Forian (FORA) Asset Utilization Ratio (2021 - 2026)
Forian (FORA) reported Asset Utilization Ratio of 0.72 for Q1 2026, up 55.38% on a YoY basis from 0.47 in Q1 2025, and up 2.25% quarter-over-quarter from 0.71 in Q4 2025.
Forian (FORA) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Forian has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.72 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 55.38% year-over-year to 0.72; the trailing twelve-month figure through Mar 2026 stood at 0.72 (up 55.38% YoY), and the FY2025 full-year result was 0.66, up 76.91% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.72, up from 0.71 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.72 in Q1 2026, with the low at 0.23 in Q2 2022.
- Historically, Asset Utilization Ratio has averaged 0.41 across 5 years, with a median of 0.35 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 253.18% — and 2024, when it dropped 3.28%.
- Forian's Asset Utilization Ratio stood at 0.35 in 2022, then gained by 1.11% to 0.35 in 2023, then increased by 9.44% to 0.39 in 2024, then soared by 84.06% to 0.71 in 2025, then climbed by 2.25% to 0.72 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.72 (Q1 2026), 0.71 (Q4 2025), and 0.63 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Veeva Systems | 27.35 Bn | 20.79 Bn | 662.02 Mn | 0.37 |
| 2 | BrightSpring Health Services | 12.12 Bn | 11.24 Bn | 482.22 Mn | 2.16 |
| 3 | Healthequity | 7.42 Bn | 7.15 Bn | 256.31 Mn | 0.40 |
| 4 | Hinge Health | 4.95 Bn | 4.64 Bn | 154.23 Mn | 0.88 |
| 5 | Doximity | 3.80 Bn | 3.05 Bn | 125.97 Mn | 0.57 |
| 6 | 10x Genomics | 3.78 Bn | 3.24 Bn | 106.18 Mn | 0.62 |
| 7 | Waystar Holding | 3.65 Bn | 3.49 Bn | 268.04 Mn | 0.20 |
| 8 | Privia Health | 2.66 Bn | 2.29 Bn | 595.71 Mn | 1.61 |
| 9 | Omnicell | 1.90 Bn | 1.73 Bn | 140.36 Mn | 0.62 |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn | 0.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.72 |
| Dec 31, 2025 | 0.71 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.52 |
| Mar 31, 2025 | 0.47 |
| Dec 31, 2024 | 0.39 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.36 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.35 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.23 |
| Jun 30, 2022 | 0.23 |
| Mar 31, 2022 | 0.23 |
| Dec 31, 2021 | 0.18 |
| Sep 30, 2021 | 0.21 |
| Jun 30, 2021 | 0.16 |