CareDx (CDNA) Asset Utilization Ratio (2014 - 2026)
CareDx's (CDNA) quarterly Asset Utilization Ratio came in at 0.97 in Q2 2026, up 32.96% year-over-year from 0.73 in Q2 2025, and down 3.11% quarter-over-quarter from 1.0 in Q1 2026.
Analysis
CareDx (CDNA) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
CareDx has disclosed Asset Utilization Ratio across 13 years of filings, most recently posting 0.97 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 32.96% year-over-year to 0.97; the TTM figure through Jun 2026 stood at 0.97 (up 32.96% YoY), while the FY2025 annual figure was 0.84, up 20.53% from the prior year.
- Asset Utilization Ratio came in at 0.97 for Q2 2026 at CareDx, down from 1.0 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.0 in Q1 2026 to a low of 0.55 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.69, with a median of 0.62 recorded in 2024.
- Year-over-year, Asset Utilization Ratio declined 2.13% in 2023 and surged 41.78% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.59 in 2022, then dropped by 2.13% to 0.58 in 2023, then increased by 19.07% to 0.69 in 2024, then surged by 30.27% to 0.9 in 2025, then grew by 8.03% to 0.97 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.97 in Q2 2026, 1.0 in Q1 2026, and 0.9 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 53.05 Bn | 51.95 Bn | 486.15 Mn | 1.03 |
| 2 | Quest Diagnostics | 27.19 Bn | 26.87 Bn | 1.03 Bn | 0.69 |
| 3 | Labcorp Holdings | 25.93 Bn | 25.81 Bn | 1.11 Bn | 0.76 |
| 4 | Guardant Health | 23.97 Bn | 22.91 Bn | 219.03 Mn | 0.62 |
| 5 | Tempus AI | 13.64 Bn | 12.82 Bn | 274.25 Mn | 0.64 |
| 6 | Caris Life Sciences | 8.47 Bn | 7.68 Bn | 182.38 Mn | 0.83 |
| 7 | Sotera Health | 5.35 Bn | 4.99 Bn | 177.96 Mn | 0.37 |
| 8 | BillionToOne | 4.96 Bn | 4.41 Bn | 77.11 Mn | 0.56 |
| 9 | Adaptive Biotechnologies | 4.55 Bn | 4.21 Bn | 51.39 Mn | 0.54 |
| 10 | CareDx | 2.77 Bn | 2.40 Bn | 116.03 Mn | 0.97 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.97 |
| Mar 31, 2026 | 1.00 |
| Dec 31, 2025 | 0.90 |
| Sep 30, 2025 | 0.82 |
| Jun 30, 2025 | 0.73 |
| Mar 31, 2025 | 0.71 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.65 |
| Mar 31, 2024 | 0.60 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.58 |
| Jun 30, 2023 | 0.59 |
| Mar 31, 2023 | 0.60 |
| Dec 31, 2022 | 0.59 |
| Sep 30, 2022 | 0.59 |
| Jun 30, 2022 | 0.58 |
| Mar 31, 2022 | 0.55 |
| Dec 31, 2021 | 0.52 |
| Sep 30, 2021 | 0.49 |