Which has the lower trailing P/E, RMD or WAT?

RMD has the lower trailing P/E: RMD trades at 20.92 and WAT at 101.46. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, RMD or WAT?

Over the past five years, RMD grew revenue faster — RMD at a 12.08% CAGR versus WAT at 11.70%.

Does RMD or WAT pay a bigger dividend?

RMD pays a dividend (1.13% yield), while WAT is a former payer with no current dividend run rate.

Is RMD or WAT more profitable?

RMD runs the higher net margin — RMD at 26.94% versus WAT at 3.58%.

How have RMD and WAT total returns compared?

Over the past 10 years, RMD delivered 13.01% and WAT delivered 9.97% annualized total return. Past performance doesn't predict future results.

ResMed Inc. (RMD) vs Waters Corporation (WAT)

A side-by-side comparison of ResMed Inc. and Waters Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 10, 2026. Differences are shown without an overall score or investment verdict.

RMD

ResMed Inc.

$31.83B

$219.45HealthcareDelayed quote: Aug 10, 2026, 12:20 PM EDT

WAT

Waters Corporation

$30.68B

$410.20HealthcareDelayed quote: Aug 10, 2026, 12:20 PM EDT

Total return — RMD vs WAT

growth of $100 · dividends reinvested · last 10y

RMD +237.0% (+12.9%/yr)WAT +158.4% (+10.0%/yr)RMD compounded faster over this window

RMD WAT

RMD vs WAT: by the numbers

•RMD is the larger company ($31.83B vs $30.68B market cap).
•RMD trades at the lower trailing earnings multiple (20.92 vs 101.46 P/E), one valuation lens rather than an overall verdict.
•RMD converts more revenue to profit (26.94% vs 3.58% net margin).
•RMD grew revenue faster over the past five years (12.08% vs 11.70% CAGR).
•RMD pays a dividend (1.13% yield), while WAT is a former payer with no current dividend run rate.

Metrics side by side

Valuation

Metric	RMD	WAT
P/E ratio	20.92	101.46
Forward P/E	19.05	27.93
P/S ratio	5.95	8.60
P/B ratio	5.07	2.63
EV / EBITDA	14.93	47.96
FCF yield	5.31%	0.99%

Profitability

Metric	RMD	WAT
Gross margin	61.06%	50.78%
Operating margin	33.48%	28.22%
Net margin	26.94%	3.58%
ROE	23.13%	1.09%
ROIC	19.05%	17.57%

Dividends

Metric	RMD	WAT
Dividend yield	1.13%	N/A

Growth (annualized)

Metric	RMD	WAT
Revenue CAGR (5Y)	12.08%	11.70%
EPS CAGR (5Y)	N/A	5.16%
FCF CAGR (5Y)	36.06%	-9.19%
Total return CAGR (5Y)	-4.21%	0.57%

Frequently asked

Which has the lower trailing P/E, RMD or WAT?: RMD has the lower trailing P/E: RMD trades at 20.92 and WAT at 101.46. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, RMD or WAT?: Over the past five years, RMD grew revenue faster — RMD at a 12.08% CAGR versus WAT at 11.70%.
Does RMD or WAT pay a bigger dividend?: RMD pays a dividend (1.13% yield), while WAT is a former payer with no current dividend run rate.
Is RMD or WAT more profitable?: RMD runs the higher net margin — RMD at 26.94% versus WAT at 3.58%.
How have RMD and WAT total returns compared?: Over the past 10 years, RMD delivered 13.01% and WAT delivered 9.97% annualized total return. Past performance doesn't predict future results.

Go deeper

Full RMD analysis Full WAT analysis Interactive comparison tool

Dig into the metrics

ResMed P/E ratio Waters P/E ratio ResMed dividend yield ResMed ROE Waters ROE ResMed operating margin Waters operating margin ResMed revenue growth Waters revenue growth ResMed free cash flow Waters free cash flow

ResMed & Waters appear in these rankings

Highest ROIC Stocks Highest Operating Margin Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 10, 2026.