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 | 4,685,300 | 4,222,990 | 3,578,130 | 3,196,820 | 2,957,010 |
| Net profit margin | 21.79% | 21.25% | 21.78% | 14.84% | 21.02% |
June 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,020,950K ÷ $4,685,300K
= 21.79%
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