Mirion Technologies (MIR) Asset Utilization Ratio (2021 - 2026)
Mirion Technologies (MIR) reported Asset Utilization Ratio of 0.28 for Q1 2026, down 16.74% on a YoY basis from 0.33 in Q1 2025, and up 5.41% sequentially from 0.26 in Q4 2025.
Mirion Technologies (MIR) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Mirion Technologies (MIR) has 6 years of Asset Utilization Ratio data on file, last reported at 0.28 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 16.74% year-over-year to 0.28; the trailing twelve-month figure through Mar 2026 stood at 0.28 (down 16.74% YoY), and the FY2025 full-year result was 0.3, down 7.52% from the prior year.
- Asset Utilization Ratio climbed to 0.28 in Q1 2026, from 0.26 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.82 in Q3 2022 to a low of 0.26 in Q4 2025.
- A 5-year average of 0.34 and a median of 0.31 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio slumped 69.31% in 2022 and gained 14.28% in 2024, its largest moves.
- Tracing MIR's Asset Utilization Ratio over 5 years: stood at 0.37 in 2022, then dropped by 19.6% to 0.3 in 2023, then grew by 9.26% to 0.33 in 2024, then declined by 19.72% to 0.26 in 2025, then rose by 5.41% to 0.28 in 2026.
- Business Quant data shows MIR's Asset Utilization Ratio at 0.28 in Q1 2026, 0.26 in Q4 2025, and 0.29 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 0.53 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.59 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.69 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.99 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.44 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 1.00 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.47 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.78 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 0.43 |
| 10 | Mirion Technologies | 4.05 Bn | 3.65 Bn | 119.10 Mn | 0.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.26 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.29 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.37 |
| Sep 30, 2022 | 0.82 |
| Mar 31, 2022 | 0.38 |
| Sep 30, 2021 | 2.67 |