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908 Devices MASS Asset turnover

Asset turnover at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
0.4×0.0×
WAT
Waters CorporationWAT
0.3×-0.4×
Agilent Technologies logo
Agilent TechnologiesA
0.6×0.0×
Bruker logo
BrukerBRKR
0.6×-0.1×
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
1.2×0.0×
Danaher logo
DanaherDHR
0.3×0.0×

Other financials

Income statement

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Revenue$13.4M+13.6%
Gross profit$6.9M+24.2%
Operating income-$12.9M-16.9%
Net income-$12.0M-127%
EPS (diluted)-$0.32-126%

Balance sheet

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Cash & equivalents$67.6M-14.7%
Total debt$4.5M+18.6%
Total equity$134.2M-15.8%
Total assets$186.7M-4.8%

Cash flow

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Operating cash flow$1.2M+108%
CapEx$40.0K-74.8%
Free cash flow$1.2M+108%

Valuation

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Market cap$339.57M+29.0%
Enterprise value$276.47M+47.2%
P/S5.9×+0.8×

Profitability

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Gross margin51.5%+1.3pp
Operating margin-76.8%-19.6pp
Net margin-62.4%+323pp
FCF margin-16.7%-7.2pp

Returns & leverage

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Return on equity-24.6%-149pp
Debt / equity0.0×
Current ratio3.6×-4.0×

Where this comes from

Calculated from 908 Devices’s reported figures.

Based on trailing twelve months.

The official record: 908 Devices’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is 908 Devices's asset turnover?
908 Devices (MASS) reported asset turnover of 0.3× in Q1 2026.
How has 908 Devices's asset turnover changed year-over-year?
908 Devices's asset turnover increased by 11.8% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for 908 Devices's asset turnover?
Over 4 years (2021 to 2025), 908 Devices's asset turnover has grown at a 13.8% compound annual growth rate (CAGR), from 0.2× to 0.3×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.