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Side-by-side financial comparison of North American Construction Group Ltd. (NOA) and ResMed (RMD). Click either name above to swap in a different company.

ResMed is the larger business by last-quarter revenue ($1.4B vs $860.2M, roughly 1.7× North American Construction Group Ltd.). ResMed runs the higher net margin — 27.6% vs 4.7%, a 22.9% gap on every dollar of revenue. Over the past eight quarters, North American Construction Group Ltd.'s revenue compounded faster (58.0% CAGR vs 9.0%).

Shanghai Construction (Group) Corporation (SCG) is a Chinese construction and engineering company, ranked as the 16th largest construction company in the world based on 2011 revenues.

ResMed Inc. is a medical equipment company based in San Diego, California, and founded in Australia. It primarily provides cloud-connectable medical devices for the treatment of sleep apnea, chronic obstructive pulmonary disease (COPD), and other respiratory conditions. Resmed produced hundreds of thousands of ventilators and bilevel devices to help treat the respiratory symptoms of patients with COVID-19.

NOA vs RMD — Head-to-Head

Bigger by revenue
RMD
RMD
1.7× larger
RMD
$1.4B
$860.2M
NOA
Higher net margin
RMD
RMD
22.9% more per $
RMD
27.6%
4.7%
NOA
Faster 2-yr revenue CAGR
NOA
NOA
Annualised
NOA
58.0%
9.0%
RMD

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
NOA
NOA
RMD
RMD
Revenue
$860.2M
$1.4B
Net Profit
$40.5M
$392.6M
Gross Margin
19.7%
61.8%
Operating Margin
15.4%
34.6%
Net Margin
4.7%
27.6%
Revenue YoY
11.0%
Net Profit YoY
13.9%
EPS (diluted)
$2.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NOA
NOA
RMD
RMD
Q4 25
$1.4B
Q3 25
$860.2M
$1.3B
Q2 25
$573.3M
$1.3B
Q1 25
$297.0M
$1.3B
Q4 24
$1.3B
Q3 24
$636.4M
$1.2B
Q2 24
$439.5M
$1.2B
Q1 24
$244.3M
$1.2B
Net Profit
NOA
NOA
RMD
RMD
Q4 25
$392.6M
Q3 25
$40.5M
$348.5M
Q2 25
$26.0M
$379.7M
Q1 25
$11.5M
$365.0M
Q4 24
$344.6M
Q3 24
$45.5M
$311.4M
Q2 24
$34.1M
$292.2M
Q1 24
$21.8M
$300.5M
Gross Margin
NOA
NOA
RMD
RMD
Q4 25
61.8%
Q3 25
19.7%
61.5%
Q2 25
18.1%
60.8%
Q1 25
18.0%
59.3%
Q4 24
58.6%
Q3 24
14.0%
58.6%
Q2 24
14.3%
58.5%
Q1 24
16.8%
57.9%
Operating Margin
NOA
NOA
RMD
RMD
Q4 25
34.6%
Q3 25
15.4%
33.4%
Q2 25
13.6%
33.7%
Q1 25
13.0%
33.0%
Q4 24
32.5%
Q3 24
7.9%
31.6%
Q2 24
8.2%
31.2%
Q1 24
10.5%
31.3%
Net Margin
NOA
NOA
RMD
RMD
Q4 25
27.6%
Q3 25
4.7%
26.1%
Q2 25
4.5%
28.2%
Q1 25
3.9%
28.3%
Q4 24
26.9%
Q3 24
7.1%
25.4%
Q2 24
7.8%
23.9%
Q1 24
8.9%
25.1%
EPS (diluted)
NOA
NOA
RMD
RMD
Q4 25
$2.68
Q3 25
$2.37
Q2 25
$2.58
Q1 25
$2.48
Q4 24
$2.34
Q3 24
$2.11
Q2 24
$1.97
Q1 24
$2.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NOA
NOA
RMD
RMD
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
$403.9M
Stockholders' EquityBook value
$6.3B
Total Assets
$1.7B
$8.5B
Debt / EquityLower = less leverage
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NOA
NOA
RMD
RMD
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.2B
Q1 25
$932.7M
Q4 24
$521.9M
Q3 24
$426.4M
Q2 24
$238.4M
Q1 24
$237.9M
Total Debt
NOA
NOA
RMD
RMD
Q4 25
$403.9M
Q3 25
$408.7M
Q2 25
$658.4M
Q1 25
$663.1M
Q4 24
$662.9M
Q3 24
$667.6M
Q2 24
$697.3M
Q1 24
$997.0M
Stockholders' Equity
NOA
NOA
RMD
RMD
Q4 25
$6.3B
Q3 25
$6.1B
Q2 25
$6.0B
Q1 25
$5.5B
Q4 24
$5.3B
Q3 24
$5.2B
Q2 24
$4.9B
Q1 24
$4.6B
Total Assets
NOA
NOA
RMD
RMD
Q4 25
$8.5B
Q3 25
$1.7B
$8.3B
Q2 25
$1.7B
$8.2B
Q1 25
$1.7B
$7.6B
Q4 24
$7.1B
Q3 24
$1.5B
$7.2B
Q2 24
$1.5B
$6.9B
Q1 24
$1.5B
$6.8B
Debt / Equity
NOA
NOA
RMD
RMD
Q4 25
0.06×
Q3 25
0.07×
Q2 25
0.11×
Q1 25
0.12×
Q4 24
0.13×
Q3 24
0.13×
Q2 24
0.14×
Q1 24
0.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NOA
NOA
RMD
RMD
Operating Cash FlowLast quarter
$140.7M
$339.7M
Free Cash FlowOCF − Capex
$311.2M
FCF MarginFCF / Revenue
21.9%
Capex IntensityCapex / Revenue
2.0%
Cash ConversionOCF / Net Profit
3.47×
0.87×
TTM Free Cash FlowTrailing 4 quarters
$1.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NOA
NOA
RMD
RMD
Q4 25
$339.7M
Q3 25
$140.7M
$457.3M
Q2 25
$85.4M
$538.8M
Q1 25
$19.0M
$578.7M
Q4 24
$308.6M
Q3 24
$109.5M
$325.5M
Q2 24
$72.0M
$440.1M
Q1 24
$31.8M
$402.0M
Free Cash Flow
NOA
NOA
RMD
RMD
Q4 25
$311.2M
Q3 25
$414.4M
Q2 25
$508.2M
Q1 25
$557.9M
Q4 24
$288.0M
Q3 24
$307.7M
Q2 24
$415.2M
Q1 24
$380.8M
FCF Margin
NOA
NOA
RMD
RMD
Q4 25
21.9%
Q3 25
31.0%
Q2 25
37.7%
Q1 25
43.2%
Q4 24
22.5%
Q3 24
25.1%
Q2 24
33.9%
Q1 24
31.8%
Capex Intensity
NOA
NOA
RMD
RMD
Q4 25
2.0%
Q3 25
3.2%
Q2 25
2.3%
Q1 25
1.6%
Q4 24
1.6%
Q3 24
1.5%
Q2 24
2.0%
Q1 24
1.8%
Cash Conversion
NOA
NOA
RMD
RMD
Q4 25
0.87×
Q3 25
3.47×
1.31×
Q2 25
3.28×
1.42×
Q1 25
1.65×
1.59×
Q4 24
0.90×
Q3 24
2.41×
1.05×
Q2 24
2.11×
1.51×
Q1 24
1.46×
1.34×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NOA
NOA

Segment breakdown not available.

RMD
RMD

Sleep And Breathing Health$1.3B88%
Residential Care Software$166.9M12%

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