NovoCure (NVCR) Asset Utilization Ratio (2015 - 2026)
NovoCure recorded quarterly Asset Utilization Ratio of 0.85 in Q1 2026, up 39.96% quarter-over-quarter from 0.61 in Q4 2025, and up 69.61% year-over-year from 0.5 in Q1 2025.
NovoCure's Asset Utilization Ratio history runs 12 years deep, the most recent figure standing at 0.85 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 69.61% year-over-year to 0.85; the TTM figure through Mar 2026 stood at 0.85 (up 69.61% YoY), while the FY2025 annual figure 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.
- A 5-year average of 0.5 and a median of 0.47 in 2024 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio slipped 7.71% in 2023 and soared 69.61% in 2026, its largest moves.
- NovoCure's Asset Utilization Ratio stood at 0.45 in 2022, then fell by 2.27% to 0.44 in 2023, then advanced by 10.61% to 0.49 in 2024, then gained by 23.15% to 0.61 in 2025, then surged by 39.96% to 0.85 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.85, 0.61, and 0.49 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 0.39 |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 0.47 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.65 |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 0.74 |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 0.57 |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 0.56 |
| 10 | NovoCure | 1.90 Bn | 1.47 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 |
| Mar 31, 2021 | 0.50 |
| Dec 31, 2020 | 0.67 |
| Sep 30, 2020 | 0.94 |
| Jun 30, 2020 | 0.79 |
| Mar 31, 2020 | 0.77 |
| Dec 31, 2019 | 0.76 |
| Sep 30, 2019 | 0.76 |
| Jun 30, 2019 | 0.76 |
| Mar 31, 2019 | 0.76 |
| Dec 31, 2018 | 0.76 |
| Sep 30, 2018 | 0.74 |
| Jun 30, 2018 | 0.71 |
| Mar 31, 2018 | 0.68 |
| Dec 31, 2017 | 0.67 |
| Sep 30, 2017 | 0.59 |
| Jun 30, 2017 | 0.48 |
| Mar 31, 2017 | 0.38 |
| Dec 31, 2016 | 0.29 |
| Sep 30, 2016 | 0.24 |
| Jun 30, 2016 | 0.20 |
| Mar 31, 2016 | 0.14 |
| Dec 31, 2015 | 0.14 |