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RMD

ResMed|
$246.20
+0.29% Oct 21 close
Health CareS&P 500
-32%-20%-7%+5%+17%Oct 2025Oct 2026Apr 2026
RMDSPY
1W
+4.6%
1M
+10.1%
3M
+28.0%
6M
+11.5%
YTD
+3.0%
1Y
-7.2%

Live chart

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What they do

ResMed Inc. engages in the digital health and cloud-connected medical devices business in the United States and internationally. It operates in two segments, Sleep and Breathing Health, and Residential Care Software. The company offers sleep recorders for the diagnosis and titration of sleep apnea in sleep clinics, hospitals, and at home, including ApneaLink Air.

Healthcare · Medical Instruments & Supplies

For information only · Important disclosures

Grades vs sector

Momentum
23rd percentile in sector
D
12-1 return: -9.5%
Percentile within its GICS sector across the S&P 1500.
Growth
50th percentile in sector
C+
Revenue growth (YoY): +8.6%
Percentile within its GICS sector across the S&P 1500.
Value
49th percentile in sector
C+
Forward E/P: 5.5% · EBITDA/EV: 6.2%
Percentile within its GICS sector across the S&P 1500.
Profitability
85th percentile in sector
A-
Profit margin: +26.9% · Return on equity: +24.3%
Percentile within its GICS sector across the S&P 1500.
Revisions
Not enough data yet
–
EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
ranked 405 of 499 · 12-month momentum -11.4%
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Long Book
Not in the current book

News

More news
IHI, MDT, RMD, BDX: Large Outflows Detected at ETF
Nasdaq · 6h ago

Key stats

52-week range$182.30 – $273.72
Valuation and fundamentals

Valuation & fundamentals

Bottom line
Leans undervalued
Model read-out from the numbers below, not advice. Score +1 (DCF counts double).
•DCF (base case)above the price by 10%
▲Piotroski F-score7/9
▲Net debt / EBITDA-0.4x

Discounted cash flow

Bear
$172
-30%
growth 5% · disc. 10.2% · term. 2.0%
Base
$270
+10%
growth 10% · disc. 9.2% · term. 2.5%
Bull
$404
+64%
growth 13% · disc. 8.2% · term. 3.0%

A DCF starts from trailing free cash flow, so it can overstate value if the last 12 months were unusually strong (or weak). Use the bear case or edit the starting cash flow if so.

Reverse DCFfor context, not a signal
Not enough data to run a reverse DCF.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (FY to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.00 (n/a) × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Health Care

P/E (trailing)
sector median 29.9×
–
Forward P/E
sector median 17.6×
–
EV / EBITDA
sector median 15.8×
–
Price / sales
sector median 3.1×
–
Price / book
sector median 3.5×
–
FCF yield
sector median 4.1%
–

Quality & financial health

Gross margin
61.1%
Operating margin
33.4%
FCF margin
29.2%
Net margin
26.9%
Return on equity
23.1%
Return on invested capital
25.9%
Net debt / EBITDA
-0.4×
Current ratio
3.1×
Interest cover
84.2×
Cash conversion (OCF/NI)
1.2×
Piotroski F-score 7/9 · last two fiscal years
✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✓ Gross margin improved✓ Asset turnover improved

Analysts

No analyst targets available.

Annual history

FYRevenueNet incomeFree cash flow
2026$5.7B$1.5B$1.6B
2025$5.1B$1.4B$1.7B
2024$4.7B$1.0B$1.3B
2023$4.2B$897.6M$573.6M
2022$3.6B$779.4M$216.3M
2021$3.2B$474.5M$634.0M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR +10.2%.

Earnings

Next report: 2026-10-29 · after close · EPS est 2.67
24-1025-0125-0425-0725-1026-0126-0426-080.002.95
EstimateActual (beat)Actual (miss)
ReportEPS estActualSurprise
2026-08-062.892.95+2.0%
2026-04-302.802.86+2.1%
2026-01-292.722.81+3.1%
2025-10-302.502.55+2.0%
2025-07-312.482.55+2.8%
2025-04-232.362.37+0.4%
2025-01-302.312.43+5.0%
2024-10-242.042.20+7.7%
Insider trades
Farrell Michael J.
Director, Chairman and CEO · 2026-10-07
SELL
$1.1M
Farrell Michael J.
Director, Chairman and CEO · 2026-09-08
SELL
$1.1M
Farrell Peter C
Director · 2026-09-02
SELL
$227.7K
Farrell Michael J.
Director, Chairman and CEO · 2026-08-07
SELL
$1.0M
Farrell Peter C
Director · 2026-08-05
SELL
$1.8M
None
None · None
SELL
–
None
None · None
SELL
–
None
None · None
SELL
–
None
None · None
SELL
–

Stats refreshed 2026-10-20 18:11:43 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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coteau

Independent research · Not investment advice · Important disclosures · Contact desk@coteau.app

Coteau Systematic Strategies publishes stock research and model portfolios. Results are hypothetical unless marked Live. Data: Yahoo Finance (15-min delayed), SEC EDGAR and the House Clerk.

Beta 0.9 · Oct 21, 2026