Xencor (XNCR) Debt to Equity (2023 - 2026)

Xencor (XNCR) reported Debt to Equity of $0.21 for Q1 2026, down 12.76% year-over-year from $0.24 in Q1 2025, and up 11.72% quarter-over-quarter from $0.19 in Q4 2025.

Xencor (XNCR) Debt to Equity (2023 - 2026) Analysis & Trends

Xencor (XNCR) has 4 years of Debt to Equity data on file, last reported at $0.21 in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.21, down 12.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.21 (down 12.76% YoY), and the FY2025 annual result was $0.19, down 22.38% from the prior year.
  • Debt to Equity improved to $0.21 in Q1 2026 per XNCR's latest filing, from $0.19 in the prior quarter.
  • Over five years, Debt to Equity peaked at $0.33 in Q2 2024 and troughed at $0.19 in Q4 2025.
  • A 4-year average of $0.25 and a median of $0.24 in 2024 frame the typical range for Debt to Equity.
  • The sharpest annual moves came in 2025 and 2026: Debt to Equity dropped 28.64% in 2025, then retreated 12.76% in 2026.
  • A 4-year view of Debt to Equity shows it stood at $0.29 in 2023, then declined by 15.19% to $0.24 in 2024, then retreated by 22.38% to $0.19 in 2025, then climbed by 11.72% to $0.21 in 2026.
  • Business Quant data shows XNCR's Debt to Equity at $0.21 in Q1 2026, $0.19 in Q4 2025, and $0.21 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.32
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 Xencor 953.38 Mn 878.64 Mn - 0.21

Historic Data

Download Data
DateValue
Mar 31, 2026 0.21
Dec 31, 2025 0.19
Sep 30, 2025 0.21
Jun 30, 2025 0.23
Mar 31, 2025 0.24
Dec 31, 2024 0.24
Sep 30, 2024 0.24
Jun 30, 2024 0.33
Mar 31, 2024 0.31
Dec 31, 2023 0.29