Myriad Genetics (MYGN) Asset Utilization Ratio (2011 - 2026)
Myriad Genetics (MYGN) posted quarterly Asset Utilization Ratio of 1.2 for Q1 2026, up 46.93% year-over-year from 0.82 in Q1 2025, and up 4.51% quarter-over-quarter from 1.15 in Q4 2025.
Myriad Genetics (MYGN) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Myriad Genetics (MYGN) has reported Asset Utilization Ratio for 16 consecutive years, with 1.2 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 46.93% year-over-year to 1.2; the TTM figure through Mar 2026 stood at 1.2 (up 46.93% YoY), while the FY2025 annual figure was 0.95, up 23.41% from the prior year.
- Asset Utilization Ratio climbed to 1.2 in Q1 2026 per MYGN's latest filing, from 1.15 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.2 in Q1 2026 and bottomed at 0.53 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.76 across 5 years, with a median of 0.69 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio tumbled 35.54% — and 2025, when it soared 54.47%.
- Myriad Genetics' Asset Utilization Ratio stood at 0.56 in 2022, then climbed by 16.59% to 0.66 in 2023, then gained by 21.05% to 0.79 in 2024, then jumped by 44.69% to 1.15 in 2025, then advanced by 4.51% to 1.2 in 2026.
- Business Quant data shows MYGN's Asset Utilization Ratio at 1.2 in Q1 2026, 1.15 in Q4 2025, and 1.17 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 0.41 |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 0.29 |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 1.03 |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 0.56 |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 0.57 |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 1.33 |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 0.68 |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 1.13 |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 0.76 |
| 10 | Myriad Genetics | 300.99 Mn | 185.79 Mn | 127.00 Mn | 1.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 |
| Mar 31, 2026 | 1.20 |
| Dec 31, 2025 | 1.15 |
| Sep 30, 2025 | 1.17 |
| Jun 30, 2025 | 0.99 |
| Mar 31, 2025 | 0.82 |
| Dec 31, 2024 | 0.79 |
| Sep 30, 2024 | 0.76 |
| Jun 30, 2024 | 0.73 |
| Mar 31, 2024 | 0.69 |
| Dec 31, 2023 | 0.66 |
| Sep 30, 2023 | 0.63 |
| Jun 30, 2023 | 0.59 |
| Mar 31, 2023 | 0.59 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.55 |
| Mar 31, 2022 | 0.53 |
| Dec 31, 2021 | 0.52 |
| Sep 30, 2021 | 0.62 |