Company Analysis

ResMed Inc. (RMD)

NYSE: RMD · Surgical & Medical Instruments & Apparatus · San Diego, CA · filing with the SEC since 1996
Grade6.8
◀ Past 6.9● Present 7.8▶ Future 5.4

The grade of ResMed Inc.

Nine metrics read from its own filings, by tense
Headline grade
6.8/10
◀ Past6.930% of the headline
● Present7.840% of the headline
▶ Future5.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
5.5/10

Has it survived what it has been through?

1 warning event since 2017; the latest 2026-08-17.

weight 33% of this tense · 55th percentile among 121 sector filers · read for itself

From the record

ResMed Inc.'s filings since 2017 show 1 warning event: an auditor change (8-K item 4.01, the latest 2026-08-17) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
7.6/10

What has it actually done, year after year?

+11.8% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 76th percentile among 105 sector filers · read for its customers

From the record

ResMed Inc.'s 10 filed years say what it did: revenue went from $2.1 billion in fiscal 2017 to $5.7 billion in fiscal 2026, up 11.8% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span11.8%bottom 42% of its family
  • the share of years revenue rosetop 15% of its family
  • the share of filed years with a profittop 6% of its family
  • the deepest fall from a revenue peak0.0%top 16% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.5/10

How has it treated the people who own it?

Share count shrank 0.3% a year. 42% of cash flow returned. Insiders: 29 sales, 0 purchases.

weight 22% of this tense · 75th percentile among 40 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2026-06-30, ResMed Inc.'s diluted share count shrank about 0.3% a year, and dividends and buybacks returned about 42% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 29 sales (29 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-13 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 14% of its family
  • cash returned against operating cash flowtop 35% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

7.8/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
7.8/10

Is it financially healthy right now?

ROE 23%: 23¢ of profit per shareholder dollar. Leverage 27%: owes 27¢ per asset dollar.

weight 45% of this tense · 78th percentile among 120 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2026-06-30, ResMed Inc. earned about 23 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 38 cents per dollar of everything the company owns. Leverage: it owed about 27 cents per dollar of assets, and net share issuance: its share count shrank 0.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 30% of its family
  • return on equitytop 6% of its family
  • gross profit against assetstop 40% of its family
  • the share count against the year beforetop 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.8/10

How strong is its position in its industry?

top 22% of 109 in its family; net margin 26.9%.

weight 33% of this tense · 78th percentile among 109 sector filers · read for its customers

From the record

ResMed Inc.'s standing among 109 graded names in its industry family: revenue of $5.7 billion in fiscal 2026 ranks in the top 7% by size; a net margin of 26.9% ranks in the top 3%; revenue growth of 10.2% a year over the last 3 filed years ranks in the bottom 44% (its annual reports).

What it rests on

  • revenue against the family$5.65Btop 7% of its family
  • net margin26.9%top 3% of its family
  • three-year revenue growth10.2%bottom 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.0/10

What are the people in charge doing?

top 20% of 91 in its family for leadership; chief executive since 2013.

weight 22% of this tense · 80th percentile among 91 sector filers · read for its shareholders

From the record

ResMed Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Farrell, Michael J. (Chairman and CEO, as filed), filing under that title since 2013-03-05, 13.7 years (top 7% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 7.7 years (top 20%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 32%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge6 in three years among 16 peopletop 32% of its family
  • the median years the people in charge have filed7.7 yearstop 20% of its family
  • the chief executive's years on the record13.7 yearstop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

5.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.8/10

How much room does it have to grow?

top 42% of 104 in its family for room to expand.

weight 45% of this tense · 58th percentile among 104 sector filers · read for itself

From the record

ResMed Inc.'s room to grow, from the newest filed statements (fiscal 2026): cash of $1.5 billion against debt of $399 million leaves 11.9% of its assets as net cash, top 48% of its family; cash from operations less capital spending is 29.2% of revenue (top 3%); a gross margin of 61.1% (bottom 50%); research spending of 6.7% of revenue (bottom 32%) (its annual report).

What it rests on

  • cash less debt against assets11.9%top 48% of its family
  • cash from operations less capital spending against revenue29.2%top 3% of its family
  • gross margin61.1%top 50% of its family
  • research spending against revenue6.7%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.2/10

What could actually drive growth from here?

top 48% of 105 in its family for growth drivers.

weight 33% of this tense · 52nd percentile among 105 sector filers · read for its customers

From the record

ResMed Inc.'s growth drivers, from the filed years to fiscal 2026: revenue grew 10.2% a year over the last three filed years against 11.8% over all 10, slowing (bottom 42% of its family); the newest year grew 9.9% (bottom 40%); research spending grew 9.6% a year (top 36%); capital spending grew 9.3% a year (top 37%) (its annual reports). ResMed Inc. reported 2 lines of business in fiscal 2026: Sleep and Breathing Health at $5.0 billion (88%), Residential Care Software at $676 million (12%); 2 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-1.6 points a yearbottom 42% of its family
  • the newest year's revenue growth9.9%bottom 40% of its family
  • three-year growth of research spending9.6%top 36% of its family
  • three-year growth of capital spending9.3%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.1/10

Did its newest year beat what its own record pointed to?

top 49% of 88 in its family for expectations against reality.

weight 22% of this tense · 51st percentile among 88 sector filers · read for its shareholders

From the record

ResMed Inc.'s newest year against its own record: revenue of $5.7 billion in fiscal 2026 came in 0.5% below the $5.7 billion its prior three years' pace pointed to (top 42% of its family); net income of $1.5 billion against a prior three-year average of $1.1 billion (top 40%); a net margin of 26.9% against 23.4% before (bottom 36%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-0.5%top 42% of its family
  • net income against the prior three years' average+38%top 40% of its family
  • net margin against its prior average+3.5 pointsbottom 36% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton RMD · research, not advice