Follow the chain left → right, from inputs to end demand. Tap any company to trace its links.
Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
~$36B
P/E ratio
~22×
Div yield
~1.3%
EPS (TTM)
~$10
Gross margin
~62%
Rev. growth
+9%
Revenue (FY25)
$5.15B
Free cash flow
~$1.8B
In plain English
ResMed is the world leader in the small machines that keep people breathing in their sleep. It designs the CPAP flow generators and the soft silicone masks that treat sleep apnea, sells them through home-care providers, and increasingly wraps them in cloud software (myAir, Brightree) — and, through a string of software acquisitions, has built a second business running the back-office of out-of-hospital care.
In simple terms
What ResMed really sells
ResMed is the world leader in the small machines that keep people breathing in their sleep. It designs the CPAP flow generators and the soft silicone masks that treat sleep apnea, sells them through home-care providers, and increasingly wraps them in cloud software (myAir, Brightree) — and, through a string of software acquisitions, has built a second business running the back-office of out-of-hospital care.
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