iRhythm Holdings (IRTC) Asset Utilization Ratio (2016 - 2026)
iRhythm Holdings (IRTC) reported Asset Utilization Ratio of 0.78 for Q1 2026, up 16.75% year-over-year from 0.67 in Q1 2025, and up 4.87% on a QoQ basis from 0.74 in Q4 2025.
iRhythm Holdings (IRTC) has 11 years of Asset Utilization Ratio data on file, last reported at 0.78 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 16.75% year-over-year to 0.78 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.78 (up 16.75% YoY) and the FY2025 annual result came in at 0.77, down 11.73% from the prior year.
- Asset Utilization Ratio advanced to 0.78 in Q1 2026 per IRTC's latest filing, from 0.74 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.13 in Q4 2023 and bottomed at 0.59 in Q2 2024.
- The 5-year median for Asset Utilization Ratio is 0.76 (2022), against an average of 0.82.
- The widest annual swing landed in 2022, when Asset Utilization Ratio surged 37.19%; it then tumbled 44.71% in 2024.
- Tracing IRTC's Asset Utilization Ratio over 5 years: stood at 0.92 in 2022, then rose by 22.05% to 1.13 in 2023, then plunged by 43.05% to 0.64 in 2024, then grew by 15.33% to 0.74 in 2025, then rose by 4.87% to 0.78 in 2026.
- Per Business Quant, the three latest IRTC Asset Utilization Ratio figures stand at 0.78 (Q1 2026), 0.74 (Q4 2025), and 0.72 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 0.39 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 0.47 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.65 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 0.74 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 0.57 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 0.56 |
| 10 | iRhythm Holdings | 3.55 Bn | 3.00 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 |
| Mar 31, 2021 | 0.56 |
| Dec 31, 2020 | 0.53 |
| Sep 30, 2020 | 0.63 |
| Jun 30, 2020 | 0.82 |
| Mar 31, 2020 | 0.78 |
| Dec 31, 2019 | 0.70 |
| Sep 30, 2019 | 0.77 |
| Jun 30, 2019 | 1.13 |
| Mar 31, 2019 | 1.41 |
| Dec 31, 2018 | 1.25 |
| Sep 30, 2018 | 1.12 |
| Jun 30, 2018 | 0.99 |
| Mar 31, 2018 | 0.85 |
| Dec 31, 2017 | 0.74 |
| Sep 30, 2017 | 0.66 |
| Jun 30, 2017 | 0.60 |
| Mar 31, 2017 | 0.54 |
| Dec 31, 2016 | 0.77 |