Fulgent Genetics (FLGT) Invested Capital (2020 - 2026)
Fulgent Genetics (FLGT) posted Invested Capital of $1 billion for Q2 2026, down 9.9% from $1.11 billion a year earlier and down 4.1% from the prior quarter.
Fulgent Genetics (FLGT) Invested Capital (2020 - 2026) Analysis & Trends
For FY2025, Fulgent Genetics' Invested Capital came in at $1.11 billion, down 1.6% from FY2024.
- Annual Invested Capital has declined for three consecutive years, though with a five-year compound annual growth rate of 13.8% (FY2020 to FY2025).
- In prior years, Fulgent Genetics' Invested Capital was $1.13 billion in FY2024 (-0.5%), $1.14 billion in FY2023 (-12.1%), $1.29 billion in FY2022 (+9.0%) and $1.19 billion in FY2021 (+103.1%).
- The Q2 2026 figure stands as the lowest quarterly Invested Capital since Q2 2021.
- On a year-over-year basis, Invested Capital has declined in each of the last 14 quarters, with an average decline of 4.0% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q4 2021, with growth of 103.1%; the weakest was Q1 2024, with a decline of 12.4%.
- According to Business Quant data, Invested Capital for the three prior quarters was $1.05 billion (Q1 2026), $1.11 billion (Q4 2025) and $1.13 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 102.67 Bn | 98.68 Bn | - | 43.08 Bn |
| 2 | Natera | 57.42 Bn | 53.11 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Quest Diagnostics | 27.06 Bn | 25.19 Bn | 1.03 Bn | 13.46 Bn |
| 4 | Labcorp Holdings | 26.94 Bn | 24.68 Bn | 1.11 Bn | 14.47 Bn |
| 5 | Tenet Healthcare | 22.62 Bn | 11.62 Bn | - | 19.81 Bn |
| 6 | Guardant Health | 21.58 Bn | 17.64 Bn | 219.03 Mn | - |
| 7 | Fresenius Medical Care AG | 12.91 Bn | 4.86 Bn | 1.52 Bn | 556.95 Bn |
| 8 | BrightSpring Health Services | 12.52 Bn | 10.85 Bn | 492.75 Mn | 4.24 Bn |
| 9 | Encompass Health | 12.42 Bn | 12.08 Bn | - | 6.04 Bn |
| 10 | Fulgent Genetics | 557.86 Mn | -687.35 Mn | 25.68 Mn | 1.00 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00 Bn |
| Mar 31, 2026 | 1.05 Bn |
| Dec 31, 2025 | 1.11 Bn |
| Sep 30, 2025 | 1.13 Bn |
| Jun 30, 2025 | 1.11 Bn |
| Mar 31, 2025 | 1.13 Bn |
| Dec 31, 2024 | 1.13 Bn |
| Sep 30, 2024 | 1.14 Bn |
| Jun 30, 2024 | 1.13 Bn |
| Mar 31, 2024 | 1.13 Bn |
| Dec 31, 2023 | 1.14 Bn |
| Sep 30, 2023 | 1.27 Bn |
| Jun 30, 2023 | 1.28 Bn |
| Mar 31, 2023 | 1.30 Bn |
| Dec 31, 2022 | 1.29 Bn |
| Sep 30, 2022 | 1.31 Bn |
| Jun 30, 2022 | 1.34 Bn |
| Mar 31, 2022 | 1.34 Bn |
| Dec 31, 2021 | 1.19 Bn |
| Sep 30, 2021 | 1.07 Bn |
Fulgent Genetics Invested Capital 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=invested-capital&ticker=FLGT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=FLGT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();