DigitalOcean Holdings Inc vs ResMed Inc. — how do they compare? DigitalOcean Holdings Inc trades at $126.74 (market cap $14.21B), while ResMed Inc. trades at $220 (market cap $32.61B). The key difference: ResMed Inc. is far larger — about 2.3× DigitalOcean Holdings Inc's market cap, and ResMed Inc. pays a 1.17% dividend while DigitalOcean Holdings Inc pays none. Which is the better fit depends on your goals.
| DOCN | RMD | |
|---|---|---|
Market Cap | $14.21B | $32.61B |
Sector | Technology | Health |
52-Week High | $181.29 | $293.73 |
52-Week Low | $29.99 | $182.82 |
Enterprise Value | $14.97B | $31.97B |
Dividend Yield | — | 1.17% |
Trailing returns across standard periods
DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and other countries.
Read more on DOCN →ResMed is one of the largest respiratory care device companies globally, primarily developing and supplying flow generators, masks and accessories for the treatment of sleep apnea. Increasing diagnosis of sleep apnea combined with ageing populations and increasing prevalence of obesity is resulting in a structurally growing market. The company earns roughly two thirds of its revenue in the Americas and the balance across other regions dominated by Europe, Japan and Australia. Recent developments and acquisitions have focused on digital health as ResMed is aiming to differentiate itself through the provision of clinical data for use by the patient, medical care advisor and payer in the out-of-hospital setting.
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