iRhythm Holdings (IRTC) Asset Utilization Ratio (2016 - 2026)
iRhythm Holdings' (IRTC) quarterly Asset Utilization Ratio came in at 0.78 in Q1 2026, up 16.75% year-on-year from 0.67 in Q1 2025, and up 4.87% on a QoQ basis from 0.74 in Q4 2025.
iRhythm Holdings (IRTC) Asset Utilization Ratio (2016 - 2026) Analysis & Trends
iRhythm Holdings (IRTC) has 11 years of Asset Utilization Ratio data on file, last reported at 0.78 in Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 16.75% year-over-year to 0.78 in Q1 2026; TTM through Mar 2026 was 0.78, a 16.75% increase from a year earlier, with the FY2025 full-year figure at 0.77, down 11.73% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.78, up from 0.74 in the prior quarter.
- Over the last five years, Asset Utilization Ratio for IRTC reached as high as 1.13 in Q4 2023 and fell as low as 0.59 in Q2 2024.
- Historically, Asset Utilization Ratio has averaged 0.82 across 5 years, with a median of 0.76 in 2022.
- Across the five-year window, Asset Utilization Ratio surged 37.19% in 2022 and tumbled 44.71% in 2024, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.92 in 2022, then increased by 22.05% to 1.13 in 2023, then tumbled by 43.05% to 0.64 in 2024, then climbed by 15.33% to 0.74 in 2025, then increased by 4.87% to 0.78 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.78 in Q1 2026, 0.74 in Q4 2025, and 0.72 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 0.47 |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 0.74 |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 0.65 |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 0.57 |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | iRhythm Holdings | 3.50 Bn | 2.95 Bn | 141.35 Mn | 0.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.64 |