Natera (NTRA) Asset Utilization Ratio (2015 - 2026)
Natera's (NTRA) Asset Utilization Ratio stood at 1.03 in Q2 2026, down 8.8% from 1.13 a year earlier but up 2.9% from the prior quarter.
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Analysis
Natera (NTRA) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
For FY2025, Natera's Asset Utilization Ratio came in at 1.14, up 3.9% from FY2024.
- Annual Asset Utilization Ratio has increased for five straight years.
- Across earlier years, Asset Utilization Ratio came in at 1.09 in FY2024 (+43.3%), 0.76 in FY2023 (+22.4%), 0.62 in FY2022 (+8.1%) and 0.58 in FY2021 (+11.7%).
- Quarterly Asset Utilization Ratio has ranged from 0.49 in Q4 2021 to 1.18 in Q3 2025 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio rose in six of the last eight quarters, with growth averaging 16.9%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 43.0% in Q3 2022, against a decline of 8.8% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.00 (Q1 2026), 1.09 (Q4 2025) and 1.18 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.81 Bn | 99.82 Bn | - | 1.25 |
| 2 | Natera | 56.54 Bn | 52.22 Bn | 485.19 Mn | 1.03 |
| 3 | Quest Diagnostics | 26.00 Bn | 24.13 Bn | 1.03 Bn | 0.69 |
| 4 | Labcorp Holdings | 25.94 Bn | 23.68 Bn | 1.11 Bn | 0.76 |
| 5 | Tenet Healthcare | 22.61 Bn | 11.62 Bn | - | 0.70 |
| 6 | Guardant Health | 21.66 Bn | 17.72 Bn | 219.03 Mn | 0.62 |
| 7 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 2.36 |
| 8 | Fresenius Medical Care AG | 12.57 Bn | 4.52 Bn | 1.52 Bn | 0.31 |
| 9 | Encompass Health | 12.47 Bn | 12.13 Bn | - | 0.84 |
| 10 | Tempus AI | 12.33 Bn | 9.36 Bn | 246.50 Mn | 0.64 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.03 |
| Mar 31, 2026 | 1.00 |
| Dec 31, 2025 | 1.09 |
| Sep 30, 2025 | 1.18 |
| Jun 30, 2025 | 1.13 |
| Mar 31, 2025 | 1.08 |
| Dec 31, 2024 | 1.04 |
| Sep 30, 2024 | 0.99 |
| Jun 30, 2024 | 0.91 |
| Mar 31, 2024 | 0.83 |
| Dec 31, 2023 | 0.75 |
| Sep 30, 2023 | 0.73 |
| Jun 30, 2023 | 0.73 |
| Mar 31, 2023 | 0.64 |
| Dec 31, 2022 | 0.68 |
| Sep 30, 2022 | 0.75 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.56 |
| Dec 31, 2021 | 0.49 |
| Sep 30, 2021 | 0.52 |
API Access
Natera 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=NTRA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NTRA", "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=NTRA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();