Merit Medical Systems, Inc. (MMSI)
NASDAQ: MMSI · Real-Time Price · USD
68.33
+0.06 (0.09%)
Mar 19, 2026, 4:00 PM EDT - Market closed

Merit Medical Systems Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
128.49120.3694.4174.5248.45
Depreciation & Amortization
123.17102.7189.9981.884.07
Stock-Based Compensation
43.4628.4721.3318.0416.09
Other Adjustments
25.66.219.4411.3316.46
Change in Receivables
-2.97-20.17-9.49-10.96-19.04
Changes in Inventories
-21.6-2.29-32.11-47.93-25.18
Changes in Accounts Payable
1.01-2.31-7.312.666.05
Changes in Accrued Expenses
14.269.72-2.48-16.3836.46
Changes in Income Taxes Payable
5.31-1.58-1.694.480.2
Changes in Other Operating Activities
-19.35-20.31-16.96-13.27-16.33
Operating Cash Flow
297.37220.8145.15114.29147.23
Operating Cash Flow Growth
34.68%52.12%27.00%-22.37%-10.91%
Capital Expenditures
-81.72-35.14-34.29-45.03-27.94
Sale of Property, Plant & Equipment
0.30.010.630.071.04
Purchases of Intangible Assets
-3.12-2.9-2.41-3.18-2.83
Payments for Business Acquisitions
-144.77-320.18-134.52-6.88-7.17
Proceeds from Business Divestments
----0.97-
Other Investing Activities
-18.08-10.43-4.76-1.41-0.25
Investing Cash Flow
-247.39-368.65-175.35-57.4-37.16
Long-Term Debt Issued
--1,199215.2198.42
Long-Term Debt Repaid
--99.06-579.62-260.14-206.92
Net Long-Term Debt Issued (Repaid)
--99.06619.58-44.94-108.5
Issuance of Common Stock
28.2140.9115.5820.0721.31
Net Common Stock Issued (Repurchased)
28.2140.9115.5820.0721.31
Other Financing Activities
-12.21-1.85-75.9-35.39-11.24
Financing Cash Flow
16-60.01559.27-60.26-98.44
Effect of Exchange Rate Changes on Cash and Cash Equivalents
3.8-2.52-0.48-3.83-0.8
Net Cash Flow
69.78-210.38528.59-7.1910.83
Free Cash Flow
215.66185.66110.8669.26119.29
Free Cash Flow Growth
16.16%67.47%60.06%-41.94%0.01%
FCF Margin
14.23%13.69%8.82%6.02%11.10%
Free Cash Flow Per Share
3.573.131.901.202.08
Levered Free Cash Flow
149.5772.09709.155.92-2.72
Unlevered Free Cash Flow
159.93175.7299.5655.3112.07
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q