Inotiv (NOTVQ) Asset Utilization Ratio (2011 - 2026)
Inotiv's (NOTVQ) Asset Utilization Ratio was 0.71 for fiscal Q2 2026 (quarter ended Mar 31, 2026), up 13.1% from 0.62 a year earlier and up 3.4% from the prior quarter.
Inotiv (NOTVQ) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Asset Utilization Ratio at Inotiv was 0.66, up 10.3% from FY2024.
- By fiscal year, Asset Utilization Ratio came in at 0.60 in FY2024 (-4.8%), 0.63 in FY2023 (-26.2%), 0.85 in FY2022 (+82.4%) and 0.47 in FY2021 (-60.0%).
- The fiscal Q2 2026 figure ranks as the highest quarterly Asset Utilization Ratio since fiscal Q2 2021.
- Year over year, Asset Utilization Ratio has now increased in each of the last four quarters, with growth averaging 0.7% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was fiscal Q1 2023 (growth of 171.8%); the low point was fiscal Q1 2022 (a decline of 77.6%).
- Per Business Quant data, the three fiscal quarters before Q2 2026 came in at 0.68 (Q1 2026), 0.67 (Q4 2025) and 0.66 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.26 Bn | 36.10 Bn | 1.44 Bn | 0.57 |
| 2 | Medpace Holdings | 17.42 Bn | 15.48 Bn | 201.64 Mn | 1.33 |
| 3 | Charles River Laboratories International | 14.08 Bn | 13.32 Bn | 363.37 Mn | 0.52 |
| 4 | Icon | 13.02 Bn | 10.12 Bn | 479.29 Mn | 0.50 |
| 5 | Fortrea Holdings | 1.90 Bn | 1.28 Bn | 139.20 Mn | 0.99 |
| 6 | Ginkgo Bioworks Holdings | 817.41 Mn | 55.33 Mn | 18.44 Mn | 0.11 |
| 7 | Evotec SE | 608.00 Mn | -965.22 Mn | - | - |
| 8 | Champions Oncology | 69.59 Mn | 45.24 Mn | 7.70 Mn | 2.01 |
| 9 | MindWalk Holdings | 62.13 Mn | 26.34 Mn | 1.61 Mn | 0.84 |
| 10 | Inotiv | 348,881.46 | -55.52 Mn | 24.65 Mn | 0.71 |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.71 |
| Dec 31, 2025 | 0.68 |
| Sep 30, 2025 | 0.67 |
| Jun 30, 2025 | 0.66 |
| Mar 31, 2025 | 0.62 |
| Dec 31, 2024 | 0.61 |
| Sep 30, 2024 | 0.63 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.69 |
| Sep 30, 2023 | 0.67 |
| Jun 30, 2023 | 0.68 |
| Mar 31, 2023 | 0.69 |
| Dec 31, 2022 | 0.64 |
| Sep 30, 2022 | 0.51 |
| Jun 30, 2022 | 0.37 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.24 |
| Sep 30, 2021 | 0.36 |
| Jun 30, 2021 | 0.62 |
Inotiv 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=NOTVQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NOTVQ", "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=NOTVQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();