Merit Medical Systems, Inc. (MMSI)

Merit Medical Systems Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	446.4	376.72	587.04	58.41	67.75
Trading Asset Securities	-	-	1.5	-	-
Cash & Short-Term Investments	446.4	376.72	588.54	58.41	67.75
Cash Growth	18.50%	-35.99%	907.63%	-13.79%	19.04%
Accounts Receivable	203.71	190.24	177.89	164.68	152.3
Other Receivables	19.9	18.92	11.38	13.77	20.54
Receivables	223.61	209.17	189.26	178.45	172.84
Inventory	333.71	306.06	303.87	265.99	221.92
Prepaid Expenses	24.4	20.13	17.79	15.45	14.09
Restricted Cash	2.15	2.05	2.11	2.15	-
Other Current Assets	9.89	9.65	6.91	8.64	5.61
Total Current Assets	1,040	923.77	1,108	529.08	482.21
Property, Plant & Equipment	516	451.67	446.57	448.24	437.57
Long-Term Investments	28.74	22.83	19.06	19.02	14.71
Goodwill	506.84	463.51	382.24	359.82	361.74
Other Intangible Assets	537.65	498.27	325.88	275.87	319.27
Long-Term Deferred Tax Assets	7.05	16.04	7.29	6.6	6.08
Other Long-Term Assets	33.23	33.08	32.49	22.94	24.37
Total Assets	2,686	2,419	2,325	1,664	1,648
Accounts Payable	60.55	68.5	65.94	68.5	55.62
Accrued Expenses	156.04	133.56	119.75	106.21	105.83
Current Portion of Long-Term Debt	-	-	-	11.25	8.44
Current Portion of Leases	10.88	10.33	12.09	11.01	10.67
Current Income Taxes Payable	8.85	3.49	5.09	6.7	2.54
Other Current Liabilities	3.45	0.52	0.69	16.98	53.19
Total Current Liabilities	239.76	216.4	203.56	220.65	236.28
Long-Term Debt	734.04	729.55	823.01	186.76	235.84
Long-Term Leases	76.66	54.78	56.26	59.74	61.53
Long-Term Unearned Revenue	1.4	1.5	1.61	1.71	1.82
Long-Term Deferred Tax Liabilities	19.67	0.24	5.55	18.46	31.5
Other Long-Term Liabilities	30.1	36.77	33.26	32.26	41.53
Total Liabilities	1,102	1,039	1,123	519.57	608.5
Common Stock	763.91	703.22	638.15	675.17	641.53
Retained Earnings	824.03	695.54	575.18	480.77	406.26
Comprehensive Income & Other	-3.64	-19.4	-11.33	-11.55	-7.99
Shareholders' Equity	1,584	1,379	1,202	1,144	1,040
Total Liabilities & Equity	2,686	2,419	2,325	1,664	1,648
Total Debt	821.57	794.67	891.36	268.75	316.48
Net Cash (Debt)	-375.17	-417.95	-302.82	-210.34	-248.73
Net Cash Per Share	-6.21	-7.04	-5.19	-3.65	-4.34
Filing Date Shares Outstanding	59.43	58.83	57.93	57.32	56.57
Total Common Shares Outstanding	59.42	58.74	57.86	57.31	56.57
Working Capital	800.39	707.37	904.91	308.44	245.93
Book Value Per Share	26.66	23.48	20.77	19.97	18.38
Tangible Book Value	539.81	417.58	493.88	508.7	358.79
Tangible Book Value Per Share	9.08	7.11	8.54	8.88	6.34
Land	30.47	25.85	26.02	25.94	25.29
Buildings	200.05	192.3	191.49	189.15	190.04
Machinery	426.16	402.19	379.97	360.22	339.42
Construction In Progress	82.94	58.67	61.44	61.27	51.18
Leasehold Improvements	65.24	58.77	53.64	49.67	46.34

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q