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	4,681,150	4,175,350	3,649,870	3,265,510	2,957,010
Gross profit margin		56.72%	56.42%	55.46%	56.32%	58.09%

June 30, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,655,300K ÷ $4,681,150K
= 56.72%

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.