Mirion Technologies (MIR) Asset Utilization Ratio (2021 - 2026)
Mirion Technologies (MIR) posted Asset Utilization Ratio of 0.29 for Q2 2026, up 5.47% sequentially from 0.28 in Q1 2026, and down 12.08% YoY from 0.33 in Q2 2025.
Mirion Technologies (MIR) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Mirion Technologies has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.29 in Q2 2026.
- Quarterly Asset Utilization Ratio fell 12.08% year-over-year to 0.29 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.29 (down 12.08% YoY) and the FY2025 annual result came in at 0.3, down 7.52% from the prior year.
- Asset Utilization Ratio improved to 0.29 in Q2 2026 per MIR's latest filing, from 0.28 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.82 in Q3 2022 and troughed at 0.26 in Q4 2025.
- A 5-year average of 0.34 and a median of 0.3 in 2024 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio plunged 69.31% in 2022, then climbed 14.28% in 2024.
- Over 5 years, Asset Utilization Ratio stood at 0.37 in 2022, then retreated by 19.6% to 0.3 in 2023, then gained by 9.26% to 0.33 in 2024, then decreased by 19.72% to 0.26 in 2025, then grew by 11.18% to 0.29 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.29, 0.28, and 0.26 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 258.29 Bn | 245.17 Bn | 2.36 Bn | 0.53 |
| 2 | Eaton | 163.50 Bn | 162.81 Bn | 2.86 Bn | 1.07 |
| 3 | Parker-Hannifin | 125.73 Bn | 125.26 Bn | 2.02 Bn | 0.69 |
| 4 | Emerson Electric | 87.21 Bn | 85.03 Bn | 2.66 Bn | 0.44 |
| 5 | Cummins | 81.69 Bn | 77.03 Bn | 2.47 Bn | 0.99 |
| 6 | Illinois Tool Works | 80.75 Bn | 79.91 Bn | 1.90 Bn | 1.01 |
| 7 | Ametek | 54.58 Bn | 54.08 Bn | 735.04 Mn | 0.48 |
| 8 | Rockwell Automation | 48.47 Bn | 47.99 Bn | 1.14 Bn | 0.80 |
| 9 | Ingersoll Rand | 31.60 Bn | 30.43 Bn | 862.60 Mn | 0.44 |
| 10 | Mirion Technologies | 3.66 Bn | 3.24 Bn | 133.10 Mn | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.29 |
| 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 |
| Jun 30, 2021 | 1.36 |