Tango Therapeutics TNGX
NASDAQ TNGX
$24.95 +0.53 (+2.17%)
At close: Sep 30, 2026 · 4:00 PM EDT

Tango Therapeutics (TNGX) Asset Utilization Ratio (2021 - 2026)

Updated

Tango Therapeutics' Asset Utilization Ratio was 0.07 in Q2 2026, down 24.9% from 0.09 a year earlier and down 47.8% from the prior quarter.

Analysis

Tango Therapeutics (TNGX) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

For FY2025, Asset Utilization Ratio at Tango Therapeutics came in at 0.17, up 49.1% from FY2024.

  • Asset Utilization Ratio has now increased for three consecutive years.
  • In earlier years, Asset Utilization Ratio was 0.12 in FY2024 (+34.4%), 0.09 in FY2023 (+64.0%), 0.05 in FY2022 (-49.3%) and 0.10 in FY2021.
  • The Q2 2026 figure marks the lowest quarterly Asset Utilization Ratio since Q1 2023.
  • Compared with a year earlier, Asset Utilization Ratio was higher in five of the last eight quarters, with growth averaging 37.1%.
  • The best year-over-year quarter for Asset Utilization Ratio over five years was Q3 2025 (growth of 151.1%); the worst was Q2 2022 (a decline of 79.1%).
  • Per Business Quant data, TNGX's Asset Utilization Ratio in the three quarters before Q2 2026 was 0.14 (Q1 2026), 0.20 (Q4 2025) and 0.30 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Johnson & Johnson 638.12 Bn 556.64 Bn 17.26 Bn 0.49
2 AbbVie 462.60 Bn 435.75 Bn 12.70 Bn 0.47
3 Merck 358.70 Bn 313.13 Bn 12.21 Bn 0.52
4 Novartis Ag 272.16 Bn 228.03 Bn 11.24 Bn 0.44
5 Astrazeneca 250.36 Bn 223.92 Bn 12.86 Bn 0.53
6 Amgen 227.87 Bn 183.27 Bn 7.24 Bn 0.40
7 Gilead Sciences 184.97 Bn 159.08 Bn 6.22 Bn 0.58
8 Pfizer 162.61 Bn 109.56 Bn 10.94 Bn 0.31
9 Vertex Pharmaceuticals 132.45 Bn 104.46 Bn 2.84 Bn 0.47
10 Tango Therapeutics 4.20 Bn 2.31 Bn - 0.07
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.07
Mar 31, 2026 0.14
Dec 31, 2025 0.20
Sep 30, 2025 0.30
Jun 30, 2025 0.09
Mar 31, 2025 0.14
Dec 31, 2024 0.13
Sep 30, 2024 0.12
Jun 30, 2024 0.11
Mar 31, 2024 0.09
Dec 31, 2023 0.09
Sep 30, 2023 0.09
Jun 30, 2023 0.09
Mar 31, 2023 0.06
Dec 31, 2022 0.06
Sep 30, 2022 0.05
Jun 30, 2022 0.05
Mar 31, 2022 0.07
Dec 31, 2021 0.07
Sep 30, 2021 0.11
API Access

Tango Therapeutics 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=TNGX&period=max&api_key=YOUR_API_KEY