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ResMed RMD Invested capital

Discontinued — last reported Q3 '26

Invested capital at other companies

Tenet Healthcare logo
Tenet HealthcareTHC
$148M0.0%
Encompass Health Corporation logo
Encompass Health CorporationEHC
$1.3M
Tenet Healthcare logo
Tenet HealthcareTHC
$135M+17.4%
Tenet Healthcare logo
Tenet HealthcareTHC
$143M-27.8%
American Healthcare REIT logo
American Healthcare REITAHR
$5.07B+34.4%
American Healthcare REIT logo
American Healthcare REITAHR

Other financials

Income statement

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Revenue$1.4B+10.8%
Gross profit$891.0M+16.3%
Operating income$499.8M+17.3%
Net income$398.7M+9.2%
EPS (diluted)$2.74+10.5%

Balance sheet

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Cash & equivalents$1.7B+78.0%
Total debt$1.1B+29.8%
Total equity$6.5B+17.1%
Total assets$8.8B+16.1%

Cash flow

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Operating cash flow$554.1M-4.2%
CapEx$33.7M+61.8%
Free cash flow$520.5M-6.7%

Valuation

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Market cap$27.36B-0.5%
Enterprise value$26.8B-2.0%
P/E18×-2.9×
P/S4.9×-0.5×

Profitability

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Gross margin61.6%+2.8pp
Operating margin34.2%+2.1pp
Net margin27.4%+1.3pp
FCF margin31.7%+0.4pp

Returns & leverage

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Return on equity25.2%-0.6pp
Debt / equity0.2×0.0×
Current ratio-0.4×

Where this comes from

Calculated from ResMed’s reported figures.

The official record: ResMed’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ResMed's invested capital?
ResMed (RMD) reported invested capital of $5.93B in Q1 2026.
How has ResMed's invested capital changed year-over-year?
ResMed's invested capital increased by 8.6% year-over-year, from $5.46B to $5.93B.
What is the long-term trend for ResMed's invested capital?
Over 4 years (2021 to 2025), ResMed's invested capital has grown at a 13.4% compound annual growth rate (CAGR), from $3.4B to $5.62B.
What does invested capital mean?
The capital — debt plus equity, net of idle cash — that funds the operating business.
How do you interpret invested capital?
A level, read mainly through ROIC (NOPAT ÷ invested capital). Growing invested capital is only good if returns on it stay above the cost of capital.
How does invested capital compare across companies?
Used as the base for ROIC; the definition is sector-sensitive, so banks and insurers are best excluded.