Neogenomics (NEO) Asset Utilization Ratio (2011 - 2026)
Neogenomics (NEO) reported Asset Utilization Ratio of 0.55 for Q1 2026, up 32.8% on a YoY basis from 0.42 in Q1 2025, and up 3.63% quarter-over-quarter from 0.53 in Q4 2025.
Neogenomics (NEO) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Neogenomics has reported Asset Utilization Ratio for 16 years, with the latest figure at 0.55 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 32.8% year-over-year to 0.55; the trailing twelve-month figure through Mar 2026 stood at 0.55 (up 32.8% YoY), and the FY2025 full-year result was 0.49, up 21.91% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.55, up from 0.53 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.55 in Q1 2026, with the low at 0.26 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.38 across 5 years, with a median of 0.37 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio plunged 56.03% — and 2026, when it soared 32.8%.
- Neogenomics' Asset Utilization Ratio 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 increased by 3.63% to 0.55 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.55 (Q1 2026), 0.53 (Q4 2025), and 0.51 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 0.25 |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 0.40 |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 0.30 |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 1.32 |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 0.56 |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | 1.00 |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 0.56 |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 0.67 |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | 1.11 |
| 10 | Neogenomics | 1.48 Bn | 1.33 Bn | 80.86 Mn | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.29 |