NovoCure (NVCR) Asset Utilization Ratio (2015 - 2026)

NovoCure (NVCR) posted quarterly Asset Utilization Ratio of 0.88 for Q2 2026, up 74.84% year-on-year from 0.51 in Q2 2025, and up 4.27% on a QoQ basis from 0.85 in Q1 2026.

NovoCure (NVCR) Asset Utilization Ratio (2015 - 2026) Analysis & Trends

NovoCure (NVCR) has reported Asset Utilization Ratio for 12 consecutive years, with 0.88 the latest figure, recorded in Q2 2026.

  • Quarterly Asset Utilization Ratio rose 74.84% year-over-year to 0.88 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.88 (up 74.84% YoY) and the FY2025 annual result came in at 0.64, up 26.38% from the prior year.
  • Asset Utilization Ratio climbed to 0.88 in Q2 2026 per NVCR's latest filing, from 0.85 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for NVCR reached as high as 0.88 in Q2 2026 and fell as low as 0.44 in Q2 2023.
  • A 5-year average of 0.52 and a median of 0.47 in 2022 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio fell 7.71% — and 2026, when it jumped 74.84%.
  • Year by year, Asset Utilization Ratio stood at 0.45 in 2022, then dropped by 2.27% to 0.44 in 2023, then rose by 10.61% to 0.49 in 2024, then increased by 23.15% to 0.61 in 2025, then surged by 45.94% to 0.88 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.88, 0.85, and 0.61 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 0.46
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 0.54
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 0.39
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 0.47
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 0.47
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 0.74
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 0.65
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 0.57
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 NovoCure 2.28 Bn 1.85 Bn 142.48 Mn 0.88

Historic Data

Download Data
DateValue
Jun 30, 2026 0.88
Mar 31, 2026 0.85
Dec 31, 2025 0.61
Sep 30, 2025 0.49
Jun 30, 2025 0.51
Mar 31, 2025 0.50
Dec 31, 2024 0.49
Sep 30, 2024 0.47
Jun 30, 2024 0.47
Mar 31, 2024 0.46
Dec 31, 2023 0.44
Sep 30, 2023 0.44
Jun 30, 2023 0.44
Mar 31, 2023 0.44
Dec 31, 2022 0.45
Sep 30, 2022 0.46
Jun 30, 2022 0.47
Mar 31, 2022 0.47
Dec 31, 2021 0.47
Sep 30, 2021 0.49