Penumbra (PEN) Asset Utilization Ratio (2015 - 2026)
Penumbra's (PEN) Asset Utilization Ratio was 0.78 for Q2 2026, down 0.8% from 0.78 a year earlier and down 0.5% from the prior quarter.
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Analysis
Penumbra (PEN) Asset Utilization Ratio (2015 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Penumbra was 0.84, up 8.0% from FY2024.
- Asset Utilization Ratio has increased for three consecutive years.
- By year, Asset Utilization Ratio came in at 0.77 in FY2024 (+6.9%), 0.72 in FY2023 (+11.6%), 0.65 in FY2022 (-10.4%) and 0.72 in FY2021 (-3.9%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q3 2024.
- Year over year, Asset Utilization Ratio has now declined in each of the last three quarters, with growth averaging 5.6% over the last eight quarters.
- The high point for year-over-year Asset Utilization Ratio in five years was Q1 2025 (growth of 13.5%); the low point was Q1 2022 (a decline of 13.7%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.78 (Q1 2026), 0.79 (Q4 2025) and 0.78 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 252.57 Bn | 231.60 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 176.08 Bn | 146.51 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 163.92 Bn | 147.72 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 155.68 Bn | 135.10 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 121.40 Bn | 86.65 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 117.11 Bn | 103.23 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 66.70 Bn | 61.47 Bn | 3.85 Bn | 0.47 |
| 8 | Becton Dickinson | 54.26 Bn | 51.41 Bn | 2.32 Bn | 0.46 |
| 9 | Edwards Lifesciences | 51.46 Bn | 35.46 Bn | 1.35 Bn | 0.48 |
| 10 | Penumbra | 12.77 Bn | 10.48 Bn | 264.94 Mn | 0.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.78 |
| Mar 31, 2026 | 0.78 |
| Dec 31, 2025 | 0.79 |
| Sep 30, 2025 | 0.78 |
| Jun 30, 2025 | 0.78 |
| Mar 31, 2025 | 0.79 |
| Dec 31, 2024 | 0.79 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 0.73 |
| Mar 31, 2024 | 0.70 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.64 |
| Dec 31, 2022 | 0.63 |
| Sep 30, 2022 | 0.63 |
| Jun 30, 2022 | 0.61 |
| Mar 31, 2022 | 0.61 |
| Dec 31, 2021 | 0.67 |
| Mar 31, 2021 | 0.71 |
API Access
Penumbra 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=PEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PEN", "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=PEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();