Quanterix (QTRX) Asset Utilization Ratio (2018 - 2026)
Quanterix's Asset Utilization Ratio came in at 0.45 for Q2 2026, up 37.2% from 0.33 a year earlier and up 21.1% from the prior quarter.
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Analysis
Quanterix (QTRX) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For FY2025, Quanterix's Asset Utilization Ratio was 0.34, up 2.3% from FY2024.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 0.33 in FY2024 (+15.9%), 0.28 in FY2023 (+25.8%), 0.23 in FY2022 (-21.1%) and 0.29 in FY2021 (-26.9%).
- The Q2 2026 figure represents the highest quarterly Asset Utilization Ratio since Q2 2019.
- Year-over-year, Asset Utilization Ratio increased in six of the last eight quarters, with growth averaging 11.8%.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2026 (growth of 37.2%), and the weakest in Q4 2021 (a decline of 32.3%).
- Business Quant data shows QTRX's Asset Utilization Ratio at 0.37 (Q1 2026), 0.32 (Q4 2025) and 0.32 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 251.30 Bn | 230.45 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 174.70 Bn | 145.78 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 158.94 Bn | 142.76 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 145.87 Bn | 125.42 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 111.49 Bn | 77.36 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 106.96 Bn | 93.08 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 63.62 Bn | 58.63 Bn | 3.85 Bn | 0.47 |
| 8 | Edwards Lifesciences | 50.80 Bn | 34.92 Bn | 1.35 Bn | 0.48 |
| 9 | Becton Dickinson | 49.59 Bn | 46.74 Bn | 2.32 Bn | 0.46 |
| 10 | Quanterix | 172.99 Mn | -272.85 Mn | 12.67 Mn | 0.45 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.45 |
| Mar 31, 2026 | 0.37 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.32 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.34 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.32 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.30 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.27 |
| Jun 30, 2023 | 0.26 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.24 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.22 |
| Dec 31, 2021 | 0.22 |
| Sep 30, 2021 | 0.20 |
API Access
Quanterix 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=QTRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "QTRX", "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=QTRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();