DEXCOM INC (DXCM) Fundamental Analysis & Valuation
NASDAQ:DXCM • US2521311074
Current stock price
63.14 USD
-0.07 (-0.11%)
Last:
This DXCM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
1. DXCM Profitability Analysis
1.1 Basic Checks
- In the past year DXCM was profitable.
- In the past year DXCM had a positive cash flow from operations.
- Each year in the past 5 years DXCM has been profitable.
- DXCM had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- DXCM has a better Return On Assets (13.19%) than 94.15% of its industry peers.
- Looking at the Return On Equity, with a value of 30.46%, DXCM belongs to the top of the industry, outperforming 97.34% of the companies in the same industry.
- The Return On Invested Capital of DXCM (18.92%) is better than 96.81% of its industry peers.
- DXCM had an Average Return On Invested Capital over the past 3 years of 14.59%. This is significantly above the industry average of 9.40%.
- The 3 year average ROIC (14.59%) for DXCM is below the current ROIC(18.92%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.19% | ||
| ROE | 30.46% | ||
| ROIC | 18.92% |
ROA(3y)10.24%
ROA(5y)8.29%
ROE(3y)28.01%
ROE(5y)22.13%
ROIC(3y)14.59%
ROIC(5y)11.66%
1.3 Margins
- DXCM has a Profit Margin of 17.94%. This is amongst the best in the industry. DXCM outperforms 93.62% of its industry peers.
- DXCM's Profit Margin has declined in the last couple of years.
- The Operating Margin of DXCM (21.55%) is better than 93.62% of its industry peers.
- In the last couple of years the Operating Margin of DXCM has grown nicely.
- The Gross Margin of DXCM (62.09%) is better than 65.96% of its industry peers.
- DXCM's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.55% | ||
| PM (TTM) | 17.94% | ||
| GM | 62.09% |
OM growth 3Y15.68%
OM growth 5Y5.09%
PM growth 3Y15.23%
PM growth 5Y-8.86%
GM growth 3Y-1.61%
GM growth 5Y-1.72%
2. DXCM Health Analysis
2.1 Basic Checks
- DXCM has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
- DXCM has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for DXCM remains at a similar level compared to 5 years ago.
- Compared to 1 year ago, DXCM has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 6.21 indicates that DXCM is not in any danger for bankruptcy at the moment.
- With an excellent Altman-Z score value of 6.21, DXCM belongs to the best of the industry, outperforming 81.91% of the companies in the same industry.
- The Debt to FCF ratio of DXCM is 1.20, which is an excellent value as it means it would take DXCM, only 1.20 years of fcf income to pay off all of its debts.
- DXCM's Debt to FCF ratio of 1.20 is amongst the best of the industry. DXCM outperforms 89.89% of its industry peers.
- A Debt/Equity ratio of 0.47 indicates that DXCM is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.47, DXCM is in line with its industry, outperforming 43.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 1.2 | ||
| Altman-Z | 6.21 |
ROIC/WACC2.26
WACC8.37%
2.3 Liquidity
- A Current Ratio of 1.88 indicates that DXCM should not have too much problems paying its short term obligations.
- Looking at the Current ratio, with a value of 1.88, DXCM is doing worse than 65.96% of the companies in the same industry.
- DXCM has a Quick Ratio of 1.59. This is a normal value and indicates that DXCM is financially healthy and should not expect problems in meeting its short term obligations.
- Looking at the Quick ratio, with a value of 1.59, DXCM is in line with its industry, outperforming 42.55% of the companies in the same industry.
- DXCM does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.59 |
3. DXCM Growth Analysis
3.1 Past
- The Earnings Per Share has grown by an nice 12.73% over the past year.
- Measured over the past years, DXCM shows a quite strong growth in Earnings Per Share. The EPS has been growing by 19.29% on average per year.
- Looking at the last year, DXCM shows a quite strong growth in Revenue. The Revenue has grown by 15.60% in the last year.
- Measured over the past years, DXCM shows a quite strong growth in Revenue. The Revenue has been growing by 19.33% on average per year.
EPS 1Y (TTM)12.73%
EPS 3Y28.82%
EPS 5Y19.29%
EPS Q2Q%0%
Revenue 1Y (TTM)15.6%
Revenue growth 3Y17.01%
Revenue growth 5Y19.33%
Sales Q2Q%13.12%
3.2 Future
- Based on estimates for the next years, DXCM will show a very strong growth in Earnings Per Share. The EPS will grow by 21.71% on average per year.
- Based on estimates for the next years, DXCM will show a quite strong growth in Revenue. The Revenue will grow by 11.94% on average per year.
EPS Next Y36.69%
EPS Next 2Y27.75%
EPS Next 3Y24.99%
EPS Next 5Y21.71%
Revenue Next Year12.62%
Revenue Next 2Y12.47%
Revenue Next 3Y12.38%
Revenue Next 5Y11.94%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
- The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. DXCM Valuation Analysis
4.1 Price/Earnings Ratio
- DXCM is valuated quite expensively with a Price/Earnings ratio of 33.95.
- Based on the Price/Earnings ratio, DXCM is valued a bit cheaper than the industry average as 70.74% of the companies are valued more expensively.
- DXCM is valuated rather expensively when we compare the Price/Earnings ratio to 26.21, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 24.84, DXCM is valued on the expensive side.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of DXCM indicates a somewhat cheap valuation: DXCM is cheaper than 75.00% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 23.13. DXCM is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.95 | ||
| Fwd PE | 24.84 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, DXCM is valued a bit cheaper than 75.00% of the companies in the same industry.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of DXCM indicates a rather cheap valuation: DXCM is cheaper than 84.57% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.56 | ||
| EV/EBITDA | 17.94 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The excellent profitability rating of DXCM may justify a higher PE ratio.
- A more expensive valuation may be justified as DXCM's earnings are expected to grow with 24.99% in the coming years.
PEG (NY)0.93
PEG (5Y)1.76
EPS Next 2Y27.75%
EPS Next 3Y24.99%
5. DXCM Dividend Analysis
5.1 Amount
- DXCM does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
DXCM Fundamentals: All Metrics, Ratios and Statistics
NASDAQ:DXCM (4/7/2026, 1:34:54 PM)
63.14
-0.07 (-0.11%)
Chartmill FA Rating
GICS SectorHealth Care
GICS IndustryGroupHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & Supplies
Earnings (Last)02-12 2026-02-12/amc
Earnings (Next)04-30 2026-04-30
Inst Owners100.29%
Inst Owner Change0.01%
Ins Owners0.2%
Ins Owner Change9.44%
Market Cap24.30B
Revenue(TTM)4.66B
Net Income(TTM)836.30M
Analysts84.86
Price Target88.6 (40.32%)
Short Float %4.26%
Short Ratio3.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-13.4%
Min EPS beat(2)-32.12%
Max EPS beat(2)5.32%
EPS beat(4)2
Avg EPS beat(4)-6.03%
Min EPS beat(4)-32.12%
Max EPS beat(4)6.77%
EPS beat(8)5
Avg EPS beat(8)-1.11%
EPS beat(12)9
Avg EPS beat(12)9.15%
EPS beat(16)11
Avg EPS beat(16)5.86%
Revenue beat(2)1
Avg Revenue beat(2)-0.14%
Min Revenue beat(2)-0.9%
Max Revenue beat(2)0.61%
Revenue beat(4)2
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-0.9%
Max Revenue beat(4)0.88%
Revenue beat(8)2
Avg Revenue beat(8)-1.02%
Revenue beat(12)5
Avg Revenue beat(12)-0.35%
Revenue beat(16)6
Avg Revenue beat(16)-0.53%
PT rev (1m)0.3%
PT rev (3m)0.07%
EPS NQ rev (1m)0.17%
EPS NQ rev (3m)-0.14%
EPS NY rev (1m)0%
EPS NY rev (3m)0.83%
Revenue NQ rev (1m)-0.08%
Revenue NQ rev (3m)-0.66%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.95 | ||
| Fwd PE | 24.84 | ||
| P/S | 5.21 | ||
| P/FCF | 22.56 | ||
| P/OCF | 16.87 | ||
| P/B | 8.85 | ||
| P/tB | 9.17 | ||
| EV/EBITDA | 17.94 |
EPS(TTM)1.86
EY2.95%
EPS(NY)2.54
Fwd EY4.03%
FCF(TTM)2.8
FCFY4.43%
OCF(TTM)3.74
OCFY5.93%
SpS12.11
BVpS7.14
TBVpS6.89
PEG (NY)0.93
PEG (5Y)1.76
Graham Number17.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 13.19% | ||
| ROE | 30.46% | ||
| ROCE | 23.93% | ||
| ROIC | 18.92% | ||
| ROICexc | 36.12% | ||
| ROICexgc | 37.75% | ||
| OM | 21.55% | ||
| PM (TTM) | 17.94% | ||
| GM | 62.09% | ||
| FCFM | 23.11% |
ROA(3y)10.24%
ROA(5y)8.29%
ROE(3y)28.01%
ROE(5y)22.13%
ROIC(3y)14.59%
ROIC(5y)11.66%
ROICexc(3y)37.89%
ROICexc(5y)31.72%
ROICexgc(3y)41.79%
ROICexgc(5y)35.48%
ROCE(3y)18.46%
ROCE(5y)14.75%
ROICexgc growth 3Y1.89%
ROICexgc growth 5Y6.96%
ROICexc growth 3Y7.33%
ROICexc growth 5Y6.44%
OM growth 3Y15.68%
OM growth 5Y5.09%
PM growth 3Y15.23%
PM growth 5Y-8.86%
GM growth 3Y-1.61%
GM growth 5Y-1.72%
F-Score8
Asset Turnover0.74
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 1.2 | ||
| Debt/EBITDA | 1.03 | ||
| Cap/Depr | 144.36% | ||
| Cap/Sales | 7.8% | ||
| Interest Coverage | 88.12 | ||
| Cash Conversion | 114.67% | ||
| Profit Quality | 128.81% | ||
| Current Ratio | 1.88 | ||
| Quick Ratio | 1.59 | ||
| Altman-Z | 6.21 |
F-Score8
WACC8.37%
ROIC/WACC2.26
Cap/Depr(3y)145.46%
Cap/Depr(5y)210.39%
Cap/Sales(3y)7.74%
Cap/Sales(5y)10.33%
Profit Quality(3y)110.93%
Profit Quality(5y)89.33%
High Growth Momentum
Growth
EPS 1Y (TTM)12.73%
EPS 3Y28.82%
EPS 5Y19.29%
EPS Q2Q%0%
EPS Next Y36.69%
EPS Next 2Y27.75%
EPS Next 3Y24.99%
EPS Next 5Y21.71%
Revenue 1Y (TTM)15.6%
Revenue growth 3Y17.01%
Revenue growth 5Y19.33%
Sales Q2Q%13.12%
Revenue Next Year12.62%
Revenue Next 2Y12.47%
Revenue Next 3Y12.38%
Revenue Next 5Y11.94%
EBIT growth 1Y53.73%
EBIT growth 3Y35.36%
EBIT growth 5Y25.41%
EBIT Next Year68.67%
EBIT Next 3Y32.44%
EBIT Next 5Y25.77%
FCF growth 1Y70.79%
FCF growth 3Y52.34%
FCF growth 5Y31.25%
OCF growth 1Y45.6%
OCF growth 3Y29.1%
OCF growth 5Y24.81%
DEXCOM INC / DXCM Fundamental Analysis FAQ
Can you provide the ChartMill fundamental rating for DEXCOM INC?
ChartMill assigns a fundamental rating of 7 / 10 to DXCM.
What is the valuation status of DEXCOM INC (DXCM) stock?
ChartMill assigns a valuation rating of 6 / 10 to DEXCOM INC (DXCM). This can be considered as Fairly Valued.
What is the profitability of DXCM stock?
DEXCOM INC (DXCM) has a profitability rating of 8 / 10.
How financially healthy is DEXCOM INC?
The financial health rating of DEXCOM INC (DXCM) is 8 / 10.