Standard Biotools (LAB) Asset Utilization Ratio (2011 - 2026)
Standard Biotools' (LAB) Asset Utilization Ratio was 0.13 for Q3 2026, down 15.0% from 0.16 a year earlier but up 0.1% from the prior quarter.
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Analysis
Standard Biotools (LAB) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Standard Biotools was 0.14, down 25.7% from FY2024.
- By year, Asset Utilization Ratio came in at 0.19 in FY2024 (-34.7%), 0.30 in FY2023 (+1.3%), 0.29 in FY2022 (-32.4%) and 0.44 in FY2021 (-7.1%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.13 in Q2 2026 and a high of 0.47 in Q4 2021.
- Year over year, Asset Utilization Ratio has now declined in each of the last 11 quarters, with an average decline of 17.4% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q4 2023 (growth of 32.0%); the low point was Q4 2022 (a decline of 48.1%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 0.13 (Q2 2026), 0.14 (Q1 2026) and 0.15 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 0.42 |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 0.44 |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 0.28 |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 0.58 |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 0.55 |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 0.46 |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 0.48 |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 0.77 |
| 10 | Standard Biotools | 280.22 Mn | -1.30 Bn | 10.83 Mn | 0.13 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.13 |
| Jun 30, 2026 | 0.13 |
| Mar 31, 2026 | 0.14 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.15 |
| Dec 31, 2024 | 0.18 |
| Sep 30, 2024 | 0.17 |
| Jun 30, 2024 | 0.16 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.32 |
| Sep 30, 2023 | 0.30 |
| Jun 30, 2023 | 0.29 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.31 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.47 |
API Access
Standard Biotools 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=LAB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LAB", "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=LAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();