InnovAge Holding (INNV) Asset Utilization Ratio (2021 - 2026)
InnovAge Holding's (INNV) Asset Utilization Ratio was 1.82 for fiscal Q1 2027 (quarter ended Sep 30, 2026), up 6.6% from 1.71 a year earlier and up 1.5% from the prior quarter.
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Analysis
InnovAge Holding (INNV) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Asset Utilization Ratio at InnovAge Holding was 1.83, up 14.9% from FY2025.
- Asset Utilization Ratio has increased for three consecutive fiscal years.
- By fiscal year, Asset Utilization Ratio came in at 1.59 in FY2025 (+16.0%), 1.37 in FY2024 (+11.8%), 1.23 in FY2023 (-4.6%) and 1.29 in FY2022 (-5.2%).
- The fiscal Q1 2027 figure ranks as the highest quarterly Asset Utilization Ratio in data going back to fiscal Q4 2021.
- Year over year, Asset Utilization Ratio has now increased in each of the last 13 quarters, with growth averaging 12.8% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q4 2024 (growth of 17.4%); the low point was fiscal Q4 2023 (a decline of 3.5%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at 1.79 (Q4 2026), 1.77 (Q3 2026) and 1.76 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn | 1.24 |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn | 1.08 |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn | 0.78 |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn | 0.69 |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn | 0.67 |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn | 2.49 |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn | 0.63 |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn | 0.84 |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn | 0.80 |
| 10 | InnovAge Holding | 1.28 Bn | 741.03 Mn | 179.26 Mn | 1.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.82 |
| Jun 30, 2026 | 1.79 |
| 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 |
API Access
InnovAge Holding Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=INNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "INNV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=INNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();