Doximity (DOCS) Asset Utilization Ratio (2021 - 2026)
Doximity (DOCS) reported Asset Utilization Ratio of 0.57 for Q1 2026, up 20.78% year-over-year from 0.47 in Q1 2025, and up 7.03% quarter-over-quarter from 0.53 in Q4 2025.
Doximity (DOCS) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Doximity (DOCS) has 6 years of Asset Utilization Ratio data on file, last reported at 0.57 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.57, up 20.78% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.57 (up 20.78% YoY), and the FY2026 annual result was 0.54, up 10.96% from the prior year.
- Asset Utilization Ratio improved to 0.57 in Q1 2026 per DOCS's latest filing, from 0.53 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.57 in Q1 2026 and troughed at 0.35 in Q2 2022.
- A 5-year average of 0.44 and a median of 0.46 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2026: Asset Utilization Ratio declined 21.25% in 2022, then rose 20.78% in 2026.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.38 in 2022, then grew by 20.56% to 0.46 in 2023, then increased by 3.91% to 0.48 in 2024, then climbed by 10.0% to 0.53 in 2025, then increased by 7.03% to 0.57 in 2026.
- Business Quant data shows DOCS's Asset Utilization Ratio at 0.57 in Q1 2026, 0.53 in Q4 2025, and 0.5 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 24.83 Bn | 17.52 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 13.57 Bn | 12.69 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.20 Bn | 6.93 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 5.42 Bn | 5.11 Bn | 154.23 Mn | 0.88 |
| 5 | 10x Genomics | 4.46 Bn | 3.92 Bn | 106.18 Mn | 0.62 |
| 6 | Doximity | 3.81 Bn | 3.06 Bn | 125.97 Mn | 0.57 |
| 7 | Waystar Holding | 3.52 Bn | 3.36 Bn | 268.04 Mn | 0.20 |
| 8 | Privia Health | 2.94 Bn | 2.57 Bn | 595.71 Mn | 1.61 |
| 9 | Omnicell | 1.76 Bn | 1.59 Bn | 140.36 Mn | 0.62 |
| 10 | Teladoc Health | 1.45 Bn | 696.57 Mn | 562.57 Mn | 0.89 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.57 |
| Dec 31, 2025 | 0.53 |
| Sep 30, 2025 | 0.50 |
| Jun 30, 2025 | 0.48 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.48 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.46 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.46 |
| Sep 30, 2023 | 0.41 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.38 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.33 |
| Jun 30, 2021 | 0.45 |