Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $4.06 billion. The enterprise value is $4.44 billion.
| Market Cap | 4.06B |
| Enterprise Value | 4.44B |
Important Dates
The next estimated earnings date is Thursday, April 23, 2026, after market close.
| Earnings Date | Apr 23, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 59.43 million shares outstanding. The number of shares has increased by 1.85% in one year.
| Current Share Class | 59.43M |
| Shares Outstanding | 59.43M |
| Shares Change (YoY) | +1.85% |
| Shares Change (QoQ) | +0.18% |
| Owned by Insiders (%) | 2.22% |
| Owned by Institutions (%) | 105.69% |
| Float | 58.08M |
Valuation Ratios
The trailing PE ratio is 32.08 and the forward PE ratio is 16.82. MMSI's PEG ratio is 1.29.
| PE Ratio | 32.08 |
| Forward PE | 16.82 |
| PS Ratio | 2.68 |
| Forward PS | 2.48 |
| PB Ratio | 2.56 |
| P/TBV Ratio | 7.52 |
| P/FCF Ratio | 18.83 |
| P/OCF Ratio | 13.66 |
| PEG Ratio | 1.29 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 13.99, with an EV/FCF ratio of 20.57.
| EV / Earnings | 34.53 |
| EV / Sales | 2.93 |
| EV / EBITDA | 13.99 |
| EV / EBIT | 22.88 |
| EV / FCF | 20.57 |
Financial Position
The company has a current ratio of 4.34, with a Debt / Equity ratio of 0.52.
| Current Ratio | 4.34 |
| Quick Ratio | 2.79 |
| Debt / Equity | 0.52 |
| Debt / EBITDA | 2.46 |
| Debt / FCF | 3.81 |
| Interest Coverage | 7.33 |
Financial Efficiency
Return on equity (ROE) is 8.67% and return on invested capital (ROIC) is 7.44%.
| Return on Equity (ROE) | 8.67% |
| Return on Assets (ROA) | 4.75% |
| Return on Invested Capital (ROIC) | 7.44% |
| Return on Capital Employed (ROCE) | 7.93% |
| Weighted Average Cost of Capital (WACC) | 6.71% |
| Revenue Per Employee | $202,121 |
| Profits Per Employee | $17,132 |
| Employee Count | 7,500 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 2.43 |
Taxes
In the past 12 months, MMSI has paid $42.45 million in taxes.
| Income Tax | 42.45M |
| Effective Tax Rate | 24.83% |
Stock Price Statistics
The stock price has decreased by -31.64% in the last 52 weeks. The beta is 0.60, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.60 |
| 52-Week Price Change | -31.64% |
| 50-Day Moving Average | 79.00 |
| 200-Day Moving Average | 85.10 |
| Relative Strength Index (RSI) | 30.02 |
| Average Volume (20 Days) | 899,969 |
Short Selling Information
The latest short interest is 3.55 million, so 5.98% of the outstanding shares have been sold short.
| Short Interest | 3.55M |
| Short Previous Month | 3.74M |
| Short % of Shares Out | 5.98% |
| Short % of Float | 6.12% |
| Short Ratio (days to cover) | 5.12 |
Income Statement
In the last 12 months, MMSI had revenue of $1.52 billion and earned $128.49 million in profits. Earnings per share was $2.13.
| Revenue | 1.52B |
| Gross Profit | 738.27M |
| Operating Income | 193.90M |
| Pretax Income | 170.94M |
| Net Income | 128.49M |
| EBITDA | 317.07M |
| EBIT | 193.90M |
| Earnings Per Share (EPS) | $2.13 |
Balance Sheet
The company has $446.40 million in cash and $821.57 million in debt, with a net cash position of -$375.17 million or -$6.31 per share.
| Cash & Cash Equivalents | 446.40M |
| Total Debt | 821.57M |
| Net Cash | -375.17M |
| Net Cash Per Share | -$6.31 |
| Equity (Book Value) | 1.58B |
| Book Value Per Share | 26.66 |
| Working Capital | 800.39M |
Cash Flow
In the last 12 months, operating cash flow was $297.37 million and capital expenditures -$81.72 million, giving a free cash flow of $215.66 million.
| Operating Cash Flow | 297.37M |
| Capital Expenditures | -81.72M |
| Free Cash Flow | 215.66M |
| FCF Per Share | $3.63 |
Margins
Gross margin is 48.70%, with operating and profit margins of 12.79% and 8.48%.
| Gross Margin | 48.70% |
| Operating Margin | 12.79% |
| Pretax Margin | 11.28% |
| Profit Margin | 8.48% |
| EBITDA Margin | 20.92% |
| EBIT Margin | 12.79% |
| FCF Margin | 14.23% |
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 | -1.85% |
| Shareholder Yield | -1.85% |
| Earnings Yield | 3.16% |
| FCF Yield | 5.31% |
Analyst Forecast
The average price target for MMSI is $103.56, which is 51.56% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $103.56 |
| Price Target Difference | 51.56% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 9 |
| Revenue Growth Forecast (5Y) | 6.77% |
| EPS Growth Forecast (5Y) | 20.16% |
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 4.56 and a Piotroski F-Score of 7.
| Altman Z-Score | 4.56 |
| Piotroski F-Score | 7 |