DXCM (DexCom) Quick Ratio: 1.64 (As of Mar. 2026) — 62% Below Median


DXCM DexCom Inc DXCM
90 GF Score
Price $69.75
GF Value $103.54
Valuation Significantly Undervalued
! 3 Warning Signs
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What is DexCom Quick Ratio?

DexCom DXCM +1.18% 90 Quick Ratio is 1.64 as of Mar. 2026, which is 62% below its 10-year median of 4.37. GuruFocus rates DXCM with a GF Score™ of 90/100 and a GF Value™ of $103.54 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 854 Medical Devices & Instruments companies, DexCom ranks worse than 56.44% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. DexCom's quick ratio for the quarter that ended in Mar. 2026 was 1.64.

DexCom has a quick ratio of 1.64. It generally indicates good short-term financial strength.

The historical rank and industry rank for DexCom's Quick Ratio or its related term are showing as below:

DXCM' s Quick Ratio Range Over the Past 10 Years
Min: 1.28   Med: 4.37   Max: 7.32
Current: 1.64

During the past 13 years, DexCom's highest Quick Ratio was 7.32. The lowest was 1.28. And the median was 4.37.

DXCM's Quick Ratio is ranked worse than
56.44% of 854 companies
in the Medical Devices & Instruments industry
Industry Median: 1.865 vs DXCM: 1.64

DexCom  (NAS:DXCM) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


DexCom Quick Ratio Related Terms


DexCom Quick Ratio Historical Data

* Premium members only.

The historical data trend for DexCom's Quick Ratio 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.

DexCom Quick Ratio Chart

DexCom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.62 1.83 2.48 1.28 1.59

DexCom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.32 1.35 1.38 1.59 1.64

DXCM vs GEHC, STE, ZBH: Quick Ratio Comparison

For the Medical Devices subindustry, DexCom's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, DexCom's Quick Ratio distribution charts can be found below:

* The bar in red indicates where DexCom's Quick Ratio falls into.


DXCM
90GF Score
DexCom Inc DXCM
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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DexCom Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

DexCom's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4033.3-629.1)/2142.5
=1.59

DexCom's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(4331.7-693.6)/2223.8
=1.64

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.64 mean?
DexCom (DXCM) has a Quick Ratio of 1.64 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on DexCom and its competitors. This is 62% below median its historical median of 4.37. Over the past decade, DexCom's Quick Ratio has ranged from 1.28 to 7.32. According to the industry distribution chart, DexCom ranks #482 out of 854 companies in the Medical Devices & Instruments industry, placing it in the top 56.4%.
Is DexCom's Quick Ratio too high?
DexCom's current Quick Ratio of 1.64 is 62% below median its 10-year median of 4.37. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 7.32. The Medical Devices & Instruments industry median Quick Ratio is 1.87. DexCom's value of 1.64 is 12.1% below this industry median. Based on the distribution chart, DexCom ranks #482 out of 854 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, DexCom has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DexCom's Quick Ratio compare to GEHC and STE?
According to the Medical Devices & Instruments industry distribution chart, DexCom ranks #482 out of 854 companies for Quick Ratio. This places DexCom in the lower half of its industry. The industry median Quick Ratio is 1.87. DexCom's value of 1.64 is 12.1% below this benchmark. Historically, DexCom's own Quick Ratio has ranged from 1.28 to 7.32 over the past decade. While the company's 10-year median is 4.37 vs. the industry median of 1.87, DexCom has consistently been below 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 Quick Ratio for a Medical Devices & Instruments company?
The median Quick Ratio among Medical Devices & Instruments companies is 1.87, based on 854 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DexCom's current Quick Ratio of 1.64 is 12.1% below 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on DexCom and its competitors. For the Medical Devices & Instruments industry, the median Quick Ratio is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DexCom's current Quick Ratio is 1.64, which is 62% below median its own 10-year median of 4.37. 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 Significantly Undervalued. The stock's GF Value™ is $103.54, compared to a current price of $69.75 — trading 32.6% below its estimated fair value. The current Quick Ratio is 1.64, which is 62% below median its 10-year median of 4.37 and 12.1% below the Medical Devices & Instruments industry median of 1.87. DexCom's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For DexCom (DXCM), the current Quick Ratio is 1.64 as of Mar. 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 $69.75 is trading 32.6% below its estimated GF Value™ of $103.54. GuruFocus considers DexCom to be Significantly Undervalued.

Key valuation signals for DXCM:

  • Quick Ratio: 1.64 (62% below median its 10-year median of 4.37)
  • GF Value™: $103.54 vs. price of $69.75 (32.6% below fair value)
  • GF Score™: 90/100 with 3 warning signs
  • Industry Position: 12.1% below the Medical Devices & Instruments median (#482 of 854)

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 Business Description

Address 6340 Sequence Drive, San Diego, CA, USA, 92121
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.
90GF Score

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$69.75
Price
$103.54
GF Value