Mesa Laboratories MLAB
NASDAQ MLAB
$129.10 -0.10 (-0.08%)
At close: Oct 22, 2026 · 4:00 PM EDT

Mesa Laboratories (MLAB) Asset Utilization Ratio (2011 - 2026)

Updated

Mesa Laboratories' (MLAB) Asset Utilization Ratio stood at 0.59 in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 5.7% from 0.56 a year earlier and up 2.1% from the prior quarter.

Analysis

Mesa Laboratories (MLAB) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

For FY2026 (ended Mar 31, 2026), Mesa Laboratories' Asset Utilization Ratio came in at 0.58, up 5.7% from FY2025.

  • Annual Asset Utilization Ratio has increased for five straight fiscal years.
  • Across earlier fiscal years, Asset Utilization Ratio came in at 0.55 in FY2025 (+40.4%), 0.39 in FY2024 (+21.9%), 0.32 in FY2023 (+13.6%) and 0.28 in FY2022 (+6.3%).
  • The fiscal Q1 2027 figure is the highest quarterly Asset Utilization Ratio since fiscal Q1 2020.
  • On a year-over-year basis, Asset Utilization Ratio has increased for ten consecutive quarters, with growth averaging 27.2% over the last eight quarters.
  • Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 73.5% in fiscal Q3 2025, against a decline of 8.4% in fiscal Q3 2024 at the low end.
  • Per Business Quant, the preceding three fiscal quarters came in at 0.58 (Q4 2026), 0.57 (Q3 2026) and 0.57 (Q2 2026).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Thermo Fisher Scientific 250.71 Bn 229.74 Bn 4.88 Bn 0.41
2 Abbott Laboratories 178.38 Bn 148.81 Bn 7.27 Bn 0.42
3 Danaher 161.61 Bn 145.42 Bn 3.61 Bn 0.29
4 Intuitive Surgical 154.15 Bn 134.44 Bn 2.08 Bn 0.58
5 Medtronic 123.21 Bn 88.46 Bn 6.34 Bn 0.40
6 Stryker 117.50 Bn 103.61 Bn 4.50 Bn 0.55
7 Boston Scientific 67.50 Bn 62.26 Bn 3.85 Bn 0.47
8 Becton Dickinson 54.80 Bn 51.95 Bn 2.32 Bn 0.46
9 Edwards Lifesciences 51.78 Bn 35.79 Bn 1.35 Bn 0.48
10 Mesa Laboratories 729.47 Mn 622.45 Mn 39.01 Mn 0.59
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.59
Mar 31, 2026 0.58
Dec 31, 2025 0.57
Sep 30, 2025 0.57
Jun 30, 2025 0.56
Mar 31, 2025 0.56
Dec 31, 2024 0.54
Sep 30, 2024 0.51
Jun 30, 2024 0.50
Mar 31, 2024 0.36
Dec 31, 2023 0.31
Sep 30, 2023 0.33
Jun 30, 2023 0.34
Mar 31, 2023 0.33
Dec 31, 2022 0.34
Sep 30, 2022 0.33
Jun 30, 2022 0.29
Mar 31, 2022 0.26
Dec 31, 2021 0.25
Sep 30, 2021 0.23
API Access

Mesa Laboratories 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=MLAB&period=max&api_key=YOUR_API_KEY