Resmed (RMD) Operating Margin (2009 - 2026)
Resmed's Operating Margin came in at 30.66% for fiscal Q4 2026 (quarter ended Jun 30, 2026), down 3.06 percentage points from 33.72% a year earlier and down 4.26 percentage points from the prior quarter.
Resmed (RMD) Operating Margin (2009 - 2026) Analysis & Trends
For FY2026 (ended Jun 30, 2026), Resmed's Operating Margin was 33.37%, up 0.62 percentage points from FY2025.
- Operating Margin has increased in each of the last three fiscal years, with a five-year change of +5.10 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Operating Margin was 32.75% in FY2025 (+4.58 pp), 28.17% in FY2024 (+1.37 pp), 26.80% in FY2023 (-1.15 pp) and 27.96% in FY2022 (-0.31 pp).
- The fiscal Q4 2026 figure represents the lowest quarterly Operating Margin since fiscal Q2 2024.
- Year-over-year, Operating Margin increased in seven of the last eight quarters, with an average year-over-year change of +2.65 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in fiscal Q2 2025 (a gain of 8.89 percentage points), and the weakest in fiscal Q2 2024 (a drop of 3.45 percentage points).
- Business Quant data shows RMD's Operating Margin at 34.92% (Q3 2026), 34.56% (Q2 2026) and 33.43% (Q1 2026) in the three fiscal quarters before Q4 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.98 Bn | 237.01 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 171.99 Bn | 142.42 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 162.01 Bn | 145.82 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 151.10 Bn | 130.52 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 119.71 Bn | 84.96 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 113.91 Bn | 100.03 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 65.25 Bn | 60.02 Bn | 3.85 Bn | 21.65% |
| 8 | Becton Dickinson | 53.48 Bn | 50.63 Bn | 2.32 Bn | 13.31% |
| 9 | Edwards Lifesciences | 50.90 Bn | 34.91 Bn | 1.35 Bn | 29.48% |
| 10 | Resmed | 35.81 Bn | 29.88 Bn | 861.22 Mn | 30.66% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.66% |
| 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% |
Resmed Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=RMD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "RMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=RMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();