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