Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
74.38
+1.27 (1.73%)
Jul 24, 2026, 10:40 AM EDT - Market open
Merit Medical Systems Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 1,542 | 1,516 | 1,357 | 1,257 | 1,151 | 1,075 |
Revenue Growth | 11.10% | 11.75% | 7.89% | 9.24% | 7.09% | 11.50% |
Gross Profit Gross Profit Growth | 751.05 | 738.27 | 643.33 | 583.87 | 519.1 | 485.33 |
Operating Income Operating Income Growth | 187.84 | 184.72 | 155.69 | 123.94 | 87.56 | 60.92 |
Net Income Net Income Growth | 139.34 | 128.49 | 120.36 | 94.41 | 74.52 | 48.45 |
Earnings Per Share EPS Growth | 2.31 | 2.13 | 2.03 | 1.62 | 1.29 | 0.84 |
EPS Growth | 13.23% | 4.93% | 25.31% | 25.58% | 53.57% | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Peripheral Intervention Peripheral Intervention Growth | - | 579.84 | 532.77 | 502.22 | 439.81 | 405.12 |
Cardiac Intervention Cardiac Intervention Growth | - | 448.91 | 368.95 | 358.45 | 343.19 | 320.64 |
Custom Procedural Solutions Custom Procedural Solutions Growth | - | 209.33 | 200.03 | 195.33 | 190.19 | 193.94 |
OEM OEM Growth | - | 204.96 | 199.99 | 164.56 | 145.03 | 123.53 |
Revenue (Total) Revenue (Total) Growth | 1,542 | 1,516 | 1,357 | 1,257 | 1,151 | 1,075 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 488.08 | 446.4 | 203.71 | 587.04 | 58.41 | 67.75 |
Total Debt Total Debt Growth | 821.56 | 821.57 | 794.67 | 891.36 | 268.75 | 315.03 |
Net Cash (Debt) Net Cash Growth | -333.48 | -375.17 | -590.96 | -304.32 | -210.34 | -247.28 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -5.54 | -6.21 | -9.95 | -5.21 | -3.65 | -4.31 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 297.48 | 297.37 | 220.8 | 145.15 | 114.29 | 147.23 |
Capital Expenditures CapEx Growth | -76.66 | -81.72 | -35.14 | -34.29 | -45.03 | -27.94 |
Free Cash Flow Free Cash Flow Growth | 220.82 | 215.66 | 185.66 | 110.86 | 69.26 | 119.29 |
Free Cash Flow Growth | 22.24% | 16.16% | 67.47% | 60.06% | -41.94% | 0.01% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 48.69% | 48.70% | 47.43% | 46.44% | 45.10% | 45.16% |
Operating Margin | 12.18% | 12.19% | 11.48% | 9.86% | 7.61% | 5.67% |
Pretax Margin | 12.09% | 11.28% | 11.06% | 8.91% | 7.18% | 5.02% |
Profit Margin | 9.03% | 8.48% | 8.87% | 7.51% | 6.47% | 4.51% |
FCF Margin | 14.32% | 14.23% | 13.69% | 8.82% | 6.02% | 11.10% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jul '26 Jul 24, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 31.51 | 41.38 | 47.65 | 46.89 | 54.74 | 74.17 |
Forward PE | 17.81 | 22.51 | 27.13 | 24.04 | 25.97 | 27.70 |
P/FCF Ratio | 19.75 | 24.29 | 30.60 | 39.64 | 58.43 | 29.54 |
PS Ratio | 2.83 | 3.46 | 4.19 | 3.50 | 3.52 | 3.28 |