Fulgent Genetics (FLGT) Debt Ratio (2020 - 2026)

Fulgent Genetics' (FLGT) quarterly Debt Ratio came in at 0.03 in Q1 2026, up 12.86% year-on-year from 0.02 in Q1 2025, and up 11.89% quarter-over-quarter from 0.02 in Q4 2025.

Fulgent Genetics (FLGT) Debt Ratio (2020 - 2026) Analysis & Trends

Fulgent Genetics has disclosed Debt Ratio across 7 years of filings, most recently posting 0.03 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.03, up 12.86% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.03 (up 12.86% YoY), and the FY2025 annual result was 0.02, up 0.53% from the prior year.
  • Debt Ratio came in at 0.03 for Q1 2026 at Fulgent Genetics, up from 0.02 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.15 in Q4 2022 to a low of 0.01 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.02 (2024), against an average of 0.03.
  • Across the five-year window, Debt Ratio jumped 1856.79% in 2022 and slumped 86.42% in 2023, its largest moves.
  • Fulgent Genetics' Debt Ratio stood at 0.15 in 2022, then plunged by 86.42% to 0.02 in 2023, then grew by 18.77% to 0.02 in 2024, then advanced by 0.53% to 0.02 in 2025, then rose by 11.89% to 0.03 in 2026.
  • The last three Debt Ratio figures came in at 0.03 (Q1 2026), 0.02 (Q4 2025), and 0.03 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 0.20
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 0.38
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 0.22
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 0.25
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 0.02
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 0.53
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 0.01
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 0.23
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 0.61
10 Fulgent Genetics 574.08 Mn 292.12 Mn 21.49 Mn 0.03

Historic Data

Download Data
DateValue
Mar 31, 2026 0.03
Dec 31, 2025 0.02
Sep 30, 2025 0.03
Jun 30, 2025 0.02
Mar 31, 2025 0.02
Dec 31, 2024 0.02
Sep 30, 2024 0.02
Jun 30, 2024 0.02
Mar 31, 2024 0.02
Dec 31, 2023 0.02
Sep 30, 2023 0.01
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 0.15
Sep 30, 2022 0.01
Jun 30, 2022 0.02
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Sep 30, 2021 0.02
Jun 30, 2021 0.01