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 | 4,685,300 | 4,222,990 | 3,578,130 | 3,196,820 | 2,957,010 |
| Operating profit margin | 28.17% | 26.80% | 27.96% | 28.27% | 27.38% |
June 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,319,890K ÷ $4,685,300K
= 28.17%
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.
Peer comparison
Jun 30, 2024