Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. ResMed's Pre-Tax Income for the
three
months ended in Sep. 2024 was $383 Mil. ResMed's Revenue for the
three
months ended in Sep. 2024 was $1,225 Mil. Therefore, ResMed's pretax margin for the quarter that ended in Sep. 2024 was 31.32%.
The historical rank and industry rank for ResMed's Pretax Margin % or its related term are showing as below:
RMD'
s Pretax Margin % Range Over the Past 10 Years
Min: 19.91 Med: 25.38 Max: 28.62
Current: 28.62
RMD's Pretax Margin % is ranked better than 92.2% of 821
companies
in the Medical Devices & Instruments industry
Industry Median: -1.1
vs RMD: 28.62
ResMed Pretax Margin % Historical Data
The historical data trend for ResMed's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of ResMed's Pretax Margin %
For the Medical Instruments & Supplies subindustry, ResMed's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ResMed's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, ResMed's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where ResMed's Pretax Margin % falls into.
ResMed Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
ResMed's Pretax Margin for the fiscal year that ended in Jun. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ResMed (NYSE:RMD) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
ResMed Pretax Margin % Related Terms
Thank you for viewing the detailed overview of ResMed's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with ageing populations and increasing prevalence of obesity is resulting in a structurally growing market. The company earns roughly two thirds of its revenue in the Americas and the balance across other regions dominated by Europe, Japan and Australia. Recent developments and acquisitions have focused on digital health as ResMed is aiming to differentiate itself through the provision of clinical data for use by the patient, medical care advisor and payer in the out-of-hospital setting.
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