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| Date | Value |
|---|---|
| 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 |