Exagen (XGN) Asset Utilization Ratio (2019 - 2026)

Exagen's (XGN) quarterly Asset Utilization Ratio came in at 1.24 in Q1 2026, down 6.85% YoY from 1.33 in Q1 2025, and up 12.86% on a QoQ basis from 1.1 in Q4 2025.

Exagen (XGN) Asset Utilization Ratio (2019 - 2026) Analysis & Trends

Exagen (XGN) has 8 years of Asset Utilization Ratio data on file, last reported at 1.24 in Q1 2026.

  • Quarterly Asset Utilization Ratio fell 6.85% year-over-year to 1.24 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.24 (down 6.85% YoY) and the FY2025 annual result came in at 1.3, up 18.4% from the prior year.
  • Asset Utilization Ratio grew to 1.24 in Q1 2026, from 1.1 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 1.33 in Q1 2025 to a low of 0.38 in Q2 2022.
  • A 5-year average of 0.9 and a median of 1.03 in 2024 frame the typical range for Asset Utilization Ratio.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 96.74% — and 2025, when it declined 12.82%.
  • Tracing XGN's Asset Utilization Ratio over 5 years: stood at 0.49 in 2022, then surged by 83.77% to 0.89 in 2023, then surged by 41.36% to 1.26 in 2024, then declined by 12.58% to 1.1 in 2025, then advanced by 12.86% to 1.24 in 2026.
  • The last three Asset Utilization Ratio figures came in at 1.24 (Q1 2026), 1.1 (Q4 2025), and 1.05 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.41
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 1.33
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.56
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.57
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 1.00
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 0.68
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 1.13
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.69
10 Exagen 158.28 Mn 133.68 Mn 12.22 Mn 1.37

Historic Data

Download Data
DateValue
Jun 30, 2026 1.37
Mar 31, 2026 1.24
Dec 31, 2025 1.10
Sep 30, 2025 1.05
Jun 30, 2025 1.19
Mar 31, 2025 1.33
Dec 31, 2024 1.26
Sep 30, 2024 1.20
Jun 30, 2024 1.13
Mar 31, 2024 1.03
Dec 31, 2023 0.89
Sep 30, 2023 0.83
Jun 30, 2023 0.74
Mar 31, 2023 0.56
Dec 31, 2022 0.49
Sep 30, 2022 0.44
Jun 30, 2022 0.38
Mar 31, 2022 0.39
Dec 31, 2021 0.38
Sep 30, 2021 0.37