Dexcom (DXCM) Invested Capital (2010 - 2025)
Dexcom's Invested Capital was $2.75 billion in Q4 2025, down 17.0% from $3.31 billion a year earlier and down 30.2% from the prior quarter.
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Analysis
Dexcom (DXCM) Invested Capital (2010 - 2025) Analysis & Trends
From Q4 2010 onward, Dexcom has reported Invested Capital for 35 quarters.
- Invested Capital shows a four-year compound annual growth rate of 7.7% (FY2021 to FY2025).
- In earlier years, Invested Capital was $3.31 billion in FY2024 (+59.9%), $2.07 billion in FY2023 (-28.8%), $2.9 billion in FY2022 (+42.2%) and $2.04 billion in FY2021.
- The Q4 2025 figure marks the lowest quarterly Invested Capital since Q4 2023.
- Per Business Quant data, DXCM's Invested Capital in the three quarters before Q4 2025 was $3.93 billion (Q3 2025), $3.78 billion (Q2 2025) and $3.47 billion (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 95.24 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 79.15 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 38.93 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 37.80 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | 11.32 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 41.22 Bn |
| 10 | Dexcom | 32.57 Bn | 22.88 Bn | 830.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.75 Bn |
| Sep 30, 2025 | 3.93 Bn |
| Jun 30, 2025 | 3.78 Bn |
| Mar 31, 2025 | 3.47 Bn |
| Dec 31, 2024 | 3.31 Bn |
| Dec 31, 2023 | 2.07 Bn |
| Sep 30, 2023 | 2.39 Bn |
| Jun 30, 2023 | 2.87 Bn |
| Mar 31, 2023 | 3.01 Bn |
| Dec 31, 2022 | 2.90 Bn |
| Dec 31, 2021 | 2.04 Bn |
| Sep 30, 2017 | 384.00 Mn |
| Jun 30, 2017 | 353.70 Mn |
| Mar 31, 2017 | 352.80 Mn |
| Dec 31, 2016 | 283.80 Mn |
| Sep 30, 2016 | 261.80 Mn |
| Jun 30, 2016 | 246.40 Mn |
| Mar 31, 2016 | 232.90 Mn |
| Dec 31, 2015 | 223.50 Mn |
| Sep 30, 2015 | 196.20 Mn |
API Access
Dexcom Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=DXCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "DXCM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=DXCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();