Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.09 billion. The enterprise value is $5.52 billion.
| Market Cap | 5.09B |
| Enterprise Value | 5.52B |
Important Dates
The last earnings date was Thursday, October 30, 2025, after market close.
| Earnings Date | Oct 30, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 59.29 million shares outstanding. The number of shares has increased by 3.06% in one year.
| Current Share Class | 59.29M |
| Shares Outstanding | 59.29M |
| Shares Change (YoY) | +3.06% |
| Shares Change (QoQ) | -1.14% |
| Owned by Insiders (%) | 2.38% |
| Owned by Institutions (%) | 104.71% |
| Float | 57.85M |
Valuation Ratios
The trailing PE ratio is 43.97 and the forward PE ratio is 21.96. MMSI's PEG ratio is 1.75.
| PE Ratio | 43.97 |
| Forward PE | 21.96 |
| PS Ratio | 3.42 |
| Forward PS | 3.18 |
| PB Ratio | 3.33 |
| P/TBV Ratio | 10.52 |
| P/FCF Ratio | 24.59 |
| P/OCF Ratio | 19.01 |
| PEG Ratio | 1.75 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 18.90, with an EV/FCF ratio of 26.66.
| EV / Earnings | 46.57 |
| EV / Sales | 3.73 |
| EV / EBITDA | 18.90 |
| EV / EBIT | 32.15 |
| EV / FCF | 26.66 |
Financial Position
The company has a current ratio of 4.28, with a Debt / Equity ratio of 0.54.
| Current Ratio | 4.28 |
| Quick Ratio | 2.71 |
| Debt / Equity | 0.54 |
| Debt / EBITDA | 2.67 |
| Debt / FCF | 3.97 |
| Interest Coverage | 6.11 |
Financial Efficiency
Return on equity (ROE) is 8.30% and return on invested capital (ROIC) is 4.77%.
| Return on Equity (ROE) | 8.30% |
| Return on Assets (ROA) | 4.28% |
| Return on Invested Capital (ROIC) | 4.77% |
| Return on Capital Employed (ROCE) | 7.15% |
| Revenue Per Employee | $199,612 |
| Profits Per Employee | $16,004 |
| Employee Count | 7,400 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 2.39 |
Taxes
In the past 12 months, MMSI has paid $34.59 million in taxes.
| Income Tax | 34.59M |
| Effective Tax Rate | 22.61% |
Stock Price Statistics
The stock price has decreased by -15.75% in the last 52 weeks. The beta is 0.61, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.61 |
| 52-Week Price Change | -15.75% |
| 50-Day Moving Average | 84.13 |
| 200-Day Moving Average | 92.29 |
| Relative Strength Index (RSI) | 51.02 |
| Average Volume (20 Days) | 695,196 |
Short Selling Information
The latest short interest is 3.09 million, so 5.20% of the outstanding shares have been sold short.
| Short Interest | 3.09M |
| Short Previous Month | 3.33M |
| Short % of Shares Out | 5.20% |
| Short % of Float | 5.33% |
| Short Ratio (days to cover) | 5.75 |
Income Statement
In the last 12 months, MMSI had revenue of $1.48 billion and earned $118.43 million in profits. Earnings per share was $1.95.
| Revenue | 1.48B |
| Gross Profit | 715.90M |
| Operating Income | 171.54M |
| Pretax Income | 153.02M |
| Net Income | 118.43M |
| EBITDA | 291.78M |
| EBIT | 171.54M |
| Earnings Per Share (EPS) | $1.95 |
Balance Sheet
The company has $392.46 million in cash and $821.15 million in debt, giving a net cash position of -$428.70 million or -$7.23 per share.
| Cash & Cash Equivalents | 392.46M |
| Total Debt | 821.15M |
| Net Cash | -428.70M |
| Net Cash Per Share | -$7.23 |
| Equity (Book Value) | 1.53B |
| Book Value Per Share | 25.80 |
| Working Capital | 755.06M |
Cash Flow
In the last 12 months, operating cash flow was $267.61 million and capital expenditures -$60.72 million, giving a free cash flow of $206.88 million.
| Operating Cash Flow | 267.61M |
| Capital Expenditures | -60.72M |
| Free Cash Flow | 206.88M |
| FCF Per Share | $3.49 |
Margins
Gross margin is 48.47%, with operating and profit margins of 11.61% and 8.02%.
| Gross Margin | 48.47% |
| Operating Margin | 11.61% |
| Pretax Margin | 10.36% |
| Profit Margin | 8.02% |
| EBITDA Margin | 19.75% |
| EBIT Margin | 11.61% |
| FCF Margin | 14.01% |
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 | -3.06% |
| Shareholder Yield | -3.06% |
| Earnings Yield | 2.33% |
| FCF Yield | 4.07% |
Analyst Forecast
The average price target for MMSI is $105.38, which is 22.78% higher than the current price. The consensus rating is "Strong Buy".
| Price Target | $105.38 |
| Price Target Difference | 22.78% |
| Analyst Consensus | Strong Buy |
| Analyst Count | 8 |
| Revenue Growth Forecast (5Y) | 7.92% |
| EPS Growth Forecast (5Y) | 22.25% |
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 |