Tandem Diabetes Care (TNDM) Asset Utilization Ratio (2014 - 2026)
Tandem Diabetes Care's (TNDM) Asset Utilization Ratio was 0.90 for Q2 2026, down 19.0% from 1.11 a year earlier and down 10.6% from the prior quarter.
Analysis
Tandem Diabetes Care (TNDM) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
For FY2025, Asset Utilization Ratio at Tandem Diabetes Care was 1.10, up 12.1% from FY2024.
- By year, Asset Utilization Ratio came in at 0.98 in FY2024 (+31.3%), 0.75 in FY2023 (-8.9%), 0.82 in FY2022 (-5.6%) and 0.87 in FY2021 (-9.4%).
- The Q2 2026 figure ranks as the lowest quarterly Asset Utilization Ratio since Q3 2024.
- Year over year, Asset Utilization Ratio gained in six of the last eight quarters, with growth averaging 14.7%.
- The high point for year-over-year Asset Utilization Ratio in five years was Q2 2025 (growth of 31.5%); the low point was Q2 2026 (a decline of 19.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.01 (Q1 2026), 1.16 (Q4 2025) and 1.15 (Q3 2025).
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 | Tandem Diabetes Care | 1.15 Bn | -485.75 Mn | 144.78 Mn | 0.90 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.90 |
| Mar 31, 2026 | 1.01 |
| Dec 31, 2025 | 1.16 |
| Sep 30, 2025 | 1.15 |
| Jun 30, 2025 | 1.11 |
| Mar 31, 2025 | 1.04 |
| Dec 31, 2024 | 0.98 |
| Sep 30, 2024 | 0.90 |
| Jun 30, 2024 | 0.85 |
| Mar 31, 2024 | 0.81 |
| Dec 31, 2023 | 0.79 |
| Sep 30, 2023 | 0.82 |
| Jun 30, 2023 | 0.83 |
| Mar 31, 2023 | 0.79 |
| Dec 31, 2022 | 0.76 |
| Sep 30, 2022 | 0.76 |
| Jun 30, 2022 | 0.75 |
| Mar 31, 2022 | 0.77 |
| Dec 31, 2021 | 0.80 |
| Sep 30, 2021 | 0.80 |
API Access
Tandem Diabetes Care 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=TNDM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TNDM", "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=TNDM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();