Guardant Health (GH) Asset Utilization Ratio (2018 - 2026)

Guardant Health (GH) posted Asset Utilization Ratio of 0.62 for Q2 2026, up 12.43% sequentially from 0.55 in Q1 2026, and little changed YoY from 0.62 in Q2 2025.

Guardant Health (GH) Asset Utilization Ratio (2018 - 2026) Analysis & Trends

Guardant Health has reported Asset Utilization Ratio for 9 years, with the latest figure at 0.62 in Q2 2026.

  • Quarterly Asset Utilization Ratio changed 0.2% year-over-year to 0.62 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.62 (changed 0.2% YoY) and the FY2025 annual result came in at 0.56, up 24.25% from the prior year.
  • Asset Utilization Ratio grew to 0.62 in Q2 2026 per GH's latest filing, from 0.55 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.69 in Q3 2025 and troughed at 0.18 in Q1 2022.
  • A 5-year average of 0.41 and a median of 0.37 in 2024 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio soared 71.17% in 2023, then declined 0.2% in 2026.
  • Over 5 years, Asset Utilization Ratio stood at 0.27 in 2022, then rose by 15.93% to 0.31 in 2023, then jumped by 55.28% to 0.49 in 2024, then gained by 22.14% to 0.6 in 2025, then gained by 3.57% to 0.62 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.62, 0.55, and 0.6 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Thermo Fisher Scientific 213.40 Bn 209.33 Bn 8.34 Bn 0.41
2 Danaher 139.94 Bn 135.59 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.03 Bn 45.83 Bn 779.09 Mn 1.33
4 Agilent Technologies 39.69 Bn 37.88 Bn 990.00 Mn 0.56
5 Iqvia Holdings 39.32 Bn 37.24 Bn 1.44 Bn 0.57
6 Natera 38.47 Bn 37.37 Bn 696.04 Mn 1.00
7 Illumina 29.98 Bn 28.82 Bn 770.00 Mn 0.68
8 Mettler Toledo International 28.57 Bn 28.52 Bn 650.22 Mn 1.13
9 Quest Diagnostics 26.21 Bn 25.58 Bn 1.03 Bn 0.69
10 Guardant Health 21.55 Bn 20.49 Bn 219.03 Mn 0.62

Historic Data

Download Data
DateValue
Jun 30, 2026 0.62
Mar 31, 2026 0.55
Dec 31, 2025 0.60
Sep 30, 2025 0.69
Jun 30, 2025 0.62
Mar 31, 2025 0.55
Dec 31, 2024 0.49
Sep 30, 2024 0.44
Jun 30, 2024 0.39
Mar 31, 2024 0.35
Dec 31, 2023 0.31
Sep 30, 2023 0.29
Jun 30, 2023 0.30
Mar 31, 2023 0.31
Dec 31, 2022 0.27
Sep 30, 2022 0.24
Jun 30, 2022 0.20
Mar 31, 2022 0.18
Dec 31, 2021 0.17
Sep 30, 2021 0.15