InnovAge Holding (INNV) Asset Utilization Ratio (2021 - 2026)

InnovAge Holding (INNV) reported Asset Utilization Ratio of 1.77 for Q1 2026, up 12.7% on a YoY basis from 1.57 in Q1 2025, and little changed quarter-over-quarter from 1.76 in Q4 2025.

InnovAge Holding (INNV) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

InnovAge Holding has reported Asset Utilization Ratio for 6 years, with the latest figure at 1.77 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 12.7% year-over-year to 1.77; the trailing twelve-month figure through Mar 2026 stood at 1.77 (up 12.7% YoY), and the FY2025 full-year result was 1.59, up 15.98% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.77, roughly flat from 1.76 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.77 in Q1 2026, with the low at 1.21 in Q2 2023.
  • Historically, Asset Utilization Ratio has averaged 1.42 across 5 years, with a median of 1.4 in 2024.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio declined 3.5% — and 2024, when it advanced 17.39%.
  • InnovAge Holding's Asset Utilization Ratio stood at 1.22 in 2022, then rose by 9.6% to 1.33 in 2023, then gained by 14.81% to 1.53 in 2024, then gained by 15.1% to 1.76 in 2025, then grew by 0.11% to 1.77 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.77 (Q1 2026), 1.76 (Q4 2025), and 1.71 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 HCA Healthcare 83.85 Bn 86.23 Bn 16.26 Bn 1.25
2 Tenet Healthcare 14.98 Bn 14.15 Bn 4.41 Bn 0.70
3 Davita 13.99 Bn 14.84 Bn 1.07 Bn 0.80
4 Encompass Health 9.72 Bn 10.34 Bn 1.34 Bn 0.84
5 Ensign 8.90 Bn 8.31 Bn 293.37 Mn 0.95
6 Universal Health Services 8.59 Bn 8.55 Bn 3.21 Bn 1.14
7 Fresenius Medical Care AG 7.67 Bn 5.29 Bn -4.26 Bn 0.45
8 Chemed 5.97 Bn 5.96 Bn 215.76 Mn 1.65
9 Pacs 5.74 Bn 5.50 Bn 345.96 Mn 0.97
10 InnovAge Holding 1.21 Bn 1.12 Bn 243.20 Mn 1.77

Historic Data

Download Data
DateValue
Mar 31, 2026 1.77
Dec 31, 2025 1.76
Sep 30, 2025 1.71
Jun 30, 2025 1.61
Mar 31, 2025 1.57
Dec 31, 2024 1.53
Sep 30, 2024 1.46
Jun 30, 2024 1.42
Mar 31, 2024 1.40
Dec 31, 2023 1.33
Sep 30, 2023 1.26
Jun 30, 2023 1.21
Mar 31, 2023 1.23
Dec 31, 2022 1.22
Sep 30, 2022 1.22
Jun 30, 2022 1.25
Mar 31, 2022 1.25
Dec 31, 2021 1.23
Sep 30, 2021 1.23
Jun 30, 2021 1.20