What are DexCom's profit margins?

DexCom (DXCM) runs a 61.5% gross margin and a 21.4% operating margin, with a 19.3% net margin.

Where do DexCom's ratios come from?

Every ratio is computed from DexCom's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

DexCom DXCM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	237.3%-10.4pp	247.7%-7.7pp	255.4%-7.8pp	263.2%-11.3pp
Operating margin	68%+2.8pp	65.2%+6.7pp	58.5%+16.5pp	42%-16.0pp
Net margin	60.1%-5.2pp	65.3%+18.4pp	46.9%+7.2pp	39.7%-54.1pp
EBITDA margin	89.7%+3.4pp	86.4%+7.4pp	79%+16.5pp	62.5%-11.1pp
Free cash flow margin	73.8%+12.3pp	61.4%+4.3pp	57.2%+25.6pp	31.6%+7.1pp
Returns
Return on equity	111.7%-6.0pp	117.6%+43.8pp	73.8%+21.0pp	52.9%-72.6pp
Return on assets	39.6%-0.4pp	40%+12.7pp	27.3%+5.1pp	22.2%-29.9pp
Return on invested capital	146.6%+10.4pp	136.2%+49.4pp	86.8%+5.0pp	81.8%-50.9pp
Efficiency
Asset turnover	2.6×+0.2×	2.5×+0.1×	2.3×+0.1×	2.2×0.0×
Inventory turnover	12.4×+0.8×	11.6×-0.6×	12.2×+0.7×	11.4×+0.5×
Liquidity
Current ratio	6.5×-3.2×	9.6×-0.4×	10.1×-5.7×	15.8×-5.8×
Quick ratio	5.6×-2.8×	8.4×-0.6×	9×-5.3×	14.3×-5.2×
Cash ratio	1.6×0.0×	1.6×0.0×	1.7×-1.4×	3×-3.5×
Leverage
Debt-to-equity	0.2×-0.1×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.1×0.0×
Net debt / EBITDA	-4.3×-1.5×	-2.8×+0.9×	-3.7×+1.3×	-5.1×+3.8×
Per Share
Book value per share	$25.33+19.8%	$21.15+3.8%	$20.38+3.3%	$19.73-39.5%
Valuation
Market capitalization	$113.39B-27.2%	$155.8B-12.6%	$178.26B+15.6%	$154.19B-14.9%
Enterprise value	$109.12B-28.9%	$153.39B-12.8%	$175.89B+15.7%	$152.09B-14.4%
Price / earnings	177.7×-65.7×	243.4×-233×	476.3×-91.4×	567.7×+123×
Price / sales	25.8×-14.0×	39.9×-14.3×	54.1×-2.4×	56.6×-23.8×
Price / book	44.3×-26.1×	70.3×-12.3×	82.7×+9.2×	73.4×-15.9×
EV / EBITDA	112.1×-68.0×	180.2×-92.4×	272.5×-86.8×	359.3×-75.4×
EV / sales	24.9×-14.4×	39.2×-14.2×	53.4×-2.4×	55.8×-22.9×
Free cash flow yield	12%+5.4pp	6.6%+2.3pp	4.3%+1.9pp	2.5%+1.2pp
Earnings yield	9.6%+2.5pp	7.1%+3.6pp	3.6%+0.6pp	2.9%-1.9pp

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Questions, answered.

What are DexCom's profit margins?: DexCom (DXCM) runs a 61.5% gross margin and a 21.4% operating margin, with a 19.3% net margin.
Where do DexCom's ratios come from?: Every ratio is computed from DexCom's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.