DexCom Inc (DXCM)

Pretax 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
Earnings before tax but after interest (EBT) (ttm) US$ in thousands 709,000 743,900 806,900 778,400 710,400 597,400 503,200 419,200 390,800 242,900 187,400 188,800 173,900 269,900 254,300 223,800 225,000 238,000 208,700 153,200
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
Pretax margin 17.58% 18.81% 20.51% 20.47% 19.61% 17.56% 15.74% 13.87% 13.43% 8.70% 7.01% 7.34% 7.10% 11.64% 11.72% 11.04% 11.68% 13.07% 12.16% 9.57%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $709,000K ÷ $4,033,000K
= 17.58%

DexCom Inc's pretax margin has shown fluctuations over the period analyzed. It started at 9.57% on March 31, 2020, and generally trended upwards, reaching a peak of 20.51% on June 30, 2024. However, there were periods of decline, such as the decreases in pretax margin from December 31, 2021 (7.10%) to March 31, 2022 (7.34%) and from September 30, 2024 (18.81%) to December 31, 2024 (17.58%). Overall, DexCom Inc has shown improvement in its pretax margin performance, indicating effective management of costs and expenses relative to its pre-tax earnings over the period.