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
DateValue
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