-Rad Laboratories' (BIO) Asset Utilization Ratio stood at 0.26 in Q2 2026, down 0.1% from 0.26 a year earlier but up 1.6% from the prior quarter.
Bio-Rad Laboratories (BIO) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Starting with Q3 2010, Bio-Rad Laboratories' Asset Utilization Ratio history includes 64 quarters.
- 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%).
- Quarterly Asset Utilization Ratio has ranged from 0.15 in Q4 2021 to 0.27 in Q1 2025 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio has declined for three consecutive quarters, with growth averaging 8.0% 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 0.25 (Q1 2026), 0.25 (Q4 2025) and 0.26 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 0.47 |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 0.46 |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 0.48 |
| 10 | Bio-Rad Laboratories | 10.10 Bn | 3.96 Bn | 345.80 Mn | 0.26 |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 0.17 |
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();