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

Guardant Health's (GH) quarterly Asset Utilization Ratio came in at 0.55 in Q1 2026, up 0.52% year-on-year from 0.55 in Q1 2025, and down 7.88% quarter-over-quarter from 0.6 in Q4 2025.

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

Guardant Health has disclosed Asset Utilization Ratio across 9 years of filings, most recently posting 0.55 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.55, up 0.52% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.55 (up 0.52% YoY), and the FY2025 annual result was 0.56, up 24.25% from the prior year.
  • Asset Utilization Ratio came in at 0.55 for Q1 2026 at Guardant Health, down from 0.6 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.69 in Q3 2025 to a low of 0.18 in Q1 2022.
  • The 5-year median for Asset Utilization Ratio is 0.35 (2024), against an average of 0.4.
  • Across the five-year window, Asset Utilization Ratio jumped 71.17% in 2023 and increased 0.52% in 2026, its largest moves.
  • Guardant Health's Asset Utilization Ratio stood at 0.27 in 2022, then grew by 15.93% to 0.31 in 2023, then surged by 55.28% to 0.49 in 2024, then increased by 22.14% to 0.6 in 2025, then declined by 7.88% to 0.55 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.55 (Q1 2026), 0.6 (Q4 2025), and 0.69 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 0.25
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 0.40
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 0.30
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 1.32
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 0.56
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 0.56
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 1.00
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 0.67
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 1.11
10 Guardant Health 16.38 Bn 15.28 Bn 196.75 Mn 0.55

Historic Data

Download Data
DateValue
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