ResMed Inc Chess Depository Interest
RMD: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !!! | LOCK|sQ?K | LOCK|!BxCgvl |
ResMed Earnings: Solid Gross Margin Expansion and US Sales
ResMed's first-quarter fiscal 2026 underlying EBIT grew by 19%, broadly in line with market expectations. The result was driven by 10% US sales growth and a 280-basis-point expansion in gross margin to 62% on component cost improvements and manufacturing and logistics efficiencies.
