NovoCure (NVCR) Asset Utilization Ratio (2015 - 2026)
NovoCure's (NVCR) quarterly Asset Utilization Ratio came in at 0.85 in Q1 2026, up 69.61% year-on-year from 0.5 in Q1 2025, and up 39.96% quarter-over-quarter from 0.61 in Q4 2025.
NovoCure (NVCR) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
NovoCure has disclosed Asset Utilization Ratio across 12 years of filings, most recently posting 0.85 for Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.85, up 69.61% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.85 (up 69.61% YoY), and the FY2025 annual result was 0.64, up 26.38% from the prior year.
- Asset Utilization Ratio came in at 0.85 for Q1 2026 at NovoCure, up from 0.61 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.85 in Q1 2026 to a low of 0.44 in Q2 2023.
- The 5-year median for Asset Utilization Ratio is 0.47 (2024), against an average of 0.5.
- Across the five-year window, Asset Utilization Ratio decreased 7.71% in 2023 and surged 69.61% in 2026, its largest moves.
- NovoCure's Asset Utilization Ratio stood at 0.45 in 2022, then declined by 2.27% to 0.44 in 2023, then gained by 10.61% to 0.49 in 2024, then rose by 23.15% to 0.61 in 2025, then jumped by 39.96% to 0.85 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.85 (Q1 2026), 0.61 (Q4 2025), and 0.49 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 0.39 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 0.47 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.65 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 0.74 |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 0.57 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 0.56 |
| 10 | NovoCure | 1.63 Bn | 1.20 Bn | 135.13 Mn | 0.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.50 |