Illumina (ILMN) Asset Utilization Ratio (2010 - 2026)
Illumina (ILMN) posted quarterly Asset Utilization Ratio of 0.68 for Q2 2026, down 2.58% year-over-year from 0.7 in Q2 2025, and up 2.23% on a QoQ basis from 0.67 in Q1 2026.
Illumina (ILMN) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Illumina has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.68 in Q2 2026.
- Asset Utilization Ratio for Q2 2026 came in at 0.68, down 2.58% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.68 (down 2.58% YoY), and the FY2025 annual result was 0.67, up 25.94% from the prior year.
- Asset Utilization Ratio rose to 0.68 in Q2 2026, from 0.67 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.73 in Q3 2024 and troughed at 0.3 in Q2 2022.
- A 5-year average of 0.53 and a median of 0.5 in 2024 frame the typical range for Asset Utilization Ratio.
- The widest annual swing landed in 2022, when Asset Utilization Ratio sank 33.92%; it then jumped 71.32% in 2024.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.35 in 2022, then climbed by 29.0% to 0.45 in 2023, then jumped by 59.45% to 0.71 in 2024, then declined by 4.57% to 0.68 in 2025, then grew by 0.41% to 0.68 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.68 in Q2 2026, 0.67 in Q1 2026, and 0.68 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.73 Bn | 209.67 Bn | 8.34 Bn | 0.41 |
| 2 | Danaher | 140.25 Bn | 135.90 Bn | 3.61 Bn | 0.29 |
| 3 | Idexx Laboratories | 46.31 Bn | 46.11 Bn | 779.09 Mn | 1.33 |
| 4 | Agilent Technologies | 39.72 Bn | 37.91 Bn | 990.00 Mn | 0.56 |
| 5 | Iqvia Holdings | 39.32 Bn | 37.24 Bn | 1.44 Bn | 0.57 |
| 6 | Natera | 38.98 Bn | 37.88 Bn | 696.04 Mn | 1.00 |
| 7 | Illumina | 30.03 Bn | 28.86 Bn | 770.00 Mn | 0.68 |
| 8 | Mettler Toledo International | 28.62 Bn | 28.57 Bn | 650.22 Mn | 1.13 |
| 9 | Quest Diagnostics | 26.23 Bn | 25.60 Bn | 1.03 Bn | 0.69 |
| 10 | Labcorp Holdings | 25.87 Bn | 24.88 Bn | 1.01 Bn | 0.75 |
Historic Data
Download 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 |