Bio-Techne (TECH) Asset Utilization Ratio (2010 - 2026)
Bio-Techne's Asset Utilization Ratio came in at 0.47 for fiscal Q4 2026 (quarter ended Jun 30, 2026), up 0.9% from 0.47 a year earlier but down 0.9% from the prior quarter.
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Analysis
Bio-Techne (TECH) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Going back to fiscal Q1 2011, Bio-Techne's Asset Utilization Ratio data covers 64 quarters.
- Going back by fiscal year, Asset Utilization Ratio was 0.46 in FY2025 (+6.8%), 0.43 in FY2024 (-5.8%), 0.46 in FY2023 (-5.0%) and 0.49 in FY2022 (+11.8%).
- The five-year range for quarterly Asset Utilization Ratio is 0.42 (fiscal Q2 2024) to 0.48 (fiscal Q2 2026).
- Year-over-year, Asset Utilization Ratio has increased for eight consecutive quarters, with growth averaging 6.3% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q1 2022 (growth of 16.7%), and the weakest in fiscal Q2 2024 (a decline of 12.1%).
- Business Quant data shows TECH's Asset Utilization Ratio at 0.48 (Q3 2026), 0.48 (Q2 2026) and 0.48 (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 0.41 |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 0.42 |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 0.54 |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 0.40 |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | 0.55 |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 0.47 |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 0.46 |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 0.48 |
| 10 | Bio-Techne | 11.32 Bn | 10.53 Bn | 211.39 Mn | 0.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47 |
| Mar 31, 2026 | 0.48 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.44 |
| Sep 30, 2024 | 0.43 |
| Jun 30, 2024 | 0.43 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.42 |
| Sep 30, 2023 | 0.42 |
| Jun 30, 2023 | 0.43 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.48 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.48 |
| Mar 31, 2022 | 0.47 |
| Dec 31, 2021 | 0.45 |
| Sep 30, 2021 | 0.43 |
API Access
Bio-Techne 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=TECH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TECH", "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=TECH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();