Fulgent Genetics (FLGT) Debt Ratio (2020 - 2026)
Fulgent Genetics' Debt Ratio was 0.00 in Q2 2026, down 11.4% from 0.00 a year earlier but up 6.2% from the prior quarter.
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Analysis
Fulgent Genetics (FLGT) Debt Ratio (2020 - 2026) Analysis & Trends
From Q4 2020 onward, Fulgent Genetics has reported Debt Ratio for 23 quarters.
- Debt Ratio has now declined for three consecutive years.
- In earlier years, Debt Ratio was 0.00 in FY2024 (-29.1%), 0.00 in FY2023 (-80.6%), 0.02 in FY2022 (+4.1%) and 0.02 in FY2021 (-22.4%).
- Quarterly Debt Ratio has moved between 0.00 (Q1 2026) and 0.02 (Q3 2021) over five years.
- Compared with a year earlier, Debt Ratio has declined for seven straight quarters, with an average decline of 13.1% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q3 2024 (growth of 10.7%); the worst was Q3 2023 (a decline of 85.4%).
- Per Business Quant data, FLGT's Debt Ratio in the three quarters before Q2 2026 was 0.00 (Q1 2026), 0.00 (Q4 2025) and 0.00 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 101.22 Bn | 97.23 Bn | - | 0.79 |
| 2 | Natera | 59.29 Bn | 54.98 Bn | 485.19 Mn | 0.03 |
| 3 | Quest Diagnostics | 26.56 Bn | 24.69 Bn | 1.03 Bn | 0.33 |
| 4 | Labcorp Holdings | 26.41 Bn | 24.16 Bn | 1.11 Bn | 0.32 |
| 5 | Tenet Healthcare | 22.49 Bn | 11.49 Bn | - | 0.43 |
| 6 | Guardant Health | 22.12 Bn | 18.19 Bn | 219.03 Mn | - |
| 7 | BrightSpring Health Services | 12.91 Bn | 11.24 Bn | 492.75 Mn | 0.37 |
| 8 | Fresenius Medical Care AG | 12.56 Bn | 4.51 Bn | 1.52 Bn | 15.15 |
| 9 | Tempus AI | 12.17 Bn | 9.20 Bn | 246.50 Mn | - |
| 10 | Fulgent Genetics | 563.24 Mn | -681.98 Mn | 25.68 Mn | 0.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.00 |
| Mar 31, 2026 | 0.00 |
| Dec 31, 2025 | 0.00 |
| Sep 30, 2025 | 0.00 |
| Jun 30, 2025 | 0.00 |
| Mar 31, 2025 | 0.00 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | 0.00 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 0.01 |
| Jun 30, 2023 | 0.01 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.02 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
| Sep 30, 2021 | 0.02 |
API Access
Fulgent Genetics Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FLGT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FLGT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FLGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();