InnovAge Holding (INNV) Asset Utilization Ratio (2021 - 2026)
InnovAge Holding's (INNV) quarterly Asset Utilization Ratio came in at 1.77 in Q1 2026, up 12.7% YoY from 1.57 in Q1 2025, and little changed on a QoQ basis from 1.76 in Q4 2025.
InnovAge Holding (INNV) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
InnovAge Holding (INNV) has 6 years of Asset Utilization Ratio data on file, last reported at 1.77 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 12.7% year-over-year to 1.77 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.77 (up 12.7% YoY) and the FY2025 annual result came in at 1.59, up 15.98% from the prior year.
- Asset Utilization Ratio steadied at 1.77 in Q1 2026, from 1.76 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.77 in Q1 2026 to a low of 1.21 in Q2 2023.
- A 5-year average of 1.42 and a median of 1.4 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio declined 3.5% — and 2024, when it advanced 17.39%.
- Tracing INNV's Asset Utilization Ratio over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 1.25 |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 0.70 |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 0.84 |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 0.80 |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 0.97 |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 1.15 |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 0.98 |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 1.67 |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 0.78 |
| 10 | InnovAge Holding | 1.44 Bn | 1.31 Bn | 174.27 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 |