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
DateValue
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