Guardant Health (GH) Asset Utilization Ratio (2018 - 2026)
Guardant Health's (GH) quarterly Asset Utilization Ratio came in at 0.62 in Q2 2026, little changed year-over-year from 0.62 in Q2 2025, and up 12.43% quarter-over-quarter from 0.55 in Q1 2026.
Analysis
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 0.62 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio changed 0.2% year-over-year to 0.62; the TTM figure through Jun 2026 stood at 0.62 (changed 0.2% YoY), while the FY2025 annual figure was 0.56, up 24.25% from the prior year.
- Asset Utilization Ratio came in at 0.62 for Q2 2026 at Guardant Health, up from 0.55 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.
- Average Asset Utilization Ratio over 5 years is 0.41, with a median of 0.37 recorded in 2024.
- Year-over-year, Asset Utilization Ratio surged 71.17% in 2023 and dropped 0.2% in 2026.
- Over 5 years, 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 increased by 3.57% to 0.62 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.62 in Q2 2026, 0.55 in Q1 2026, and 0.6 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 1.03 |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 0.69 |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 0.76 |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | 0.62 |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 0.64 |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 0.83 |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 0.37 |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 0.56 |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | 0.54 |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | 0.79 |
Historic Data
Download Data
Historic 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 |