Exagen (XGN) Return on Capital Employed [ROCE] (2019 - 2026)
Exagen's Return on Capital Employed [ROCE] came in at -34.32% for Q2 2026, up 1.47 percentage points from -35.79% a year earlier but down 1.04 percentage points from the prior quarter.
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Analysis
Exagen (XGN) Return on Capital Employed [ROCE] (2019 - 2026) Analysis & Trends
For FY2025, Exagen's Return on Capital Employed [ROCE] was -37.83%, down 1.28 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of -17.46 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was -36.55% in FY2024 (+1.72 pp), -38.27% in FY2023 (+10.10 pp), -48.37% in FY2022 (-22.09 pp) and -26.28% in FY2021 (-5.91 pp).
- The five-year range for quarterly Return on Capital Employed [ROCE] is -61.37% (Q3 2023) to -16.80% (Q3 2021).
- Year-over-year, Return on Capital Employed [ROCE] has increased for five consecutive quarters, with an average year-over-year change of +8.12 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q3 2024 (a gain of 20.50 percentage points), and the weakest in Q1 2023 (a drop of 34.58 percentage points).
- Business Quant data shows XGN's Return on Capital Employed [ROCE] at -33.28% (Q1 2026), -30.41% (Q4 2025) and -26.05% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - | 27.06% |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn | -13.91% |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn | 10.85% |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn | 8.97% |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn | -29.86% |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - | 17.89% |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn | -15.22% |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn | 9.85% |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - | 17.71% |
| 10 | Exagen | 197.66 Mn | 83.62 Mn | 12.22 Mn | -34.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -34.32% |
| 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% |
API Access
Exagen Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=XGN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "XGN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=XGN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();