InnovAge Holding (INNV) Asset Utilization Ratio (2021 - 2026)
InnovAge Holding (INNV) posted Asset Utilization Ratio of 1.77 for Q1 2026, little changed quarter-over-quarter from 1.76 in Q4 2025, and up 12.7% year-on-year from 1.57 in Q1 2025.
InnovAge Holding (INNV) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
InnovAge Holding (INNV) has reported Asset Utilization Ratio for 6 consecutive years, with 1.77 the latest figure, recorded in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 1.77, up 12.7% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.77 (up 12.7% YoY), and the FY2025 annual result was 1.59, up 15.98% from the prior year.
- Asset Utilization Ratio was 1.77 for Q1 2026 at InnovAge Holding, roughly flat from 1.76 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.77 in Q1 2026 and troughed at 1.21 in Q2 2023.
- Average Asset Utilization Ratio over 5 years is 1.42, with a median of 1.4 recorded in 2024.
- Year-over-year, Asset Utilization Ratio retreated 3.5% in 2023 and grew 17.39% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 1.22 in 2022, then climbed by 9.6% to 1.33 in 2023, then grew by 14.81% to 1.53 in 2024, then grew by 15.1% to 1.76 in 2025, then gained by 0.11% to 1.77 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.77 in Q1 2026, 1.76 in Q4 2025, and 1.71 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 87.94 Bn | 90.32 Bn | 16.26 Bn | 1.25 |
| 2 | Chemed | 18.08 Bn | 18.07 Bn | 215.76 Mn | 1.65 |
| 3 | Tenet Healthcare | 16.59 Bn | 15.76 Bn | 4.41 Bn | 0.70 |
| 4 | Davita | 15.37 Bn | 16.23 Bn | 1.07 Bn | 0.80 |
| 5 | Encompass Health | 10.07 Bn | 10.70 Bn | 1.34 Bn | 0.84 |
| 6 | Ensign | 9.52 Bn | 8.93 Bn | 293.37 Mn | 0.95 |
| 7 | Universal Health Services | 9.19 Bn | 9.15 Bn | 3.21 Bn | 1.14 |
| 8 | Pacs | 6.96 Bn | 6.72 Bn | 345.96 Mn | 0.97 |
| 9 | Ww International | 6.14 Bn | 5.98 Bn | -149.29 Mn | 0.36 |
| 10 | InnovAge Holding | 1.59 Bn | 1.50 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 |