Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $4.44 billion. The enterprise value is $4.69 billion.
| Market Cap | 4.44B |
| Enterprise Value | 4.69B |
Important Dates
The next confirmed earnings date is Thursday, July 30, 2026, after market close.
| Earnings Date | Jul 30, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 59.65 million shares outstanding. The number of shares has increased by 0.17% in one year.
| Current Share Class | 59.65M |
| Shares Outstanding | 59.65M |
| Shares Change (YoY) | +0.17% |
| Shares Change (QoQ) | -0.02% |
| Owned by Insiders (%) | 2.36% |
| Owned by Institutions (%) | 103.67% |
| Float | 58.22M |
Valuation Ratios
The trailing PE ratio is 31.51 and the forward PE ratio is 17.81. MMSI's PEG ratio is 1.38.
| PE Ratio | 31.51 |
| Forward PE | 17.81 |
| PS Ratio | 2.83 |
| Forward PS | 2.65 |
| PB Ratio | 2.68 |
| P/TBV Ratio | 7.13 |
| P/FCF Ratio | 19.75 |
| P/OCF Ratio | 14.66 |
| PEG Ratio | 1.38 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.04, with an EV/FCF ratio of 21.26.
| EV / Earnings | 33.69 |
| EV / Sales | 3.04 |
| EV / EBITDA | 15.04 |
| EV / EBIT | 24.99 |
| EV / FCF | 21.26 |
Financial Position
The company has a current ratio of 5.08, with a Debt / Equity ratio of 0.51.
| Current Ratio | 5.08 |
| Quick Ratio | 3.30 |
| Debt / Equity | 0.51 |
| Debt / EBITDA | 2.63 |
| Debt / FCF | 3.72 |
| Interest Coverage | 7.11 |
Financial Efficiency
Return on equity (ROE) is 9.12% and return on invested capital (ROIC) is 7.46%.
| Return on Equity (ROE) | 9.12% |
| Return on Assets (ROA) | 4.72% |
| Return on Invested Capital (ROIC) | 7.46% |
| Return on Capital Employed (ROCE) | 7.51% |
| Weighted Average Cost of Capital (WACC) | 6.34% |
| Revenue Per Employee | $205,658 |
| Profits Per Employee | $18,578 |
| Employee Count | 7,500 |
| Asset Turnover | 0.59 |
| Inventory Turnover | 2.36 |
Taxes
In the past 12 months, MMSI has paid $47.19 million in taxes.
| Income Tax | 47.19M |
| Effective Tax Rate | 25.30% |
Stock Price Statistics
The stock price has decreased by -13.45% in the last 52 weeks. The beta is 0.51, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.51 |
| 52-Week Price Change | -13.45% |
| 50-Day Moving Average | 67.60 |
| 200-Day Moving Average | 76.08 |
| Relative Strength Index (RSI) | 56.68 |
| Average Volume (20 Days) | 780,193 |
Short Selling Information
The latest short interest is 3.39 million, so 5.69% of the outstanding shares have been sold short.
| Short Interest | 3.39M |
| Short Previous Month | 2.99M |
| Short % of Shares Out | 5.69% |
| Short % of Float | 5.83% |
| Short Ratio (days to cover) | 3.89 |
Income Statement
In the last 12 months, MMSI had revenue of $1.54 billion and earned $139.34 million in profits. Earnings per share was $2.32.
| Revenue | 1.54B |
| Gross Profit | 751.05M |
| Operating Income | 195.83M |
| Pretax Income | 186.53M |
| Net Income | 139.34M |
| EBITDA | 312.22M |
| EBIT | 187.84M |
| Earnings Per Share (EPS) | $2.32 |
Balance Sheet
The company has $488.08 million in cash and $821.56 million in debt, with a net cash position of -$333.48 million or -$5.59 per share.
| Cash & Cash Equivalents | 488.08M |
| Total Debt | 821.56M |
| Net Cash | -333.48M |
| Net Cash Per Share | -$5.59 |
| Equity (Book Value) | 1.63B |
| Book Value Per Share | 27.27 |
| Working Capital | 884.90M |
Cash Flow
In the last 12 months, operating cash flow was $297.48 million and capital expenditures -$76.66 million, giving a free cash flow of $220.82 million.
| Operating Cash Flow | 297.48M |
| Capital Expenditures | -76.66M |
| Depreciation & Amortization | 124.37M |
| Net Borrowing | n/a |
| Free Cash Flow | 220.82M |
| FCF Per Share | $3.70 |
Margins
Gross margin is 48.69%, with operating and profit margins of 12.70% and 9.03%.
| Gross Margin | 48.69% |
| Operating Margin | 12.70% |
| Pretax Margin | 12.09% |
| Profit Margin | 9.03% |
| EBITDA Margin | 20.24% |
| EBIT Margin | 12.18% |
| FCF Margin | 14.32% |
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 | -0.17% |
| Shareholder Yield | -0.17% |
| Earnings Yield | 3.19% |
| FCF Yield | 5.06% |
Analyst Forecast
The average price target for MMSI is $90.09, which is 21.13% higher than the current price. The consensus rating is "Buy".
| Price Target | $90.09 |
| Price Target Difference | 21.13% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (3Y) | 6.21% |
| EPS Growth Forecast (3Y) | 7.47% |
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 4.45 and a Piotroski F-Score of 7.
| Altman Z-Score | 4.45 |
| Piotroski F-Score | 7 |