DexCom Inc (DXCM)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	576,200	541,500	341,200	154,700	493,600
Total assets	US$ in thousands	6,484,500	6,264,500	5,391,700	4,863,600	4,290,500
ROA		8.89%	8.64%	6.33%	3.18%	11.50%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $576,200K ÷ $6,484,500K
= 8.89%

Based on the data for DexCom Inc, the return on assets (ROA) has shown fluctuations over the past five years.

- In December 31, 2020, the ROA was relatively high at 11.50%, indicating that the company generated significant profits relative to its assets during that period.
- However, by December 31, 2021, the ROA decreased to 3.18%, which suggests a decline in the company's efficiency in using its assets to generate profit.
- There was an improvement in the ROA in the subsequent years, with values of 6.33% in 2022, 8.64% in 2023, and 8.89% in 2024. These increasing trends indicate that DexCom Inc became more effective in utilizing its assets to generate returns over these years.

Overall, the ROA of DexCom Inc has shown variability but has generally trended positively in recent years, suggesting that the company has been more efficient in generating profits from its assets, which could be a positive indicator of its financial health and operational effectiveness. Further analysis and comparison with industry benchmarks may provide more insights into the company's performance.