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| Date | Value |
|---|---|
| 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 |