Exagen (XGN) Debt Ratio (2018 - 2026)

Exagen's (XGN) quarterly Debt Ratio came in at 0.44 in Q1 2026, down 20.59% YoY from 0.55 in Q1 2025, and up 11.5% on a QoQ basis from 0.39 in Q4 2025.

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

Exagen (XGN) has 9 years of Debt Ratio data on file, last reported at 0.44 in Q1 2026.

  • Quarterly Debt Ratio fell 20.59% year-over-year to 0.44 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.44 (down 20.59% YoY) and the FY2025 annual result came in at 0.39, down 12.85% from the prior year.
  • Debt Ratio advanced to 0.44 in Q1 2026, from 0.39 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.55 in Q1 2025 to a low of 0.23 in Q1 2022.
  • A 5-year average of 0.37 and a median of 0.38 in 2025 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2023 — Debt Ratio surged 64.89% — and 2025, when it declined 20.73%.
  • Tracing XGN's Debt Ratio over 5 years: 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 0.38 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Thermo Fisher Scientific 213.88 Bn 209.81 Bn 8.34 Bn 0.40
2 Danaher 140.65 Bn 136.30 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.02 Bn 45.83 Bn 779.09 Mn 0.24
4 Agilent Technologies 39.85 Bn 38.05 Bn 990.00 Mn 0.26
5 Iqvia Holdings 39.20 Bn 37.12 Bn 1.44 Bn 0.54
6 Natera 38.80 Bn 37.70 Bn 696.04 Mn 0.01
7 Illumina 30.11 Bn 28.94 Bn 770.00 Mn 0.22
8 Mettler Toledo International 28.66 Bn 28.61 Bn 650.22 Mn 0.58
9 Quest Diagnostics 26.24 Bn 25.61 Bn 1.03 Bn 0.33
10 Exagen 158.28 Mn 133.68 Mn 12.22 Mn 0.45

Historic Data

Download Data
DateValue
Jun 30, 2026 0.45
Mar 31, 2026 0.44
Dec 31, 2025 0.39
Sep 30, 2025 0.38
Jun 30, 2025 0.40
Mar 31, 2025 0.55
Dec 31, 2024 0.45
Sep 30, 2024 0.47
Jun 30, 2024 0.42
Mar 31, 2024 0.39
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