Exagen (XGN) Debt Ratio (2018 - 2026)

Exagen (XGN) reported Debt Ratio of 0.44 for Q1 2026, down 15.3% on a YoY basis from 0.52 in Q1 2025, and up 11.5% quarter-over-quarter from 0.39 in Q4 2025.

Exagen (XGN) Debt Ratio (2018 - 2026) Analysis & Trends

Exagen has reported Debt Ratio for 9 years, with the latest figure at 0.44 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 15.3% year-over-year to 0.44; the trailing twelve-month figure through Mar 2026 stood at 0.44 (down 15.3% YoY), and the FY2025 full-year result was 0.39, down 12.85% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.44, up from 0.39 in the prior quarter.
  • The five-year high for Debt Ratio was 0.52 in Q1 2025, with the low at 0.23 in Q1 2022.
  • Historically, Debt Ratio has averaged 0.37 across 5 years, with a median of 0.37 in 2023.
  • Annual changes were most pronounced in 2023 — Debt Ratio surged 63.47% — and 2025, when it slipped 21.38%.
  • Exagen's Debt Ratio stood at 0.34 in 2022, then gained by 1.9% to 0.34 in 2023, then soared by 32.32% to 0.45 in 2024, then fell by 12.85% to 0.39 in 2025, then climbed by 11.5% to 0.44 in 2026.
  • The last three Debt Ratio figures came in at 0.44 (Q1 2026), 0.39 (Q4 2025), and 0.37 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 0.20
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 0.38
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 0.22
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 0.25
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 0.02
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 0.01
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 0.53
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 0.23
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 0.61
10 Exagen 102.82 Mn 81.30 Mn 10.21 Mn 0.44

Historic Data

Download Data
DateValue
Mar 31, 2026 0.44
Dec 31, 2025 0.39
Sep 30, 2025 0.37
Jun 30, 2025 0.39
Mar 31, 2025 0.52
Dec 31, 2024 0.45
Sep 30, 2024 0.46
Jun 30, 2024 0.41
Mar 31, 2024 0.38
Dec 31, 2023 0.34
Sep 30, 2023 0.32
Jun 30, 2023 0.30
Mar 31, 2023 0.37
Dec 31, 2022 0.34
Sep 30, 2022 0.28
Jun 30, 2022 0.26
Mar 31, 2022 0.23
Dec 31, 2021 0.22
Sep 30, 2021 0.21
Jun 30, 2021 0.20