Merit Medical Systems, Inc. (MMSI)

NASDAQ: MMSI · Real-Time Price · USD

84.69

+0.47 (0.56%)

At close: Jul 25, 2025, 4:00 PM

84.22

-0.47 (-0.55%)

After-hours: Jul 25, 2025, 5:42 PM EDT

Merit Medical Systems Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Revenue	1,388	1,357	1,257	1,151	1,075	963.88	Upgrade
Revenue Growth (YoY)	8.19%	7.89%	9.24%	7.09%	11.50%	-3.11%	Upgrade
Cost of Revenue	724.72	713.18	673.49	631.88	589.42	562.7	Upgrade
Gross Profit	663.64	643.33	583.87	519.1	485.33	401.18	Upgrade
Selling, General & Admin	409.69	396.63	370.98	335.33	329.69	297.72	Upgrade
Research & Development	88.46	87.47	82.73	75.51	71.25	57.54	Upgrade
Operating Expenses	498.15	484.1	453.7	410.84	400.94	355.26	Upgrade
Operating Income	165.49	159.24	130.17	108.26	84.4	45.92	Upgrade
Interest Expense	-29.74	-31.22	-15.51	-6.34	-5.26	-9.99	Upgrade
Interest & Investment Income	22.74	26.23	2.46	0.44	0.77	0.6	Upgrade
Currency Exchange Gain (Loss)	0.92	1.96	2	1.42	-1.6	-2.19	Upgrade
Other Non Operating Income (Expenses)	-1.12	-2.67	-0.8	-0.45	-0.91	-0.61	Upgrade
EBT Excluding Unusual Items	158.29	153.54	118.31	103.33	77.4	33.73	Upgrade
Merger & Restructuring Charges	-3.1	-3.1	-2.7	-7.2	-2.7	-	Upgrade
Gain (Loss) on Sale of Investments	-	-	-0.27	-0.5	-	-6	Upgrade
Gain (Loss) on Sale of Assets	-	-	-	-	-	0.52	Upgrade
Asset Writedown	-	-	-	-1.72	-1.58	-30.5	Upgrade
Legal Settlements	-	-	-	-	-10.04	-18.68	Upgrade
Other Unusual Items	-1.58	-0.44	-1.7	-4.61	-9.16	7.96	Upgrade
Pretax Income	153.6	149.99	112.09	82.63	53.92	-13.23	Upgrade
Income Tax Expense	31.34	29.64	17.68	8.11	5.46	-3.39	Upgrade
Net Income	122.26	120.36	94.41	74.52	48.45	-9.84	Upgrade
Net Income to Common	122.26	120.36	94.41	74.52	48.45	-9.84	Upgrade
Net Income Growth	19.93%	27.48%	26.70%	53.79%	-	-	Upgrade
Shares Outstanding (Basic)	58	58	58	57	56	55	Upgrade
Shares Outstanding (Diluted)	60	59	58	58	57	55	Upgrade
Shares Change (YoY)	2.72%	1.73%	1.19%	0.54%	3.47%	-1.42%	Upgrade
EPS (Basic)	2.09	2.07	1.64	1.31	0.86	-0.18	Upgrade
EPS (Diluted)	2.04	2.03	1.62	1.29	0.84	-0.18	Upgrade
EPS Growth	17.19%	25.31%	25.58%	53.57%	-	-	Upgrade
Free Cash Flow	180.64	185.66	110.86	69.26	119.29	119.28	Upgrade
Free Cash Flow Per Share	3.01	3.13	1.90	1.20	2.08	2.15	Upgrade
Gross Margin	47.80%	47.42%	46.44%	45.10%	45.16%	41.62%	Upgrade
Operating Margin	11.92%	11.74%	10.35%	9.41%	7.85%	4.76%	Upgrade
Profit Margin	8.81%	8.87%	7.51%	6.47%	4.51%	-1.02%	Upgrade
Free Cash Flow Margin	13.01%	13.69%	8.82%	6.02%	11.10%	12.38%	Upgrade
EBITDA	273.89	261.95	220.15	190.07	168.46	139.99	Upgrade
EBITDA Margin	19.73%	19.31%	17.51%	16.51%	15.68%	14.52%	Upgrade
D&A For EBITDA	108.4	102.71	89.99	81.8	84.07	94.07	Upgrade
EBIT	165.49	159.24	130.17	108.26	84.4	45.92	Upgrade
EBIT Margin	11.92%	11.74%	10.35%	9.41%	7.85%	4.76%	Upgrade
Effective Tax Rate	20.40%	19.76%	15.77%	9.82%	10.13%	-	Upgrade

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q