ResMed Inc (RMD)

Operating profit margin

		Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Operating income	US$ in thousands	1,319,890	1,131,870	1,000,290	903,678	809,659
Revenue	US$ in thousands	4,681,150	4,175,350	3,649,870	3,265,510	2,957,010
Operating profit margin		28.20%	27.11%	27.41%	27.67%	27.38%

June 30, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $1,319,890K ÷ $4,681,150K
= 28.20%

ResMed Inc's operating profit margin has shown stability and consistency over the past five years, ranging from 27.11% to 28.20%. This indicates the company's ability to effectively manage its operating expenses in relation to its revenue generation. The slight fluctuations in the operating profit margin suggest that ResMed has maintained strong operational efficiency despite potential changes in market conditions. Overall, the consistent operating profit margin demonstrates ResMed's ability to generate profits from its core business operations over the years, highlighting its financial stability and effective cost management strategies.