Mesa Laboratories (MLAB) Asset Utilization Ratio (2011 - 2026)
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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 0.47 |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 0.48 |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 0.46 |
| 10 | Mesa Laboratories | 727.12 Mn | 620.10 Mn | 39.01 Mn | 0.59 |
Historic Data
| Date | Value |
|---|---|
| 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 |
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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MLAB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=MLAB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();