Is RMD or WAT cheaper?

On trailing earnings, RMD is cheaper: RMD trades at a 19.21 P/E and WAT at 47.89.

Which has grown faster, RMD or WAT?

Over the past five years, RMD grew revenue faster — RMD at a 12.37% CAGR versus WAT at 8.48%.

Does RMD or WAT pay a bigger dividend?

RMD pays a dividend (1.21% yield) while WAT does not currently pay one.

Is RMD or WAT more profitable?

RMD runs the higher net margin — RMD at 27.44% versus WAT at 11.91%.

Which has been the better investment, RMD or WAT?

Over the past 10-year, RMD delivered the higher annualized total return — RMD at 13.90% versus WAT at 10.77%. Past performance doesn't predict future results.

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

RMD leads on 14 of 16 compared metrics.

A side-by-side comparison of ResMed Inc. and Waters Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — RMD vs WAT

growth of $100 · last 30y

RMD +19760.0%WAT +5076.2%RMD compounded faster

RMD WAT

RMD vs WAT: by the numbers

•RMD is the larger company ($28.81B vs $24.57B market cap).
•RMD trades at the lower earnings multiple (19.21 vs 47.89 P/E).
•RMD converts more revenue to profit (27.44% vs 11.91% net margin).
•RMD grew revenue faster over the past five years (12.37% vs 8.48% CAGR).
•RMD pays a dividend (1.21% yield) while WAT does not currently pay one.

Which is better, RMD or WAT?

Metric tally: RMD 14 · WAT 2

It depends on what you're optimizing for:

ValueRMD(lower P/E)

GrowthRMD(faster 5Y revenue CAGR)

QualityRMD(higher ROIC)

Metrics side by side

Valuation

Metric	RMD	WAT
P/E ratio	19.21●	47.89
Forward P/E	16.22●	22.95
P/S ratio	5.27●	8.21
P/B ratio	4.50	2.02●
PEG ratio	0.72●	75.61
EV / EBITDA	12.99●	39.01
FCF yield	5.99%●	0.85%

Profitability

Metric	RMD	WAT
Gross margin	61.69%●	55.02%
Operating margin	34.28%●	17.08%
Net margin	27.44%●	11.91%
ROE	23.41%●	2.94%
ROIC	19.56%●	17.57%

Dividends

Metric	RMD	WAT
Dividend yield	1.21%	—
Payout ratio	25.13%	—

Growth (annualized)

Metric	RMD	WAT
Revenue CAGR (5Y)	12.37%●	8.48%
EPS CAGR (5Y)	17.25%●	5.16%
FCF CAGR (5Y)	18.98%●	-17.63%
Total return CAGR (5Y)	-3.22%	2.22%●

Frequently asked

Which is better, RMD or WAT?: It depends on your goal. value: RMD (lower P/E); growth: RMD (faster 5Y revenue CAGR); quality: RMD (higher ROIC). Across all compared metrics, RMD leads 14 to 2.
Is RMD or WAT cheaper?: On trailing earnings, RMD is cheaper: RMD trades at a 19.21 P/E and WAT at 47.89.
Which has grown faster, RMD or WAT?: Over the past five years, RMD grew revenue faster — RMD at a 12.37% CAGR versus WAT at 8.48%.
Does RMD or WAT pay a bigger dividend?: RMD pays a dividend (1.21% yield) while WAT does not currently pay one.
Is RMD or WAT more profitable?: RMD runs the higher net margin — RMD at 27.44% versus WAT at 11.91%.
Which has been the better investment, RMD or WAT?: Over the past 10-year, RMD delivered the higher annualized total return — RMD at 13.90% versus WAT at 10.77%. 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 Waters 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 Best 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 June 26, 2026.