What is Veracyte's asset turnover?

Veracyte (VCYT) reported asset turnover of 0.4× in Q1 2026.

How has Veracyte's asset turnover changed year-over-year?

Veracyte's asset turnover increased by 6.9% year-over-year, from 0.4× to 0.4×.

What is the long-term trend for Veracyte's asset turnover?

Over 5 years (2020 to 2025), Veracyte's asset turnover has grown at a 3.6% compound annual growth rate (CAGR), from 0.3× to 0.4×.

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.

Veracyte VCYT Asset turnover

Asset turnover at other companies

Guardant HealthGH

0.7×+0.2×

Natera, Inc.NTRA

1.2×0.0×

Bio-Rad LaboratoriesBIO

0.3×0.0×

RevvityRVTY

0.2×0.0×

Labcorp HoldingsLH

0.8×0.0×

Quest DiagnosticsDGX

0.7×0.0×

Other financials

Income statement

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Revenue$139.1M+21.5%

Gross profit$101.2M+27.2%

Operating income$22.6M+680%

Net income$28.7M+307%

EPS (diluted)$0.35+289%

Balance sheet

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Cash & equivalents$264.8M+41.0%

Total debt$39.3M-22.1%

Total equity$1.3B+12.5%

Total assets$1.4B+9.2%

Cash flow

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Operating cash flow$35.2M+557%

CapEx$3.0M+62.8%

Free cash flow$32.3M+810%

Valuation

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Market cap$4.28B+10.7%

Enterprise value$4.05B+7.4%

P/E48.6×-68.3×

P/S7.9×-0.4×

Profitability

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Gross margin70.9%+2.9pp

Operating margin14.3%+9.2pp

Net margin16.2%+9.1pp

FCF margin28.7%+11.7pp

Returns & leverage

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Return on equity6.9%+4.1pp

Debt / equity0×0.0×

Current ratio9.3×+4.2×

Where this comes from

Calculated from Veracyte’s reported figures.

total revenue/total assets=0.4×

Based on trailing twelve months.

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

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Questions, answered.

What is Veracyte's asset turnover?: Veracyte (VCYT) reported asset turnover of 0.4× in Q1 2026.
How has Veracyte's asset turnover changed year-over-year?: Veracyte's asset turnover increased by 6.9% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Veracyte's asset turnover?: Over 5 years (2020 to 2025), Veracyte's asset turnover has grown at a 3.6% compound annual growth rate (CAGR), from 0.3× to 0.4×.
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.