ResMed Inc (RMD)

Gross profit margin

Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020
Gross profit US$ in thousands 2,655,300 2,355,660 2,024,310 1,839,100 1,717,790
Revenue US$ in thousands 4,685,300 4,222,990 3,578,130 3,196,820 2,957,010
Gross profit margin 56.67% 55.78% 56.57% 57.53% 58.09%

June 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,655,300K ÷ $4,685,300K
= 56.67%

ResMed Inc's gross profit margin has shown stability over the past five years, ranging from 55.46% in June 2022 to 58.09% in June 2020. The company's ability to generate profit from its core operations has been consistent, with the most recent figure reported at 56.72% in June 2024. This indicates that ResMed Inc effectively manages its production costs and pricing strategies to maintain a healthy level of profitability. While there have been minor fluctuations, the overall trend suggests a solid performance in terms of gross profit margin.