DexCom Inc (DXCM)
Operating profit margin
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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
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Operating income (ttm) | US$ in thousands | 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 | 142,300 | -123,800 | -165,900 | -170,000 |
Revenue (ttm) | US$ in thousands | 3,603,200 | 3,380,700 | 3,175,600 | 3,001,700 | 2,889,200 | 2,740,300 | 2,599,600 | 2,478,000 | 2,333,800 | 2,206,500 | 2,058,200 | 1,914,400 | 1,823,900 | 1,754,600 | 1,659,800 | 1,555,100 | 1,426,800 | 1,302,000 | 1,187,500 | 1,108,600 |
Operating profit margin | 16.59% | 14.97% | 14.11% | 13.23% | 13.54% | 9.72% | 9.12% | 10.54% | 11.39% | 16.73% | 16.76% | 16.29% | 16.42% | 16.93% | 15.60% | 12.24% | 9.97% | -9.51% | -13.97% | -15.33% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $597,700K ÷ $3,603,200K
= 16.59%
Dexcom Inc's operating profit margin has shown a positive trend over the past eight quarters, indicating improving efficiency in generating profits from its core operations. The company's operating profit margin increased steadily from Q1 2022 to Q4 2023, with a notable uptick in the last two quarters. This performance suggests that Dexcom has been successful in controlling its operating expenses relative to its revenue, leading to higher profitability. The latest operating profit margin of 16.55% in Q4 2023 reflects a strong financial position and efficient management of operational costs. Overall, the increasing trend in operating profit margin is a positive indicator of Dexcom's operational efficiency and profitability.
Peer comparison
Dec 31, 2023