Castle Biosciences (CSTL) Asset Utilization Ratio (2019 - 2026)
Castle Biosciences (CSTL) posted Asset Utilization Ratio of 0.6 for Q1 2026, little changed sequentially from 0.6 in Q4 2025, and down 10.19% YoY from 0.67 in Q1 2025.
Castle Biosciences (CSTL) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Castle Biosciences (CSTL) has 8 years of Asset Utilization Ratio data on file, last reported at 0.6 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 10.19% year-over-year to 0.6 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.6 (down 10.19% YoY) and the FY2025 annual result came in at 0.62, down 8.03% from the prior year.
- Asset Utilization Ratio was little changed at 0.6 in Q1 2026 per CSTL's latest filing, from 0.6 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.67 in Q1 2025, with the low at 0.22 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.49, with a median of 0.55 recorded in 2024.
- Year-over-year, Asset Utilization Ratio jumped 65.04% in 2023 and decreased 10.19% in 2026.
- Castle Biosciences' Asset Utilization Ratio stood at 0.3 in 2022, then surged by 63.23% to 0.49 in 2023, then advanced by 28.49% to 0.64 in 2024, then decreased by 5.02% to 0.6 in 2025, then advanced by 0.06% to 0.6 in 2026.
- Business Quant data shows CSTL's Asset Utilization Ratio at 0.6 in Q1 2026, 0.6 in Q4 2025, and 0.62 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 0.25 |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 0.40 |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 0.30 |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 1.32 |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 1.00 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 0.56 |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 0.56 |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 0.67 |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 1.11 |
| 10 | Castle Biosciences | 738.56 Mn | 476.84 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 |