Tenon Medical TNON
NASDAQ TNON
$2.44 -0.92 (-27.38%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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