Castle Biosciences (CSTL) Asset Utilization Ratio (2019 - 2026)
Castle Biosciences (CSTL) posted Asset Utilization Ratio of 0.64 for Q2 2026, up 6.75% sequentially from 0.6 in Q1 2026, and down 2.64% YoY from 0.66 in Q2 2025.
Castle Biosciences (CSTL) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
Castle Biosciences has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.64 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 2.64% year-over-year to 0.64 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.64 (down 2.64% YoY) and the FY2025 annual result came in at 0.62, down 8.03% from the prior year.
- Asset Utilization Ratio grew to 0.64 in Q2 2026 per CSTL's latest filing, from 0.6 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.67 in Q1 2025 and troughed at 0.22 in Q1 2022.
- A 5-year average of 0.5 and a median of 0.58 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio surged 65.04% in 2023, then fell 10.19% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.3 in 2022, then jumped by 63.23% to 0.49 in 2023, then gained by 28.49% to 0.64 in 2024, then retreated by 5.02% to 0.6 in 2025, then rose by 6.82% to 0.64 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.64, 0.6, and 0.6 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.44 Bn | 209.37 Bn | 8.34 Bn | 0.41 |
| 2 | Danaher | 139.95 Bn | 135.60 Bn | 3.61 Bn | 0.29 |
| 3 | Idexx Laboratories | 46.16 Bn | 45.96 Bn | 779.09 Mn | 1.33 |
| 4 | Agilent Technologies | 39.67 Bn | 37.87 Bn | 990.00 Mn | 0.56 |
| 5 | Iqvia Holdings | 39.29 Bn | 37.21 Bn | 1.44 Bn | 0.57 |
| 6 | Natera | 38.61 Bn | 37.51 Bn | 696.04 Mn | 1.00 |
| 7 | Illumina | 29.99 Bn | 28.82 Bn | 770.00 Mn | 0.68 |
| 8 | Mettler Toledo International | 28.57 Bn | 28.51 Bn | 650.22 Mn | 1.13 |
| 9 | Quest Diagnostics | 26.17 Bn | 25.55 Bn | 1.03 Bn | 0.69 |
| 10 | Castle Biosciences | 919.57 Mn | 652.76 Mn | 79.85 Mn | 0.64 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.64 |
| 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 |