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 | 234.15 Bn | 230.09 Bn | 8.34 Bn | 0.41 |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 0.29 |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 1.03 |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 0.56 |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 0.57 |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 1.33 |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 0.68 |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 1.13 |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 0.76 |
| 10 | Exagen | 181.48 Mn | 156.88 Mn | 12.22 Mn | 1.37 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |