Forian (FORA) Asset Utilization Ratio (2021 - 2026)
Forian (FORA) posted Asset Utilization Ratio of 0.72 for Q1 2026, up 2.25% on a QoQ basis from 0.71 in Q4 2025, and up 55.38% year-over-year from 0.47 in Q1 2025.
Forian (FORA) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Forian's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.72 for Q1 2026.
- Quarterly Asset Utilization Ratio rose 55.38% year-over-year to 0.72 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.72 (up 55.38% YoY) and the FY2025 annual result came in at 0.66, up 76.91% from the prior year.
- Asset Utilization Ratio was 0.72 for Q1 2026 at Forian, up from 0.71 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.72 in Q1 2026 and bottomed at 0.23 in Q2 2022.
- A 5-year average of 0.41 and a median of 0.35 in 2023 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 156.62% — and 2024, when it retreated 3.28%.
- Forian's Asset Utilization Ratio stood at 0.35 in 2022, then climbed by 1.11% to 0.35 in 2023, then gained by 9.44% to 0.39 in 2024, then surged by 84.06% to 0.71 in 2025, then increased by 2.25% to 0.72 in 2026.
- Business Quant data shows FORA's Asset Utilization Ratio at 0.72 in Q1 2026, 0.71 in Q4 2025, and 0.63 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 | 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 | 0.19 |
| Sep 30, 2021 | 0.22 |
| Jun 30, 2021 | 0.18 |