Dexcom (DXCM) Return on Invested Capital [ROIC] (2012 - 2026)
Dexcom (DXCM) reported Return on Invested Capital [ROIC] of 20.98% for Q4 2025, up 5.82 percentage points from the prior quarter.
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Analysis
Dexcom (DXCM) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Dexcom posted Return on Invested Capital [ROIC] of 23.15%, up 5.01 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a three-year change of +9.34 percentage points (FY2022 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 18.14% in FY2024 (-0.18 pp), 18.32% in FY2023 (+4.51 pp) and 13.81% in FY2022.
- The Q4 2025 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q4 2015.
- Per Business Quant data, the three quarters before Q4 2025 came in at 15.16% (Q3 2025), 13.82% (Q2 2025) and 13.67% (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 266.22 Bn | 242.86 Bn | 5.13 Bn | 8.02% |
| 2 | Abbott Laboratories | 191.31 Bn | 165.77 Bn | 7.39 Bn | 5.70% |
| 3 | Danaher | 166.16 Bn | 145.82 Bn | 3.84 Bn | 5.83% |
| 4 | Intuitive Surgical | 155.98 Bn | 136.40 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.05 Bn | 96.18 Bn | 6.34 Bn | 11.69% |
| 6 | Stryker | 123.40 Bn | 109.59 Bn | 4.25 Bn | 9.95% |
| 7 | Boston Scientific | 64.81 Bn | 60.48 Bn | 3.43 Bn | 9.94% |
| 8 | Edwards Lifesciences | 59.87 Bn | 43.18 Bn | 1.35 Bn | 8.68% |
| 9 | Medline | 53.84 Bn | 50.96 Bn | 1.93 Bn | 4.29% |
| 10 | Dexcom | 29.81 Bn | 21.63 Bn | 864.40 Mn | 32.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.36% |
| Jun 30, 2026 | 26.77% |
| Mar 31, 2026 | 22.89% |
| Dec 31, 2025 | 20.80% |
| Sep 30, 2025 | 17.59% |
| Jun 30, 2025 | 14.90% |
| Mar 31, 2025 | 15.25% |
| Dec 31, 2024 | 19.41% |
| Sep 30, 2024 | 21.66% |
| Jun 30, 2024 | 20.77% |
| Mar 31, 2024 | 21.55% |
| Dec 31, 2023 | 17.91% |
| Sep 30, 2023 | 12.43% |
| Jun 30, 2023 | 12.85% |
| Mar 31, 2023 | 11.61% |
| Dec 31, 2022 | 16.06% |
| Sep 30, 2022 | 11.19% |
| Jun 30, 2022 | 10.19% |
| Mar 31, 2022 | 11.67% |
| Dec 31, 2021 | 10.70% |
API Access
Dexcom Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=DXCM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=DXCM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();