ResMed: Growing Returns With Continuous Acquisitions Led To A Margin Of Safety

Core Insights - ResMed Inc (NYSE: RMD) has achieved double-digit revenue and profit growth over the past 9 years, contrasting with the single-digit revenue growth typical in its sector, primarily due to continuous acquisitions [1] Company Performance - The company has consistently outperformed its industry peers by leveraging strategic acquisitions to drive growth [1] Industry Context - The sector in which ResMed operates is characterized by single-digit revenue growth, highlighting the company's exceptional performance relative to its industry [1]