Iridium Communications (IRDM) Asset Utilization Ratio (2009 - 2026)
Iridium Communications' Asset Utilization Ratio came in at 0.32 for Q3 2026, down 6.0% from 0.34 a year earlier and down 7.8% from the prior quarter.
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Analysis
Iridium Communications (IRDM) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
For FY2025, Iridium Communications' Asset Utilization Ratio was 0.34, up 7.6% from FY2024.
- Asset Utilization Ratio has increased in each of the last eight years.
- Going back by year, Asset Utilization Ratio was 0.31 in FY2024 (+10.6%), 0.28 in FY2023 (+19.8%), 0.24 in FY2022 (+25.1%) and 0.19 in FY2021 (+12.5%).
- The Q3 2026 figure represents the lowest quarterly Asset Utilization Ratio since Q1 2025.
- Year-over-year, Asset Utilization Ratio increased in seven of the last eight quarters, with growth averaging 7.5%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2023 (growth of 29.4%), and the weakest in Q3 2026 (a decline of 6.0%).
- Business Quant data shows IRDM's Asset Utilization Ratio at 0.35 (Q2 2026), 0.35 (Q1 2026) and 0.34 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 191.94 Bn | 159.58 Bn | 27.05 Bn | 0.34 |
| 2 | T-Mobile US | 179.71 Bn | 162.14 Bn | 15.13 Bn | 0.44 |
| 3 | At&T | 147.73 Bn | 105.17 Bn | 26.22 Bn | 0.29 |
| 4 | Grupo Televisa, S.A.B | 146.85 Bn | 139.98 Bn | 960.50 Mn | 0.24 |
| 5 | Comcast | 87.61 Bn | 53.57 Bn | - | 0.48 |
| 6 | Chunghwa Telecom | 37.88 Bn | 30.37 Bn | 728.80 Mn | 0.11 |
| 7 | Vodafone Group Public | 37.71 Bn | 5.95 Bn | - | - |
| 8 | EchoStar | 30.28 Bn | 11.36 Bn | 647.20 Mn | 0.32 |
| 9 | Bce | 20.18 Bn | 18.41 Bn | 11.61 Bn | 0.62 |
| 10 | Iridium Communications | 4.90 Bn | 4.41 Bn | 173.46 Mn | 0.32 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.32 |
| Jun 30, 2026 | 0.35 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.34 |
| Sep 30, 2025 | 0.34 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.22 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.19 |
API Access
Iridium Communications 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=IRDM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "IRDM", "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=IRDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();