Penumbra (PEN) Asset Utilization Ratio (2015 - 2026)
Penumbra's (PEN) Asset Utilization Ratio was 0.78 for Q3 2026, unchanged from 0.78 a year earlier and up 0.4% 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%).
- Five-year quarterly Asset Utilization Ratio spans a low of 0.61 in Q2 2022 and a high of 0.79 in Q1 2025.
- Year over year, Asset Utilization Ratio gained in four of the last eight quarters, with growth averaging 4.0%.
- 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 Q3 2026 came in at 0.78 (Q2 2026), 0.78 (Q1 2026) and 0.79 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 0.42 |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 0.44 |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 0.28 |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | 0.58 |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 0.55 |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 0.46 |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 0.48 |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 0.77 |
| 10 | Penumbra | 12.67 Bn | 10.17 Bn | 280.30 Mn | 0.78 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.78 |
| 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 |
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();