Doximity (DOCS) Asset Utilization Ratio (2021 - 2026)
Doximity's (DOCS) quarterly Asset Utilization Ratio came in at 0.57 in Q1 2026, up 20.78% year-on-year from 0.47 in Q1 2025, and up 7.03% on a QoQ basis 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.
- On a quarterly basis, Asset Utilization Ratio rose 20.78% year-over-year to 0.57 in Q1 2026; TTM through Mar 2026 was 0.57, a 20.78% increase from a year earlier, with the FY2026 full-year figure at 0.54, up 10.96% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.57, up from 0.53 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for DOCS reached as high as 0.57 in Q1 2026 and fell as low as 0.35 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 0.44 across 5 years, with a median of 0.46 in 2024.
- Across the five-year window, Asset Utilization Ratio slipped 21.25% in 2022 and grew 20.78% in 2026, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.38 in 2022, then gained by 20.56% to 0.46 in 2023, then advanced by 3.91% to 0.48 in 2024, then rose by 10.0% to 0.53 in 2025, then advanced by 7.03% to 0.57 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 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 | 29.34 Bn | 22.03 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 13.49 Bn | 12.59 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.96 Bn | 7.70 Bn | 256.31 Mn | 0.40 |
| 4 | 10x Genomics | 6.17 Bn | 5.63 Bn | 106.18 Mn | 0.62 |
| 5 | Hinge Health | 6.02 Bn | 5.70 Bn | 154.23 Mn | 0.88 |
| 6 | MiniMed | 4.19 Bn | 3.89 Bn | 480.00 Mn | 0.68 |
| 7 | Waystar Holding | 4.14 Bn | 4.07 Bn | 216.84 Mn | 0.20 |
| 8 | Doximity | 3.82 Bn | 3.08 Bn | 125.97 Mn | 0.57 |
| 9 | Privia Health | 3.10 Bn | 2.73 Bn | - | 1.61 |
| 10 | Omnicell | 1.81 Bn | 1.57 Bn | 140.36 Mn | 0.62 |
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 |