Resmed Inc DRC

  • IPO date:
  • Sector: Healthcare
  • GIC Group: Health Care Equipment & Services
  • Industry: Medical Instruments & Supplies
  • Company website

Company description

ResMed Inc. develops, manufactures, distributes, and markets medical devices and cloud-based software applications for the healthcare markets. It operates in two segments, Sleep and Respiratory Care, and Software as a Service. It offers various products and solutions for a range of respiratory disorders, including technologies to be applied in medical and consumer products, ventilation devices, diagnostic products, mask systems for use in the hospital and home, headgear and other accessories, dental devices, and cloud-based software informatics solutions to manage patient outcomes, as well as provides customer and business processes. The company also provides AirView, a cloud-based system that enables remote monitoring and changing of patients' device settings; myAir, a personalized therapy management application for patients with sleep apnea that provides support, education, and troubleshooting tools for increased patient engagement and improved compliance; U-Sleep, a compliance monitoring solution that enables home medical equipment (HME) to streamline their sleep programs; connectivity module and propeller solutions; and Propeller portal. It offers out-of-hospital software solution, such as Brightree business management software and service solutions to providers of HME, pharmacy, home infusion, orthotics, and prosthetics services; MatrixCare care management and related ancillary solutions to senior living, skilled nursing, life plan communities, home health, home care, and hospice organizations, as well as related accountable care organizations; HEALTHCAREfirst that offers electronic health record, software, billing and coding services, and analytics for home health and hospice agencies; and MEDIFOX DAN's software solutions. The company markets its products to sleep clinics, home healthcare dealers, and hospitals through a network of distributors and direct sales force. The company was founded in 1989 and is headquartered in San Diego, California.

Financial highlights

Market Capitalization$35445.7493 million
P/E Ratio24.92
P/E Growth Ratio1.7467
Book Value7.0205
Dividend Per Share1.76
Earnings Per Share0.93
EBITDA1,292,097.024
Profit Margin0.2125
Operating Margin TTM0.2728
Return on Assets TTM0.1215
Return on Equity TTM0.2397
Revenue TTM4,222,992.896

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2014-06-30 1,554,973 565,187 989,786 1,143,560
2015-06-30 1,678,912 667,516 1,011,396 1,269,676
2016-06-30 1,838,713 772,216 1,066,497 1,402,847
2017-06-30 2,066,737 864,992 1,201,745 1,610,005
2018-06-30 2,340,196 1,005,298 1,334,898 1,779,933
2019-06-30 2,606,572 1,112,501 1,494,071 1,970,586
2020-06-30 2,957,013 1,239,227 1,717,786 908,727
2021-06-30 3,196,825 1,357,725 1,839,100 926,749
2022-06-30 3,578,127 1,553,816 2,024,311 1,024,025
2023-06-30 4,222,993 1,867,331 2,355,662 1,203,665

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2014-06-30 905,730 2,360,962 602,714 300,788 300,770 561
2015-06-30 717,249 2,181,774 594,467 300,594 300,594 562
2016-06-30 439,734 3,256,705 1,561,874 300,000 873,332 563
2017-06-30 545,435 3,468,487 1,508,221 1,078,611 1,078,611 569
2018-06-30 186,201 3,063,923 1,004,943 11,466 269,988 571
2019-06-30 147,128 4,107,682 2,035,489 11,992 1,258,861 575
2020-06-30 463,156 4,587,376 2,090,349 33,250 1,164,133 580
2021-06-30 295,278 4,728,125 1,842,446 35,585 643,351 583
2022-06-30 273,710 5,095,853 1,735,102 31,772 765,325 586
2023-06-30 227,891 6,751,708 2,621,805 31,821 1,431,234 588

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2014-06-30 345,273 391,268 29,682 141,518
2015-06-30 352,886 383,180 -188,481 157,262
2016-06-30 352,409 547,933 14,185 731,434 168,130
2017-06-30 342,284 414,053 90,501 731,434 821,935 186,346
2018-06-30 315,588 505,026 -633,234 821,935 188,701 199,497
2019-06-30 404,592 459,051 -41,573 188,701 147,128 211,712
2020-06-30 621,674 802,255 316,028 147,128 463,156 -225,093
2021-06-30 474,505 736,718 -167,878 463,156 295,278 -226,713
2022-06-30 779,437 351,147 -21,568 295,278 273,710 -245,341
2023-06-30 897,556 693,299 -45,819 273,710 227,891 -258,276