Myriad Genetics MYGN
NASDAQ MYGN
$4.31 +0.08 (+1.89%)
At close: Sep 30, 2026 · 4:00 PM EDT

Myriad Genetics (MYGN) Asset Utilization Ratio (2011 - 2026)

Updated

Myriad Genetics' (MYGN) Asset Utilization Ratio was 1.23 for Q2 2026, up 24.2% from 0.99 a year earlier and up 2.3% from the prior quarter.

Analysis

Myriad Genetics (MYGN) Asset Utilization Ratio (2011 - 2026) Analysis & Trends

For FY2025, Asset Utilization Ratio at Myriad Genetics was 0.95, up 23.4% from FY2024.

  • Asset Utilization Ratio has increased for five consecutive years.
  • By year, Asset Utilization Ratio came in at 0.77 in FY2024 (+20.0%), 0.64 in FY2023 (+19.3%), 0.54 in FY2022 (+6.8%) and 0.50 in FY2021 (+27.8%).
  • The Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio in data going back to Q1 2021.
  • Year over year, Asset Utilization Ratio has now increased in each of the last 15 quarters, with growth averaging 33.4% over the last eight quarters.
  • The high point for year-over-year Asset Utilization Ratio in five years was Q3 2025 (growth of 54.5%); the low point was Q3 2022 (a decline of 21.0%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 1.20 (Q1 2026), 1.15 (Q4 2025) and 1.17 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 HCA Healthcare 93.06 Bn 92.50 Bn - 1.25
2 Natera 59.36 Bn 55.04 Bn 485.19 Mn 1.03
3 Quest Diagnostics 25.72 Bn 24.15 Bn 1.03 Bn 0.69
4 Labcorp Holdings 24.93 Bn 22.69 Bn 1.11 Bn 0.76
5 Guardant Health 23.83 Bn 19.89 Bn 219.03 Mn 0.62
6 Tenet Healthcare 20.58 Bn 11.72 Bn - 0.70
7 Tempus AI 14.35 Bn 11.38 Bn 246.50 Mn 0.64
8 Encompass Health 11.99 Bn 12.46 Bn - 0.84
9 BrightSpring Health Services 11.21 Bn 9.55 Bn 492.75 Mn 2.36
10 Myriad Genetics 412.04 Mn -122.56 Mn 127.00 Mn 1.23
Historic Data

Historic Data

Download Data
DateValue
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 0.50
API Access

Myriad Genetics 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=MYGN&period=max&api_key=YOUR_API_KEY