Discontinued — last reported Q2 '24
Business Segments · Goodwill (note 5)
Sleep and Respiratory Care — Goodwill (note 5)
ResMed Sleep and Respiratory Care — Goodwill (note 5) increased by 1.7% to $757.53M in Q2 2024 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $670.12M to $757.53M. Over 3 years (FY 2021 to FY 2024), Sleep and Respiratory Care — Goodwill (note 5) shows an upward trend with a 5.8% CAGR.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ2 2018
Last reportedQ2 2024
Rolls up toGoodwill
How to read this metric
An increase indicates recent M&A activity, while a decrease may signal impairment charges due to underperforming acquisitions.
Detailed definition
Represents the intangible asset value recorded when the company acquires another business within the sleep and respirato...
Peer comparison
Common in medical device companies that grow through inorganic expansion; peers often report this as 'Goodwill' on the balance sheet.
Metric ID:
rmd_segment_sleep_and_respiratory_care_goodwill_note_5Historical Data
13 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $633.18M | $627.32M | $656.74M | $651.60M | $641.72M | $644.13M | $667.26M | $669.70M | $670.12M | $736.39M | $751.84M | $744.72M | $757.53M |
| QoQ Change | — | -0.9% | +4.7% | -0.8% | -1.5% | +0.4% | +3.6% | +0.4% | +0.1% | +9.9% | +2.1% | -0.9% | +1.7% |
| YoY Change | — | — | — | — | +1.3% | +2.7% | +1.6% | +2.8% | +4.4% | +14.3% | +12.7% | +11.2% | +13.0% |
Range$627.32M – $757.53M
CAGR+6.2%
Avg YoY Growth+7.1%
Median YoY Growth+4.4%
Similar Metrics at Other Companies
Frequently Asked Questions
- What is ResMed's sleep and respiratory care — goodwill (note 5)?
- ResMed (RMD) reported sleep and respiratory care — goodwill (note 5) of $757.53M in Q2 2024.
- How has ResMed's sleep and respiratory care — goodwill (note 5) changed year-over-year?
- ResMed's sleep and respiratory care — goodwill (note 5) increased by 13.0% year-over-year, from $670.12M to $757.53M.
- What is the long-term trend for ResMed's sleep and respiratory care — goodwill (note 5)?
- Over 3 years (2021 to 2024), ResMed's sleep and respiratory care — goodwill (note 5) has grown at a 5.8% compound annual growth rate (CAGR), from $2.52B to $2.99B.
- What does sleep and respiratory care — goodwill (note 5) mean?
- The excess purchase price paid for acquired businesses in the sleep and respiratory care segment.