Resmed
Resmed returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q4 | Jun 30, 2026 | 26.73% | 25.62% | 25.83% | 24.27% | 17.77% | 19 pp |
| FY 2026 Q3 | Mar 31, 2026 | 28.03% | 26.92% | 80.73% | 25.25% | 18.59% | 20.3 pp |
| FY 2026 Q2 | Dec 31, 2025 | 27.09% | 26.86% | 132.34% | 25.68% | 19% | 19.4 pp |
| FY 2026 Q1 | Sep 30, 2025 | 26.56% | 26.09% | — | 25.41% | 18.52% | 18.9 pp |
| FY 2025 Q4 | Jun 30, 2025 | 26.16% | 25.7% | 364.38% | 25.86% | 18.62% | 18.5 pp |
| FY 2025 Q3 | Mar 31, 2025 | 25.12% | 25.45% | — | 25.81% | 18.26% | 17.4 pp |
| FY 2025 Q2 | Dec 31, 2024 | 23.29% | 25.11% | — | 25.65% | 17.78% | 15.6 pp |
| FY 2025 Q1 | Sep 30, 2024 | 21.14% | 23.08% | 491.35% | 23.56% | 15.94% | 13.4 pp |
| FY 2024 Q4 | Jun 30, 2024 | 19.96% | 22.08% | — | 22.7% | 14.99% | 12.3 pp |
| FY 2024 Q3 | Mar 31, 2024 | 18.39% | 20.24% | 73.7% | 22.39% | 14.17% | 10.7 pp |
| FY 2024 Q2 | Dec 31, 2023 | 17.15% | 18.87% | 36.73% | 21.66% | 13.11% | 9.4 pp |
| FY 2024 Q1 | Sep 30, 2023 | 19.81% | 21.91% | 7.66% | 23.6% | 15.21% | 12.1 pp |
| FY 2023 Q4 | Jun 30, 2023 | 20.04% | 21.77% | 7.46% | 23.96% | 15.15% | 12.3 pp |
| FY 2023 Q3 | Mar 31, 2023 | 19.95% | 21.82% | 6.73% | 23.93% | 14.85% | 12.3 pp |
| FY 2023 Q2 | Dec 31, 2022 | 18.99% | 20.79% | 18.87% | 23.52% | 14.19% | 11.3 pp |
| FY 2023 Q1 | Sep 30, 2022 | 21.85% | 23.61% | 67.87% | 24.35% | 15.87% | 14.1 pp |
| FY 2022 Q4 | Jun 30, 2022 | 22.84% | 24.33% | 52.96% | 24.96% | 15.87% | 15.1 pp |
| FY 2022 Q3 | Mar 31, 2022 | 22.95% | 24.83% | 59.68% | 26.03% | 16.43% | 15.3 pp |
| FY 2022 Q2 | Dec 31, 2021 | 15.12% | 24.06% | -104.83% | 17.37% | 11.22% | 7.4 pp |
| FY 2022 Q1 | Sep 30, 2021 | 14.9% | 23.32% | -89.72% | 17.52% | 10.69% | 7.2 pp |
| FY 2021 Q4 | Jun 30, 2021 | 15.03% | 23.17% | -563.06% | 17.63% | 10.19% | 7.3 pp |
| FY 2021 Q3 | Mar 31, 2021 | 14.56% | 23.09% | — | 18.42% | 10.05% | 6.9 pp |
| FY 2021 Q2 | Dec 31, 2020 | 21.81% | 22.41% | 267.43% | 27.28% | 15.66% | 14.1 pp |
| FY 2021 Q1 | Sep 30, 2020 | 22.49% | 22.41% | 168.1% | 28.35% | 15.5% | 14.8 pp |
| FY 2020 Q4 | Jun 30, 2020 | 21.44% | 21.49% | 1,669.18% | 27.21% | 14.3% | 13.7 pp |
| FY 2020 Q3 | Mar 31, 2020 | 18.12% | 18.63% | 157.38% | 23.97% | 11.91% | 10.4 pp |
| FY 2020 Q2 | Dec 31, 2019 | 16.44% | 17.78% | 14.18% | 21.59% | 11.08% | 8.7 pp |
| FY 2020 Q1 | Sep 30, 2019 | 17.85% | 19.4% | 13.5% | 20.86% | 11.6% | 10.1 pp |
| FY 2019 Q4 | Jun 30, 2019 | 16.89% | 18.98% | 11.85% | 19.59% | 11.28% | 9.2 pp |
| FY 2019 Q3 | Mar 31, 2019 | 17.76% | 18.04% | 15.25% | 21.8% | 11.68% | 10.1 pp |
| FY 2019 Q2 | Dec 31, 2018 | 18.26% | 20.76% | 21.85% | 22.65% | 12.13% | 10.6 pp |
| FY 2019 Q1 | Sep 30, 2018 | — | 19.83% | — | 16.97% | 10.22% | — |
| FY 2018 Q4 | Jun 30, 2018 | 15.02% | 19.14% | — | 15.7% | 9.66% | 7.3 pp |
| FY 2018 Q3 | Mar 31, 2018 | 14.64% | 16.96% | — | 15.68% | 8.84% | 6.9 pp |
| FY 2018 Q2 | Dec 31, 2017 | 13.73% | 20.35% | -44.8% | 15.29% | 8.28% | 6 pp |
| FY 2018 Q1 | Sep 30, 2017 | — | 15.21% | — | 18.44% | 10.34% | — |
| FY 2017 Q4 | Jun 30, 2017 | 15.98% | 14.87% | 5.29% | 18.73% | 10.18% | 8.3 pp |
| FY 2017 Q3 | Mar 31, 2017 | 18.72% | 15.91% | 0.28% | 18.92% | 11.38% | 11 pp |
| FY 2017 Q2 | Dec 31, 2016 | 19.84% | 17.95% | 0.01% | 20.67% | 12.02% | 12.1 pp |
| FY 2017 Q1 | Sep 30, 2016 | 20.69% | 18.09% | 0.83% | 21.53% | 12.48% | 13 pp |
| FY 2016 Q4 | Jun 30, 2016 | 20.79% | 18.91% | 1.3% | 21.47% | 12.95% | 13.1 pp |
| FY 2016 Q3 | Mar 31, 2016 | 26.46% | 19.61% | 1.81% | 21.61% | 14.69% | 18.8 pp |
| FY 2016 Q2 | Dec 31, 2015 | 27.47% | 20.37% | 4.59% | 22.45% | 15.3% | 19.8 pp |
| FY 2016 Q1 | Sep 30, 2015 | 29.14% | 20.36% | — | 22.48% | 15.34% | 21.4 pp |
| FY 2015 Q4 | Jun 30, 2015 | 28.51% | 20.42% | 39.39% | 21.1% | 15.53% | 20.8 pp |
| FY 2015 Q3 | Mar 31, 2015 | 28.86% | 19.72% | — | — | 15.21% | 21.2 pp |
| FY 2015 Q2 | Dec 31, 2014 | 29.03% | 19.52% | 37.99% | — | 15.07% | 21.3 pp |
| FY 2015 Q1 | Sep 30, 2014 | 29.22% | 21.32% | 40.05% | — | 14.97% | 21.5 pp |
| FY 2014 Q4 | Jun 30, 2014 | 29.65% | 21.73% | 35.14% | 20.5% | 15.1% | 22 pp |
| FY 2014 Q3 | Mar 31, 2014 | 28.06% | 20.08% | 64.28% | — | 13.95% | 20.4 pp |
| FY 2014 Q2 | Dec 31, 2013 | 27.95% | 18.37% | 525.73% | — | 13.92% | 20.3 pp |
| FY 2014 Q1 | Sep 30, 2013 | 27.59% | 19.98% | 2,043.81% | — | 13.84% | 19.9 pp |
| FY 2013 Q4 | Jun 30, 2013 | 27.15% | 20.15% | — | 19.09% | 14.13% | 19.5 pp |
| FY 2013 Q3 | Mar 31, 2013 | 26.01% | 19.55% | 273.59% | — | 13.81% | 18.3 pp |
| FY 2013 Q2 | Dec 31, 2012 | 24.54% | 17.41% | 231.89% | — | 13.3% | 16.8 pp |
| FY 2013 Q1 | Sep 30, 2012 | 22.62% | 16.97% | 4,280.03% | — | 13.19% | 14.9 pp |
| FY 2012 Q4 | Jun 30, 2012 | 21.08% | 15.72% | — | 15.27% | 12.12% | 13.4 pp |
| FY 2012 Q3 | Mar 31, 2012 | 19.3% | 14.9% | — | — | 11.56% | 11.6 pp |
| FY 2012 Q2 | Dec 31, 2011 | — | 15% | — | — | 11.47% | — |
| FY 2012 Q1 | Sep 30, 2011 | — | 16.26% | — | — | 11.85% | — |
| FY 2011 Q4 | Jun 30, 2011 | — | — | — | — | — | — |
| FY 2011 Q3 | Mar 31, 2011 | — | — | — | — | — | — |
| FY 2011 Q2 | Dec 31, 2010 | — | — | — | — | — | — |
| FY 2011 Q1 | Sep 30, 2010 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · RMD, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.