Myomo (MYO) Asset Utilization Ratio (2017 - 2025)
Myomo's Asset Utilization Ratio came in at 1.14 for Q3 2025, down 26.3% from 1.55 a year earlier but up 11.7% from the prior quarter.
Analysis
Myomo (MYO) Asset Utilization Ratio (2017 - 2025) Analysis & Trends
For FY2024, Myomo's Asset Utilization Ratio was 1.15, down 26.3% from FY2023.
- Going back by year, Asset Utilization Ratio was 1.56 in FY2023 (+51.3%), 1.03 in FY2022 (+29.1%), 0.80 in FY2021 (+11.9%) and 0.71 in FY2020 (+38.0%).
- The five-year range for quarterly Asset Utilization Ratio is 0.50 (Q1 2021) to 1.55 (Q3 2024).
- Year-over-year, Asset Utilization Ratio has declined for four consecutive quarters, with an average decline of 8.5% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2021 (growth of 107.8%), and the weakest in Q3 2025 (a decline of 26.3%).
- Business Quant data shows MYO's Asset Utilization Ratio at 1.02 (Q2 2025), 0.93 (Q1 2025) and 1.11 (Q4 2024) in the three quarters before Q3 2025.
Peer Set
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 | Myomo | 58.80 Mn | -614,275.30 | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 1.14 |
| Jun 30, 2025 | 1.02 |
| Mar 31, 2025 | 0.93 |
| Dec 31, 2024 | 1.11 |
| Sep 30, 2024 | 1.55 |
| Jun 30, 2024 | 1.29 |
| Mar 31, 2024 | 1.26 |
| Dec 31, 2023 | 1.22 |
| Sep 30, 2023 | 1.22 |
| Jun 30, 2023 | 1.29 |
| Mar 31, 2023 | 1.27 |
| Dec 31, 2022 | 1.39 |
| Sep 30, 2022 | 1.16 |
| Jun 30, 2022 | 0.98 |
| Mar 31, 2022 | 0.81 |
| Dec 31, 2021 | 0.74 |
| Sep 30, 2021 | 0.77 |
| Jun 30, 2021 | 0.58 |
| Mar 31, 2021 | 0.50 |
| Dec 31, 2020 | 0.50 |
API Access
Myomo 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=MYO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "MYO", "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=MYO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();