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ResMed RMD Ratios & Valuation

Q3 '26Q2 '26Q1 '26Q4 '25Q3 '25
Profitability
Gross margin61.6%+2.8pp60.9%+2.5pp60.1%+2.4pp59.4%+2.7pp58.8%+3.0pp
Operating margin34.2%+2.1pp33.7%+2.0pp33.2%+3.7pp32.7%+4.6pp32.1%+5.6pp
Net margin27.4%+1.3pp27.5%+2.2pp27.4%+4.2pp27.2%+5.4pp26.2%+5.2pp
EBITDA margin38.2%+2.5pp37.5%+2.2pp37%+3.8pp36.6%+4.7pp35.7%+5.3pp
Free cash flow margin31.7%+0.4pp33.2%+4.9pp33.6%+5.5pp32.3%+4.5pp31.2%+7.5pp
Returns
Return on equity25.2%-0.6pp25.7%0.0pp25.4%+1.8pp25.9%+3.2pp25.8%+3.4pp
Return on assets18.6%+0.3pp19%+1.2pp18.5%+2.6pp18.6%+3.6pp18.3%+4.1pp
Return on invested capital26.5%+2.2pp25.6%+3.1pp25.1%+4.6pp25.3%+5.9pp24.3%+6.5pp
Efficiency
Asset turnover0.7×0.0×0.7×0.0×0.7×0.0×0.7×0.0×0.7×0.0×
Inventory turnover2.4×-0.1×2.3×+0.1×2.3×+0.1×2.4×+0.2×2.4×+0.2×
Liquidity
Current ratio-0.4×3.1×-0.3×2.9×0.0×3.4×+0.9×3.4×+0.4×
Quick ratio2.3×-0.2×2.3×0.0×2.1×+0.2×2.5×+0.8×2.5×+0.5×
Cash ratio1.2×+0.2×1.1×+0.5×1.1×+0.6×1.2×+0.9×+0.7×
Leverage
Debt-to-equity0.2×0.0×0.2×0.0×0.2×0.0×0.1×0.0×0.2×-0.1×
Debt-to-assets0.1×0.0×0.1×0.0×0.1×0.0×0.1×0.0×0.1×-0.1×
Net debt / EBITDA-0.3×-0.2×-0.2×-0.3×-0.1×-0.4×-0.2×-0.6×-0×-0.7×
Interest coverage54.4×78.1×119.8×409.7×
Per Share
Book value per share$44.55+18.3%$43.18+21.2%$41.67+18.4%$40.50+22.9%$37.67+20.0%
Valuation
Market capitalization$32.7B-0.5%$35.16B+4.7%$40.08B+11.7%$37.52B+33.4%$32.88B+13.0%
Enterprise value$32.14B-2.0%$34.85B+2.8%$39.8B+9.6%$37.18B+29.2%$32.79B+9.2%
Price / earnings21.5×-3.5×23.7×-3.2×27.9×-4.4×26.8×-0.8×25×-5.3×
Price / sales5.9×-0.6×6.5×-0.3×7.6×+0.2×7.3×+1.3×6.5×+0.2×
Price / book-0.9×5.6×-0.8×6.5×-0.4×6.3×+0.5×5.9×-0.4×
EV / EBITDA15.2×-3.1×17.2×-2.3×20.5×-2.3×19.7×+0.5×18.3×-3.2×
EV / sales5.8×-0.7×6.5×-0.4×7.6×0.0×7.2×+1.1×6.5×0.0×
Free cash flow yield5.4%+0.6pp5.1%+1.0pp4.4%+0.6pp4.4%-0.2pp4.8%+1.0pp
Earnings yield4.6%+0.7pp4.2%+0.5pp3.6%+0.5pp3.7%+0.1pp4%+0.7pp
Dividend yield1%+0.1pp0.9%+0.1pp0.8%0.0pp0.8%-0.2pp0.9%0.0pp
PEG ratio1.4×+0.7×1.2×+0.6×-0.5×0.7×-1.3×0.7×-2.1×

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Questions, answered.

What are ResMed's profit margins?
ResMed (RMD) runs a 61.6% gross margin and a 34.2% operating margin, with a 27.4% net margin.
Where do ResMed's ratios come from?
Every ratio is computed from ResMed's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.