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ResMed Inc. (RMD)

Healthcare Dividend payer

ResMed is a medical technology company that designs and manufactures devices to help people with sleep-related breathing disorders, like sleep apnoea.

$210.98

Is ResMed Inc. a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Strong profit margins showing a healthy core business. Worth weighing: Recent negative share price performance. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price-1.7%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range-22% past year
$210.98
Low $180.27High $293.81
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into ResMed Inc.
$983-2%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has ResMed Inc. actually fallen?

−38%

Over the last 2 years of daily prices, ResMed Inc. fell as much as −38% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$30.60B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
1.50M
Day range: The lowest and highest price the shares traded at during the latest day.
$205.22 – $211.78
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$180.27 – $293.81
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
20.3
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
1.1%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
0.78
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 0.78
Calm
Wild
Steadier than most

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +2% past week · ▼ -22% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Dominance in the digital health and remote monitoring space.

The bear case

Technological disruption making current devices obsolete.

What does ResMed Inc. do?

ResMed makes the machines, masks, and software that help people breathe properly while they sleep. Income flows from selling these devices to patients and healthcare providers, along with digital services that help doctors track how well a patient's treatment is working. How they handle competition will be telling, especially as new weight-loss drugs grow more popular and some worry this might reduce the long-term need for their breathing devices.

VQGMI
Factor profile

On our factor screen it looks strongest on quality and income, and weakest on momentum.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 50Quality: How profitable and financially healthy the company is (higher = stronger). 80Growth: How fast revenue and earnings are growing (higher = faster). 47Momentum: How the share price has been trending recently (higher = stronger recent run). 31Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 65
Quick checks
What's strong
  • Quality screens high (80/100)
  • Strong profit margins showing a healthy core business
  • High return on equity suggests efficient management
  • Essential nature of products provides a steady customer base
What to watch
  • Momentum screens low (31/100)
  • Competition from new weight-loss medications
  • Potential for government healthcare budget cuts
  • Dependence on global supply chains for manufacturing

What do ResMed Inc.'s numbers mean?

P/E
19.7
This shows how much you are paying for every pound of the company's annual profit; a lower number can sometimes suggest a company is cheaper relative to its earnings.
Lower than most of the 61 Healthcare shares we cover
Gross margin
62.2%
This tells us that for every pound of sales, the company keeps over 60 pence after paying for the direct costs of making their products.
Around the middle of the 74 Healthcare shares we cover
Return on equity
25.2%
This measures how efficiently the company uses the money invested by shareholders to generate profit, with a higher percentage generally being a good sign.
Higher than most of the 66 Healthcare shares we cover
Beta
0.8
This indicates that the share price tends to be slightly less jumpy or volatile than the wider stock market.

How much money does ResMed Inc. make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$357.85M$715.70M$1.07B$1.43BQ1 25Q2 25Q3 25Q4 25Q1 26
Gross margin
62.2%
Net margin
27.4%
Return on equity
25.2%

Does ResMed Inc. pay a dividend?

Yes - ResMed Inc. currently pays a dividend of about 1.1% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

What do the numbers say about ResMed Inc.'s dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield1.1%The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio22%The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover4.5×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

When does ResMed Inc. report earnings, and how did recent quarters go?

ResMed Inc. is next scheduled to report on about 2026-08-06 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

ResMed Inc.: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-04-30$2.80$2.86Beat +2%
2026-01-29$2.72$2.81Beat +3%
2025-10-30$2.50$2.55Beat +2%
2025-07-31$2.48$2.55Beat +3%
2025-04-23$2.36$2.37In line
2025-01-30$2.31$2.43Beat +5%

Across the last 6 quarters here, ResMed Inc. came in ahead of what analysts expected 5 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Healthcare

Eli LillyWest Pharmaceutical Services, Inc.Incyte CorporationThe Cigna GroupZimmer Biomet Holdings, Inc.Moderna, Inc.Gilead Sciences, Inc.Regeneron Pharmaceuticals, Inc.

What are the scenarios for ResMed Inc.?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$283$211$182today · $211▲ Bull · $227• Base · $211▼ Bear · $195in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Stronger than expected demand for new device models.
Base
-2% to +2%Steady sales growth in line with current trends.
Bear
-5% to -10%Supply chain issues or increased pricing pressure.

What are the pros and cons of ResMed Inc.?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Strong profit margins showing a healthy core business
  • High return on equity: How much profit the company makes for each £1 shareholders have put in. Higher usually means a more efficient business. suggests efficient management
  • Essential nature of products provides a steady customer base
The catch3
  • Recent negative share price performance
  • Relatively low dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. compared to other sectors
  • High reliance on a specific niche of medical devices
Key risks3
  • Competition from new weight-loss medications
  • Potential for government healthcare budget cuts
  • Dependence on global supply chains for manufacturing
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.