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| Date | Value |
|---|---|
| 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 |