MERIT MEDICAL SYSTEMS INC (MMSI)
↓ Download CSV- Sector Manufacturing
- Incorporated UT
- Fiscal year ends Dec 31
In fiscal 2025, MERIT MEDICAL SYSTEMS INC reported revenue of $1.52B, up 11.8% from the prior year. The company was profitable, with a net margin of 8.5% and a gross margin of 48.7%. It held $2.69B in total assets against $1.10B in total liabilities.
Key ratios (FY2025)
48.7%
Gross margin
12.2%
Operating margin
8.5%
Net margin
8.1%
Return on equity
+11.8%
Revenue growth (YoY)
| Metric (FY) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.52B | $1.36B | $1.26B | $1.15B | $1.07B | $963.88M | $994.85M | $882.75M | $727.85M | $603.84M |
| Cost of Revenue | $777.64M | $713.18M | $673.49M | $631.88M | $589.42M | $562.70M | $562.49M | $487.98M | $401.60M | $338.81M |
| Gross Profit | $738.27M | $643.33M | $583.87M | $519.10M | $485.33M | $401.18M | $432.37M | $394.77M | $326.25M | $265.02M |
| Operating Income | $184.72M | $155.69M | $123.94M | $87.56M | $60.92M | -$1.56M | $15.43M | $58.62M | $33.07M | $34.88M |
| Net Income | $128.49M | $120.36M | $94.41M | $74.52M | $48.45M | -$9.84M | $5.45M | $42.02M | $27.52M | $20.12M |
| EPS (Diluted) | $2.13 | $2.03 | $1.62 | $1.29 | $0.84 | $-0.18 | $0.10 | $0.78 | $0.55 | $0.45 |
| Total Assets | $2.69B | $2.42B | $2.33B | $1.66B | $1.65B | $1.66B | $1.76B | $1.62B | $1.11B | $942.80M |
| Total Liabilities | $1.10B | $1.04B | $1.12B | $519.57M | $608.50M | $705.82M | $807.38M | $687.24M | $435.48M | $444.61M |
| Shareholders' Equity | $1.58B | $1.38B | $1.20B | $1.14B | $1.04B | $958.58M | $949.94M | $932.77M | $676.33M | $498.19M |
| Cash & Equivalents | $446.40M | $376.71M | $587.04M | $58.41M | $67.75M | $56.92M | $44.32M | $67.36M | $32.34M | $19.17M |
| Operating Cash Flow | $297.37M | $220.80M | $145.15M | $114.29M | $147.23M | $165.27M | $77.81M | $86.53M | $62.73M | $53.60M |
| Capital Expenditures | $81.72M | $35.14M | $34.29M | $45.03M | $27.94M | $45.99M | $78.17M | $63.32M | $38.62M | $32.84M |
| Shares Outstanding | 60.46M | 59.37M | 58.36M | 57.67M | 57.36M | 55.43M | 56.23M | 53.93M | 50.10M | 44.86M |