ResMed (RMD) is trading up at $235.29 (+0.11%) 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 8% above the current $235. 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 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
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Sleep Device Maker ResMed Gets an Upgrade. Analysts See a Lot to Like.
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