Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.51 billion. The enterprise value is $5.98 billion.
| Market Cap | 5.51B |
| Enterprise Value | 5.98B |
Important Dates
The next estimated earnings date is Wednesday, October 29, 2025, after market close.
| Earnings Date | Oct 29, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 59.22 million shares outstanding. The number of shares has increased by 3.41% in one year.
| Current Share Class | 59.22M |
| Shares Outstanding | 59.22M |
| Shares Change (YoY) | +3.41% |
| Shares Change (QoQ) | -1.09% |
| Owned by Insiders (%) | 2.38% |
| Owned by Institutions (%) | 107.16% |
| Float | 57.79M |
Valuation Ratios
The trailing PE ratio is 47.14 and the forward PE ratio is 25.12. MMSI's PEG ratio is 1.99.
| PE Ratio | 47.14 |
| Forward PE | 25.12 |
| PS Ratio | 3.81 |
| Forward PS | 3.49 |
| PB Ratio | 3.70 |
| P/TBV Ratio | 13.07 |
| P/FCF Ratio | 28.63 |
| P/OCF Ratio | 22.94 |
| PEG Ratio | 1.99 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 21.25, with an EV/FCF ratio of 31.12.
| EV / Earnings | 50.24 |
| EV / Sales | 4.18 |
| EV / EBITDA | 21.25 |
| EV / EBIT | 35.99 |
| EV / FCF | 31.12 |
Financial Position
The company has a current ratio of 4.09, with a Debt / Equity ratio of 0.55.
| Current Ratio | 4.09 |
| Quick Ratio | 2.51 |
| Debt / Equity | 0.55 |
| Debt / EBITDA | 2.76 |
| Debt / FCF | 4.27 |
| Interest Coverage | 5.77 |
Financial Efficiency
Return on equity (ROE) is 8.60% and return on invested capital (ROIC) is 4.66%.
| Return on Equity (ROE) | 8.60% |
| Return on Assets (ROA) | 4.19% |
| Return on Invested Capital (ROIC) | 4.66% |
| Return on Capital Employed (ROCE) | 7.04% |
| Revenue Per Employee | $193,624 |
| Profits Per Employee | $16,097 |
| Employee Count | 7,400 |
| Asset Turnover | 0.58 |
| Inventory Turnover | 2.40 |
Taxes
In the past 12 months, MMSI has paid $32.02 million in taxes.
| Income Tax | 32.02M |
| Effective Tax Rate | 21.19% |
Stock Price Statistics
The stock price has decreased by -3.43% in the last 52 weeks. The beta is 0.64, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.64 |
| 52-Week Price Change | -3.43% |
| 50-Day Moving Average | 88.29 |
| 200-Day Moving Average | 96.81 |
| Relative Strength Index (RSI) | 66.38 |
| Average Volume (20 Days) | 480,241 |
Short Selling Information
The latest short interest is 3.17 million, so 5.36% of the outstanding shares have been sold short.
| Short Interest | 3.17M |
| Short Previous Month | 3.36M |
| Short % of Shares Out | 5.36% |
| Short % of Float | 5.49% |
| Short Ratio (days to cover) | 4.17 |
Income Statement
In the last 12 months, MMSI had revenue of $1.43 billion and earned $119.12 million in profits. Earnings per share was $1.97.
| Revenue | 1.43B |
| Gross Profit | 687.03M |
| Operating Income | 166.26M |
| Pretax Income | 141.88M |
| Net Income | 119.12M |
| EBITDA | 281.59M |
| EBIT | 166.26M |
| Earnings Per Share (EPS) | $1.97 |
Balance Sheet
The company has $341.82 million in cash and $820.55 million in debt, giving a net cash position of -$478.73 million or -$8.08 per share.
| Cash & Cash Equivalents | 341.82M |
| Total Debt | 820.55M |
| Net Cash | -478.73M |
| Net Cash Per Share | -$8.08 |
| Equity (Book Value) | 1.49B |
| Book Value Per Share | 25.13 |
| Working Capital | 697.50M |
Cash Flow
In the last 12 months, operating cash flow was $239.96 million and capital expenditures -$47.64 million, giving a free cash flow of $192.31 million.
| Operating Cash Flow | 239.96M |
| Capital Expenditures | -47.64M |
| Free Cash Flow | 192.31M |
| FCF Per Share | $3.25 |
Margins
Gross margin is 47.95%, with operating and profit margins of 11.60% and 8.31%.
| Gross Margin | 47.95% |
| Operating Margin | 11.60% |
| Pretax Margin | 10.55% |
| Profit Margin | 8.31% |
| EBITDA Margin | 19.65% |
| EBIT Margin | 11.60% |
| FCF Margin | 13.42% |
Dividends & Yields
MMSI does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -3.41% |
| Shareholder Yield | -3.41% |
| Earnings Yield | 2.16% |
| FCF Yield | 3.49% |
Analyst Forecast
The average price target for MMSI is $107.00, which is 15.10% higher than the current price. The consensus rating is "Buy".
| Price Target | $107.00 |
| Price Target Difference | 15.10% |
| Analyst Consensus | Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 7.73% |
| EPS Growth Forecast (5Y) | 21.73% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside |
Stock Splits
The last stock split was on May 6, 2011. It was a forward split with a ratio of 1.25:1.
| Last Split Date | May 6, 2011 |
| Split Type | Forward |
| Split Ratio | 1.25:1 |
Scores
MMSI has an Altman Z-Score of 4.61 and a Piotroski F-Score of 6.
| Altman Z-Score | 4.61 |
| Piotroski F-Score | 6 |