Pulmonx (LUNG) Asset Utilization Ratio (2020 - 2025)
Pulmonx's (LUNG) Asset Utilization Ratio was 0.64 for Q3 2025, up 37.7% from 0.47 a year earlier and up 5.6% from the prior quarter.
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Analysis
Pulmonx (LUNG) Asset Utilization Ratio (2020 - 2025) Analysis & Trends
For FY2024, Asset Utilization Ratio at Pulmonx was 0.49, up 33.0% from FY2023.
- Asset Utilization Ratio has increased for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.37 in FY2023 (+47.8%), 0.25 in FY2022 (+28.9%), 0.19 in FY2021 (-5.9%) and 0.21 in FY2020.
- The Q3 2025 figure ranks as the highest quarterly Asset Utilization Ratio in data going back to Q4 2020.
- Year over year, Asset Utilization Ratio has now increased in each of the last 16 quarters, with growth averaging 38.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Asset Utilization Ratio ran from 2.8% in Q4 2021 to 69.7% in Q1 2022.
- Per Business Quant data, the three quarters before Q3 2025 came in at 0.61 (Q2 2025), 0.56 (Q1 2025) and 0.51 (Q4 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 265.71 Bn | 242.23 Bn | 5.13 Bn | 0.42 |
| 2 | Abbott Laboratories | 189.37 Bn | 163.23 Bn | 7.39 Bn | 0.44 |
| 3 | Danaher | 164.78 Bn | 144.43 Bn | 3.84 Bn | 0.28 |
| 4 | Intuitive Surgical | 157.85 Bn | 138.13 Bn | 2.08 Bn | 0.58 |
| 5 | Medtronic | 129.66 Bn | 94.91 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 121.82 Bn | 108.01 Bn | 4.25 Bn | 0.55 |
| 7 | Boston Scientific | 63.42 Bn | 58.86 Bn | 3.43 Bn | 0.46 |
| 8 | Edwards Lifesciences | 59.49 Bn | 42.69 Bn | 1.35 Bn | 0.48 |
| 9 | Becton Dickinson | 58.38 Bn | 55.53 Bn | 2.32 Bn | 0.46 |
| 10 | Pulmonx | 116.67 Mn | -202.56 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.64 |
| Jun 30, 2025 | 0.61 |
| Mar 31, 2025 | 0.56 |
| Dec 31, 2024 | 0.51 |
| Sep 30, 2024 | 0.47 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.43 |
| Dec 31, 2023 | 0.38 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.17 |
| Mar 31, 2021 | 0.13 |
| Dec 31, 2020 | 0.20 |
API Access
Pulmonx 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=LUNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "LUNG", "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=LUNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();