Tarsus Pharmaceuticals (TARS) Asset Utilization Ratio (2021 - 2026)
Tarsus Pharmaceuticals' (TARS) quarterly Asset Utilization Ratio came in at 0.94 in Q1 2026, up 75.8% year-on-year from 0.53 in Q1 2025, and up 13.72% quarter-over-quarter from 0.82 in Q4 2025.
Tarsus Pharmaceuticals (TARS) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Tarsus Pharmaceuticals' Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.94 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 75.8% year-over-year to 0.94 in Q1 2026; TTM through Mar 2026 was 0.94, a 75.8% increase from a year earlier, with the FY2025 full-year figure at 0.96, up 68.78% from the prior year.
- Asset Utilization Ratio rose to 0.94 in Q1 2026 per TARS's latest filing, from 0.82 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.94 in Q1 2026 and bottomed at 0.06 in Q2 2023.
- The 5-year median for Asset Utilization Ratio is 0.14 (2024), against an average of 0.32.
- Across the five-year window, Asset Utilization Ratio sank 77.06% in 2022 and jumped 643.11% in 2024, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.11 in 2022, then sank by 41.22% to 0.07 in 2023, then soared by 643.11% to 0.49 in 2024, then soared by 69.45% to 0.82 in 2025, then increased by 13.72% to 0.94 in 2026.
- Per Business Quant, the three latest TARS Asset Utilization Ratio figures stand at 0.94 (Q1 2026), 0.82 (Q4 2025), and 0.71 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 68,785.72 Bn | 68,785.72 Bn | - | - |
| 2 | Nanobiotix | 1,895.57 Bn | 1,895.51 Bn | - | - |
| 3 | BeOne Medicines | 471.35 Bn | 466.56 Bn | 1.35 Bn | 0.69 |
| 4 | NuCana | 279.75 Bn | 279.75 Bn | - | - |
| 5 | Vertex Pharmaceuticals | 120.24 Bn | 113.00 Bn | 2.59 Bn | 0.47 |
| 6 | Regeneron Pharmaceuticals | 67.80 Bn | 59.04 Bn | 3.31 Bn | 0.37 |
| 7 | Belite Bio | 62.51 Bn | 62.51 Bn | - | - |
| 8 | Argenx Se | 57.38 Bn | 57.38 Bn | 1.41 Bn | - |
| 9 | Revolution Medicines | 37.78 Bn | 37.78 Bn | - | - |
| 10 | Tarsus Pharmaceuticals | 2.52 Bn | 2.41 Bn | 152.66 Mn | 0.94 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.94 |
| Dec 31, 2025 | 0.82 |
| Sep 30, 2025 | 0.71 |
| Jun 30, 2025 | 0.59 |
| Mar 31, 2025 | 0.53 |
| Dec 31, 2024 | 0.49 |
| Sep 30, 2024 | 0.34 |
| Jun 30, 2024 | 0.23 |
| Mar 31, 2024 | 0.14 |
| Dec 31, 2023 | 0.07 |
| Sep 30, 2023 | 0.06 |
| Jun 30, 2023 | 0.06 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.11 |
| Sep 30, 2022 | 0.07 |
| Jun 30, 2022 | 0.08 |
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.29 |
| Jun 30, 2021 | 0.28 |