ResMed Gross Profit from 2010 to 2024

RMD Stock  USD 233.18  0.70  0.30%   
ResMed's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 2.8 B this year. Gross Profit is the profit ResMed Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1992-09-30
Previous Quarter
704.3 M
Current Value
717.2 M
Quarterly Volatility
193.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ResMed financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ResMed's main balance sheet or income statement drivers, such as Depreciation And Amortization of 227 M, Interest Expense of 48 M or Total Revenue of 4.9 B, as well as many indicators such as Price To Sales Ratio of 4.26, Dividend Yield of 0.0138 or PTB Ratio of 4.77. ResMed financial statements analysis is a perfect complement when working with ResMed Valuation or Volatility modules.
  
Check out the analysis of ResMed Correlation against competitors.

Latest ResMed's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of ResMed Inc over the last few years. Gross profit is a required income statement account that reflects total revenue of ResMed Inc minus its cost of goods sold. It is profit before ResMed operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. ResMed's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ResMed's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.39 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

ResMed Gross Profit Regression Statistics

Arithmetic Mean1,487,639,677
Geometric Mean1,006,974,649
Coefficient Of Variation50.71
Mean Deviation600,444,988
Median1,362,164,000
Standard Deviation754,377,266
Sample Variance569085.1T
Range2.8B
R-Value0.97
Mean Square Error35983.5T
R-Squared0.94
Slope163,656,929
Total Sum of Squares7967190.8T

ResMed Gross Profit History

20242.8 B
20232.7 B
20222.4 B
2021B
20201.8 B
20191.7 B
20181.5 B

Other Fundumenentals of ResMed Inc

ResMed Gross Profit component correlations

0.970.740.980.950.970.910.88-0.110.90.710.490.970.760.58-0.650.98-0.480.610.87-0.2-0.450.810.82-0.680.060.7
0.970.590.990.970.970.790.91-0.140.780.650.460.920.740.39-0.550.97-0.30.440.81-0.24-0.460.710.82-0.640.140.79
0.740.590.640.60.630.90.4-0.190.940.820.150.850.430.86-0.490.73-0.760.780.7-0.05-0.420.860.64-0.69-0.150.32
0.980.990.640.980.980.830.9-0.090.820.640.490.940.740.45-0.630.97-0.390.510.85-0.16-0.440.750.79-0.670.080.76
0.950.970.60.980.960.790.85-0.130.80.640.440.920.690.39-0.580.95-0.410.530.83-0.22-0.460.740.75-0.650.030.82
0.970.970.630.980.960.840.88-0.110.840.610.550.930.740.46-0.690.95-0.460.540.87-0.14-0.430.760.72-0.72-0.040.72
0.910.790.90.830.790.840.71-0.060.980.730.490.930.680.83-0.730.87-0.740.820.85-0.12-0.380.880.7-0.65-0.090.43
0.880.910.40.90.850.880.710.110.630.410.650.750.80.38-0.650.82-0.180.420.72-0.26-0.210.520.73-0.370.330.62
-0.11-0.14-0.19-0.09-0.13-0.11-0.060.11-0.16-0.440.18-0.2-0.07-0.03-0.14-0.220.020.11-0.060.190.49-0.29-0.170.450.31-0.12
0.90.780.940.820.80.840.980.63-0.160.790.380.950.60.79-0.640.89-0.780.810.83-0.12-0.460.910.69-0.74-0.180.5
0.710.650.820.640.640.610.730.41-0.440.790.060.810.540.58-0.230.79-0.420.510.68-0.46-0.610.850.82-0.66-0.020.51
0.490.460.150.490.440.550.490.650.180.380.060.350.810.36-0.840.41-0.320.420.64-0.02-0.120.430.25-0.27-0.070.17
0.970.920.850.940.920.930.930.75-0.20.950.810.350.660.63-0.570.98-0.580.660.86-0.17-0.510.890.8-0.76-0.050.68
0.760.740.430.740.690.740.680.8-0.070.60.540.810.660.45-0.690.73-0.230.430.84-0.27-0.380.710.7-0.440.140.47
0.580.390.860.450.390.460.830.38-0.030.790.580.360.630.45-0.60.5-0.760.880.590.01-0.060.70.49-0.38-0.030.05
-0.65-0.55-0.49-0.63-0.58-0.69-0.73-0.65-0.14-0.64-0.23-0.84-0.57-0.69-0.6-0.560.6-0.64-0.78-0.130.2-0.61-0.260.480.28-0.12
0.980.970.730.970.950.950.870.82-0.220.890.790.410.980.730.5-0.56-0.450.550.85-0.29-0.560.830.83-0.730.00.73
-0.48-0.3-0.76-0.39-0.41-0.46-0.74-0.180.02-0.78-0.42-0.32-0.58-0.23-0.760.6-0.45-0.87-0.53-0.150.23-0.67-0.160.520.53-0.11
0.610.440.780.510.530.540.820.420.110.810.510.420.660.430.88-0.640.55-0.870.65-0.02-0.030.720.39-0.38-0.170.23
0.870.810.70.850.830.870.850.72-0.060.830.680.640.860.840.59-0.780.85-0.530.65-0.1-0.440.910.68-0.71-0.120.55
-0.2-0.24-0.05-0.16-0.22-0.14-0.12-0.260.19-0.12-0.46-0.02-0.17-0.270.01-0.13-0.29-0.15-0.02-0.10.41-0.1-0.440.0-0.25-0.21
-0.45-0.46-0.42-0.44-0.46-0.43-0.38-0.210.49-0.46-0.61-0.12-0.51-0.38-0.060.2-0.560.23-0.03-0.440.41-0.51-0.410.670.31-0.33
0.810.710.860.750.740.760.880.52-0.290.910.850.430.890.710.7-0.610.83-0.670.720.91-0.1-0.510.67-0.79-0.260.49
0.820.820.640.790.750.720.70.73-0.170.690.820.250.80.70.49-0.260.83-0.160.390.68-0.44-0.410.67-0.460.460.72
-0.68-0.64-0.69-0.67-0.65-0.72-0.65-0.370.45-0.74-0.66-0.27-0.76-0.44-0.380.48-0.730.52-0.38-0.710.00.67-0.79-0.460.47-0.43
0.060.14-0.150.080.03-0.04-0.090.330.31-0.18-0.02-0.07-0.050.14-0.030.280.00.53-0.17-0.12-0.250.31-0.260.460.470.25
0.70.790.320.760.820.720.430.62-0.120.50.510.170.680.470.05-0.120.73-0.110.230.55-0.21-0.330.490.72-0.430.25
Click cells to compare fundamentals

About ResMed Financial Statements

ResMed stakeholders use historical fundamental indicators, such as ResMed's Gross Profit, to determine how well the company is positioned to perform in the future. Although ResMed investors may analyze each financial statement separately, they are all interrelated. For example, changes in ResMed's assets and liabilities are reflected in the revenues and expenses on ResMed's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ResMed Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit2.7 B2.8 B
Gross Profit Margin 0.57  0.67 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ResMed Inc is a strong investment it is important to analyze ResMed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ResMed's future performance. For an informed investment choice regarding ResMed Stock, refer to the following important reports:
Check out the analysis of ResMed Correlation against competitors.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ResMed. If investors know ResMed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ResMed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.416
Dividend Share
1.97
Earnings Share
7.53
Revenue Per Share
32.711
Quarterly Revenue Growth
0.111
The market value of ResMed Inc is measured differently than its book value, which is the value of ResMed that is recorded on the company's balance sheet. Investors also form their own opinion of ResMed's value that differs from its market value or its book value, called intrinsic value, which is ResMed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ResMed's market value can be influenced by many factors that don't directly affect ResMed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ResMed's value and its price as these two are different measures arrived at by different means. Investors typically determine if ResMed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ResMed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.