Exagen (XGN) Debt Ratio (2018 - 2026)
Exagen's Debt Ratio was 0.44 in Q2 2026, up 12.5% from 0.39 a year earlier but down 0.1% from the prior quarter.
Analysis
Exagen (XGN) Debt Ratio (2018 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Exagen came in at 0.39, down 12.9% from FY2024.
- In earlier years, Debt Ratio was 0.45 in FY2024 (+32.3%), 0.34 in FY2023 (+1.9%), 0.34 in FY2022 (+50.9%) and 0.22 in FY2021 (-34.6%).
- Quarterly Debt Ratio has moved between 0.21 (Q3 2021) and 0.52 (Q1 2025) over five years.
- Compared with a year earlier, Debt Ratio was higher in four of the last eight quarters, with growth averaging 8.9%.
- The best year-over-year quarter for Debt Ratio over five years was Q1 2023 (growth of 63.5%); the worst was Q3 2021 (a decline of 35.4%).
- Per Business Quant data, XGN's Debt Ratio in the three quarters before Q2 2026 was 0.44 (Q1 2026), 0.39 (Q4 2025) and 0.37 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - | 0.79 |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn | 0.03 |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn | 0.33 |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn | 0.32 |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - | 0.43 |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn | - |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - | 0.35 |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn | 0.61 |
| 10 | Exagen | 205.16 Mn | 91.12 Mn | 12.22 Mn | 0.44 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.44 |
| 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 |
API Access
Exagen Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=XGN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "XGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=XGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();