MDxHealth (MDXH) Asset Utilization Ratio (2022 - 2026)
MDxHealth's (MDXH) Asset Utilization Ratio came in at 0.79 for the quarter ended Sep 30, 2026, up 7.7% from the prior quarter.
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Analysis
MDxHealth (MDXH) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, MDxHealth's Asset Utilization Ratio stood at 0.69, up 10.5% from the prior year.
- Annual Asset Utilization Ratio has increased for three consecutive years.
- In prior years, MDxHealth's Asset Utilization Ratio was 0.63 in the year ended Dec 31, 2024 (+11.2%), 0.57 in the year ended Dec 31, 2023 (+48.2%), 0.38 in the year ended Dec 31, 2022 (-8.3%) and 0.42 in the year ended Dec 31, 2021.
- The figure for the quarter ended Sep 30, 2026 stands as the highest quarterly Asset Utilization Ratio in data going back to the quarter ended Sep 30, 2022.
- On a year-over-year basis, Asset Utilization Ratio increased in three of the last four quarters, with growth averaging 8.9%.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was the quarter ended Sep 30, 2023, with growth of 90.0%; the weakest was the quarter ended Mar 31, 2025, with a decline of 5.2%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.73 (quarter ended Jun 30, 2026), 0.67 (quarter ended Mar 31, 2026) and 0.66 (quarter ended Dec 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 105.29 Bn | 103.13 Bn | 17.03 Bn | 1.24 |
| 2 | Natera | 46.06 Bn | 41.68 Bn | 513.47 Mn | 1.08 |
| 3 | Labcorp Holdings | 30.09 Bn | 28.19 Bn | 1.11 Bn | 0.78 |
| 4 | Quest Diagnostics | 28.58 Bn | 26.66 Bn | 1.04 Bn | 0.69 |
| 5 | Guardant Health | 20.44 Bn | 16.05 Bn | 236.15 Mn | 0.67 |
| 6 | BrightSpring Health Services | 14.16 Bn | 11.04 Bn | 518.55 Mn | 2.49 |
| 7 | Encompass Health | 13.83 Bn | 14.29 Bn | 1.54 Bn | 0.84 |
| 8 | Tempus AI | 12.69 Bn | 9.84 Bn | 266.70 Mn | 0.63 |
| 9 | Davita | 11.06 Bn | 9.92 Bn | 1.13 Bn | 0.80 |
| 10 | MDxHealth | 7.19 Mn | -122.28 Mn | 14.04 Mn | 0.79 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.79 |
| Jun 30, 2026 | 0.76 |
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.69 |
| Sep 30, 2025 | 0.63 |
| Jun 30, 2025 | 0.57 |
| Mar 31, 2025 | 0.57 |
| Dec 31, 2024 | 0.57 |
| Sep 30, 2024 | 0.59 |
| Jun 30, 2024 | 0.64 |
| Mar 31, 2024 | 0.60 |
| Dec 31, 2023 | 0.53 |
| Sep 30, 2023 | 0.46 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.31 |
| Sep 30, 2022 | 0.24 |
API Access
MDxHealth 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=MDXH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MDXH", "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=MDXH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();