Illumina (ILMN) Asset Utilization Ratio (2010 - 2026)
Illumina's (ILMN) Asset Utilization Ratio was 0.68 for Q2 2026, down 2.6% from 0.70 a year earlier but up 2.2% from the prior quarter.
Powered by 
Analysis
Illumina (ILMN) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Illumina was 0.67, up 25.9% from FY2024.
- Asset Utilization Ratio has increased for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.53 in FY2024 (+32.3%), 0.40 in FY2023 (+20.7%), 0.33 in FY2022 and 0.43 in FY2021.
- Five-year quarterly Asset Utilization Ratio spans a low of 0.38 in Q1 2023 and a high of 0.73 in Q3 2024.
- Year over year, Asset Utilization Ratio has now declined in each of the last four quarters, with growth averaging 24.8% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q3 2024 (growth of 71.3%); the low point was Q4 2025 (a decline of 4.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.67 (Q1 2026), 0.68 (Q4 2025) and 0.70 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 0.47 |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 0.46 |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 0.48 |
| 10 | Illumina | 42.00 Bn | 36.77 Bn | 770.00 Mn | 0.68 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 0.68 |
| Mar 29, 2026 | 0.67 |
| Dec 28, 2025 | 0.68 |
| Sep 28, 2025 | 0.70 |
| Jun 29, 2025 | 0.70 |
| Mar 30, 2025 | 0.69 |
| Dec 29, 2024 | 0.71 |
| Sep 29, 2024 | 0.73 |
| Jun 30, 2024 | 0.55 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.45 |
| Oct 1, 2023 | 0.42 |
| Jul 2, 2023 | 0.39 |
| Apr 2, 2023 | 0.38 |
| Jan 1, 2023 | 0.40 |
| Oct 2, 2022 | 0.35 |
| Jul 3, 2022 | 0.30 |
| Apr 3, 2022 | 0.30 |
| Oct 3, 2021 | 0.36 |
| Jul 4, 2021 | 0.46 |
API Access
Illumina 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=ILMN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "ILMN", "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=ILMN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();