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Guardant Health GH Asset turnover

Asset turnover at other companies

Illumina logo
IlluminaILMN
0.7×+0.2×
Natera, Inc. logo
Natera, Inc.NTRA
1.2×0.0×
Quest Diagnostics logo
Quest DiagnosticsDGX
0.7×0.0×
Agilent Technologies logo
Agilent TechnologiesA
0.6×0.0×
Labcorp Holdings logo
Labcorp HoldingsLH
0.8×0.0×
Abbott logo
AbbottABT
0.5×-0.1×

Other financials

Income statement

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Revenue$301.7M+48.3%
Gross profit$196.7M+52.8%
Operating income-$121.4M-9.3%
Net income-$112.1M-17.8%
EPS (diluted)-$0.85-10.4%

Balance sheet

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Cash & equivalents$1.1B+37.0%
Total debt$1.7B+30.5%
Total equity-$181.1M+27.8%
Total assets$1.9B+42.5%

Cash flow

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Operating cash flow-$65.6M-4.7%
CapEx$5.6M+25.1%
Free cash flow-$71.2M-6.0%

Valuation

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Market cap$17.12B+130%
Enterprise value$17.72B+121%
P/S15.9×+6.3×

Profitability

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Gross margin64.9%+3.6pp
Operating margin-41.4%-9.4pp
Net margin-40.1%-8.1pp

Returns & leverage

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Return on equity-438.1%-1,655pp
Debt / equity
Current ratio4.7×+0.6×

Where this comes from

Calculated from Guardant Health’s reported figures.

Based on trailing twelve months.

The official record: Guardant Health’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Guardant Health's asset turnover?
Guardant Health (GH) reported asset turnover of 0.7× in Q1 2026.
How has Guardant Health's asset turnover changed year-over-year?
Guardant Health's asset turnover increased by 30.5% year-over-year, from 0.5× to 0.7×.
What is the long-term trend for Guardant Health's asset turnover?
Over 4 years (2021 to 2025), Guardant Health's asset turnover has grown at a 33.0% compound annual growth rate (CAGR), from 0.7× to 2.3×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.