CareDx (CDNA) Asset Utilization Ratio (2014 - 2026)
CareDx's (CDNA) Asset Utilization Ratio was 0.85 for Q3 2026, up 3.7% from 0.82 a year earlier but down 12.7% from the prior quarter.
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Analysis
CareDx (CDNA) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at CareDx was 0.84, up 20.5% from FY2024.
- By year, Asset Utilization Ratio came in at 0.70 in FY2024 (+25.5%), 0.56 in FY2023 (-4.3%), 0.58 in FY2022 (-8.5%) and 0.63 in FY2021 (-14.2%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.52 in Q4 2021 and a high of 1.00 in Q1 2026.
- Year over year, Asset Utilization Ratio has now increased in each of the last 11 quarters, with growth averaging 22.7% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2026 (growth of 41.8%); the low point was Q4 2023 (a decline of 2.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.97 (Q2 2026), 1.00 (Q1 2026) and 0.90 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 1.24 |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | 1.08 |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 0.78 |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 0.69 |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 0.71 |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | 0.67 |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 2.49 |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | 0.63 |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 0.84 |
| 10 | CareDx | 4.09 Bn | 3.10 Bn | 99.08 Mn | 0.85 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.85 |
| 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 |
API Access
CareDx 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=CDNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "CDNA", "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=CDNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();