Castle Biosciences (CSTL) Asset Utilization Ratio (2019 - 2026)
Castle Biosciences' (CSTL) quarterly Asset Utilization Ratio came in at 0.6 in Q1 2026, down 10.19% year-on-year from 0.67 in Q1 2025, and little changed quarter-over-quarter from 0.6 in Q4 2025.
Castle Biosciences (CSTL) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Castle Biosciences has disclosed Asset Utilization Ratio across 8 years of filings, most recently posting 0.6 for Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.6, down 10.19% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.6 (down 10.19% YoY), and the FY2025 annual result was 0.62, down 8.03% from the prior year.
- Asset Utilization Ratio came in at 0.6 for Q1 2026 at Castle Biosciences, roughly flat from 0.6 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.67 in Q1 2025 to a low of 0.22 in Q1 2022.
- The 5-year median for Asset Utilization Ratio is 0.55 (2024), against an average of 0.49.
- Across the five-year window, Asset Utilization Ratio soared 65.04% in 2023 and dropped 10.19% in 2026, its largest moves.
- Castle Biosciences' Asset Utilization Ratio stood at 0.3 in 2022, then surged by 63.23% to 0.49 in 2023, then increased by 28.49% to 0.64 in 2024, then declined by 5.02% to 0.6 in 2025, then increased by 0.06% to 0.6 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.6 (Q1 2026), 0.6 (Q4 2025), and 0.62 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 0.25 |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 0.40 |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 0.30 |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 1.32 |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 0.56 |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 1.00 |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 0.56 |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 0.67 |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 1.11 |
| 10 | Castle Biosciences | 629.76 Mn | 368.04 Mn | 63.15 Mn | 0.60 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.60 |
| Dec 31, 2025 | 0.60 |
| Sep 30, 2025 | 0.62 |
| Jun 30, 2025 | 0.66 |
| Mar 31, 2025 | 0.67 |
| Dec 31, 2024 | 0.64 |
| Sep 30, 2024 | 0.62 |
| Jun 30, 2024 | 0.61 |
| Mar 31, 2024 | 0.55 |
| Dec 31, 2023 | 0.49 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.27 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.21 |
| Sep 30, 2021 | 0.20 |
| Jun 30, 2021 | 0.18 |