Companies: 10,795·Total market cap: $144.5T
ResMed Inc.

ResMed Inc.

RMDNYSEHealthcare● Active
$196.04
+$1.72(+0.89%)
Market Cap$28.4B
P/E Ratio
52W High$293.81
52W Low$180.27

ResMed Inc. (RMD) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

RMD · free cash flow · updated Jun 8, 2026

Core FCF metrics

Free cash flow was $1.66B for FY2025 (fiscal year ending 2025-06-30), up 29.2% year-over-year The FCF margin was 32.3%. Five-year CAGR stands at +19.0%.

FY2025 Free Cash Flow$1.66B▲ +29.2% YoY
Trailing 12M (TTM)$1.75Btrailing 4 quarters sum
FCF Margin32.3%$1.66B ÷ revenue
3-Year CAGR+104.2%FY2022 → FY2025
5-Year CAGR+19.0%FY2020 → FY2025
FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0
Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

Positive FCFNegative FCF
Free Cash Flow
YoY Growth %
rmd free cash flow history · rmd free cash flow chart · rmd free cash flow growth rate · rmd free cash flow last 10 years

Annual free cash flow data

Fiscal YearFree Cash FlowYoY ChangeFCF Margin
FY2025Latest$1.66B▲ +29.2%32.3%
FY2024$1.29B▲ +130.0%27.5%
FY2023$559.3M▲ +186.7%13.2%
FY2022$195.1M▼ 68.5%5.5%
FY2021$619.9M▼ 11.0%19.4%
FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP
rmd free cash flow 2025 · rmd free cash flow 2024 · rmd free cash flow 2023 · rmd operating cash flow

FCF valuation metrics

ResMed Inc. (RMD) trades at a FCF yield of 6.17% and a price-to-free-cash-flow ratio of 16.4x. FCF per share stands at $11.96, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)
6.17%
Free Cash Flow ÷ Market Cap
per FMP freeCashFlowYieldTTM definition
FCF per Share (TTM)
$11.96
TTM FCF ÷ Shares Outstanding
Price / FCF
x16.4
Share Price ÷ FCF per Share
EV / FCF (TTM)
x15.7
Enterprise Value basis
Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-06-30
rmd price to free cash flow · rmd free cash flow yield · rmd free cash flow per share · rmd price to cash flow ratio

Cash flow statement summary

For FY2025, ResMed Inc. generated $1.75B in operating cash flow and spent 90M in capital expenditures, yielding $1.66B in free cash flow.

Operating Activities
+$1.75B
Cash from core business operations
2025-06-30
Investing Activities
−$200.0M
CapEx, acquisitions & investments
2025-06-30
Financing Activities
−$606.3M
Buybacks, dividends & debt
2025-06-30
FCF FormulaOperating CF ($1.75B) − |CapEx| (90M) = FCF ($1.66B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement
rmd cash flow statement · rmd cash flow statement 2025 · rmd operating cash flow · rmd cash flow from operations

Free cash flow vs peers (Healthcare)

#CompanyFree Cash FlowYoY
#1
ResMed Inc.
ResMed Inc.YOU
RMD
$1.66B+29.2%
#2
Johnson & Johnson
Johnson & Johnson
JNJ
$19.70B-0.7%
#3
AbbVie Inc.
AbbVie Inc.
ABBV
$17.82B-0.1%
#4
UnitedHealth Group Incorporated
UnitedHealth Group Incorporated
UNH
$16.07B-22.4%
#5
Eli Lilly and Company
Eli Lilly and Company
LLY
$8.97B+2065.6%
Healthcare · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

ResMed Inc. (RMD) reported free cash flow of $1.66B for FY2025 (fiscal year ending 2025-06-30), up 29.2% year-over-year. The FCF margin was 32.3%.

Based on available data, ResMed Inc. has maintained positive free cash flow for at least 15 fiscal year(s). FCF peaked at $1.66B in FY2025. The 5-year CAGR stands at +19.0%.

ResMed Inc.'s FCF yield is 6.17% and price-to-FCF ratio is 16.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Frequently asked questions

RMD free cash flow · 8 questions

ResMed Inc. free cash flow was $1.66B for FY2025, up 29.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.75B.

RMD free cash flowRMD FCFRMD FCF 2025RMD free cash flow TTM

Source: FMP /cash-flow-statement · US GAAP · ResMed Inc. · ResMed Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026