DexCom Inc (DXCM)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 6,484,500 | 6,353,800 | 6,799,200 | 6,482,200 | 6,264,500 | 6,596,200 | 6,820,700 | 5,515,900 | 5,391,700 | 4,899,200 | 5,217,400 | 5,057,000 | 4,863,600 | 4,775,900 | 4,503,800 | 4,389,800 | 4,290,500 | 3,833,200 | 3,521,800 | 2,447,900 |
| Operating ROA | 9.25% | 9.88% | 10.02% | 10.05% | 9.54% | 7.67% | 6.57% | 7.20% | 7.26% | 5.44% | 4.55% | 5.17% | 5.47% | 7.73% | 7.66% | 7.10% | 6.98% | 7.75% | 7.35% | 7.77% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $600,000K ÷ $6,484,500K
= 9.25%
The operating return on assets (operating ROA) of DexCom Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 7.77% in March 2020 and experienced slight variations until reaching 6.98% by the end of December 2020. Subsequently, there was a mild increase in the operating ROA, with values ranging between 7.10% and 7.75% during the first three quarters of 2021.
However, a noticeable decline in the operating ROA was observed in the last quarter of 2021, dropping to 5.47%. This downward trend continued into 2022, reaching a low of 4.55% in June and gradually recovering to 7.26% by the end of December 2022. The operating ROA remained relatively stable around the 7% mark during the first three quarters of 2023.
A significant improvement was noted in the operating ROA in the last quarter of 2023, surging to 9.54% and continuing the upward trajectory into 2024. The operating ROA maintained levels above 9% during 2024, with values ranging from 9.25% to 10.05%.
Overall, the operating ROA of DexCom Inc displayed variability over the analyzed period, reflecting changes in the company's operating performance in generating profits from its assets.
Peer comparison
Dec 31, 2024