DexCom Inc (DXCM)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	600,000	628,000	681,500	651,600	597,700	506,200	448,200	397,100	391,200	266,400	237,200	261,200	265,800	369,200	345,000	311,800	299,500	297,000	258,900	190,300
Revenue (ttm)	US$ in thousands	4,033,000	3,954,000	3,934,800	3,801,800	3,622,300	3,403,000	3,197,600	3,022,500	2,909,800	2,792,800	2,673,400	2,572,300	2,448,500	2,319,200	2,169,900	2,026,600	1,926,700	1,820,600	1,716,000	1,600,600
Operating profit margin		14.88%	15.88%	17.32%	17.14%	16.50%	14.88%	14.02%	13.14%	13.44%	9.54%	8.87%	10.15%	10.86%	15.92%	15.90%	15.39%	15.54%	16.31%	15.09%	11.89%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $600,000K ÷ $4,033,000K
= 14.88%

Based on the data provided, DexCom Inc's operating profit margin has shown some fluctuations over the years. The operating profit margin is a measure of a company's efficiency in generating profit from its core operations.

DexCom's operating profit margin ranged from a low of 8.87% in June 2022 to a high of 17.32% in June 2024. The company experienced a downward trend in its operating profit margin in the last two quarters of 2022 but saw an improvement in the following periods.

It is important to note that a higher operating profit margin indicates that DexCom is effectively managing its operating expenses relative to its revenue. Therefore, the company's profit margin generally improved over the years, with a notable peak in the first half of 2024.

Overall, DexCom's operating profit margin has demonstrated some volatility but has generally shown a positive trend, showcasing the company's ability to generate profit from its core business activities.