Exagen (XGN) Return on Capital Employed (2019 - 2026)

Exagen (XGN) posted Return on Capital Employed of 33.28% for Q1 2026, down 9.43% quarter-over-quarter from 30.41% in Q4 2025, and up 1584.0% year-on-year from 1.98% in Q1 2025.

Exagen (XGN) Return on Capital Employed (2019 - 2026) Analysis & Trends

Exagen (XGN) has reported Return on Capital Employed for 8 consecutive years, with 33.28% the latest figure, recorded in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 33.28%, up 1584.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 33.28% (up 1584.0% YoY), and the FY2025 annual result was 37.83%, down 128.0% from the prior year.
  • Return on Capital Employed was 33.28% for Q1 2026 at Exagen, down from 30.41% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 25.42% in Q1 2022 and troughed at 61.37% in Q3 2023.
  • Average Return on Capital Employed over 5 years is 42.36%, with a median of 40.71% recorded in 2022.
  • Year-over-year, Return on Capital Employed plunged 3458 bps in 2023 and surged 2050 bps in 2024.
  • Over 5 years, Return on Capital Employed stood at 54.64% in 2022, then increased by 11 bps to 48.55% in 2023, then climbed by 8 bps to 44.5% in 2024, then soared by 32 bps to 30.41% in 2025, then fell by 9 bps to 33.28% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 33.28% in Q1 2026, 30.41% in Q4 2025, and 26.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 4.82%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 8.12%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 6.26%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 67.98%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -3.63%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 14.57%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 10.24%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 16.90%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 45.73%
10 Exagen 112.36 Mn 90.84 Mn 10.21 Mn -33.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 -33.28%
Dec 31, 2025 -30.41%
Sep 30, 2025 -26.05%
Jun 30, 2025 -35.79%
Mar 31, 2025 -49.12%
Dec 31, 2024 -44.50%
Sep 30, 2024 -40.87%
Jun 30, 2024 -38.92%
Mar 31, 2024 -40.21%
Dec 31, 2023 -48.55%
Sep 30, 2023 -61.37%
Jun 30, 2023 -55.35%
Mar 31, 2023 -60.00%
Dec 31, 2022 -54.64%
Sep 30, 2022 -40.71%
Jun 30, 2022 -34.97%
Mar 31, 2022 -25.42%
Dec 31, 2021 -20.70%
Sep 30, 2021 -16.80%
Jun 30, 2021 -14.04%