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

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

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

Exagen (XGN) has reported Asset Utilization Ratio for 8 consecutive years, with 1.24 the latest figure, recorded in Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 1.24, down 6.85% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.24 (down 6.85% YoY), and the FY2025 annual result was 1.3, up 18.4% from the prior year.
  • Asset Utilization Ratio was 1.24 for Q1 2026 at Exagen, up from 1.1 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 1.33 in Q1 2025 and troughed at 0.38 in Q2 2022.
  • Average Asset Utilization Ratio over 5 years is 0.9, with a median of 1.03 recorded in 2024.
  • Year-over-year, Asset Utilization Ratio surged 96.74% in 2023 and retreated 12.82% in 2025.
  • Over 5 years, 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 decreased by 12.58% to 1.1 in 2025, then increased by 12.86% to 1.24 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 1.24 in Q1 2026, 1.1 in Q4 2025, and 1.05 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.25
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.40
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.30
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 1.32
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 1.00
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 0.56
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 0.56
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.67
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 1.11
10 Exagen 112.36 Mn 90.84 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