Tango Therapeutics (TNGX) Asset Utilization Ratio (2021 - 2026)
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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "TNGX", "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=TNGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();