ResMed Inc (RMD)

Net profit margin

Jun 30, 2024 Jun 30, 2023 Jun 30, 2022 Jun 30, 2021 Jun 30, 2020
Net income US$ in thousands 1,020,950 897,556 779,437 474,505 621,674
Revenue US$ in thousands 4,681,150 4,175,350 3,649,870 3,265,510 2,957,010
Net profit margin 21.81% 21.50% 21.36% 14.53% 21.02%

June 30, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $1,020,950K ÷ $4,681,150K
= 21.81%

The net profit margin of ResMed Inc has shown a consistent positive trend over the past five years, ranging from 14.53% in 2021 to 21.81% in 2024. A higher net profit margin indicates that the company is effectively managing its costs relative to revenue, resulting in a greater percentage of revenue converted into profit. This trend suggests that ResMed Inc has been successful in controlling its expenses and driving efficiency in its operations, leading to improved profitability over the years. The relatively high and consistent net profit margins demonstrate the company's ability to generate profits from its core business activities. The positive trend in net profit margin is a favorable indication of ResMed Inc's financial health and operational effectiveness.


Peer comparison

Jun 30, 2024