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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |