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
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