Merit Medical Systems, Inc. (MMSI)

NASDAQ: MMSI · Real-Time Price · USD

103.94

+0.67 (0.65%)

At close: Mar 28, 2025, 4:00 PM

107.22

+3.28 (3.16%)

After-hours: Mar 28, 2025, 7:49 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	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	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	2019 - 2015
Revenue	1,357	1,257	1,151	1,075	963.88	Upgrade
Revenue Growth (YoY)	7.89%	9.24%	7.09%	11.50%	-3.11%	Upgrade
Cost of Revenue	713.18	673.49	631.88	589.42	562.7	Upgrade
Gross Profit	643.33	583.87	519.1	485.33	401.18	Upgrade
Selling, General & Admin	396.63	370.98	335.33	329.69	297.72	Upgrade
Research & Development	87.47	82.73	75.51	71.25	57.54	Upgrade
Operating Expenses	484.1	453.7	410.84	400.94	355.26	Upgrade
Operating Income	159.24	130.17	108.26	84.4	45.92	Upgrade
Interest Expense	-31.22	-15.51	-6.34	-5.26	-9.99	Upgrade
Interest & Investment Income	26.23	2.46	0.44	0.77	0.6	Upgrade
Currency Exchange Gain (Loss)	1.96	2	1.42	-1.6	-2.19	Upgrade
Other Non Operating Income (Expenses)	-2.67	-0.8	-0.45	-0.91	-0.61	Upgrade
EBT Excluding Unusual Items	153.54	118.31	103.33	77.4	33.73	Upgrade
Merger & Restructuring Charges	-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	-0.44	-1.7	-4.61	-9.16	7.96	Upgrade
Pretax Income	149.99	112.09	82.63	53.92	-13.23	Upgrade
Income Tax Expense	29.64	17.68	8.11	5.46	-3.39	Upgrade
Net Income	120.36	94.41	74.52	48.45	-9.84	Upgrade
Net Income to Common	120.36	94.41	74.52	48.45	-9.84	Upgrade
Net Income Growth	27.48%	26.70%	53.79%	-	-	Upgrade
Shares Outstanding (Basic)	58	58	57	56	55	Upgrade
Shares Outstanding (Diluted)	59	58	58	57	55	Upgrade
Shares Change (YoY)	1.73%	1.19%	0.54%	3.47%	-1.42%	Upgrade
EPS (Basic)	2.07	1.64	1.31	0.86	-0.18	Upgrade
EPS (Diluted)	2.03	1.62	1.29	0.84	-0.18	Upgrade
EPS Growth	25.31%	25.58%	53.57%	-	-	Upgrade
Free Cash Flow	185.66	110.86	69.26	119.29	119.28	Upgrade
Free Cash Flow Per Share	3.13	1.90	1.20	2.08	2.15	Upgrade
Gross Margin	47.42%	46.44%	45.10%	45.16%	41.62%	Upgrade
Operating Margin	11.74%	10.35%	9.41%	7.85%	4.76%	Upgrade
Profit Margin	8.87%	7.51%	6.47%	4.51%	-1.02%	Upgrade
Free Cash Flow Margin	13.69%	8.82%	6.02%	11.10%	12.38%	Upgrade
EBITDA	261.95	220.15	190.07	168.46	139.99	Upgrade
EBITDA Margin	19.31%	17.51%	16.51%	15.68%	14.52%	Upgrade
D&A For EBITDA	102.71	89.99	81.8	84.07	94.07	Upgrade
EBIT	159.24	130.17	108.26	84.4	45.92	Upgrade
EBIT Margin	11.74%	10.35%	9.41%	7.85%	4.76%	Upgrade
Effective Tax Rate	19.76%	15.77%	9.82%	10.13%	-	Upgrade

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q