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ResMed

Health Care Equipment

Health Care EquipmentAnalysis in progress
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Business at a glance

Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work

Operating health86
Growth58
Profitability95
Cash generation95
Balance sheet100
Dilution control82
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)5.9%Revenue growth (FY)9.9%Revenue CAGR (3y)10.2%Gross margin61.1%Operating margin33.4%Net margin26.9%Free cash flow margin29.2%R&D / revenue6.7%Stock comp / revenue1.8%Net debt / operating cash flow-0.45xCurrent ratio3.10Diluted share count change-0.9%
Fiscal year endingFY 2022-06FY 2023-06FY 2024-06FY 2025-06FY 2026-06
Revenue$3.6B$4.2B$4.7B$5.1B$5.7B
Gross profit$2.0B$2.4B$2.7B$3.1B$3.5B
Operating income$1.0B$1.1B$1.3B$1.7B$1.9B
Net income$779M$898M$1.0B$1.4B$1.5B
Operating cash flow$351M$693M$1.4B$1.8B$1.8B
Capital expenditure$135M$120M$99M$90M$156M
Free cash flow$216M$574M$1.3B$1.7B$1.6B
R&D$254M$288M$308M$331M$378M
Stock-based comp$65M$71M$80M$92M$104M
Buybacks$0$0$150M$300M$700M
Dividends$245M$258M$282M$311M$350M
Cash$274M$228M$238M$1.2B$1.5B
Total debt$775M$1.4B$707M$668M$659M
Equity$3.4B$4.1B$4.9B$6.0B$6.6B

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