Nexgel (NXGL) Asset Utilization Ratio (2019 - 2026)
Nexgel's (NXGL) Asset Utilization Ratio was 0.67 for Q2 2026, down 42.5% from 1.16 a year earlier.
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Analysis
Nexgel (NXGL) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Nexgel was 1.07, up 28.4% from FY2024.
- Asset Utilization Ratio has increased for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.83 in FY2024 (+106.1%), 0.40 in FY2023 (+168.7%), 0.15 in FY2022 (-7.1%) and 0.16 in FY2021 (-50.4%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q3 2024.
- Year over year, Asset Utilization Ratio gained in six of the last seven quarters, with growth averaging 68.1%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2025 (growth of 133.2%); the low point was Q1 2022 (a decline of 56.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Iqvia Holdings | 44.26 Bn | 36.10 Bn | 1.44 Bn | 0.57 |
| 2 | Medpace Holdings | 17.42 Bn | 15.48 Bn | 201.64 Mn | 1.33 |
| 3 | Charles River Laboratories International | 14.08 Bn | 13.32 Bn | 363.37 Mn | 0.52 |
| 4 | Icon | 13.02 Bn | 10.12 Bn | 479.29 Mn | 0.50 |
| 5 | Fortrea Holdings | 1.90 Bn | 1.28 Bn | 139.20 Mn | 0.99 |
| 6 | Ginkgo Bioworks Holdings | 817.41 Mn | 55.33 Mn | 18.44 Mn | 0.11 |
| 7 | Evotec SE | 608.00 Mn | -965.22 Mn | - | - |
| 8 | Champions Oncology | 69.59 Mn | 45.24 Mn | 7.70 Mn | 2.01 |
| 9 | MindWalk Holdings | 62.13 Mn | 26.34 Mn | 1.61 Mn | 0.84 |
| 10 | Nexgel | 1.65 Mn | -2.26 Mn | 1.11 Mn | 0.67 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.67 |
| Dec 31, 2025 | 1.03 |
| Sep 30, 2025 | 1.09 |
| Jun 30, 2025 | 1.16 |
| Mar 31, 2025 | 0.95 |
| Dec 31, 2024 | 0.81 |
| Sep 30, 2024 | 0.66 |
| Jun 30, 2024 | 0.50 |
| Mar 31, 2024 | 0.47 |
| Dec 31, 2023 | 0.41 |
| Sep 30, 2023 | 0.35 |
| Jun 30, 2023 | 0.27 |
| Mar 31, 2023 | 0.21 |
| Dec 31, 2022 | 0.19 |
| Sep 30, 2022 | 0.16 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.11 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.25 |
| Jun 30, 2021 | 0.27 |
API Access
Nexgel 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=NXGL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NXGL", "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=NXGL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();