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ResMed RMD Net margin

Net margin at other companies

Eli Lilly logo
Eli LillyLLY
35%+12.3pp
Stryker logo
StrykerSYK
13.2%+0.9pp
Insmed logo
InsmedINSM
-144.4%-45.3pp
GE HealthCare Technologies logo
GE HealthCare TechnologiesGEHC
9.1%-1.9pp
Boston Scientific logo
Boston ScientificBSX
17.3%+5.7pp
Intuitive Surgical logo
Intuitive SurgicalISRG
28.2%-0.3pp

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$27.02B-0.5%
Enterprise value$26.47B-2.0%
P/E17.8×-2.9×
P/S4.9×-0.5×

Profitability

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Gross margin61.6%+2.8pp
Operating margin34.2%+2.1pp

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.

Based on trailing twelve months.

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 net margin?
ResMed (RMD) reported net margin of 27.4% in Q1 2026.
How has ResMed's net margin changed year-over-year?
ResMed's net margin increased by 4.9% year-over-year, from 26.2% to 27.4%.
What is the long-term trend for ResMed's net margin?
Over 4 years (2021 to 2025), ResMed's net margin has grown at a 8.1% compound annual growth rate (CAGR), from 74.7% to 101.9%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.