DXCM Dexcom PE ratio, current and historical analysis

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Relative Growth: Rel. Growth: 97
Relative Strength: Rel. Strength: 49
Relative Valuation: Rel. Valuation: 52
Relative Profitability: Rel. Profitability: 95

As of Jun 12, 2026, the Dexcom stock's P/E ratio is 31.4. This takes into account the latest EPS of $2.4 and stock price of $75.37. The PE ratio has decreased by 18% from its last 4 quarters average of 38.5.

DXCM PE ratio history

How has DXCM's PE ratio performed in the past

The PE ratio of Dexcom has averaged 111.34 over the last eight years. The current price-to-earnings ratio of 31.4 is 72% less than the historical average. Analyzing the last eight years, DXCM's PE ratio reached its highest point in the Sep 2018 quarter at 298, when the price was $35.76 and the EPS was $0.12. The lowest point was recorded in the Mar 2026 quarter, when it reached 26.17 with a price of $62.8 and an EPS of $2.4.

Today
31.4
Average
111.34
Median
88.64
Minimum
26.17
Maximum
298

Dexcom PE ratio by year

Maximum annual increase: 278.63% in 2021

Maximum annual decrease: -67.58% in 2020

Year PE ratio PE change Price EPS
2025 31.01 -41.79% $66.37 $2.14
2024 53.27 -39.9% $77.77 $1.46
2023 88.64 -31.12% $124.09 $1.4
2022 128.68 -46.32% $113.24 $0.88
2021 239.71 278.63% $134.24 $0.56
2020 63.31 -67.58% $92.43 $1.46
2019 195.3 N/A $54.69 $0.28
2018 N/A N/A $29.95 -$0.36
2017 N/A N/A $14.35 -$0.15
2016 N/A N/A $14.93 -$0.2
2015 N/A N/A $20.48 -$0.18
2014 N/A N/A $13.76 -$0.08
2013 N/A N/A $8.85 -$0.11
2012 N/A N/A $3.4 -$0.2
2011 N/A N/A $2.33 -$0.17

Dexcom PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Mar 2026 26.17 -15.61% $62.8 $2.4
Dec 2025 31.01 -15.2% $66.37 $2.14
Sep 2025 36.57 -39.25% $67.29 $1.84
Jun 2025 60.2 19% $87.29 $1.45
Mar 2025 50.59 -5.03% $68.29 $1.35
Dec 2024 53.27 38.26% $77.77 $1.46
Sep 2024 38.53 -41.89% $67.04 $1.74
Jun 2024 66.3 -21.13% $113.38 $1.71
Mar 2024 84.06 -5.17% $138.7 $1.65
Dec 2023 88.64 -6.89% $124.09 $1.4
Sep 2023 95.2 -31.1% $93.3 $0.98
Jun 2023 138.18 -9.61% $128.51 $0.93
Mar 2023 152.87 18.8% $116.18 $0.76
Dec 2022 128.68 0.66% $113.24 $0.88
Sep 2022 127.84 2.91% $80.54 $0.63

DXCM Price vs fair value

How does DXCM's price compare to its estimated fair value based on its growth

DXCM average PE ratio chart

What is the average PE ratio of DXCM for the past years

DXCM's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg
64.06
5-year avg
94.02
10-year avg
111.34
15-year avg
111.34

PE comparison

With a price to earnings (P/E) of 31.4, DXCM stands higher than the Healthcare sector and the industry average but lower than its peers average. Looking at the Healthcare sector average of 24.29, Dexcom's price to earnings (P/E) is 29% higher.

DXCM PE vs peers

What is DXCM's PE ratio compared to its peers

DXCM's PE ratio is less than its peer stocks EW and BDX, but it is above JNJ's and ABT's. Dexcom's current PE ratio of 31.4 is less than the average of its peers, which is 33.37.

Stock name PE ratio Market cap
MDT Medtronic plc 22.28 $102.97B
ABT Abbott Laboratories 24.56 $153.59B
JNJ Johnson & Johnson 27.59 $579.83B
DXCM Dexcom Inc 31.4 $29.08B
BDX Becton Dickinson & Co 37.02 $40.3B
WST West Pharmaceutical Services Inc 43.73 $23.23B
EW Edwards Lifesciences Corp 45.03 $49.01B
TNDM Tandem Diabetes Care Inc N/A $1.14B
QDEL Quidel Corp N/A $963.54M

Frequently asked questions

What is Dexcom's PE ratio?

The price to earnings ratio for DXCM stock is 31.4 as of Jun 12, 2026.

What is the 3-year average PE ratio for Dexcom (DXCM)?

As an average over the last 3 years, DXCM stock has a PE ratio of 64.06.

What is the 5-year average PE ratio for Dexcom (DXCM)?

As an average over the last 5 years, DXCM stock has a PE ratio of 94.02.

What is the highest PE ratio for DXCM?

Over the last eight years, the quarterly PE ratio reached its highest level at 298 in the Sep 2018 quarter.

How does the current PE ratio for DXCM compare to its historical average?

DXCM's price to earnings ratio is currently 72% below its 8-year historical average.

How is DXCM's PE ratio calculated (Dexcom PE ratio formula)?

The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jun 12, 2026), Dexcom's share price is $75.37. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.4. Therefore, Dexcom's price to earnings ratio for today is 31.4. PE RATIO(31.4) = STOCK PRICE($75.37) / TTM EPS($2.4)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.