A vs RMD: how the two businesses compare

  • Bigger business: A, with $6.9B of yearly revenue, about 1.4× RMD's $5.1B.
  • More profitable: RMD keeps 27 cents of each sales dollar as profit, against 19 cents at A.
  • More cash from each sale: RMD turns 34 cents of each sales dollar into operating cash flow, against 22 cents at A.

From each company's latest annual SEC filing. Fiscal years can end on different dates.

Agilent Technologies (A) is the larger business by reported revenue: $6.9B in its fiscal year ended Oct 2025, about 1.4× RMD's $5.1B (fiscal year ended Jun 2025). A's net margin was 18.8% and RMD's 27.2%. The SEC places them in related industries (Laboratory Analytical Instruments; Surgical & Medical Instruments & Apparatus), and both map to the International markets research theme.

Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.

Sector
Health Care
SEC industry
Different
Separate classifications
Fiscal year ends
Different
A October 31 · RMD June 30
Reviewed
Aug 13, 2026

A vs RMD: quick comparison

Company factARMD
CompanyAgilent Technologies, Inc.ResMed Inc.
ExchangeNYSENYSE
SEC industryLaboratory Analytical InstrumentsSurgical & Medical Instruments & Apparatus
Fiscal year-endOctober 31June 30
Latest annual filing10-K · 2025-12-2210-K · 2026-08-13

A vs RMD: audited financials

  • Scale: A's $6.9B of revenue is about 1.4× RMD's $5.1B.
  • Net margin: RMD kept 27.2% of revenue as net income versus 18.8% at A.
  • Cash conversion: operating cash flow equalled A 22.4% of revenue, or 1.20× net income; RMD 34.0% of revenue, or 1.25× net income. A ratio well above 1× usually reflects non-cash charges or working-capital release; well below 1× can reflect working-capital build or non-cash gains.
  • Periods: the fiscal years end about 4 months apart (2025-10-31 for A, 2025-06-30 for RMD), so each figure reflects somewhat different demand and cost conditions.

A: FY ending 2025-10-31 · RMD: FY ending 2025-06-30. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.

Where A and RMD overlap, and where they don't

Overlap

  • Related SEC industries: both sit in SIC major group 38.
  • Shared research theme: International markets.

Differences

  • Different four-digit SIC codes: A is 3826 (Laboratory Analytical Instruments); RMD is 3841 (Surgical & Medical Instruments & Apparatus).
  • Offset fiscal calendars: A's year ends October 31 and RMD's June 30, about 4 months apart.
  • Profitability: net margin of 18.8% for A versus 27.2% for RMD.

Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.

Agilent Technologies, Inc. (A)

Agilent Technologies makes analytical instruments and lab services for chemical, pharmaceutical, and life-sciences customers.

ResMed Inc. (RMD)

ResMed makes devices and software for sleep apnea, respiratory care, and out-of-hospital health management.

What moves each company

Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.

What moves A

We have not yet published a company-specific driver list for A. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2025-12-22.

What moves RMD

We have not yet published a company-specific driver list for RMD. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-08-13.

The investment question

You now know A reports about 1.4× RMD's revenue, and RMD keeps more of each dollar as net income. Those are the facts. The investment question is what each share price already assumes about their exposure to international markets, and which evidence in the next filings would prove that assumption wrong.

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SEC filing comparison and disclosure evidence

Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. A's fiscal year ends October 31, while RMD's ends June 30. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.

The current verified House and Senate snapshot contains 12 matched transaction rows for A and 8 matched transaction rows for RMD. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.

What this comparison cannot tell you

This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.

A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.

A vs RMD FAQs

Are A and RMD direct competitors?

Not necessarily. Agilent Technologies files as Laboratory Analytical Instruments and ResMed as Surgical & Medical Instruments & Apparatus. The pair is compared because both map to the International markets research theme, not because the filings show head-to-head competition.

Is A or RMD the bigger company by revenue?

Agilent Technologies (A) is the larger business by reported revenue: $6.9B in its fiscal year ended Oct 2025, about 1.4× RMD's $5.1B (fiscal year ended Jun 2025). A's net margin was 18.8% and RMD's 27.2%. The SEC places them in related industries (Laboratory Analytical Instruments; Surgical & Medical Instruments & Apparatus), and both map to the International markets research theme. Each figure is the annual amount tagged in the company's own SEC XBRL filing; market value depends on live prices, which this page does not publish.

Which is better, A or RMD?

There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.

Does this A vs RMD comparison include live prices?

No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Agilent Technologies, Inc. and ResMed Inc. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.

Where does the company information come from?

Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.

Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.

Which business differences matter to the investment thesis?

A vs RMD compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.

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