Guardant Health (GH) Asset Utilization Ratio (2018 - 2026)
Guardant Health (GH) posted Asset Utilization Ratio of 0.55 for Q1 2026, down 7.88% sequentially from 0.6 in Q4 2025, and up 0.52% YoY from 0.55 in Q1 2025.
Guardant Health (GH) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
Guardant Health (GH) has 9 years of Asset Utilization Ratio data on file, last reported at 0.55 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 0.52% year-over-year to 0.55 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.55 (up 0.52% YoY) and the FY2025 annual result came in at 0.56, up 24.25% from the prior year.
- Asset Utilization Ratio declined to 0.55 in Q1 2026 per GH's latest filing, from 0.6 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.69 in Q3 2025, with the low at 0.18 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.4, with a median of 0.35 recorded in 2024.
- Year-over-year, Asset Utilization Ratio surged 71.17% in 2023 and climbed 0.52% in 2026.
- Guardant Health's Asset Utilization Ratio stood at 0.27 in 2022, then gained by 15.93% to 0.31 in 2023, then surged by 55.28% to 0.49 in 2024, then advanced by 22.14% to 0.6 in 2025, then decreased by 7.88% to 0.55 in 2026.
- Business Quant data shows GH's Asset Utilization Ratio at 0.55 in Q1 2026, 0.6 in Q4 2025, and 0.69 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 | Guardant Health | 22.42 Bn | 21.31 Bn | 196.75 Mn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.14 |