TransMedics (TMDX) Asset Utilization Ratio (2019 - 2026)
TransMedics (TMDX) posted Asset Utilization Ratio of 0.46 for Q2 2026, down 9.24% on a QoQ basis from 0.51 in Q1 2026, and down 25.01% year-over-year from 0.61 in Q2 2025.
Analysis
TransMedics (TMDX) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
TransMedics has reported Asset Utilization Ratio for 8 years, with the latest figure at 0.46 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio fell 25.01% year-over-year to 0.46 in Q2 2026; TTM through Jun 2026 was 0.46, a 25.01% decrease from a year earlier, with the FY2025 full-year figure at 0.65, up 10.6% from the prior year.
- Asset Utilization Ratio was 0.46 for Q2 2026 at TransMedics, down from 0.51 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.62 in Q3 2025, with the low at 0.28 in Q3 2023.
- Average Asset Utilization Ratio over 5 years is 0.45, with a median of 0.44 recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio jumped 87.28% in 2022, then dropped 25.94% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 0.34 in 2022, then advanced by 2.29% to 0.35 in 2023, then soared by 60.39% to 0.56 in 2024, then grew by 8.22% to 0.6 in 2025, then retreated by 23.29% to 0.46 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.46 (Q2 2026), 0.51 (Q1 2026), and 0.6 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 0.42 |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | 0.54 |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 0.40 |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 0.55 |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 0.47 |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | 0.48 |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 0.34 |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | 0.76 |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 0.56 |
| 10 | TransMedics | 2.98 Bn | 2.51 Bn | 113.20 Mn | 0.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.51 |
| Dec 31, 2025 | 0.60 |
| Sep 30, 2025 | 0.62 |
| Jun 30, 2025 | 0.61 |
| Mar 31, 2025 | 0.59 |
| Dec 31, 2024 | 0.56 |
| Sep 30, 2024 | 0.52 |
| Jun 30, 2024 | 0.48 |
| Mar 31, 2024 | 0.42 |
| Dec 31, 2023 | 0.35 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.31 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.36 |
| Jun 30, 2022 | 0.42 |
| Mar 31, 2022 | 0.30 |
| Dec 31, 2021 | 0.23 |
| Sep 30, 2021 | 0.22 |