Growth Metrics

GeneDx Holdings (WGS) Asset Utilization Ratio (2021 - 2025)

GeneDx Holdings (WGS) has disclosed Asset Utilization Ratio for 4 consecutive years, with 0.62 as the latest value for Q2 2024.

  • On a quarterly basis, Asset Utilization Ratio rose 34.36% to 0.62 in Q2 2024 year-over-year; TTM through Jun 2024 was 0.62, a 34.36% increase, with the full-year FY2025 number at 0.91, up 24.39% from a year prior.
  • Asset Utilization Ratio was 0.62 for Q2 2024 at GeneDx Holdings, up from 0.55 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.65 in Q2 2021 to a low of 0.26 in Q3 2022.
  • A 4-year average of 0.44 and a median of 0.45 in 2021 define the central range for Asset Utilization Ratio.
  • Peak YoY movement for Asset Utilization Ratio: tumbled 59.2% in 2022, then skyrocketed 76.17% in 2023.
  • GeneDx Holdings' Asset Utilization Ratio stood at 0.28 in 2021, then rose by 25.14% to 0.36 in 2022, then soared by 36.26% to 0.48 in 2023, then grew by 28.33% to 0.62 in 2024.
  • Per Business Quant, the three most recent readings for WGS's Asset Utilization Ratio are 0.62 (Q2 2024), 0.55 (Q1 2024), and 0.48 (Q4 2023).