Growth Metrics

Tenon Medical (TNON) Asset Utilization Ratio (2022 - 2026)

Tenon Medical's 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 has reported Asset Utilization Ratio for 5 years, with the latest figure at 0.39 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 37.84% year-over-year to 0.39; the trailing twelve-month figure through Mar 2026 stood at 0.39 (up 37.84% YoY), and the FY2025 full-year result was 0.38, down 5.44% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.39, up from 0.37 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 0.25, with a median of 0.28 recorded in 2025.
  • Year-over-year, Asset Utilization Ratio soared 888.35% in 2023 and slumped 49.98% in 2025.
  • Tracing TNON's Asset Utilization Ratio over 5 years: 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 increased by 4.35% to 0.39 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.39 (Q1 2026), 0.37 (Q4 2025), and 0.3 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn 0.46
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn 0.54
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn 0.39
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn 0.47
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn 0.47
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.65
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn 0.74
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn 0.57
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn 0.56
10 Tenon Medical 7,436.88 -4.60 Mn 945,000.00 0.39

Historic Data

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DateValue
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