ResMed (ASX: RMD) is an Australian-listed company in the Healthcare sector with a market capitalisation of $44.27B and the 24th-largest security on the ASX by market capitalisation. The RMD share price is $30.52, up 4.34% today and down 21.44% over the past 12 months. Shares have traded between $25.50 and $45.25 over the past 52 weeks. RMD trades on a price-to-earnings ratio of 20.63, above the Healthcare sector median of 10.89, and pays a trailing dividend yield of 0.27%. In its most recent reported period (ending 31 Mar 2026), ResMed reported revenue of $1.42B and a net profit of $395.1M (27.9% margin).
About ResMed Inc.
ResMed Inc. designs, manufactures, and markets innovative medical devices and sophisticated cloud-based software platforms for the global healthcare industry, operating through its Sleep and Respiratory Care, and Software as a Service divisions. Within its Sleep and Respiratory Care segment, the company offers a comprehensive range of solutions for various respiratory disorders. These include cutting-edge ventilation devices, diagnostic tools, diverse mask systems suitable for hospital and home environments, headgear, accessories, and specialized dental devices. These hardware offerings are integrated with cloud-based informatics solutions designed to optimize patient management and improve clinical results. Prominent software applications in this area feature AirView, a cloud platform for remote patient monitoring and device setting modifications; myAir, a personalized therapy management tool for sleep apnea sufferers, providing education, support, and troubleshooting to enhance engagement and adherence; and U-Sleep, a compliance monitoring system that streamlines sleep programs for home medical equipment (HME) providers. The company also offers connectivity modules and Propeller solutions. The Software as a Service division specializes in out-of-hospital care solutions. Brightree provides business management software and services to providers in the home medical equipment, pharmacy, home infusion, orthotics, and prosthetics sectors. MatrixCare delivers care management and ancillary solutions to senior living communities, skilled nursing facilities, life plan communities, home health, home care, and hospice organizations, including related accountable care organizations. Furthermore, HEALTHCAREfirst supplies electronic health record (EHR) systems, software, billing and coding services, and analytics tailored for home health and hospice agencies. ResMed distributes its extensive product line to sleep clinics, home healthcare dealers, and hospitals in approximately 140 countries, utilizing both a direct sales force and a network of distributors. The company was founded in 1989 and is based in San Diego, California.
