DexCom Inc (DXCM)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 576,200 | 541,500 | 341,200 | 154,700 | 493,600 |
| Revenue | US$ in thousands | 4,033,000 | 3,622,300 | 2,909,800 | 2,448,500 | 1,926,700 |
| Net profit margin | 14.29% | 14.95% | 11.73% | 6.32% | 25.62% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $576,200K ÷ $4,033,000K
= 14.29%
The net profit margin of DexCom Inc has shown some fluctuations over the past five years. Starting at a healthy 25.62% on December 31, 2020, the margin decreased significantly to 6.32% by December 31, 2021, indicating a substantial drop in profitability. However, the company managed to improve its net profit margin to 11.73% by December 31, 2022, showing signs of recovery. Subsequently, DexCom Inc further increased its net profit margin to 14.95% by December 31, 2023, and maintained a relatively stable margin of 14.29% by December 31, 2024.
Overall, while experiencing volatility, DexCom Inc has managed to recover and maintain a decent level of profitability in recent years, although it's worth monitoring the trend over time for further insights into the company's financial performance.
Peer comparison
Dec 31, 2024