Hims & Hers Health (HIMS) Asset Utilization Ratio (2020 - 2026)
Hims & Hers Health's Asset Utilization Ratio came in at 0.87 for Q2 2026, down 39.9% from 1.45 a year earlier and down 18.4% from the prior quarter.
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Analysis
Hims & Hers Health (HIMS) Asset Utilization Ratio (2020 - 2026) Analysis & Trends
For FY2025, Hims & Hers Health's Asset Utilization Ratio was 1.64, down 36.2% from FY2024.
- Going back by year, Asset Utilization Ratio was 2.57 in FY2024 (+19.0%), 2.16 in FY2023 (+61.3%), 1.34 in FY2022 (+32.8%) and 1.01 in FY2021 (+9.6%).
- The Q2 2026 figure represents the lowest quarterly Asset Utilization Ratio since Q1 2022.
- Year-over-year, Asset Utilization Ratio has declined for five consecutive quarters, with an average decline of 25.5% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q4 2022 (growth of 117.5%), and the weakest in Q3 2025 (a decline of 53.1%).
- Business Quant data shows HIMS's Asset Utilization Ratio at 1.07 (Q1 2026), 1.07 (Q4 2025) and 1.08 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.08 Bn | 93.52 Bn | - | 1.25 |
| 2 | Natera | 59.53 Bn | 55.21 Bn | 485.19 Mn | 1.03 |
| 3 | Quest Diagnostics | 25.60 Bn | 24.03 Bn | 1.03 Bn | 0.69 |
| 4 | Labcorp Holdings | 24.98 Bn | 22.75 Bn | 1.11 Bn | 0.76 |
| 5 | Guardant Health | 23.75 Bn | 19.81 Bn | 219.03 Mn | 0.62 |
| 6 | Tenet Healthcare | 20.75 Bn | 11.90 Bn | - | 0.70 |
| 7 | Tempus AI | 14.47 Bn | 11.50 Bn | 246.50 Mn | 0.64 |
| 8 | Encompass Health | 12.19 Bn | 12.65 Bn | - | 0.84 |
| 9 | Davita | 11.20 Bn | 9.97 Bn | 1.16 Bn | 0.80 |
| 10 | Hims & Hers Health | 6.70 Bn | 3.90 Bn | 480.80 Mn | 0.87 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.87 |
| Mar 31, 2026 | 1.07 |
| Dec 31, 2025 | 1.07 |
| Sep 30, 2025 | 1.08 |
| Jun 30, 2025 | 1.45 |
| Mar 31, 2025 | 2.23 |
| Dec 31, 2024 | 2.25 |
| Sep 30, 2024 | 2.29 |
| Jun 30, 2024 | 2.30 |
| Mar 31, 2024 | 2.16 |
| Dec 31, 2023 | 2.04 |
| Sep 30, 2023 | 1.97 |
| Jun 30, 2023 | 1.86 |
| Mar 31, 2023 | 1.66 |
| Dec 31, 2022 | 1.41 |
| Sep 30, 2022 | 1.17 |
| Jun 30, 2022 | 0.98 |
| Mar 31, 2022 | 0.80 |
| Dec 31, 2021 | 0.65 |
| Sep 30, 2021 | 0.60 |
API Access
Hims & Hers Health Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HIMS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HIMS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HIMS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();