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DexComDXCM +7.22%94 EV-to-EBIT is 23.82 as of Jul. 17, 2026, which is 58% below its 10-year median of 56.70. GuruFocus rates DXCM with a GF Score™ of 94/100 and a GF Value™ of $104.38 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 466 Medical Devices & Instruments companies, DexCom ranks worse than 63.09% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, DexCom's Enterprise Value is $29,068 Mil.
DexCom's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,220 Mil. Therefore, DexCom's EV-to-EBIT for today is 23.82.
The historical rank and industry rank for DexCom's EV-to-EBIT or its related term are showing as below:
DXCM'
s EV-to-EBIT Range Over the Past 10 Years
Min: -559.89 Med: 56.7 Max: 414.55
Current: 23.82
During the past 13 years, the highest EV-to-EBIT of DexCom was 414.55. The lowest was -559.89. And the median was 56.70.
DXCM's EV-to-EBIT is ranked worse than 63.09% of 466
companies
in the Medical Devices & Instruments industry
Industry Median: 18.46
vs DXCM: 23.82
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
DexCom's Enterprise Value for the quarter that ended in Mar. 2026 was $23,204 Mil.
DexCom's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,220 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DexCom EV-to-EBIT Related Terms
DexCom EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for DexCom's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Medical Devices subindustry, DexCom's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
DexCom EV-to-EBIT vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, DexCom's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where DexCom's EV-to-EBIT falls into.
DexCom's current Enterprise Value is $29,068 Mil.
DexCom's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,220 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
DexCom (DXCM) has a EV-to-EBIT of 23.82 as of Jul. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on DexCom and its competitors. This is 58% below median its historical median of 56.70. According to the industry distribution chart, DexCom ranks #294 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 63.1%.
Is DexCom's EV-to-EBIT too high?
DexCom's current EV-to-EBIT of 23.82 is 58% below median its 10-year median of 56.70. The Medical Devices & Instruments industry median EV-to-EBIT is 18.46. DexCom's value of 23.82 is 29% above this industry median. Based on the distribution chart, DexCom ranks #294 out of 466 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, DexCom has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DexCom's EV-to-EBIT compare to GEHC and STE?
According to the Medical Devices & Instruments industry distribution chart, DexCom ranks #294 out of 466 companies for EV-to-EBIT. This places DexCom in the lower half of its industry. The industry median EV-to-EBIT is 18.46. DexCom's value of 23.82 is 29% above this benchmark. While the company's 10-year median is 56.70 vs. the industry median of 18.46, DexCom has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Medical Devices & Instruments company?
The median EV-to-EBIT among Medical Devices & Instruments companies is 18.46, based on 466 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DexCom's current EV-to-EBIT of 23.82 is 29% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on DexCom and its competitors. For the Medical Devices & Instruments industry, the median EV-to-EBIT is 18.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DexCom's current EV-to-EBIT is 23.82, which is 58% below median its own 10-year median of 56.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DexCom stock overvalued right now?
Based on GuruFocus' analysis, DexCom (DXCM) is currently considered Modestly Undervalued. The stock's GF Value™ is $104.38, compared to a current price of $78.00 — trading 25.3% below its estimated fair value. The current EV-to-EBIT is 23.82, which is 58% below median its 10-year median of 56.70 and 29% above the Medical Devices & Instruments industry median of 18.46. DexCom's overall GF Score™ is 94/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For DexCom (DXCM), the current EV-to-EBIT is 23.82 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is DexCom (DXCM) Overvalued in 2026?
Based on GuruFocus' analysis, DexCom stock appears to be undervalued.
The current stock price of $78.00 is trading 25.3% below its estimated GF Value™ of $104.38.
GuruFocus considers DexCom to be Modestly Undervalued.
Key valuation signals for DXCM:
EV-to-EBIT: 23.82 (58% below median its 10-year median of 56.70)
GF Value™: $104.38 vs. price of $78.00 (25.3% below fair value)
Industry Position: 29% above the Medical Devices & Instruments median (#294 of 466)
No single metric tells the full story. See the DXCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DexCom designs and commercializes continuous glucose monitoring systems for diabetic patients. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to provide integration with insulin pumps from Insulet and Tandem for automatic insulin delivery. DexCom's CGMs are available through medical equipment distributors as well as retail pharmacies.
94GF Score
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