RMD vs EW Stock Comparison

Resmed and Edwards Lifesciences Prices as of Oct 26, 2026 Peers: Industry group
RMD Resmed Inc
$253.24 +14.1% 1M -2.4% 1Y
Market cap
$36.44B
P/E
23.9x
Revenue (TTM)
$5.65B
Div. yield
–
Medical Devices Healthcare
6 wins
EW Edwards Lifesciences Corp
$90.57 +5.0% 1M +19.0% 1Y
Market cap
$52.27B
P/E
52.0x
Revenue (TTM)
$6.51B
Div. yield
–
Medical Devices Healthcare
5 wins

Head to Head

11 decided of 12

Resmed leads on 6 of the 12 questions below (Resmed 6, Edwards Lifesciences 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionRMDEWLeader
Larger companyMarket capitalisation $36.44B $52.27B EW
Cheaper on earningsLower P/E, profitable companies only 23.9x 52.0x RMD
Cheaper on forward earningsLower price / next fiscal year consensus EPS 19.7x 32.0x RMD
Faster revenue growthRevenue growth, trailing twelve months +9.9% +14.6% EW
More profitableNet margin, trailing twelve months 26.9% 15.4% RMD
Better return on capitalReturn on invested capital 20.8% 9.0% RMD
Less leveragedLower net debt / EBITDA -0.4x -2.3x EW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -2.4% +19.0% EW
Better 5-year returnAnnualised price return, 5 years -1.1%/yr -4.8%/yr RMD
Less volatileAnnualised volatility, 1 year 29.1% 24.8% EW
Higher overall scoreMean of the five percentile scores vs peers 78/100 77/100 RMD

Percentile Scorecard

RMDEW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisRMDEW
Valuation 72 #64 of 228 63 #84 of 228
Growth 63 #82 of 221 54 #103 of 221
Profitability 99 #3 of 208 95 #12 of 208
Financial Health 75 #60 of 239 87 #32 of 239
Shareholder Returns 78 #31 of 137 88 #17 of 137
Overall 78 77
  • RMD ranked among 248 companies in Medical Devices and Diagnostics
  • EW ranked among 248 companies in Medical Devices and Diagnostics

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodRMDEWSPY
1 month +14.1%+5.0% -0.8%
3 months +24.7%+9.0% +3.5%
6 months +14.1%+8.5% +7.0%
Year to date +5.1%+6.2% +12.2%
1 year -2.4%+19.0% +13.0%
3 years +88.1%+46.8% +86.3%
3 years, per year +23.5%+13.7% +23.1%
5 years -5.5%-22.0% +68.6%
5 years, per year -1.1%-4.8% +11.0%
10 years +318.2%+188.3% +258.0%
10 years, per year +15.4%+11.2% +13.6%

Risk

MeasureRMDEWSPY
Volatility, 1Y 29.1%24.8% 12.7%
Downside volatility, 1Y 30.8%24.5% 12.7%
Beta vs S&P 500, 1Y 0.400.58 1.00
Return / volatility, 1Y -0.080.77 1.02
Max drawdown, 5Y -49.9%-54.3% -25.4%
From 52-week high -8.2%-4.8% -1.8%
52-week high $275.96$95.17 $779.14
52-week low $182.82$75.87 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleRMDEW
P/E now vs peer median 24.2xmedian 30.6x 51.9xmedian 30.6x
P/S now vs peer median 6.5xmedian 3.0x 8.0xmedian 3.0x
EV/EBITDA now vs peer median 17.1xmedian 17.5x 30.1xmedian 17.5x
P/FCF now vs peer median 22.1xmedian 23.3x 36.4xmedian 23.3x
P/B now vs peer median 5.5xmedian 2.4x 4.9xmedian 2.4x
PEG now vs peer median 1.23median 0.87 -6.06median 0.87

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsRMDEW
Revenue $5.65B $6.51B
Gross profit $3.45B $5.07B
Operating income $1.89B $1.45B
Net income $1.52B $1.00B
Free cash flow $1.65B $1.43B
R&D $378.28M $1.09B
EPS (diluted) $10.43 $1.74
Cash & equivalents $1.47B $2.91B
Total debt $659.37M $598.70M
Shares (diluted) 146.05M 577.60M
Enterprise value $30.51B $36.28B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricRMDEW
P/E 24.2x 51.9x
P/FCF 22.1x 36.4x
P/Operating cash flow 20.2x 30.4x
P/S 6.5x 8.0x
P/B 5.5x 4.9x
P/Tangible book 6.0x 5.6x
EV/EBITDA 17.1x 30.1x
EV/EBIT 18.9x 33.5x
EV/Revenue 6.3x 7.5x
EV/FCF 21.7x 33.9x
EV/Operating cash flow 19.8x 28.2x
PEG (3Y EPS CAGR) 1.23 -6.06

Growth

14 metrics
MetricRMDEW
Revenue growth (1Y) 9.9% 14.6%
Revenue CAGR (3Y) 10.2% 15.3%
Gross profit growth (1Y) 13.0% 13.0%
Gross profit CAGR (3Y) 13.6% 11.9%
Operating income growth (1Y) 11.9% -1.4%
Operating income CAGR (3Y) 18.6% 5.0%
Net income growth (1Y) 8.8% -75.8%
Net income CAGR (3Y) 19.3% -10.2%
EPS growth (1Y) 9.7% -75.3%
EPS CAGR (3Y) 19.7% -8.6%
Operating cash flow growth (1Y) 3.1% 116.4%
Operating cash flow CAGR (3Y) 37.6% 22.3%
Free cash flow growth (1Y) -0.7% 143.9%
Free cash flow CAGR (3Y) 42.2% 26.9%

Profitability

14 metrics
MetricRMDEW
Gross margin 61.1% 77.8%
EBITDA margin 36.9% 24.8%
Operating margin 33.4% 22.3%
Pretax margin 34.0% 21.8%
Net margin 26.9% 15.4%
FCF margin 29.2% 22.0%
Operating cash flow margin 31.9% 26.4%
Return on equity 23.3% 9.5%
Return on assets 17.2% 7.4%
Return on invested capital 20.8% 9.0%
Return on capital employed 25.2% 12.0%
Asset turnover 0.6x 0.5x
Cash conversion (OCF / net income) 1.2x 1.7x
Stock comp / revenue 1.8% 2.6%

Financial Health

11 metrics
MetricRMDEW
Debt / assets 7.4% 4.3%
Debt / equity 0.1x 0.1x
Net debt / EBITDA -0.4x -2.3x
Debt / FCF 0.4x 0.4x
Liabilities / assets 26.6% 22.7%
Equity / assets 73.4% 77.3%
Interest coverage – –
Current ratio 3.1x 4.5x
Quick ratio 1.8x 3.5x
Cash ratio 1.1x 2.8x
Altman Z-score 12.06 12.75

Shareholder Returns

7 metrics
MetricRMDEW
Dividend yield 1.0% –
Net buyback yield 1.7% 1.9%
Shareholder yield 2.7% 1.9%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusRMDEW
Forward P/E 19.7xFY2027 32.0xFY2026
EPS, next fiscal year $12.86FY2027 $2.83FY2026
EPS growth, next FY +15.1%FY2027 +10.5%FY2026
EPS growth, the year after +9.8% +12.7%
Revenue, next fiscal year $5.97BFY2027 $7.24BFY2026
Revenue growth, next FY +5.6%FY2027 +19.2%FY2026
Revenue growth, the year after -3.4% -2.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersRMDEW
Held by institutions 68.7% 90.6%
Institutions holding 887 1,323
Change in shares held, QoQ +3.2% +20.4%
Institutions buying 404 641
Institutions selling 358 453
Buyers to sellers 1.13 1.42

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

RMDEW
RMD 1.00 0.32
EW 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, RMD and EW?

Edwards Lifesciences (EW) is the largest by market capitalisation: Resmed (RMD) $36.44B, Edwards Lifesciences (EW) $52.27B.

Which stock is cheaper, RMD and EW?

Resmed (RMD) trades on the lowest price-to-earnings ratio (Resmed (RMD) 23.9x, Edwards Lifesciences (EW) 52.0x). On next year's consensus earnings, Resmed (RMD) is cheapest (Resmed (RMD) 19.7x, Edwards Lifesciences (EW) 32.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Edwards Lifesciences (EW) grew revenue fastest over the trailing twelve months: Resmed (RMD) +9.9%, Edwards Lifesciences (EW) +14.6%.

Which company is more profitable?

Resmed (RMD) has the highest net margin (Resmed (RMD) 26.9%, Edwards Lifesciences (EW) 15.4%). On return on invested capital, Resmed (RMD) leads (Resmed (RMD) 20.8%, Edwards Lifesciences (EW) 9.0%).

Which stock has performed better?

Over the past year Edwards Lifesciences (EW) returned the most: Resmed (RMD) -2.4%, Edwards Lifesciences (EW) +19.0%. Over five years, Resmed (RMD) compounded fastest (Resmed (RMD) -1.1%/yr, Edwards Lifesciences (EW) -4.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Edwards Lifesciences (EW) has been the steadiest (Resmed (RMD) 29.1%, Edwards Lifesciences (EW) 24.8%). Volatility measures how widely the price swings, not the risk of the business.

Do RMD and EW move together?

Their daily returns over the past year have a correlation of 0.32, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, RMD and EW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Resmed (RMD) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.