Tenon Medical (TNON) Asset Utilization Ratio (2022 - 2026)
Tenon Medical (TNON) posted Asset Utilization Ratio of 0.47 for Q2 2026, up 19.81% on a QoQ basis from 0.39 in Q1 2026, and up 94.09% year-over-year from 0.24 in Q2 2025.
Analysis
Tenon Medical (TNON) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Tenon Medical has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.47 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 94.09% year-over-year to 0.47 in Q2 2026; TTM through Jun 2026 was 0.47, a 94.09% increase from a year earlier, with the FY2025 full-year figure at 0.38, down 5.44% from the prior year.
- Asset Utilization Ratio was 0.47 for Q2 2026 at Tenon Medical, up from 0.39 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.48 in Q2 2024, with the low at 0.03 in Q2 2022.
- Average Asset Utilization Ratio over 5 years is 0.26, with a median of 0.28 recorded in 2024.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio surged 888.35% in 2023, then sank 49.98% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.05 in 2022, then soared by 707.15% to 0.43 in 2023, then slumped by 33.17% to 0.29 in 2024, then jumped by 30.36% to 0.37 in 2025, then grew by 25.02% to 0.47 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.47 (Q2 2026), 0.39 (Q1 2026), and 0.37 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 187.42 Bn | 182.47 Bn | 7.27 Bn | 0.42 |
| 2 | Intuitive Surgical | 129.78 Bn | 124.69 Bn | 1.96 Bn | 0.54 |
| 3 | Medtronic | 120.53 Bn | 112.33 Bn | 6.34 Bn | 0.40 |
| 4 | Stryker | 116.28 Bn | 112.80 Bn | 4.50 Bn | 0.55 |
| 5 | Boston Scientific | 69.29 Bn | 68.99 Bn | 3.85 Bn | 0.47 |
| 6 | Edwards Lifesciences | 51.83 Bn | 47.68 Bn | 1.35 Bn | 0.48 |
| 7 | Alcon | 34.36 Bn | 32.91 Bn | 1.68 Bn | 0.34 |
| 8 | Dexcom | 33.17 Bn | 31.23 Bn | 830.00 Mn | 0.76 |
| 9 | Steris | 21.90 Bn | 21.43 Bn | 684.20 Mn | 0.56 |
| 10 | Tenon Medical | 1.22 Mn | -456,839.99 | 814,000.00 | 0.47 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.47 |
| 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 |