Neogenomics (NEO) Asset Utilization Ratio (2011 - 2026)
Neogenomics' (NEO) quarterly Asset Utilization Ratio came in at 0.57 in Q2 2026, up 23.41% YoY from 0.46 in Q2 2025, and up 3.01% on a QoQ basis from 0.55 in Q1 2026.
Neogenomics (NEO) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Neogenomics (NEO) has 16 years of Asset Utilization Ratio data on file, last reported at 0.57 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 23.41% year-over-year to 0.57 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.57 (up 23.41% YoY) and the FY2025 annual result came in at 0.49, up 21.91% from the prior year.
- Asset Utilization Ratio climbed to 0.57 in Q2 2026, from 0.55 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.57 in Q2 2026 to a low of 0.26 in Q1 2022.
- A 5-year average of 0.39 and a median of 0.38 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio sank 55.9% — and 2026, when it soared 32.8%.
- Tracing NEO's Asset Utilization Ratio over 5 years: stood at 0.29 in 2022, then rose by 20.77% to 0.35 in 2023, then gained by 14.38% to 0.4 in 2024, then jumped by 32.03% to 0.53 in 2025, then grew by 6.76% to 0.57 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.57 (Q2 2026), 0.55 (Q1 2026), and 0.53 (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.40 Bn | 209.33 Bn | 8.34 Bn | 0.41 |
| 2 | Danaher | 139.94 Bn | 135.59 Bn | 3.61 Bn | 0.29 |
| 3 | Idexx Laboratories | 46.03 Bn | 45.83 Bn | 779.09 Mn | 1.33 |
| 4 | Agilent Technologies | 39.69 Bn | 37.88 Bn | 990.00 Mn | 0.56 |
| 5 | Iqvia Holdings | 39.32 Bn | 37.24 Bn | 1.44 Bn | 0.57 |
| 6 | Natera | 38.47 Bn | 37.37 Bn | 696.04 Mn | 1.00 |
| 7 | Illumina | 29.98 Bn | 28.82 Bn | 770.00 Mn | 0.68 |
| 8 | Mettler Toledo International | 28.57 Bn | 28.52 Bn | 650.22 Mn | 1.13 |
| 9 | Quest Diagnostics | 26.21 Bn | 25.58 Bn | 1.03 Bn | 0.69 |
| 10 | Neogenomics | 2.04 Bn | 1.90 Bn | 91.88 Mn | 0.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.57 |
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.53 |
| Sep 30, 2025 | 0.51 |
| Jun 30, 2025 | 0.46 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.40 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.37 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.32 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.29 |
| Sep 30, 2022 | 0.28 |
| Jun 30, 2022 | 0.27 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.25 |