Exagen (XGN) Equity Ratio (2018 - 2026)
Exagen (XGN) reported Equity Ratio of 0.28 for Q1 2026, up 74.8% on a YoY basis from 0.16 in Q1 2025, and down 7.64% quarter-over-quarter from 0.3 in Q4 2025.
Exagen (XGN) Equity Ratio (2018 - 2026) Analysis & Trends
Exagen has reported Equity Ratio for 9 years, with the latest figure at 0.28 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio rose 74.8% year-over-year to 0.28; the trailing twelve-month figure through Mar 2026 stood at 0.28 (up 74.8% YoY), and the FY2025 full-year result was 0.3, up 40.87% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.28, down from 0.3 in the prior quarter.
- The five-year high for Equity Ratio was 0.62 in Q1 2022, with the low at 0.16 in Q1 2025.
- Historically, Equity Ratio has averaged 0.39 across 5 years, with a median of 0.39 in 2024.
- Annual changes were most pronounced in 2025 — Equity Ratio sank 59.61% — and 2026, when it surged 74.8%.
- Exagen's Equity Ratio stood at 0.49 in 2022, then retreated by 19.07% to 0.4 in 2023, then sank by 46.43% to 0.21 in 2024, then soared by 40.87% to 0.3 in 2025, then fell by 7.64% to 0.28 in 2026.
- The last three Equity Ratio figures came in at 0.28 (Q1 2026), 0.3 (Q4 2025), and 0.29 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | 0.62 |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 0.46 |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 0.63 |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | 0.46 |
| 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 | 0.68 |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | 0.21 |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | 0.41 |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | -0.01 |
| 10 | Exagen | 102.82 Mn | 81.30 Mn | 10.21 Mn | 0.28 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.29 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.36 |
| Mar 31, 2024 | 0.39 |
| Dec 31, 2023 | 0.40 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.50 |
| Mar 31, 2023 | 0.45 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.55 |
| Jun 30, 2022 | 0.59 |
| Mar 31, 2022 | 0.62 |
| Dec 31, 2021 | 0.69 |
| Sep 30, 2021 | 0.71 |
| Jun 30, 2021 | 0.72 |