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

Tenon Medical (TNONW) recorded quarterly Asset Utilization Ratio of 0.39 in Q1 2026, up 4.35% quarter-over-quarter from 0.37 in Q4 2025, and up 37.84% on a YoY basis from 0.28 in Q1 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 was 0.39 for Q1 2026 at Tenon Medical, up from 0.37 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.48 in Q2 2024 to a low of 0.03 in Q2 2022.
  • Historically, Asset Utilization Ratio has averaged 0.25 across 5 years, with a median of 0.28 in 2025.
  • The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio jumped 888.35% in 2023, then slumped 49.98% in 2025.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.05 in 2022, then surged by 707.15% to 0.43 in 2023, then tumbled 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.
  • 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 154.42 Bn 147.76 Bn 6.27 Bn 0.46
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 0.54
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 0.39
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 0.47
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 0.47
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.65
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 0.74
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 0.57
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 0.56
10 Tenon Medical - - 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