Fulgent Genetics (FLGT) Asset Utilization Ratio (2016 - 2026)

Fulgent Genetics (FLGT) posted Asset Utilization Ratio of 0.2 for Q1 2026, up 1.46% sequentially from 0.2 in Q4 2025, and down 16.91% YoY from 0.24 in Q1 2025.

Fulgent Genetics (FLGT) Asset Utilization Ratio (2016 - 2026) Analysis & Trends

Fulgent Genetics (FLGT) has 11 years of Asset Utilization Ratio data on file, last reported at 0.2 in Q1 2026.

  • Quarterly Asset Utilization Ratio fell 16.91% year-over-year to 0.2 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.2 (down 16.91% YoY) and the FY2025 annual result came in at 0.27, up 14.85% from the prior year.
  • Asset Utilization Ratio advanced to 0.2 in Q1 2026 per FLGT's latest filing, from 0.2 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.74 in Q4 2022, with the low at 0.16 in Q3 2023.
  • Average Asset Utilization Ratio over 5 years is 0.33, with a median of 0.24 recorded in 2024.
  • Year-over-year, Asset Utilization Ratio slumped 72.24% in 2023 and surged 39.72% in 2024.
  • Fulgent Genetics' Asset Utilization Ratio stood at 0.74 in 2022, then sank by 69.68% to 0.22 in 2023, then advanced by 3.61% to 0.23 in 2024, then declined by 14.54% to 0.2 in 2025, then climbed by 1.46% to 0.2 in 2026.
  • Business Quant data shows FLGT's Asset Utilization Ratio at 0.2 in Q1 2026, 0.2 in Q4 2025, and 0.26 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 Fulgent Genetics 642.94 Mn 360.99 Mn 21.49 Mn 0.20

Historic Data

Download Data
DateValue
Mar 31, 2026 0.20
Dec 31, 2025 0.20
Sep 30, 2025 0.26
Jun 30, 2025 0.25
Mar 31, 2025 0.24
Dec 31, 2024 0.23
Sep 30, 2024 0.23
Jun 30, 2024 0.24
Mar 31, 2024 0.23
Dec 31, 2023 0.22
Sep 30, 2023 0.16
Jun 30, 2023 0.18
Mar 31, 2023 0.40
Dec 31, 2022 0.74
Sep 30, 2022 0.56
Jun 30, 2022 0.63
Mar 31, 2022 0.69
Dec 31, 2021 0.80
Sep 30, 2021 0.92
Jun 30, 2021 0.89