MDxHealth (MDXH) Asset Utilization Ratio (2022 - 2023)
MDxHealth's (MDXH) Asset Utilization Ratio came in at 0.69 for the year ended Dec 31, 2025, down 6.9% from 0.75 a year earlier.
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Analysis
MDxHealth (MDXH) Asset Utilization Ratio (2022 - 2023) Analysis & Trends
Since the year ended Dec 31, 2021, MDxHealth has reported Asset Utilization Ratio for 5 years.
- Annual Asset Utilization Ratio has run from a low of 0.25 in the year ended Dec 31, 2022 to a high of 0.75 in the year ended Dec 31, 2024 over five years.
- Business Quant data shows MDXH's Asset Utilization Ratio at 0.75 in the year ended Dec 31, 2024 (+8.0%), 0.69 in the year ended Dec 31, 2023 (+176.2%), 0.25 in the year ended Dec 31, 2022 (-16.3%) and 0.30 in the year ended Dec 31, 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | 1.25 |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 1.03 |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 0.69 |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 0.76 |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 0.62 |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | 0.70 |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 0.64 |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | 0.84 |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 2.36 |
| 10 | MDxHealth | 29.79 Mn | -98.90 Mn | 17.89 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 0.64 |
| Sep 30, 2023 | 0.44 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.29 |
| 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();