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Merit Medical Systems (MMSI) Company Overview

Profile

Full Name:

Merit Medical Systems, Inc.

Sector:

Healthcare

Industry:

Medical Instruments & Supplies

Country:

United States

IPO:

May 14, 1990

Indexes:

Not included

Website:

http://www.merit.com

Description:

Merit Medical Systems, Inc. is one of the leading manufacturers and sellers of patented disposable medical devices used in interventional, diagnostic, and therapeutic procedures in cardiology, radiology, oncology, intensive care, and endoscopy. The company was founded in 1987, headquartered in South Jordan, Utah, USA. The company supplies products to individual physicians, hospitals and clinics, major purchasing groups, and integrated healthcare networks. The company's products are offered for sale in six main groups: Peripheral intervention. Cardiac intervention. Cardiovascular and resuscitation support. Interventional oncology and spine. Localization and breast cancer treatment guidance. Endoscopy.

Key Details

Price

$99.95

Market Cap

$5.88 B(Mid cap)

Last Dividend

-

TTM Dividend Yield

-

Annual Revenue

$1.36 B(+7.89% YoY)

Annual EPS

$2.03(+25.31% YoY)

PE Ratio

49.24

Annual ROE

9.33%

Annual Debt To Equity

0.53

Beta

0.60

Events Calendar

Earnings

Next earnings date:

Apr 30, 2025

Recent quarterly earnings:

Feb 25, 2025

Recent annual earnings:

Feb 25, 2025
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

May 6, 2011

Analyst ratings

Recent major analysts updates

Feb 26, 25 Wells Fargo
Overweight
Feb 26, 25 Needham
Buy
Feb 26, 25 Canaccord Genuity
Buy
Feb 26, 25 Barrington Research
Outperform
Jan 29, 25 Piper Sandler
Overweight
Jan 29, 25 Needham
Buy
Jan 29, 25 Canaccord Genuity
Buy
Jan 29, 25 Barrington Research
Outperform
Jan 21, 25 Piper Sandler
Overweight
Jan 14, 25 Needham
Buy

Screeners with MMSI included

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Market Data

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Price

Current Price

$99.95
MMSI price is $99.95

Price All-time High

$111.06
MMSI price is currently -10.00% below its historical high of $111.06

Price Analysts Target

$116.50
MMSI price is currently -14.21% lower than the consensus analysts' forecast

Price Most Recent Change

+0.35%
MMSI price was up +0.35% on Mar 7, 2025

Price YTD Change

+3.2%
MMSI price is up +3.2% since January 1st

Price 3-Year Change

+55.49%
MMSI price is up +55.49% over the past 3 years

Market cap

Market Cap

$5.88 B
MMSI market capitalization is $5.88 billion

Market Cap 3-Year Change

+61.71%
MMSI market capitalization is up +61.71% over the past 3 years

Market Cap All-time High

$6.52 B
MMSI market capitalization is currently -9.86% below its historical high of $6.52 billion

Market Cap Sector Rank

89.55%
MMSI market capitalization is higher than 89.55% of companies in Healthcare sector

Technical

Beta

0.60
MMSI beta is 0.60

200-day SMA

$95.54
MMSI price is currently +4.62% above its 200-day simple moving average

14-day RSI

40.89
MMSI 14-day relative strength index is 40.89

30-day Relative Volume

0.85
MMSI 30-day relative volume is 0.85

Dividend

Profitability

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Revenue

Annual Revenue

$1.36 B
MMSI annual revenue is $1.36 billion

Annual Revenue Analysts Estimate

$1.48 B
MMSI annual revenue is currently -8.35% lower than the consensus analysts' forecast

Annual Revenue 1-Year Change

+7.89%
MMSI annual revenue is up +7.89% year-on-year

Annual Revenue Sector Rank

83.13%
MMSI annual revenue is higher than 83.13% of companies in Healthcare sector

Profit

Annual Gross Profit

$643.33 M
MMSI annual gross profit is $643.33 million

Annual Gross Margin

47.43%
MMSI annual gross profit margin is 47.43%

Annual Operating Profit

$156.14 M
MMSI annual operating income is $156.14 million

Annual Operating Margin

11.51%
MMSI annual operating profit margin is 11.51%

Annual Net Income

$120.36 M
MMSI annual net profit is $120.36 million

Annual Net Margin

8.87%
MMSI annual net profit margin is 8.87%

EPS

Annual EPS

$2.03
MMSI annual earnings per share is $2.03

Annual EPS Analysts Estimate

$3.65
MMSI annual earnings per share is currently -44.35% lower than the consensus analysts' forecast

Annual EPS 1-Year Change

+25.31%
MMSI annual earnings per share is up +25.31% year-on-year

Annual EPS Sector Rank

92.19%
MMSI annual earnings per share is higher than 92.19% of companies in Healthcare sector

ROA & ROE

Annual ROA

5.07%
MMSI annual return on assets is 5.07%

Annual ROE

9.33%
MMSI annual return on equity is 9.33%

EBIT & EBITDA

Annual EBIT

$181.21 M
MMSI annual earnings before interest & taxes is $181.21 million

Annual EBITDA

$295.94 M
MMSI annual EBITDA is $295.94 million

Valuation

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PE Ratio

PE Ratio

49.24
MMSI price to earnings ratio is 49.24

PE Ratio Sector Rank

76.85%
MMSI price to earnings ratio is higher than 76.85% of companies in Healthcare sector

PB Ratio

PB Ratio

4.26
MMSI price to book ratio is 4.26

PB Ratio Sector Rank

79.41%
MMSI price to book ratio is higher than 79.41% of companies in Healthcare sector

PS Ratio

PS Ratio

4.34
MMSI price to sales ratio is 4.34

PS Ratio Sector Rank

58.41%
MMSI price to sales ratio is higher than 58.41% of companies in Healthcare sector

Enterprise value

Enterprise Value

$6.30 B
MMSI enterprise value is $6.30 billion

Enterprise Value Sector Rank

89.21%
MMSI enterprise value is higher than 89.21% of companies in Healthcare sector

EV/EBITDA

EV/EBITDA

21.28
MMSI EV/EBITDA is 21.28

EV/EBITDA Sector Rank

91.77%
MMSI EV/EBITDA is higher than 91.77% of companies in Healthcare sector

Financial Health

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Liquidity

Annual Current Ratio

4.27
MMSI annual current ratio is 4.27

Annual Quick Ratio

2.85
MMSI annual quick ratio is 2.85

Leverage

Annual Debt To Equity

0.53
MMSI annual debt to equity ratio is 0.53

Annual Interest Coverage Ratio

5.80
MMSI annual interest coverage ratio is 5.80

Risk & Stability

Piotroski F-Score

6
MMSI piotroski f-score is 6

Altman Z-Score

4.96
MMSI altman z-score is 4.96

Balance Sheet

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Assets

Annual Total Assets

$2.42 B
MMSI annual total assets is $2.42 billion

Annual Non Current Assets

$1.49 B
MMSI annual long term assets is $1.49 billion

Annual Current Assets

$923.77 M
MMSI annual total current assets is $923.77 million

Annual Cash & Cash Equivalents

$376.71 M
MMSI annual cash & cash equivalents is $376.71 million

Equity

Annual Book Value

$1.38 B
MMSI annual book value is $1.38 billion

Annual Working Capital

$707.37 M
MMSI annual working capital is $707.37 million

Liabilities

Annual Total Liabilities

$1.04 B
MMSI annual total liabilities is $1.04 billion

Annual Total Long Term Liabilities

$822.84 M
MMSI annual total long term liabilities is $822.84 million

Annual Current Liabilities

$216.40 M
MMSI annual total current liabilities is $216.40 million

Annual Accounts Payable

$68.50 M
MMSI annual accounts payable is $68.50 million

Debt

Annual Total Debt

$794.66 M
MMSI annual total debt is $794.66 million

Annual Total Debt 1-Year Change

-10.85%
MMSI annual total debt is down -10.85% year-on-year

Annual Long Term Debt

$784.33 M
MMSI annual long term debt is $784.33 million

Annual Short Term Debt

$10.33 M
MMSI annual short term debt is $10.33 million

Expenses

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Annual Total Expenses

$1.20 B
MMSI annual total expenses is $1.20 billion

Annual Operating Expenses

$487.20 M
MMSI annual total operating expenses is $487.20 million

Annual Cost Of Goods Sold

$713.18 M
MMSI annual cost of goods sold is $713.18 million

Annual SGA

$399.73 M
MMSI annual SGA is $399.73 million

Annual D&A

$114.73 M
MMSI annual depreciation & amortization is $114.73 million

Annual Interest Expense

$31.22 M
MMSI annual interest expense is $31.22 million

Cash Flow

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Cashflow Activities

Annual CFO

$220.80 M
MMSI annual cash flow from operations is $220.80 million

Annual CFO 1-Year Change

+52.12%
MMSI annual cash flow from operations is up +52.12% year-on-year

Annual CFI

-$368.65 M
MMSI annual cash flow from investing activities is -$368.65 million

Annual CFI 1-Year Change

-110.24%
MMSI annual cash flow from investing activities is down -110.24% year-on-year

Annual CFF

-$60.01 M
MMSI annual cash flow from financing activities is -$60.01 million

Annual CFF 1-Year Change

-110.73%
MMSI annual cash flow from financing activities is down -110.73% year-on-year

Free CashFlow

Annual FCF

$182.76 M
MMSI annual free cash flow is $182.76 million

Annual FCF 1-Year Change

+68.52%
MMSI annual free cash flow is up +68.52% year-on-year

CAPEX

Annual CAPEX

$38.04 M
MMSI annual capital expenditures is $38.04 million

Annual CAPEX 1-Year Change

+3.66%
MMSI annual capital expenditures is up +3.66% year-on-year

Institutional Ownership

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FAQ

  • What is the ticker symbol for Merit Medical Systems?
  • Does Merit Medical Systems pay dividends?
  • What sector is Merit Medical Systems in?
  • What industry is Merit Medical Systems in?
  • What country is Merit Medical Systems based in?
  • When did Merit Medical Systems go public?
  • Is Merit Medical Systems in the S&P 500?
  • Is Merit Medical Systems in the NASDAQ 100?
  • Is Merit Medical Systems in the Dow Jones?
  • When was Merit Medical Systems's last earnings report?
  • When does Merit Medical Systems report earnings?
  • Should I buy Merit Medical Systems stock now?

What is the ticker symbol for Merit Medical Systems?

The ticker symbol for Merit Medical Systems is NASDAQ:MMSI

Does Merit Medical Systems pay dividends?

No, Merit Medical Systems does not pay dividends

What sector is Merit Medical Systems in?

Merit Medical Systems is in the Healthcare sector

What industry is Merit Medical Systems in?

Merit Medical Systems is in the Medical Instruments & Supplies industry

What country is Merit Medical Systems based in?

Merit Medical Systems is headquartered in United States

When did Merit Medical Systems go public?

Merit Medical Systems's initial public offering (IPO) was on May 14, 1990

Is Merit Medical Systems in the S&P 500?

No, Merit Medical Systems is not included in the S&P 500 index

Is Merit Medical Systems in the NASDAQ 100?

No, Merit Medical Systems is not included in the NASDAQ 100 index

Is Merit Medical Systems in the Dow Jones?

No, Merit Medical Systems is not included in the Dow Jones index

When was Merit Medical Systems's last earnings report?

Merit Medical Systems's most recent earnings report was on Feb 25, 2025

When does Merit Medical Systems report earnings?

The next expected earnings date for Merit Medical Systems is Apr 30, 2025

Should I buy Merit Medical Systems stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions