ResMed (RMD) is trading up at $245.50 (+2.39%) on NYSE/NASDAQ, as of the latest quote. It is a S&P 500 constituent in the Health Care sector.
Current price targets from 3 firms average $255, median $262, ranging from $235 to $267 — the average is 4% above the current $246. Each is tracked to its date and scored the same way a member's call is.
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
| FY2017Jun 2017 | FY2018Jun 2018 | FY2019Jun 2019 | FY2020Jun 2020 | FY2021Jun 2021 | FY2022Jun 2022 | FY2023Jun 2023 | FY2024Jun 2024 | FY2025Jun 2025 | FY2026Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $2.07B | $2.34B | $2.61B | $2.96B | $3.20B | $3.58B | $4.22B | $4.69B | $5.15B | $5.65B |
| Growth (year over year) | +12.4% | +13.2% | +11.4% | +13.4% | +8.1% | +11.9% | +18.0% | +10.9% | +9.8% | +9.9% |
| Gross profit | $1.20B | $1.33B | $1.49B | $1.72B | $1.84B | $2.02B | $2.36B | $2.66B | $3.05B | $3.45B |
| Gross margin | 58.1% | 57.0% | 57.3% | 58.1% | 57.5% | 56.6% | 55.8% | 56.7% | 59.4% | 61.1% |
| Operating income | $425.8M | $541.8M | $579.3M | $809.7M | $903.7M | $1.00B | $1.13B | $1.32B | $1.69B | $1.89B |
| Operating margin | 20.6% | 23.2% | 22.2% | 27.4% | 28.3% | 28.0% | 26.8% | 28.2% | 32.7% | 33.4% |
| Net income | $342.3M | $315.6M | $404.6M | $621.7M | $474.5M | $779.4M | $897.6M | $1.02B | $1.40B | $1.52B |
| Net margin | 16.6% | 13.5% | 15.5% | 21.0% | 14.8% | 21.8% | 21.3% | 21.8% | 27.2% | 26.9% |
| EPS (diluted) | $2.40 | $2.19 | $2.80 | $4.27 | $3.24 | $5.30 | $6.09 | $6.92 | $9.51 | $10.43 |
| Balance sheet | ||||||||||
| Cash and equivalents | $821.9M | $188.7M | $147.1M | $463.2M | $295.3M | $273.7M | $227.9M | $238.4M | $1.21B | $1.47B |
| Total assets | $3.47B | $3.06B | $4.11B | $4.59B | $4.73B | $5.10B | $6.75B | $6.87B | $8.17B | $8.97B |
| Total liabilities | $1.51B | $1.00B | $2.04B | $2.09B | $1.84B | $1.74B | $2.62B | $2.01B | $2.21B | $2.38B |
| Long-term debt | $1.08B | $270.0M | $1.26B | $1.16B | $643.4M | $765.3M | $1.43B | $697.3M | $658.4M | $399.4M |
| Shareholders' equity | $1.96B | $2.06B | $2.07B | $2.50B | $2.89B | $3.36B | $4.13B | $4.86B | $5.97B | $6.59B |
| Cash flow | ||||||||||
| Operating cash flow | $414.1M | $505.0M | $459.1M | $802.3M | $736.7M | $351.1M | $693.3M | $1.40B | $1.75B | $1.81B |
| Capital expenditure | $62.2M | $62.6M | $68.7M | $95.3M | $102.7M | $134.8M | $119.7M | $99.5M | $89.9M | $156.3M |
| Free cash flow | $351.8M | $442.4M | $390.3M | $706.9M | $634.0M | $216.3M | $573.6M | $1.30B | $1.66B | $1.65B |
| Dividends paid | $186.3M | $199.5M | $211.7M | $225.1M | $226.7M | $245.3M | $258.3M | $282.3M | $310.9M | $349.7M |
| Share buybacks | — | $53.8M | $22.8M | — | — | $0 | $0 | $150.0M | $300.0M | $700.0M |
| Q1 FY25Sep 2024 | Q2 FY25Dec 2024 | Q3 FY25Mar 2025 | Q4 FY25†Jun 2025 | Q1 FY26Sep 2025 | Q2 FY26Dec 2025 | Q3 FY26Mar 2026 | Q4 FY26†Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $1.22B | $1.28B | $1.29B | $1.35B | $1.34B | $1.42B | $1.43B | $1.46B |
| Growth (year over year) | +11.1% | +10.3% | +7.9% | +10.2% | +9.1% | +11.0% | +10.8% | +8.6% |
| Gross profit | $717.2M | $751.3M | $766.4M | $820.1M | $820.8M | $878.7M | $891.0M | $861.2M |
| Gross margin | 58.6% | 58.6% | 59.3% | 60.8% | 61.5% | 61.8% | 62.2% | 58.8% |
| Operating income | $387.3M | $417.2M | $426.3M | $454.5M | $446.5M | $491.7M | $499.8M | $448.7M |
| Operating margin | 31.6% | 32.5% | 33.0% | 33.7% | 33.4% | 34.6% | 34.9% | 30.7% |
| Net income | $311.4M | $344.6M | $365.0M | $379.7M | $348.5M | $392.6M | $398.7M | $383.4M |
| Net margin | 25.4% | 26.9% | 28.3% | 28.2% | 26.1% | 27.6% | 27.9% | 26.2% |
| EPS (diluted) | $2.11 | $2.34 | $2.48 | $2.58 | $2.37 | $2.68 | $2.74 | $2.64 |
| Balance sheet | ||||||||
| Cash and equivalents | $426.4M | $521.9M | $932.7M | $1.21B | $1.38B | $1.42B | $1.66B | $1.47B |
| Total assets | $7.22B | $7.14B | $7.57B | $8.17B | $8.31B | $8.50B | $8.78B | $8.97B |
| Total liabilities | $2.03B | $1.89B | $2.02B | $2.21B | $2.19B | $2.18B | $2.29B | $2.38B |
| Long-term debt | $667.6M | $662.9M | $663.1M | $658.4M | $408.7M | $403.9M | $404.2M | $399.4M |
| Shareholders' equity | $5.20B | $5.25B | $5.55B | $5.97B | $6.12B | $6.32B | $6.49B | $6.59B |
| Cash flow | ||||||||
| Operating cash flow | $325.5M | $308.6M | $578.7M | $538.8M | $457.3M | $339.7M | $554.1M | $454.6M |
| Capital expenditure | $17.8M | $20.6M | $20.8M | $30.6M | $43.0M | $28.5M | $33.7M | $51.1M |
| Free cash flow | $307.7M | $288.0M | $557.9M | $508.2M | $414.4M | $311.2M | $520.5M | $403.5M |
| Dividends paid | $77.9M | $77.7M | $77.7M | $77.6M | $87.8M | $87.6M | $87.2M | $87.1M |
| Share buybacks | $50.0M | $75.0M | $75.0M | $100.0M | $150.0M | $175.0M | $175.0M | $200.0M |
From ResMed's 10-K and 10-Q filings with the SEC; its fiscal year ends in June. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
ResMed's latest reported figures next to the median of the other 59 S&P 500 Health Care companies and of the other 502 S&P 500 companies; each median is taken over the companies with a comparable figure (counts in the footnote). A median is the middle value, not an average, so one very large company does not move it.
| Measure | ResMed | Health Care (59 other S&P 500 companies) | S&P 500 (502 other companies) |
|---|---|---|---|
| Revenue growth, latest fiscal year | +9.9% | +7.1% | +7.0% |
| Net margin, latest fiscal year | 26.9% | 12.9% | 12.9% |
| Dividend per share, latest fiscal year | $2.40 | $2.48 | $2.40 |
| Share price change, 1 year | −9.5% | +22.8% | +7.5% |
ResMed: fiscal year ended June 2026, from its 10-K and 10-Q filings with the SEC. Medians computed October 20, 2026 from each company's latest annual filing (fiscal years ending between July 2025 and September 2026) and our price archive. Prices for every company, ResMed included, are the last regular-session prices of October 20, 2026; the 1-year change compares that price with each company's last close on or before October 20, 2025. Net margin and price change are our calculations from reported figures. Each median counts only the companies with a comparable figure (sector / S&P 500): revenue growth 59/496, net margin 59/496, dividend per share 32/349, 1-year price change 59/488; the reasons below can overlap. 14 are left out of the price figure because our archive holds no comparable close for them; dividend medians are among the 32 sector and 349 S&P 500 companies reporting a per-share dividend. The S&P 500 price figure is the middle company's change, not the index's return.
Resmed Inc. is a medical equipment company based in San Diego, California, and founded in Australia. It primarily provides cloud-connectable medical devices for the treatment of sleep apnea, chronic obstructive pulmonary disease (COPD), and other respiratory conditions. Resmed produced hundreds of thousands of ventilators and bilevel devices to help treat the respiratory symptoms of patients with COVID-19. Resmed also provides software to out-of-hospital care agencies to streamline transitions of care into and between these care settings for seniors and their care providers.
ResMed chairman & CEO Michael Farrell sells $1.1m in shares
ResMed chairman & CEO Michael Farrell sells $1.1m in shares
Stifel reiterates Hold on ResMed stock amid market share concerns
Stifel reiterates Hold on ResMed stock amid market share concerns
Her Husband Is Eleven Years Younger, and Because His Name Is the Only One on Her Beneficiary Form, the IRS Asks Her for a Smaller RMD Every Year Than Her Neighbor With the Same Balance
Her Husband Is Eleven Years Younger, and Because His Name Is the Only One on Her Beneficiary Form, the IRS Asks Her for a Smaller RMD Every Year Than Her Neighbor With the Same Balance
ResMed Targets 12%-14% EPS Growth as GLP-1 Patients Lift Sleep Therapy Demand
ResMed Targets 12%-14% EPS Growth as GLP-1 Patients Lift Sleep Therapy Demand
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He Has Four IRAs and One RMD. Every December He Takes the Whole Thing From a Single Account and Never Touches the Other Three. The IRS Wrote the Rule Itself, and It Doesn’t Work for 401(k)s
At 75 He Still Has a Paycheck and Still Hasn’t Taken a Single RMD From His 401(k). The Exception Is Written Into the Law, and the IRA Down the Street Doesn’t Get It
At 75 He Still Has a Paycheck and Still Hasn’t Taken a Single RMD From His 401(k). The Exception Is Written Into the Law, and the IRA Down the Street Doesn’t Get It
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A $2.25 Million Portfolio, Two Withdrawal Plans: One Triggers IRMAA and RMD Taxes, One Never Does
ResMed Inc. (RMD)’s Sleep Apnea Leadership Supports Growth Despite Rising Competitive Pressures
ResMed Inc. (RMD)’s Sleep Apnea Leadership Supports Growth Despite Rising Competitive Pressures
Retirees Who Turned 73 This Year Can Push Their First RMD to April 1. The Ones Who Do Take Two in 2027, and Some Pay a Medicare Bracket for It
Retirees Who Turned 73 This Year Can Push Their First RMD to April 1. The Ones Who Do Take Two in 2027, and Some Pay a Medicare Bracket for It
A 401(k) Millionaire’s First RMD Is About $37,700. Add a $40,000 Social Security Benefit and 85% of the Benefit Turns Taxable the Same Year
A 401(k) Millionaire’s First RMD Is About $37,700. Add a $40,000 Social Security Benefit and 85% of the Benefit Turns Taxable the Same Year
Sleep Device Maker ResMed Gets an Upgrade. Analysts See a Lot to Like.
Sleep Device Maker ResMed Gets an Upgrade. Analysts See a Lot to Like.
This Analyst Just Upgraded ResMed Stock. Here's Why.
This Analyst Just Upgraded ResMed Stock. Here's Why.
ResMed stock jumps 3% on RBC Capital upgrade to Outperform
ResMed stock jumps 3% on RBC Capital upgrade to Outperform
He Took Social Security at 62 to ‘Let the IRA Grow.’ It Grew Into a $24,000 RMD at 73, Taxed in the Bracket Social Security Had Already Filled
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ResMed at Morgan Stanley healthcare conference: growth, margins, GLP-1 tailwind
ResMed at Morgan Stanley healthcare conference: growth, margins, GLP-1 tailwind
ResMed Stock: Is RMD Underperforming the Healthcare Sector?
ResMed Stock: Is RMD Underperforming the Healthcare Sector?
A 72-Year-Old Can Still Move Up to $210,000 Into a QLAC and Cut Next Year’s RMD by About $7,900. The Check Doesn’t Start Until 85, and Neither Does the Tax
A 72-Year-Old Can Still Move Up to $210,000 Into a QLAC and Cut Next Year’s RMD by About $7,900. The Check Doesn’t Start Until 85, and Neither Does the Tax
Why Retirees With $1.4 Million Are Taking $60,000 a Year at 62 Instead of Waiting for a $100,000 RMD at 73
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A $1.65 Million Portfolio, Two Withdrawal Plans: One Triggers IRMAA and RMD Taxes, One Never Does
A $1.65 Million Portfolio, Two Withdrawal Plans: One Triggers IRMAA and RMD Taxes, One Never Does