Merit Medical Systems Statistics
Total Valuation
MMSI has a market cap or net worth of $5.21 billion. The enterprise value is $5.58 billion.
| Market Cap | 5.21B |
| Enterprise Value | 5.58B |
Important Dates
The next estimated earnings date is Thursday, October 29, 2026, after market close.
| Earnings Date | Oct 29, 2026 |
| Ex-Dividend Date | n/a |
Share Statistics
MMSI has 59.71 million shares outstanding. The number of shares has decreased by -0.86% in one year.
| Current Share Class | 59.71M |
| Shares Outstanding | 59.71M |
| Shares Change (YoY) | -0.86% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 2.31% |
| Owned by Institutions (%) | 107.51% |
| Float | 58.30M |
Valuation Ratios
The trailing PE ratio is 35.92 and the forward PE ratio is 20.02. MMSI's PEG ratio is 1.47.
| PE Ratio | 35.92 |
| Forward PE | 20.02 |
| PS Ratio | 3.30 |
| Forward PS | 3.09 |
| PB Ratio | 3.10 |
| P/TBV Ratio | 9.88 |
| P/FCF Ratio | 25.67 |
| P/OCF Ratio | 18.40 |
| PEG Ratio | 1.47 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 16.48, with an EV/FCF ratio of 27.50.
| EV / Earnings | 38.38 |
| EV / Sales | 3.54 |
| EV / EBITDA | 16.48 |
| EV / EBIT | 26.04 |
| EV / FCF | 27.50 |
Financial Position
The company has a current ratio of 4.20, with a Debt / Equity ratio of 0.49.
| Current Ratio | 4.20 |
| Quick Ratio | 2.64 |
| Debt / Equity | 0.49 |
| Debt / EBITDA | 2.30 |
| Debt / FCF | 4.04 |
| Interest Coverage | 6.75 |
Financial Efficiency
Return on equity (ROE) is 9.19% and return on invested capital (ROIC) is 8.01%.
| Return on Equity (ROE) | 9.19% |
| Return on Assets (ROA) | 4.92% |
| Return on Invested Capital (ROIC) | 8.01% |
| Return on Capital Employed (ROCE) | 8.26% |
| Weighted Average Cost of Capital (WACC) | 6.40% |
| Revenue Per Employee | $210,508 |
| Profits Per Employee | $19,408 |
| Employee Count | 7,500 |
| Asset Turnover | 0.58 |
| Inventory Turnover | 2.29 |
Taxes
In the past 12 months, MMSI has paid $48.90 million in taxes.
| Income Tax | 48.90M |
| Effective Tax Rate | 25.15% |
Stock Price Statistics
The stock price has increased by +5.18% in the last 52 weeks. The beta is 0.49, so MMSI's price volatility has been lower than the market average.
| Beta (5Y) | 0.49 |
| 52-Week Price Change | +5.18% |
| 50-Day Moving Average | 86.02 |
| 200-Day Moving Average | 76.71 |
| Relative Strength Index (RSI) | 52.61 |
| Average Volume (20 Days) | 584,635 |
Short Selling Information
The latest short interest is 3.62 million, so 6.06% of the outstanding shares have been sold short.
| Short Interest | 3.62M |
| Short Previous Month | 3.45M |
| Short % of Shares Out | 6.06% |
| Short % of Float | 6.20% |
| Short Ratio (days to cover) | 6.16 |
Income Statement
In the last 12 months, MMSI had revenue of $1.58 billion and earned $145.56 million in profits. Earnings per share was $2.43.
| Revenue | 1.58B |
| Gross Profit | 781.73M |
| Operating Income | 214.55M |
| Pretax Income | 194.46M |
| Net Income | 145.56M |
| EBITDA | 338.94M |
| EBIT | 214.55M |
| Earnings Per Share (EPS) | $2.43 |
Balance Sheet
The company has $448.70 million in cash and $820.12 million in debt, with a net cash position of -$371.42 million or -$6.22 per share.
| Cash & Cash Equivalents | 448.70M |
| Total Debt | 820.12M |
| Net Cash | -371.42M |
| Net Cash Per Share | -$6.22 |
| Equity (Book Value) | 1.68B |
| Book Value Per Share | 28.13 |
| Working Capital | 847.31M |
Cash Flow
In the last 12 months, operating cash flow was $283.45 million and capital expenditures -$80.24 million, giving a free cash flow of $203.21 million.
| Operating Cash Flow | 283.45M |
| Capital Expenditures | -80.24M |
| Depreciation & Amortization | 124.39M |
| Net Borrowing | n/a |
| Free Cash Flow | 203.21M |
| FCF Per Share | $3.40 |
Margins
Gross margin is 49.51%, with operating and profit margins of 13.59% and 9.22%.
| Gross Margin | 49.51% |
| Operating Margin | 13.59% |
| Pretax Margin | 12.32% |
| Profit Margin | 9.22% |
| EBITDA Margin | 21.47% |
| EBIT Margin | 13.59% |
| FCF Margin | 12.87% |
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 | 0.86% |
| Shareholder Yield | 0.86% |
| Earnings Yield | 2.79% |
| FCF Yield | 3.90% |
Analyst Forecast
The average price target for MMSI is $101.45, which is 16.22% higher than the current price. The consensus rating is "Buy".
| Price Target | $101.45 |
| Price Target Difference | 16.22% |
| Analyst Consensus | Buy |
| Analyst Count | 11 |
| Revenue Growth Forecast (3Y) | 6.63% |
| EPS Growth Forecast (3Y) | 9.02% |
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 3.98 and a Piotroski F-Score of 7.
| Altman Z-Score | 3.98 |
| Piotroski F-Score | 7 |