ResMed Inc (RMD)
Fixed asset turnover
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 5,146,330 | 4,685,300 | 4,222,990 | 3,578,130 | 3,196,820 |
| Property, plant and equipment | US$ in thousands | 718,287 | 699,146 | 665,811 | 630,495 | 592,065 |
| Fixed asset turnover | 7.16 | 6.70 | 6.34 | 5.68 | 5.40 |
June 30, 2025 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $5,146,330K ÷ $718,287K
= 7.16
The fixed asset turnover ratio for ResMed Inc. demonstrates a consistent upward trend over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio increased from 5.40 in June 2021 to 6.70 in June 2024, reflecting a progressive enhancement in the company's efficiency in utilizing its fixed assets to generate sales. The further projected increase to 7.16 in June 2025 suggests continued improvements in asset utilization or a strategic expansion of sales relative to fixed assets. Overall, the escalating fixed asset turnover ratios indicate that ResMed Inc. has been effectively leveraging its fixed assets to support revenue growth over the period, which may point to operational efficiencies or investments in more productive assets.
Peer comparison
Jun 30, 2025