ResMed Inc (RMD)
Net profit margin
Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net income (ttm) | US$ in thousands | 1,400,723 | 1,313,254 | 1,248,705 | 1,112,883 | 1,020,950 | 958,378 | 890,386 | 906,500 | 897,556 | 862,953 | 809,465 | 786,302 | 779,437 | 779,474 | 521,981 | 499,744 | 474,503 | 457,240 | 698,858 | 679,898 |
Revenue (ttm) | US$ in thousands | 5,146,330 | 5,021,540 | 4,926,780 | 4,807,490 | 4,546,017 | 4,444,877 | 4,364,797 | 4,235,737 | 4,222,994 | 4,015,671 | 3,763,271 | 3,624,405 | 3,578,126 | 3,539,492 | 3,443,759 | 3,348,896 | 3,196,825 | 3,091,065 | 3,091,753 | 3,027,899 |
Net profit margin | 27.22% | 26.15% | 25.35% | 23.15% | 22.46% | 21.56% | 20.40% | 21.40% | 21.25% | 21.49% | 21.51% | 21.69% | 21.78% | 22.02% | 15.16% | 14.92% | 14.84% | 14.79% | 22.60% | 22.45% |
June 30, 2025 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,400,723K ÷ $5,146,330K
= 27.22%
The net profit margin of ResMed Inc. demonstrates notable fluctuations over the analyzed period. From September 30, 2020, to December 31, 2021, the margin remained relatively stable, oscillating around the 14.8% to 15.2% range. This indicates a period of consistent profitability margins amidst steady revenues and expenses during this timeframe.
In the subsequent period from March 31, 2022, to September 30, 2022, the net profit margin experienced minimal slight decline, settling approximately between 21.69% and 21.78%. This suggests an improvement in profitability, potentially attributable to increased revenues, cost efficiencies, or both.
However, the end of 2022 marked a slight decrease, with the margin dropping to approximately 20.40% by December 31, 2023. Despite this, the margin remained within a relatively consistent band from March 2023 through the first half of 2024, fluctuating narrowly around 21.25% to 21.56%.
From the second half of 2024 onward, a significant upward trend emerges. The net profit margin climbs substantially, reaching 25.35% as of December 31, 2024, and further increasing in the subsequent quarters to 26.15% by March 31, 2025, and 27.22% by June 30, 2025. This sharp increase indicates improved profitability efficiencies, possibly driven by higher revenue quality, cost containment strategies, or favorable market conditions.
In summary, while the company experienced relatively stable profit margins in the earlier years, recent periods reflect an improving trend, culminating in a substantial increase in net profit margin by mid-2025. This progression suggests enhanced profitability and operational efficiency over the analyzed timeframe.
Peer comparison
Jun 30, 2025