Is DXCM or INCY cheaper?

On trailing earnings, INCY is cheaper: DXCM trades at a 31.65 P/E and INCY at 16.56.

Which has grown faster, DXCM or INCY?

Over the past five years, DXCM grew revenue faster — DXCM at a 18.91% CAGR versus INCY at 14.68%.

Is DXCM or INCY more profitable?

INCY runs the higher net margin — DXCM at 19.31% versus INCY at 26.71%.

Which has been the better investment, DXCM or INCY?

Over the past 10-year, DXCM delivered the higher annualized total return — DXCM at 14.15% versus INCY at 3.19%. Past performance doesn't predict future results.

DexCom, Inc. (DXCM) vs Incyte Corporation (INCY)

INCY leads on 12 of 16 compared metrics.

A side-by-side comparison of DexCom, Inc. and Incyte Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 9, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — DXCM vs INCY

growth of $100 · last 21y

DXCM +2419.0%INCY +1551.5%DXCM compounded faster

DXCM INCY

DXCM vs INCY: by the numbers

•DXCM is the larger company ($28.18B vs $23.68B market cap).
•INCY trades at the lower earnings multiple (16.56 vs 31.65 P/E).
•INCY converts more revenue to profit (26.71% vs 19.31% net margin).
•DXCM grew revenue faster over the past five years (18.91% vs 14.68% CAGR).

Which is better, DXCM or INCY?

Metric tally: DXCM 4 · INCY 12

It depends on what you're optimizing for:

ValueINCY(lower P/E)

GrowthDXCM(faster 5Y revenue CAGR)

QualityINCY(higher ROIC)

Metrics side by side

Valuation

Metric	DXCM	INCY
P/E ratio	31.65	16.56●
Forward P/E	28.55	15.33●
P/S ratio	6.05	4.52●
P/B ratio	9.86	4.37●
PEG ratio	0.67●	0.78
EV / EBITDA	22.76	13.48●
FCF yield	4.90%	5.98%●

Profitability

Metric	DXCM	INCY
Gross margin	61.84%	92.48%●
Operating margin	21.45%	27.05%●
Net margin	19.31%	26.71%●
ROE	31.47%●	25.79%
ROIC	16.61%	20.58%●

Growth (annualized)

Metric	DXCM	INCY
Revenue CAGR (5Y)	18.91%●	14.68%
EPS CAGR (5Y)	10.31%	21.19%●
FCF CAGR (5Y)	43.37%●	20.60%
Total return CAGR (5Y)	-7.90%	7.57%●

Frequently asked

Which is better, DXCM or INCY?: It depends on your goal. value: INCY (lower P/E); growth: DXCM (faster 5Y revenue CAGR); quality: INCY (higher ROIC). Across all compared metrics, INCY leads 12 to 4.
Is DXCM or INCY cheaper?: On trailing earnings, INCY is cheaper: DXCM trades at a 31.65 P/E and INCY at 16.56.
Which has grown faster, DXCM or INCY?: Over the past five years, DXCM grew revenue faster — DXCM at a 18.91% CAGR versus INCY at 14.68%.
Is DXCM or INCY more profitable?: INCY runs the higher net margin — DXCM at 19.31% versus INCY at 26.71%.
Which has been the better investment, DXCM or INCY?: Over the past 10-year, DXCM delivered the higher annualized total return — DXCM at 14.15% versus INCY at 3.19%. Past performance doesn't predict future results.

Go deeper

Full DXCM analysis Full INCY analysis Interactive comparison tool

Dig into the metrics

DexCom P/E ratio Incyte P/E ratio DexCom dividend yield Incyte dividend yield DexCom ROE Incyte ROE DexCom operating margin Incyte operating margin DexCom revenue growth Incyte revenue growth DexCom free cash flow Incyte free cash flow

DexCom & Incyte appear in these rankings

Fastest Revenue Growth Stocks Highest ROE Stocks Highest ROIC Stocks Highest FCF Yield Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified July 9, 2026.