Tenon Medical (TNONW) Asset Utilization Ratio (2022 - 2026)
Tenon Medical (TNONW) posted quarterly Asset Utilization Ratio of 0.39 for Q1 2026, up 37.84% year-over-year from 0.28 in Q1 2025, and up 4.35% quarter-over-quarter from 0.37 in Q4 2025.
Tenon Medical (TNONW) 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.
- In Q1 2026, Asset Utilization Ratio rose 37.84% year-over-year to 0.39; the TTM figure through Mar 2026 stood at 0.39 (up 37.84% YoY), while the FY2025 annual figure 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.
- The 5-year median for Asset Utilization Ratio is 0.28 (2025), against an average of 0.25.
- The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio soared 888.35% in 2023, then sank 49.98% in 2025.
- Tenon Medical's Asset Utilization Ratio stood at 0.05 in 2022, then jumped by 707.15% to 0.43 in 2023, then slumped by 33.17% to 0.29 in 2024, then surged by 30.36% to 0.37 in 2025, then climbed by 4.35% to 0.39 in 2026.
- Business Quant data shows TNONW's Asset Utilization Ratio at 0.39 in Q1 2026, 0.37 in Q4 2025, and 0.3 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 202.72 Bn | 197.12 Bn | 7.27 Bn | 0.42 |
| 2 | Stryker | 126.42 Bn | 122.94 Bn | 4.50 Bn | 0.55 |
| 3 | Medtronic | 119.75 Bn | 110.53 Bn | 6.41 Bn | 0.39 |
| 4 | Boston Scientific | 74.13 Bn | 73.60 Bn | 3.85 Bn | 0.47 |
| 5 | Edwards Lifesciences | 51.78 Bn | 47.53 Bn | 1.35 Bn | 0.48 |
| 6 | Dexcom | 35.29 Bn | 33.34 Bn | 830.00 Mn | 0.76 |
| 7 | GE HealthCare Technologies | 33.95 Bn | 31.85 Bn | 2.18 Bn | 0.57 |
| 8 | Koninklijke Philips | 26.22 Bn | 22.90 Bn | 4.55 Bn | 0.80 |
| 9 | Steris | 23.21 Bn | 22.73 Bn | 684.20 Mn | 0.56 |
| 10 | Tenon Medical | 2,984.80 | -1.67 Mn | 814,000.00 | 0.47 |
Historic Data
Download 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 |