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RMD

ResMed Inc.

At today's price, ResMed Inc. (RMD) is priced for +5.5% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+5.5% growth
Priced In
within-range

Key Takeaways

• ResMed is the leader in sleep-apnea care, selling flow-generator devices and, more importantly, the masks and accessories patients replace on a recurring basis, with a growing Residential Care Software arm layered on top. • The recurring-revenue model is the moat: masks and accessories grew 12 percent globally last quarter and the consumables base resets demand every year, which is why the price implies only modest operating growth of about 4 percent a year rather than a heroic assumption. • W

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Institutional ownership

904 institutional managers reported holding RMD in 13F filings for the quarter ended 2026-03-31. Together they hold about 66% of the company; the top 10 hold 39%. 85 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 12.9M shares were sold short as of the 2026-06-15 count, about 9% of shares outstanding (9 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

RMD's share count is about flat over the past five years ($950.07M of repurchases, offset by issuance). It pays a dividend, and has for 14 years running, raised 13 years straight; the current rate is $2.12 a share annually. Cash returned over the past three years: $855.77M in dividends and $950.07M in repurchases.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at RMD over the trailing three years. Absence is a fact about the company, not a signal. 16 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

RMD's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-12-19.3%-21.9%
2023-10-28-4.2%+27.8%
2024-01-26+6.5%+4.1%
2024-04-27+18.6%-12.2%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

RMD's latest 8-K filings: 2026-07-07 (items 2.02, 7.01, 9.01); 2026-04-30 (items 5.02, 9.01); 2026-04-30 (items 2.02, 8.01, 9.01); 2026-01-29 (items 2.02, 8.01, 9.01); 2025-11-20 (items 5.02, 5.07, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare RMD

ALC vs RMDBDX vs RMDBSX vs RMDDXCM vs RMDEW vs RMDGEHC vs RMD

Last analyzed: June 28, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.