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RMD

RMD - ResMed Inc Stock Price, Fair Value and News

184.98USD-0.88 (-0.47%)Market Closed

Market Summary

RMD
USD184.98-0.88
Market Closed
-0.47%

RMD Stock Price

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RMD RSI Chart

RMD Valuation

Market Cap

27.2B

Price/Earnings (Trailing)

30.56

Price/Sales (Trailing)

6.04

EV/EBITDA

23.13

Price/Free Cashflow

28.27

RMD Price/Sales (Trailing)

RMD Profitability

EBT Margin

24.37%

Return on Equity

19.87%

Return on Assets

12.89%

Free Cashflow Yield

3.54%

RMD Fundamentals

RMD Revenue

Revenue (TTM)

4.5B

Rev. Growth (Yr)

12.48%

Rev. Growth (Qtr)

5.49%

RMD Earnings

Earnings (TTM)

890.4M

Earnings Growth (Yr)

-7.16%

Earnings Growth (Qtr)

-4.84%

Breaking Down RMD Revenue

Last 7 days

-1.5%

Last 30 days

-2.7%

Last 90 days

8.7%

Trailing 12 Months

-17.2%

How does RMD drawdown profile look like?

RMD Financial Health

Current Ratio

3.11

Debt/Equity

0.27

Debt/Cashflow

0.89

RMD Investor Care

Dividend Yield

0.99%

Dividend/Share (TTM)

1.84

Shares Dilution (1Y)

0.12%

Diluted EPS (TTM)

6.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20234.0B4.2B4.4B4.5B
20223.5B3.6B3.6B3.8B
20213.1B3.2B3.3B3.4B
20202.9B3.0B3.0B3.1B
20192.5B2.6B2.7B2.8B
20182.3B2.3B2.4B2.5B
20172.0B2.1B2.1B2.2B
20161.8B1.8B1.9B2.0B
20151.6B1.7B1.7B1.7B
20141.6B1.6B1.6B1.6B
20131.5B1.5B1.5B1.5B
20121.3B1.4B1.4B1.4B
20111.2B1.2B1.3B1.3B
20101.0B1.1B1.1B1.2B
20090920.7M963.6M1.0B
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Tracking the Latest Insider Buys and Sells of ResMed Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 04, 2024
rider michael j
sold
-14,580
180
-81.00
global general counsel
Mar 01, 2024
rider michael j
sold
-34,650
173
-200
global general counsel
Feb 22, 2024
farrell peter c
sold
-1,997,430
182
-10,935
-
Nov 27, 2023
sandercock brett
sold
-457,860
152
-3,000
chief financial officer
Nov 22, 2023
rider michael j
gifted
-
-
-72.00
global general counsel
Nov 20, 2023
douglas robert andrew
sold (taxes)
-204,825
148
-1,375
president and coo
Nov 20, 2023
farrell michael j.
sold (taxes)
-350,445
148
-2,352
chief executive officer
Nov 20, 2023
ghoshal kaushik
sold (taxes)
-54,656
148
-366
president, saas business
Nov 16, 2023
drexler karen
acquired
-
-
884
-

1–10 of 50

Which funds bought or sold RMD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 12, 2024
CHANNEL WEALTH LLC
sold off
-100
-564,742
-
-%
Apr 12, 2024
AdvisorNet Financial, Inc
reduced
-2.68
4,639
43,171
-%
Apr 12, 2024
DNB Asset Management AS
reduced
-11.21
98,990
4,576,670
0.02%
Apr 12, 2024
BALDWIN BROTHERS LLC/MA
reduced
-6.08
124,209
1,652,570
0.12%
Apr 12, 2024
West Coast Financial LLC
reduced
-1.13
874,458
7,203,440
0.87%
Apr 12, 2024
Financial Synergies Wealth Advisors, Inc.
sold off
-100
-1,249
-
-%
Apr 12, 2024
Riverview Trust Co
new
-
41,586
41,586
0.03%
Apr 12, 2024
HARBOR INVESTMENT ADVISORY, LLC
unchanged
-
8,402
63,964
0.01%
Apr 12, 2024
GATEWAY INVESTMENT ADVISERS LLC
reduced
-0.81
102,873
827,765
0.01%
Apr 12, 2024
Pacifica Partners Inc.
unchanged
-
1,279
7,721
-%

1–10 of 48

Are Funds Buying or Selling RMD?

Are funds buying RMD calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RMD
No. of Funds

Unveiling ResMed Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.56%
18,478,846
SC 13G/A
Jan 25, 2024
blackrock inc.
8.7%
12,783,715
SC 13G/A
Feb 10, 2023
wcm investment management, llc
2.6%
3,832,642
SC 13G/A
Feb 09, 2023
vanguard group inc
11.63%
17,028,881
SC 13G/A
Feb 07, 2023
blackrock inc.
9.4%
13,774,787
SC 13G/A
Feb 10, 2022
vanguard group inc
11.06%
16,119,963
SC 13G/A
Feb 10, 2022
wcm investment management, llc
6.21%
9,046,150
SC 13G/A
Feb 01, 2022
blackrock inc.
9.3%
13,561,224
SC 13G/A
Feb 10, 2021
wcm investment management, llc
6.09%
8,821,570
SC 13G/A
Feb 10, 2021
vanguard group inc
10.65%
15,439,844
SC 13G/A

Recent SEC filings of ResMed Inc

View All Filings
Date Filed Form Type Document
Mar 06, 2024
4
Insider Trading
Mar 04, 2024
4
Insider Trading
Mar 04, 2024
144
Notice of Insider Sale Intent
Mar 01, 2024
144
Notice of Insider Sale Intent
Feb 23, 2024
4
Insider Trading
Feb 22, 2024
144
Notice of Insider Sale Intent
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 06, 2024
144
Notice of Insider Sale Intent
Jan 25, 2024
SC 13G/A
Major Ownership Report
Jan 25, 2024
10-Q
Quarterly Report

Peers (Alternatives to ResMed Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
188.9B
40.1B
-5.73% 4.72%
33.01
4.71
-8.12% -17.45%
67.8B
19.5B
-0.88% -8.17%
53.97
3.48
4.02% -22.04%
22.9B
3.9B
-3.10% -11.00%
51.41
5.92
3.42% 23.09%
20.3B
14.8B
-3.77% -6.99%
7.66
1.37
2.12% 209.17%
MID-CAP
9.1B
3.5B
-1.99% 15.94%
32.07
2.62
4.97% 18.89%
9.1B
12.3B
-5.16% -14.19%
21.85
0.74
-2.44% -22.68%
8.8B
2.7B
-9.88% -37.29%
-13.77
3.29
-4.68% 82.43%
6.4B
4.0B
-5.94% -24.93%
-47.62
1.62
1.10% 85.84%
3.4B
366.4M
-0.71% 17.46%
-565.84
9.37
33.86% 89.83%
2.3B
6.6B
-6.94% -4.63%
11.73
0.35
2.78% -0.87%
SMALL-CAP
1.3B
3.2B
-3.79% -17.24%
-1.94
0.41
7.73% -1066.14%
376.4M
166.7M
-0.35% -8.55%
-4.55
2.26
6.67% -456.34%
253.5M
324.0M
17.88% -30.36%
-1.32
0.78
-3.19% -337.41%
47.8M
52.3M
-22.91% -54.00%
-2.55
0.91
17.61% 19.28%
3.8M
3.7M
-16.18% 262.50%
-0.31
1.01
5.77% 8.23%

ResMed Inc News

Latest updates
Defense World • 17 hours ago
Yahoo Finance • 01 Apr 2024 • 07:00 am
MarketWatch • 13 Mar 2024 • 07:00 am

ResMed Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue5.5%1,1631,1021,1221,1171,034950915865895904876769800752770769736681705662651
Gross Profit7.8%647600617618580541523491504506491447462439449450427392399381375
Operating Expenses19.5%372311342317300265267257256244249224241222226232229221278224217
  S&GA Expenses-0.3%222223240228212194193182185177181160169159165172171167172165162
  R&D Expenses-2.4%74.0076.0078.0076.0070.0063.0064.0067.0063.0060.0060.0056.0055.0055.0053.0051.0050.0048.0051.0048.0043.00
EBITDA Margin-3.7%0.27*0.28*0.29*0.29*0.30*0.30*0.31*0.30*0.31*0.31*0.32*0.31*---------
Interest Expenses7.7%-13.80-14.96-14.94-14.96-10.34-7.13-5.54-5.46-5.95-5.36-41.976.006.007.00-70.5410.0010.0011.0013.0012.007.00
Income Taxes-4.0%51.0053.0047.0057.0049.0051.0043.0047.0036.0055.0044.0029631.0037.0034.0029.0018.0030.0027.0033.0022.00
Earnings Before Taxes-4.7%25927227728927426223822623725923921821121621219217915196.00138146
EBT Margin-4.1%0.24*0.25*0.26*0.26*0.27*0.27*0.27*0.27*0.28*0.28*0.28*0.28*---------
Net Income-4.8%209219230233225210195179202204195-78.4818017817816316112069.00105125
Net Income Margin-4.6%0.20*0.21*0.21*0.21*0.22*0.22*0.22*0.22*0.15*0.15*0.15*0.15*---------
Free Cashflow-2.6%24925620325410116.0051.0069.00189-93.00199170---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets2.4%6,9056,7416,7526,7146,6765,1785,0964,9054,7354,7294,7284,5864,5734,6214,5874,5114,3544,1554,1084,0993,860
  Current Assets3.2%2,3782,3052,3682,3382,3252,0341,9311,7041,5471,5861,5751,4661,4511,5431,5231,4701,3001,1611,1451,1031,064
    Cash Equivalents0.5%210209228228253207274202194276295231256421463353204172147147149
  Inventory-2.6%9339589981,011989865744665592507457484475478417359378357350320297
  Net PPE3.3%552534538529523487498513478467463455459425417397408383387382382
  Goodwill1.8%2,8622,8122,7702,7842,7671,9391,9361,9461,9511,9221,9281,9261,9101,9001,8901,8841,8711,8561,8561,9391,759
Liabilities-2.7%2,4232,4902,6222,7812,9381,7451,7351,6261,5891,7031,8421,8761,7081,9422,0902,2542,0962,0372,0352,0771,904
  Current Liabilities-0.9%764771759762733693689667621624912877577591603552500550556463436
  Short Term Borrowings-0.1%10.0010.0010.0010.0010.0010.0010.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.0012.00
  Long Term Debt-10.0%1,2171,3521,4311,5761,7917857656696687946437198141,0441,1641,3651,2881,2081,2591,3231,186
Shareholder's Equity5.4%4,4824,2504,1303,9333,7383,4333,3613,2793,1463,0262,8862,7092,8652,6792,4972,2562,2582,1172,0722,0211,956
  Retained Earnings3.1%4,5404,4024,2534,0883,9203,7603,6143,4803,3633,2223,0802,9413,0772,9542,8332,7122,6052,5012,4362,4212,368
  Additional Paid-In Capital1.8%1,8231,7911,7721,7291,7111,7021,6821,6451,6291,6441,6221,5871,5741,5881,5711,5341,5221,5301,5111,4761,461
Shares Outstanding0.0%147147147147147146146146146146145145---------
Float-----30,201---37,771---30,662---22,240---16,204
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-4.7%27328623728312945.0079.00117220-65.6622719617014433024070.00162142140129
  Share Based Compensation7.2%20.0019.0020.0018.0016.0017.0016.0016.0016.0017.0017.0016.0015.0016.0016.0014.0014.0013.0014.0013.0013.00
Cashflow From Investing72.4%-41.14-148-46.52-28.10-1,026-58.81-55.24-49.49-83.31-41.87-48.07-58.62-29.66-22.11-3.41-99.61-43.62-33.22-43.89-225-658
Cashflow From Financing-58.1%-238-151-188-279933-41.8857.00-60.86-21793.00-114-158-316-175-23618.001.00-100-97.5783.00450
  Dividend Payments0.1%71.0071.0065.0065.0065.0064.0061.0061.0061.0061.0057.0057.0057.0057.0056.0056.0056.0056.0053.0053.0053.00
  Buy Backs---------------------3.00

RMD Income Statement

2023-12-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Net revenue$ 1,162,801$ 1,033,744$ 2,265,122$ 1,984,038
Cost of sales (exclusive of amortization shown separately below)507,610446,7241,000,964849,834
Amortization of acquired intangible assets8,2577,30517,16413,680
Total cost of sales515,867454,0291,018,128863,514
Gross profit646,934579,7151,246,9941,120,524
Operating Expenses    
Selling, general, and administrative222,155211,672445,029404,860
Research and development73,88069,874149,590133,062
Amortization of acquired intangible assets11,5779,56324,05617,513
Restructuring expenses (note 11)64,228064,2280
Acquisition related expenses08,41209,157
Total operating expenses371,840299,521682,903564,592
Income from operations275,094280,194564,091555,932
Other income (loss), net:    
Interest (expense) income, net(13,805)(10,338)(28,762)(17,472)
Gain (loss) attributable to equity method investments (note 5)739(2,826)(3,156)(4,853)
Gain (loss) on equity investments (note 5)(1,888)8,368(2,491)5,088
Other, net(686)(1,707)1,963(3,211)
Total other income (loss), net(15,640)(6,503)(32,446)(20,448)
Income before income taxes259,454273,691531,645535,484
Income taxes50,65448,777103,423100,092
Net income$ 208,800$ 224,914$ 428,222$ 435,392
Basic earnings per share (in dollars per share)$ 1.42$ 1.53$ 2.91$ 2.97
Diluted earnings per share (in dollars per share)1.421.532.902.95
Dividend declared per share (in dollars per share)$ 0.48$ 0.44$ 0.96$ 0.88
Basic shares outstanding (000's) (in shares)147,132146,704147,104146,568
Diluted shares outstanding (000's) (in shares)147,545147,405147,572147,367
Total Sleep and Respiratory Care    
Net revenue$ 1,017,855$ 916,981$ 1,980,892$ 1,761,424
Cost of sales (exclusive of amortization shown separately below)460,721406,303905,182770,146
Amortization of acquired intangible assets1,3241,3433,2402,572
Software as a Service    
Net revenue144,946116,763284,230222,614
Cost of sales (exclusive of amortization shown separately below)46,88940,42195,78279,688
Amortization of acquired intangible assets$ 6,933$ 5,962$ 13,924$ 11,108

RMD Balance Sheet

2023-12-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 210,247$ 227,891
Accounts receivable, net of allowances of $21,822 and $23,603 at December 31, 2023 and June 30, 2023, respectively729,740704,909
Inventories (note 3)933,214998,012
Prepaid expenses and other current assets (note 3)504,876437,018
Total current assets2,378,0772,367,830
Non-current assets:  
Property, plant and equipment, net (note 3)551,734537,856
Operating lease right-of-use assets153,473127,955
Goodwill (note 4)2,861,8542,770,299
Other intangible assets, net (note 3)528,178552,341
Deferred income taxes155,955132,974
Prepaid taxes and other non-current assets275,817262,453
Total non-current assets4,527,0114,383,878
Total assets6,905,0886,751,708
Current liabilities:  
Accounts payable202,395150,756
Accrued expenses332,136365,660
Operating lease liabilities, current24,05721,919
Deferred revenue148,897138,072
Income taxes payable46,69072,224
Short-term debt, net (note 7)9,8989,902
Total current liabilities764,073758,533
Non-current liabilities:  
Deferred revenue127,410119,186
Deferred income taxes89,28290,650
Operating lease liabilities, non-current140,649116,853
Other long-term liabilities72,89468,166
Long-term debt, net (note 7)1,216,7691,431,234
Long-term income taxes payable12,15737,183
Total non-current liabilities1,659,1611,863,272
Total liabilities2,423,2342,621,805
Commitments and contingencies (note 9)
Stockholders’ equity:  
Preferred stock, $0.01 par value, 2,000,000 shares authorized; none issued00
Common stock, $0.004 par value, 350,000,000 shares authorized; 189,259,220 issued and 147,087,512 outstanding at December 31, 2023 and 188,900,583 issued and 147,064,349 outstanding at June 30, 2023588588
Additional paid-in capital1,822,9181,772,083
Retained earnings4,539,9634,253,016
Treasury stock, at cost, 42,171,708 shares at December 31, 2023 and 41,836,234 shares at June 30, 2023(1,673,263)(1,623,256)
Accumulated other comprehensive loss(208,352)(272,528)
Total stockholders’ equity4,481,8544,129,903
Total liabilities and stockholders’ equity$ 6,905,088$ 6,751,708
RMD
ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. It operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME) to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies; and MEDIFOX DAN's software solutions. The company markets its products to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force. The company was founded in 1989 and is headquartered in San Diego, California.
 CEO
 WEBSITEresmed.com
 INDUSTRYMedical Instruments & Supplies
 EMPLOYEES10140

ResMed Inc Frequently Asked Questions


What is the ticker symbol for ResMed Inc? What does RMD stand for in stocks?

RMD is the stock ticker symbol of ResMed Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ResMed Inc (RMD)?

As of Mon Apr 15 2024, market cap of ResMed Inc is 27.21 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RMD stock?

You can check RMD's fair value in chart for subscribers.

What is the fair value of RMD stock?

You can check RMD's fair value in chart for subscribers. The fair value of ResMed Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ResMed Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RMD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ResMed Inc a good stock to buy?

The fair value guage provides a quick view whether RMD is over valued or under valued. Whether ResMed Inc is cheap or expensive depends on the assumptions which impact ResMed Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RMD.

What is ResMed Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, RMD's PE ratio (Price to Earnings) is 30.56 and Price to Sales (PS) ratio is 6.04. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RMD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on ResMed Inc's stock?

In the past 10 years, ResMed Inc has provided 0.161 (multiply by 100 for percentage) rate of return.