DexCom Inc (DXCM)

Return on total capital

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before interest and tax (EBIT) US$ in thousands 623,000 730,700 409,400 275,600 309,700
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,102,600 2,068,600 2,131,800 2,251,500 1,826,500
Return on total capital 29.63% 35.32% 19.20% 12.24% 16.96%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $623,000K ÷ ($—K + $2,102,600K)
= 29.63%

DexCom Inc's return on total capital has shown fluctuations over the past five years. It stood at 16.96% as of December 31, 2020, declining to 12.24% by December 31, 2021. However, the return increased significantly to 19.20% by December 31, 2022, and continued its upward trend to reach 35.32% as of December 31, 2023. In the most recent year, as of December 31, 2024, the return on total capital was recorded at 29.63%. This indicates varying efficiency in deploying the company's capital resources to generate returns over the specified period.