DexCom Inc (DXCM)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 600,000 | 597,700 | 391,200 | 175,400 | 299,500 |
| Total assets | US$ in thousands | 6,484,500 | 6,264,500 | 5,391,700 | 4,863,600 | 4,290,500 |
| Operating ROA | 9.25% | 9.54% | 7.26% | 3.61% | 6.98% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $600,000K ÷ $6,484,500K
= 9.25%
Based on the provided operating return on assets (operating ROA) data for DexCom Inc, there are fluctuations in the company's efficiency in generating operating income from its assets over the years.
In December 2020, DexCom Inc had an operating ROA of 6.98%, indicating that the company generated approximately $0.0698 in operating income for every dollar of assets it utilized for operations. However, this metric decreased to 3.61% by December 2021, signaling a decline in efficiency.
The following year, in December 2022, DexCom Inc managed to improve its operating ROA to 7.26%, suggesting a better utilization of assets to generate operating income. This positive trend continued in December 2023 when the operating ROA further increased to 9.54%, indicating significant improvement in operational efficiency.
By December 2024, DexCom Inc maintained a high operating ROA of 9.25%, remaining relatively stable compared to the previous year. This indicates that the company has been effective in generating operating income from its asset base.
Overall, DexCom Inc has shown fluctuations in its operating ROA over the years, with notable improvements in recent periods, suggesting enhanced operational efficiency and effective management of assets to drive profitability.
Peer comparison
Dec 31, 2024