TELA Bio (TELA) Asset Utilization Ratio (2019 - 2026)
TELA Bio (TELA) recorded quarterly Asset Utilization Ratio of 1.07 in Q1 2026, down 4.85% quarter-over-quarter from 1.12 in Q4 2025, and up 22.86% on a YoY basis from 0.87 in Q1 2025.
TELA Bio (TELA) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
TELA Bio's Asset Utilization Ratio history runs 8 years deep, the most recent figure standing at 1.07 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 22.86% year-over-year to 1.07; the TTM figure through Mar 2026 stood at 1.07 (up 22.86% YoY), while the FY2025 annual figure was 0.96, up 13.51% from the prior year.
- Asset Utilization Ratio was 1.07 for Q1 2026 at TELA Bio, down from 1.12 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.21 in Q3 2024 to a low of 0.54 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.84 across 5 years, with a median of 0.84 in 2024.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio soared 118.36% in 2022, then declined 1.58% in 2025.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.56 in 2022, then increased by 25.81% to 0.71 in 2023, then surged by 40.45% to 0.99 in 2024, then grew by 13.07% to 1.12 in 2025, then declined by 4.85% to 1.07 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.07 (Q1 2026), 1.12 (Q4 2025), and 1.19 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 0.39 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 0.47 |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.65 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 0.74 |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 0.57 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 0.56 |
| 10 | TELA Bio | 48.23 Mn | 8.69 Mn | 12.52 Mn | 1.07 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.07 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 1.19 |
| Jun 30, 2025 | 1.04 |
| Mar 31, 2025 | 0.87 |
| Dec 31, 2024 | 0.99 |
| Sep 30, 2024 | 1.21 |
| Jun 30, 2024 | 0.98 |
| Mar 31, 2024 | 0.84 |
| Dec 31, 2023 | 0.71 |
| Sep 30, 2023 | 0.58 |
| Jun 30, 2023 | 0.64 |
| Mar 31, 2023 | 0.71 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.54 |
| Dec 31, 2021 | 0.45 |
| Sep 30, 2021 | 0.38 |
| Jun 30, 2021 | 0.32 |