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| Date | Value |
|---|---|
| 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 |