QHSLab (USAQ) Asset Utilization Ratio (2021 - 2025)
QHSLab's Asset Utilization Ratio came in at 1.38 for Q4 2025, up 15.2% from 1.20 a year earlier but down 9.2% from the prior quarter.
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Analysis
QHSLab (USAQ) Asset Utilization Ratio (2021 - 2025) Analysis & Trends
For FY2025, QHSLab's Asset Utilization Ratio was 1.36, up 10.7% from FY2024.
- Asset Utilization Ratio has increased in each of the last three years.
- Going back by year, Asset Utilization Ratio was 1.22 in FY2024 (+58.2%), 0.77 in FY2023 (+29.8%), 0.60 in FY2022 (-47.1%) and 1.13 in FY2021 (+46.9%).
- The five-year range for quarterly Asset Utilization Ratio is 0.49 (Q3 2021) to 1.52 (Q3 2025).
- Year-over-year, Asset Utilization Ratio has increased for 11 consecutive quarters, with growth averaging 39.3% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in Q2 2025 (growth of 52.4%), and the weakest in Q1 2022 (a decline of 41.2%).
- Business Quant data shows USAQ's Asset Utilization Ratio at 1.52 (Q3 2025), 1.43 (Q2 2025) and 1.32 (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 51.55 Bn | 23.79 Bn | 695.95 Mn | 0.38 |
| 3 | Samsara | 24.79 Bn | 21.56 Bn | 392.58 Mn | 0.69 |
| 4 | Ptc | 22.17 Bn | 20.99 Bn | 490.47 Mn | 0.45 |
| 5 | Toast | 18.88 Bn | 11.55 Bn | 516.00 Mn | 2.17 |
| 6 | Trimble | 14.47 Bn | 13.54 Bn | 674.90 Mn | 0.43 |
| 7 | Manhattan Associates | 13.68 Bn | 12.67 Bn | 168.33 Mn | 1.57 |
| 8 | Costar | 13.35 Bn | 7.30 Bn | 728.00 Mn | 0.35 |
| 9 | Bentley Systems | 11.88 Bn | 11.34 Bn | 336.74 Mn | 0.45 |
| 10 | QHSLab | 3.50 Mn | 2.48 Mn | 488,259.00 | 1.38 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.38 |
| Sep 30, 2025 | 1.52 |
| Jun 30, 2025 | 1.43 |
| Mar 31, 2025 | 1.32 |
| Dec 31, 2024 | 1.20 |
| Sep 30, 2024 | 1.05 |
| Jun 30, 2024 | 0.94 |
| Mar 31, 2024 | 0.91 |
| Dec 31, 2023 | 0.82 |
| Sep 30, 2023 | 0.76 |
| Jun 30, 2023 | 0.70 |
| Mar 31, 2023 | 0.65 |
| Dec 31, 2022 | 0.61 |
| Sep 30, 2022 | 0.62 |
| Jun 30, 2022 | 0.65 |
| Mar 31, 2022 | 0.67 |
| Dec 31, 2021 | 0.61 |
| Sep 30, 2021 | 0.49 |
| Jun 30, 2021 | 0.68 |
| Mar 31, 2021 | 1.14 |
API Access
QHSLab Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=USAQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "USAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=USAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();