Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.23 billion. The enterprise value is $5.54 billion.
| Market Cap | 5.23B |
| Enterprise Value | 5.54B |
Important Dates
The last earnings date was Thursday, October 29, 2026, after market close.
| Earnings Date | Oct 29, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 59.92 million shares outstanding. The number of shares has decreased by -0.82% in one year.
| Current Share Class | 59.92M |
| Shares Outstanding | 59.92M |
| Shares Change (YoY) | -0.82% |
| Shares Change (QoQ) | +0.62% |
| Owned by Insiders (%) | 2.31% |
| Owned by Institutions (%) | 104.03% |
| Float | 58.51M |
Valuation Ratios
The trailing PE ratio is 32.66 and the forward PE ratio is 19.41. MMSI's PEG ratio is 1.33.
| PE Ratio | 32.66 |
| Forward PE | 19.41 |
| PS Ratio | 3.24 |
| Forward PS | 3.05 |
| PB Ratio | 2.99 |
| P/TBV Ratio | 8.48 |
| P/FCF Ratio | 25.67 |
| P/OCF Ratio | 19.09 |
| PEG Ratio | 1.33 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.90, with an EV/FCF ratio of 27.24.
| EV / Earnings | 34.63 |
| EV / Sales | 3.44 |
| EV / EBITDA | 15.90 |
| EV / EBIT | 24.77 |
| EV / FCF | 27.24 |
Financial Position
The company has a current ratio of 4.52, with a Debt / Equity ratio of 0.47.
| Current Ratio | 4.52 |
| Quick Ratio | 2.90 |
| Debt / Equity | 0.47 |
| Debt / EBITDA | 2.24 |
| Debt / FCF | 4.04 |
| Interest Coverage | 6.92 |
Financial Efficiency
Return on equity (ROE) is 9.78% and return on invested capital (ROIC) is 8.23%.
| Return on Equity (ROE) | 9.78% |
| Return on Assets (ROA) | 5.04% |
| Return on Invested Capital (ROIC) | 8.23% |
| Return on Capital Employed (ROCE) | 8.42% |
| Weighted Average Cost of Capital (WACC) | 6.68% |
| Revenue Per Employee | $214,787 |
| Profits Per Employee | $21,349 |
| Employee Count | 7,500 |
| Asset Turnover | 0.58 |
| Inventory Turnover | 2.29 |
Taxes
In the past 12 months, MMSI has paid $51.59 million in taxes.
| Income Tax | 51.59M |
| Effective Tax Rate | 24.37% |
Stock Price Statistics
The stock price has increased by +0.14% in the last 52 weeks. The beta is 0.55, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.55 |
| 52-Week Price Change | +0.14% |
| 50-Day Moving Average | 88.28 |
| 200-Day Moving Average | 77.07 |
| Relative Strength Index (RSI) | 46.33 |
| Average Volume (20 Days) | 826,005 |
Short Selling Information
The latest short interest is 3.79 million, so 6.33% of the outstanding shares have been sold short.
| Short Interest | 3.79M |
| Short Previous Month | 3.63M |
| Short % of Shares Out | 6.33% |
| Short % of Float | 6.49% |
| Short Ratio (days to cover) | 6.23 |
Income Statement
In the last 12 months, MMSI had revenue of $1.61 billion and earned $160.12 million in profits. Earnings per share was $2.67.
| Revenue | 1.61B |
| Gross Profit | 789.05M |
| Operating Income | 223.83M |
| Pretax Income | 211.71M |
| Net Income | 160.12M |
| EBITDA | 348.76M |
| EBIT | 223.83M |
| Earnings Per Share (EPS) | $2.67 |
Balance Sheet
The company has $503.55 million in cash and $822.06 million in debt, with a net cash position of -$318.51 million or -$5.32 per share.
| Cash & Cash Equivalents | 503.55M |
| Total Debt | 822.06M |
| Net Cash | -318.51M |
| Net Cash Per Share | -$5.32 |
| Equity (Book Value) | 1.74B |
| Book Value Per Share | 29.13 |
| Working Capital | 933.73M |
Cash Flow
In the last 12 months, operating cash flow was $273.74 million and capital expenditures -$70.15 million, giving a free cash flow of $203.59 million.
| Operating Cash Flow | 273.74M |
| Capital Expenditures | -70.15M |
| Depreciation & Amortization | 124.92M |
| Net Borrowing | n/a |
| Free Cash Flow | 203.59M |
| FCF Per Share | $3.40 |
Margins
Gross margin is 48.98%, with operating and profit margins of 13.89% and 9.94%.
| Gross Margin | 48.98% |
| Operating Margin | 13.89% |
| Pretax Margin | 13.14% |
| Profit Margin | 9.94% |
| EBITDA Margin | 21.65% |
| EBIT Margin | 13.89% |
| FCF Margin | 12.64% |
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 |
| FCF Payout Ratio | n/a |
| Buyback Yield | 0.82% |
| Shareholder Yield | 0.82% |
| Earnings Yield | 3.06% |
| FCF Yield | 3.90% |
Analyst Forecast
The average price target for MMSI is $107.00, which is 22.66% higher than the current price. The consensus rating is "Buy".
| Price Target | $107.00 |
| Price Target Difference | 22.66% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
| Revenue Growth Forecast (3Y) | 6.69% |
| EPS Growth Forecast (3Y) | 9.42% |
Fair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
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| Graham Number | |
| Graham Upside | |
| Graham Formula Value | |
| Graham Formula 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 4.01 and a Piotroski F-Score of 6.
| Altman Z-Score | 4.01 |
| Piotroski F-Score | 6 |