Codexis (CDXS) Asset Utilization Ratio (2011 - 2026)
Codexis (CDXS) posted quarterly Asset Utilization Ratio of 0.56 for Q1 2026, up 57.18% year-over-year from 0.36 in Q1 2025, and up 8.78% quarter-over-quarter from 0.52 in Q4 2025.
Codexis (CDXS) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Codexis' Asset Utilization Ratio history runs 16 years deep, the most recent figure standing at 0.56 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 57.18% year-over-year to 0.56; the TTM figure through Mar 2026 stood at 0.56 (up 57.18% YoY), while the FY2025 annual figure was 0.47, up 14.12% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.56, up from 0.52 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.57 in Q2 2022, with the low at 0.22 in Q4 2023.
- The 5-year median for Asset Utilization Ratio is 0.4 (2025), against an average of 0.41.
- The sharpest annual moves came in 2023 and 2024: Asset Utilization Ratio sank 57.94% in 2023, then jumped 80.14% in 2024.
- Codexis' Asset Utilization Ratio stood at 0.53 in 2022, then sank by 57.94% to 0.22 in 2023, then jumped by 80.14% to 0.4 in 2024, then grew by 29.71% to 0.52 in 2025, then climbed by 8.78% to 0.56 in 2026.
- Business Quant data shows CDXS's Asset Utilization Ratio at 0.56 in Q1 2026, 0.52 in Q4 2025, and 0.4 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 139.13 Bn | 131.28 Bn | 2.84 Bn | 0.47 |
| 2 | Regeneron Pharmaceuticals | 85.77 Bn | 77.77 Bn | 3.93 Bn | 0.38 |
| 3 | Argenx Se | 64.64 Bn | 59.46 Bn | 1.37 Bn | - |
| 4 | Moderna | 58.29 Bn | 53.16 Bn | 52.00 Mn | 0.20 |
| 5 | BeOne Medicines | 41.92 Bn | 36.82 Bn | 1.53 Bn | 0.69 |
| 6 | Alnylam Pharmaceuticals | 31.58 Bn | 28.28 Bn | 992.69 Mn | 0.90 |
| 7 | BioNTech SE | 28.12 Bn | 9.73 Bn | 668.28 Mn | 0.13 |
| 8 | Insmed | 27.39 Bn | 26.22 Bn | 358.27 Mn | 0.54 |
| 9 | Royalty Pharma | 27.27 Bn | 26.43 Bn | - | 0.13 |
| 10 | Codexis | 152.06 Mn | 97.14 Mn | 11.40 Mn | 0.62 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.62 |
| Mar 31, 2026 | 0.56 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.40 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.36 |
| Dec 31, 2024 | 0.40 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.25 |
| Dec 31, 2023 | 0.22 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.53 |
| Sep 30, 2022 | 0.56 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2022 | 0.51 |
| Dec 31, 2021 | 0.44 |
| Sep 30, 2021 | 0.46 |