ResMed Inc (RMD)
Total 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 |
| Total assets | US$ in thousands | 8,174,390 | 6,872,390 | 6,751,710 | 5,095,850 | 4,728,120 |
| Total asset turnover | 0.63 | 0.68 | 0.63 | 0.70 | 0.68 |
June 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $5,146,330K ÷ $8,174,390K
= 0.63
The total asset turnover ratio for ResMed Inc. exhibits fluctuations over the analyzed period from June 30, 2021, to June 30, 2025. Specifically, the ratio increased modestly from 0.68 in 2021 to 0.70 in 2022, indicating a slight improvement in the company's efficiency in generating sales relative to its total assets during that year. However, a subsequent decline occurred in 2023, with the ratio falling to 0.63, suggesting a decrease in asset utilization efficiency. This lower ratio persisted into 2024, where it rebounded to 0.68, returning to a level comparable to the 2021 figure. By 2025, the ratio again declined to 0.63, reflecting a cyclical pattern of asset utilization efficiency over the analyzed period. Overall, the trend indicates periods of marginal improvement interspersed with declines, with the ratio remaining within a relatively narrow range, implying that the company's asset utilization efficiency has experienced some volatility but has not exhibited a long-term upward or downward trajectory over these years.
Peer comparison
Jun 30, 2025