Cytek Biosciences CTKB
NASDAQ CTKB
$5.96 +0.20 (+3.47%)
At close: Sep 30, 2026 · 4:00 PM EDT

Cytek Biosciences (CTKB) Asset Utilization Ratio (2021 - 2026)

Updated

Cytek Biosciences' Asset Utilization Ratio was 0.46 in Q2 2026, up 14.8% from 0.40 a year earlier and up 2.9% from the prior quarter.

Analysis

Cytek Biosciences (CTKB) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

For FY2025, Asset Utilization Ratio at Cytek Biosciences came in at 0.42, up 4.0% from FY2024.

  • Asset Utilization Ratio has now increased for three consecutive years.
  • In earlier years, Asset Utilization Ratio was 0.40 in FY2024 (+5.9%), 0.38 in FY2023 (+14.1%), 0.33 in FY2022 (-10.9%) and 0.37 in FY2021.
  • The Q2 2026 figure marks the highest quarterly Asset Utilization Ratio in data going back to Q3 2021.
  • Compared with a year earlier, Asset Utilization Ratio has increased for three straight quarters, with growth averaging 6.1% over the last eight quarters.
  • The best year-over-year quarter for Asset Utilization Ratio over five years was Q1 2024 (growth of 28.0%); the worst was Q3 2022 (a decline of 10.9%).
  • Per Business Quant data, CTKB's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.45 (Q1 2026), 0.42 (Q4 2025) and 0.40 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Thermo Fisher Scientific 251.30 Bn 230.45 Bn 4.88 Bn 0.41
2 Abbott Laboratories 174.70 Bn 145.78 Bn 7.27 Bn 0.42
3 Danaher 158.94 Bn 142.76 Bn 3.61 Bn 0.29
4 Intuitive Surgical 145.87 Bn 125.42 Bn 1.96 Bn 0.54
5 Medtronic 111.49 Bn 77.36 Bn 6.34 Bn 0.40
6 Stryker 106.96 Bn 93.08 Bn 4.50 Bn 0.55
7 Boston Scientific 63.62 Bn 58.63 Bn 3.85 Bn 0.47
8 Edwards Lifesciences 50.80 Bn 34.92 Bn 1.35 Bn 0.48
9 Becton Dickinson 49.59 Bn 46.74 Bn 2.32 Bn 0.46
10 Cytek Biosciences 748.70 Mn 424.97 Mn 28.34 Mn 0.46
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.46
Mar 31, 2026 0.45
Dec 31, 2025 0.42
Sep 30, 2025 0.40
Jun 30, 2025 0.40
Mar 31, 2025 0.40
Dec 31, 2024 0.40
Sep 30, 2024 0.41
Jun 30, 2024 0.41
Mar 31, 2024 0.41
Dec 31, 2023 0.38
Sep 30, 2023 0.35
Jun 30, 2023 0.33
Mar 31, 2023 0.32
Dec 31, 2022 0.32
Sep 30, 2022 0.31
Jun 30, 2022 0.30
Mar 31, 2022 0.29
Dec 31, 2021 0.28
Sep 30, 2021 0.35
API Access

Cytek Biosciences 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=CTKB&period=max&api_key=YOUR_API_KEY