iRhythm Holdings IRTC
NASDAQ IRTC
$111.75 -0.07 (-0.06%)
At close: Sep 17, 2026 · 4:00 PM EDT

iRhythm Holdings (IRTC) Asset Utilization Ratio (2016 - 2026)

iRhythm Holdings' (IRTC) quarterly Asset Utilization Ratio came in at 0.79 in Q2 2026, up 13.04% year-over-year from 0.7 in Q2 2025, and up 1.1% quarter-over-quarter from 0.78 in Q1 2026.

Analysis

iRhythm Holdings (IRTC) Asset Utilization Ratio (2016 - 2026) Analysis & Trends

iRhythm Holdings (IRTC) has reported Asset Utilization Ratio for 11 consecutive years, with 0.79 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 13.04% year-over-year to 0.79 in Q2 2026; TTM through Jun 2026 was 0.79, a 13.04% increase from a year earlier, with the FY2025 full-year figure at 0.77, down 11.73% from the prior year.
  • Asset Utilization Ratio was 0.79 for Q2 2026 at iRhythm Holdings, up from 0.78 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.13 in Q4 2023 and troughed at 0.59 in Q2 2024.
  • A 5-year average of 0.81 and a median of 0.77 in 2022 frame the typical range for Asset Utilization Ratio.
  • Across the five-year window, Asset Utilization Ratio soared 37.19% in 2022 and slumped 44.71% in 2024, its largest moves.
  • Over 5 years, Asset Utilization Ratio stood at 0.92 in 2022, then gained by 22.05% to 1.13 in 2023, then tumbled by 43.05% to 0.64 in 2024, then increased by 15.33% to 0.74 in 2025, then increased by 6.02% to 0.79 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.79 (Q2 2026), 0.78 (Q1 2026), and 0.74 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 1.03
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn 0.69
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn 0.76
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn 0.62
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 0.64
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn 0.83
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn 0.37
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn 0.56
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn 0.54
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn 0.79
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.79
Mar 31, 2026 0.78
Dec 31, 2025 0.74
Sep 30, 2025 0.72
Jun 30, 2025 0.70
Mar 31, 2025 0.67
Dec 31, 2024 0.64
Sep 30, 2024 0.61
Jun 30, 2024 0.59
Mar 31, 2024 0.76
Dec 31, 2023 1.13
Sep 30, 2023 1.09
Jun 30, 2023 1.06
Mar 31, 2023 0.99
Dec 31, 2022 0.92
Sep 30, 2022 0.87
Jun 30, 2022 0.84
Mar 31, 2022 0.76
Dec 31, 2021 0.68
Sep 30, 2021 0.66