NeuroPace (NPCE) Asset Utilization Ratio (2021 - 2026)
NeuroPace's Asset Utilization Ratio came in at 1.11 for Q3 2026, up 36.9% from 0.81 a year earlier and up 1.9% from the prior quarter.
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Analysis
NeuroPace (NPCE) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
For FY2025, NeuroPace's Asset Utilization Ratio was 1.00, up 26.4% from FY2024.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 0.79 in FY2024 (+33.9%), 0.59 in FY2023 (+60.5%), 0.37 in FY2022 (-22.9%) and 0.48 in FY2021.
- The Q3 2026 figure represents the highest quarterly Asset Utilization Ratio in data going back to Q1 2021.
- Year-over-year, Asset Utilization Ratio has increased for 17 consecutive quarters, with growth averaging 22.4% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q3 2023 (growth of 63.3%), and the weakest in Q1 2022 (a decline of 56.7%).
- Business Quant data shows NPCE's Asset Utilization Ratio at 1.09 (Q2 2026), 1.01 (Q1 2026) and 0.98 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 0.42 |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 0.44 |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 0.28 |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 0.58 |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 0.55 |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 0.46 |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 0.48 |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 0.77 |
| 10 | NeuroPace | 260.31 Mn | 44.34 Mn | 19.47 Mn | 1.11 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.11 |
| Jun 30, 2026 | 1.01 |
| Mar 31, 2026 | 0.93 |
| Dec 31, 2025 | 0.90 |
| Sep 30, 2025 | 0.85 |
| Jun 30, 2025 | 0.78 |
| Mar 31, 2025 | 0.82 |
| Dec 31, 2024 | 0.84 |
| Sep 30, 2024 | 0.80 |
| Jun 30, 2024 | 0.74 |
| Mar 31, 2024 | 0.67 |
| Dec 31, 2023 | 0.63 |
| Sep 30, 2023 | 0.60 |
| Jun 30, 2023 | 0.53 |
| Mar 31, 2023 | 0.44 |
| Dec 31, 2022 | 0.39 |
| Sep 30, 2022 | 0.37 |
| Jun 30, 2022 | 0.35 |
| Mar 31, 2022 | 0.35 |
| Dec 31, 2021 | 0.33 |
API Access
NeuroPace 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=NPCE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NPCE", "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=NPCE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();