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

Exagen (XGN) reported Asset Utilization Ratio of 1.24 for Q1 2026, down 6.85% on a YoY basis from 1.33 in Q1 2025, and up 12.86% quarter-over-quarter from 1.1 in Q4 2025.

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

Exagen has reported Asset Utilization Ratio for 8 years, with the latest figure at 1.24 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 6.85% year-over-year to 1.24; the trailing twelve-month figure through Mar 2026 stood at 1.24 (down 6.85% YoY), and the FY2025 full-year result was 1.3, up 18.4% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 1.24, up from 1.1 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.33 in Q1 2025, with the low at 0.38 in Q2 2022.
  • Historically, Asset Utilization Ratio has averaged 0.9 across 5 years, with a median of 1.03 in 2024.
  • Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 96.74% — and 2025, when it declined 12.82%.
  • Exagen's Asset Utilization Ratio 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 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 0.25
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 0.40
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 0.30
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 1.32
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 0.56
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 1.00
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 0.56
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 0.67
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 1.11
10 Exagen 102.82 Mn 81.30 Mn 10.21 Mn 1.24

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.35