Tenon Medical (TNON) Asset Utilization Ratio (2022 - 2026)
Tenon Medical's (TNON) quarterly Asset Utilization Ratio came in at 0.39 in Q1 2026, up 37.84% year-on-year from 0.28 in Q1 2025, and up 4.35% quarter-over-quarter from 0.37 in Q4 2025.
Tenon Medical (TNON) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Tenon Medical's Asset Utilization Ratio history runs 5 years deep, the most recent figure standing at 0.39 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio rose 37.84% year-over-year to 0.39 in Q1 2026; TTM through Mar 2026 was 0.39, a 37.84% increase from a year earlier, with the FY2025 full-year figure at 0.38, down 5.44% from the prior year.
- Asset Utilization Ratio grew to 0.39 in Q1 2026 per TNON's latest filing, from 0.37 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.48 in Q2 2024 and bottomed at 0.03 in Q2 2022.
- The 5-year median for Asset Utilization Ratio is 0.28 (2025), against an average of 0.25.
- Across the five-year window, Asset Utilization Ratio soared 888.35% in 2023 and slumped 49.98% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 0.05 in 2022, then surged by 707.15% to 0.43 in 2023, then sank by 33.17% to 0.29 in 2024, then soared by 30.36% to 0.37 in 2025, then grew by 4.35% to 0.39 in 2026.
- Per Business Quant, the three latest TNON Asset Utilization Ratio figures stand at 0.39 (Q1 2026), 0.37 (Q4 2025), and 0.3 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.54 Bn | 176.24 Bn | 6.27 Bn | 0.46 |
| 2 | Stryker | 129.03 Bn | 126.15 Bn | 3.81 Bn | 0.54 |
| 3 | Medtronic | 108.43 Bn | 99.21 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 68.74 Bn | 67.28 Bn | 3.61 Bn | 0.47 |
| 5 | Edwards Lifesciences | 48.34 Bn | 44.67 Bn | 1.29 Bn | 0.47 |
| 6 | Dexcom | 28.35 Bn | 27.24 Bn | 750.30 Mn | 0.74 |
| 7 | GE HealthCare Technologies | 28.07 Bn | 25.78 Bn | 1.98 Bn | 0.57 |
| 8 | Smith & Nephew | 26.89 Bn | 26.31 Bn | - | - |
| 9 | Koninklijke Philips | 24.06 Bn | 20.93 Bn | 2.07 Bn | 0.65 |
| 10 | Tenon Medical | 2,077.82 | -4.60 Mn | 945,000.00 | 0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.39 |
| Dec 31, 2025 | 0.37 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.24 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.35 |
| Jun 30, 2024 | 0.48 |
| Mar 31, 2024 | 0.45 |
| Dec 31, 2023 | 0.43 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.19 |
| Mar 31, 2023 | 0.11 |
| Dec 31, 2022 | 0.05 |
| Sep 30, 2022 | 0.03 |
| Jun 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.03 |