Exagen (XGN) Debt to Equity (2018 - 2026)
Exagen (XGN) reported Debt to Equity of $1.58 for Q1 2026, down 51.54% on a YoY basis from $3.27 in Q1 2025, and up 20.71% quarter-over-quarter from $1.31 in Q4 2025.
Exagen (XGN) Debt to Equity (2018 - 2026) Analysis & Trends
Exagen has reported Debt to Equity for 9 years, with the latest figure at $1.58 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 51.54% year-over-year to $1.58; the trailing twelve-month figure through Mar 2026 stood at $1.58 (down 51.54% YoY), and the FY2025 full-year result was $1.31, down 38.14% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.58, up from $1.31 in the prior quarter.
- The five-year high for Debt to Equity was $3.27 in Q1 2025, with the low at $0.36 in Q1 2022.
- Historically, Debt to Equity has averaged $1.14 across 5 years, with a median of $0.98 in 2024.
- Annual changes were most pronounced in 2025 — Debt to Equity surged 234.63% — and 2026, when it tumbled 51.54%.
- Exagen's Debt to Equity stood at $0.68 in 2022, then gained by 25.91% to $0.86 in 2023, then surged by 147.03% to $2.12 in 2024, then sank by 38.14% to $1.31 in 2025, then advanced by 20.71% to $1.58 in 2026.
- The last three Debt to Equity figures came in at $1.58 (Q1 2026), $1.31 (Q4 2025), and $1.26 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 0.32 |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 0.83 |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 0.35 |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 0.53 |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | -1.50 |
| 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 | 2.49 |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 0.56 |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | -53.21 |
| 10 | Exagen | 102.82 Mn | 81.30 Mn | 10.21 Mn | 1.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.58 |
| Dec 31, 2025 | 1.31 |
| Sep 30, 2025 | 1.26 |
| Jun 30, 2025 | 1.09 |
| Mar 31, 2025 | 3.27 |
| Dec 31, 2024 | 2.12 |
| Sep 30, 2024 | 1.57 |
| Jun 30, 2024 | 1.15 |
| Mar 31, 2024 | 0.98 |
| Dec 31, 2023 | 0.86 |
| Sep 30, 2023 | 0.71 |
| Jun 30, 2023 | 0.61 |
| Mar 31, 2023 | 0.82 |
| Dec 31, 2022 | 0.68 |
| Sep 30, 2022 | 0.50 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.36 |
| Dec 31, 2021 | 0.32 |
| Sep 30, 2021 | 0.30 |
| Jun 30, 2021 | 0.28 |