ResMed (RMD) Stock Analysis

November 11, 2026

This is a peer-relative look at ResMed (RMD): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Health Care Equipment & Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for ResMed (RMD)
Profile Item	RMD
Name	ResMed Inc.
Country/Region	United States
GICS Sector	Health Care
GICS Industry Group	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies
GICS Sub-Industry	Health Care Equipment
Market Capitalization	33.10 billion USD
Currency	USD
Exchange	NYSE
Listing Date	June 2, 1995
Security Type	Common Stock

Price Performance

Cumulative Growth

RMD

GSPC

ResMed (RMD) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for ResMed (RMD) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for ResMed (RMD) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

ResMed (RMD) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: RMD	Industry group median
Total Return (1Y)	-5.42%	21.53%
Total Return (3Y, Annualized)	18.99%	9.81%
Total Return (5Y, Annualized)	-1.23%	-2.76%

Risk Profile

Drawdown History

RMD

GSPC

ResMed (RMD) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for ResMed (RMD) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

ResMed (RMD) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: RMD	Industry group median
Volatility (1Y, Annualized)	30.80%	50.93%
Beta (5Y)	0.75	0.85
Max Drawdown (5Y)	-49.04%	-70.34%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. RMD is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

ResMed (RMD) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: RMD	Industry group median
Sharpe Ratio (1Y)	-0.31	0.34
Sortino Ratio (1Y)	-0.43	0.54

Profitability

ROE (TTM)

ResMed (RMD) posts ROE of 26.40%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.

RMD

Health Care Equipment & Services industry group

26.40%

Group distribution

Max: 47.61%
RMD: 26.40%
Q3: 14.36%
Median: 5.45%
Q1: -10.67%
Min: -47.01%

Largest peers

RMD: 26.40%
ISRG: 17.93%
SYK: 16.02%
UNH: 15.77%
MDT: 10.65%
ABT: 9.14%
MCK: --

Where ResMed (RMD) stands on ROE within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

ResMed (RMD) keeps 27.79% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

RMD

Health Care Equipment & Services industry group

27.79%

Group distribution

Max: 29.35%
RMD: 27.79%
Q3: 9.33%
Median: 2.18%
Q1: -6.29%
Min: -28.46%

Largest peers

RMD: 27.79%
ISRG: 25.54%
MDT: 13.93%
SYK: 13.78%
ABT: 9.75%
UNH: 3.53%
MCK: 1.12%

Where ResMed (RMD) stands on net margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

ResMed (RMD) turns 34.82% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

RMD

Health Care Equipment & Services industry group

34.82%

Group distribution

Max: 35.43%
RMD: 34.82%
Q3: 14.14%
Median: 6.81%
Q1: -0.28%
Min: -16.29%

Largest peers

RMD: 34.82%
ISRG: 33.29%
SYK: 22.96%
MDT: 19.33%
ABT: 11.66%
UNH: 5.82%
MCK: 1.48%

Where ResMed (RMD) stands on operating margin within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

ResMed (RMD) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: RMD	Industry group median
ROE (TTM)	26.40%	5.45%
ROA (TTM)	14.76%	3.17%
Net Margin (TTM)	27.79%	2.18%
Operating Margin (TTM)	34.82%	6.81%
Gross Margin (TTM)	61.77%	55.21%

Growth

Revenue Growth

ResMed (RMD) grew revenue 9.85%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

ResMed (RMD): Revenue Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

EPS Growth

No usable EPS growth is available for ResMed (RMD) this period, so the earnings-momentum read is skipped.

ResMed (RMD): EPS Growth across different time periods, set against Health Care Equipment & Services industry-group medians.

Growth Metrics

ResMed (RMD) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: RMD	Industry group median
Revenue Growth (YoY)	9.85%	11.55%
Revenue Growth (3Y CAGR)	10.21%	10.83%
EPS Growth (YoY)	--	4.88%
EPS Growth (3Y CAGR)	19.64%	14.59%

Financial Strength

Current Ratio (MRQ)

ResMed (RMD) has current ratio of 2.65, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

RMD

Health Care Equipment & Services industry group

2.65

Group distribution

Max: 7.59
Q3: 4.00
RMD: 2.65
Median: 1.98
Q1: 1.37
Min: 0.30

Largest peers

ISRG: 3.33
RMD: 2.65
SYK: 2.18
MDT: 2.07
ABT: 1.46
MCK: 0.90
UNH: 0.74

Where ResMed (RMD) stands on current ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

ResMed (RMD) has debt-to-equity ratio of 0.10, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.

RMD

Health Care Equipment & Services industry group

0.10

Group distribution

Max: 1.88
Q3: 0.91
Median: 0.58
Q1: 0.16
RMD: 0.10
Min: 0.00

Largest peers

UNH: 0.70
SYK: 0.66
ABT: 0.61
MDT: 0.55
RMD: 0.10
ISRG: --
MCK: --

Where ResMed (RMD) stands on debt-to-equity ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

ResMed (RMD) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: RMD	Industry group median
Current Ratio (MRQ)	2.65	1.98
Debt / Equity (MRQ)	0.10	0.58
Net Debt / EBITDA	-0.19	2.04

Dividends

Dividend Yield (TTM)

ResMed (RMD) has dividend yield of 1.03%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

RMD

Health Care Equipment & Services industry group

1.03%

Group distribution

RMD: 1.03%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

MDT: 2.72%
UNH: 2.29%
ABT: 2.22%
SYK: 1.05%
RMD: 1.03%
MCK: 0.32%
ISRG: 0.00%

Where ResMed (RMD) stands on dividend yield within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

ResMed (RMD) has payout ratio of 22.40%, above the peer distribution for its industry. The dividend consumes more reported earnings than peers normally do, leaving unusually thin earnings cover.

RMD

Health Care Equipment & Services industry group

22.40%

Group distribution

RMD: 22.40%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

ABT: 92.54%
MDT: 70.02%
UNH: 51.71%
SYK: 37.49%
RMD: 22.40%
MCK: 8.77%
ISRG: 0.00%

Where ResMed (RMD) stands on payout ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

ResMed (RMD) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: RMD	Industry group median
Dividend Yield (TTM)	1.03%	0.00%
Dividend Payout Ratio (TTM)	22.40%	0.00%

Valuation

P/E Ratio (TTM)

ResMed (RMD) trades at P/E ratio of 21.43, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

RMD

Health Care Equipment & Services industry group

21.43

Group distribution

Max: 80.41
Q3: 47.62
Median: 29.93
RMD: 21.43
Q1: 21.19
Min: 4.21

Largest peers

ISRG: 54.75
ABT: 41.02
SYK: 34.70
MCK: 27.36
MDT: 25.01
UNH: 22.50
RMD: 21.43

Where ResMed (RMD) stands on P/E ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

ResMed (RMD) trades at 5.77 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

RMD

Health Care Equipment & Services industry group

5.77

Group distribution

Max: 8.80
RMD: 5.77
Q3: 4.32
Median: 2.13
Q1: 1.10
Min: 0.03

Largest peers

ISRG: 13.82
RMD: 5.77
SYK: 4.72
ABT: 3.95
MDT: 3.47
UNH: 0.78
MCK: 0.29

Where ResMed (RMD) stands on P/S ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

ResMed (RMD) trades at 5.56 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

RMD

Health Care Equipment & Services industry group

5.56

Group distribution

Max: 11.68
Q3: 6.12
RMD: 5.56
Median: 3.00
Q1: 1.73
Min: -1.31

Largest peers

ISRG: 9.82
RMD: 5.56
SYK: 5.29
ABT: 3.73
UNH: 3.60
MDT: 2.59
MCK: -30.85

Where ResMed (RMD) stands on P/B ratio within its Health Care Equipment & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

ResMed (RMD) metric values compared with Health Care Equipment & Services industry-group medians
Metric	Current stock: RMD	Industry group median
P/E Ratio (TTM)	21.43	29.93
P/S Ratio (TTM)	5.77	2.13
P/B Ratio (MRQ)	5.56	3.00
Free Cash Flow Yield (TTM)	3.92%	3.50%