MDxHealth (MDXH) Asset Utilization Ratio (2023 - 2026)

MDxHealth (MDXH) posted Asset Utilization Ratio of 1.21 for Q1 2026, little changed sequentially from 1.21 in Q4 2025, and up 111.89% YoY from 0.57 in Q1 2025.

MDxHealth (MDXH) Asset Utilization Ratio (2023 - 2026) Analysis & Trends

MDxHealth has reported Asset Utilization Ratio for 4 years, with the latest figure at 1.21 in Q1 2026.

  • Quarterly Asset Utilization Ratio rose 111.89% year-over-year to 1.21 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.21 (up 111.89% YoY) and the FY2025 annual result came in at 1.46, up 131.69% from the prior year.
  • Asset Utilization Ratio was little changed at 1.21 in Q1 2026 per MDXH's latest filing, from 1.21 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 2.31 in Q3 2025 and troughed at 0.38 in Q2 2023.
  • A 4-year average of 0.87 and a median of 0.59 in 2024 frame the typical range for Asset Utilization Ratio.
  • The widest YoY moves for Asset Utilization Ratio: up 292.78% in 2025, down 5.24% in 2025.
  • Over 4 years, Asset Utilization Ratio stood at 0.53 in 2023, then increased by 7.96% to 0.57 in 2024, then surged by 111.71% to 1.21 in 2025, then fell by 0.47% to 1.21 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.21, 1.21, and 2.31 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.41
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 1.33
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.56
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.57
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 1.00
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 0.68
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 1.13
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.69
10 MDxHealth 21.81 Mn -21.34 Mn 16.61 Mn 414.84

Historic Data

Download Data
DateValue
Mar 31, 2026 1.21
Dec 31, 2025 1.21
Sep 30, 2025 2.31
Jun 30, 2025 1.41
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