Resmed (RMD) Operating Margin (2009 - 2026)
Resmed posted quarterly Operating Margin of 34.92% for Q1 2026, up 192.0% year-on-year from 11.96% in Q1 2025, and up 1.05% on a QoQ basis from 34.56% in Q4 2025.
Resmed (RMD) has 18 years of Operating Margin data on file, last reported at 34.92% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 192.0% year-over-year to 34.92%; the trailing twelve-month figure through Mar 2026 stood at 34.18% (up 207.0% YoY), and the FY2025 full-year result was 32.75%, up 458.0% from the prior year.
- Operating Margin for Q1 2026 stood at 34.92%, up from 34.56% in the prior quarter.
- Across five years, Operating Margin topped out at 34.92% in Q1 2026 and bottomed at 23.66% in Q4 2023.
- The 5-year median for Operating Margin is 31.17% (2024), against an average of 29.93%.
- The widest annual swing landed in 2023, when Operating Margin plunged 345 bps; it then soared 889 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 27.1% in 2022, then declined by 13 bps to 23.66% in 2023, then jumped by 38 bps to 32.54% in 2024, then climbed by 6 bps to 34.56% in 2025, then increased by 1 bps to 34.92% in 2026.
- The last three Operating Margin figures came in at 34.92% (Q1 2026), 34.56% (Q4 2025), and 33.43% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuitive Surgical | 156.17 Bn | 151.78 Bn | 1.83 Bn | 30.87% |
| 2 | Becton Dickinson | 41.51 Bn | 40.49 Bn | 2.15 Bn | 1.97% |
| 3 | Resmed | 30.43 Bn | 28.77 Bn | 890.98 Mn | 34.92% |
| 4 | West Pharmaceutical Services | 22.78 Bn | 22.26 Bn | 296.40 Mn | 20.96% |
| 5 | Solventum | 13.39 Bn | 13.39 Bn | 1.10 Bn | 4.04% |
| 6 | Cooper Companies | 12.33 Bn | 12.20 Bn | 695.20 Mn | 20.78% |
| 7 | Align Technology | 11.65 Bn | 10.59 Bn | 736.59 Mn | 13.65% |
| 8 | Baxter International | 9.81 Bn | 7.77 Bn | 891.00 Mn | 2.44% |
| 9 | Aptargroup | 7.39 Bn | 7.19 Bn | 351.91 Mn | 10.94% |
| 10 | Repligen | 6.39 Bn | 5.41 Bn | 108.28 Mn | 8.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 34.92% |
| Dec 31, 2025 | 34.56% |
| Sep 30, 2025 | 33.43% |
| Jun 30, 2025 | 33.72% |
| Mar 31, 2025 | 33.00% |
| Dec 31, 2024 | 32.54% |
| Sep 30, 2024 | 31.63% |
| Jun 30, 2024 | 31.17% |
| Mar 31, 2024 | 31.29% |
| Dec 31, 2023 | 23.66% |
| Sep 30, 2023 | 26.22% |
| Jun 30, 2023 | 24.53% |
| Mar 31, 2023 | 26.92% |
| Dec 31, 2022 | 27.10% |
| Sep 30, 2022 | 29.02% |
| Jun 30, 2022 | 27.92% |
| Mar 31, 2022 | 27.10% |
| Dec 31, 2021 | 27.79% |
| Sep 30, 2021 | 28.97% |
| Jun 30, 2021 | 27.58% |
| Mar 31, 2021 | 29.06% |
| Dec 31, 2020 | 27.71% |
| Sep 30, 2020 | 28.84% |
| Jun 30, 2020 | 28.98% |
| Mar 31, 2020 | 28.27% |
| Dec 31, 2019 | 26.87% |
| Sep 30, 2019 | 25.12% |
| Jun 30, 2019 | -49.54% |
| Mar 31, 2019 | 23.70% |
| Dec 31, 2018 | 24.13% |
| Sep 30, 2018 | 24.50% |
| Jun 30, 2018 | 23.55% |
| Mar 31, 2018 | 23.05% |
| Dec 31, 2017 | 24.28% |
| Sep 30, 2017 | 21.49% |
| Jun 30, 2017 | -27.28% |
| Mar 31, 2017 | 20.89% |
| Dec 31, 2016 | 18.27% |
| Sep 30, 2016 | 20.23% |
| Jun 30, 2016 | -30.17% |
| Mar 31, 2016 | 22.98% |
| Dec 31, 2015 | 23.76% |
| Sep 30, 2015 | 23.81% |
| Jun 30, 2015 | -34.68% |
| Mar 31, 2015 | 25.06% |
| Dec 31, 2014 | 25.81% |
| Sep 30, 2014 | 24.89% |
| Jun 30, 2014 | 23.72% |
| Mar 31, 2014 | 26.32% |
| Dec 31, 2013 | 27.32% |
| Sep 30, 2013 | 27.09% |
| Jun 30, 2013 | 20.78% |
| Mar 31, 2013 | 25.05% |
| Dec 31, 2012 | 24.45% |
| Sep 30, 2012 | 23.69% |
| Jun 30, 2012 | 24.13% |
| Mar 31, 2012 | 21.93% |
| Dec 31, 2011 | 20.21% |
| Sep 30, 2011 | 19.34% |
| Jun 30, 2011 | 19.51% |
| Mar 31, 2011 | 20.42% |
| Dec 31, 2010 | 22.84% |
| Sep 30, 2010 | 23.54% |
| Jun 30, 2010 | -27.63% |
| Mar 31, 2010 | 21.95% |
| Dec 31, 2009 | 21.05% |
| Sep 30, 2009 | 21.32% |